Stablecoin market cap hits new all-time high amid 11 months of growth

Cryptocurrency-powered web browser Brave announced on Oct. 16 that it reached 8 million monthly active users.Furthermore, daily active users stand at over 2.8 million and the number of creators subscribed to its web advertisement network also reportedly substantially increased. There are also over 290,000 Brave Verified Publishers who subscribed to the advertisement platform powered by Brave’s…

Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business.The counsel for FTX debtors and debtors-in-possession, represented by the law firm Sullivan & Cromwell, on Sept. 18 filed a lawsuit against SBF’s parents

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.DeFi will be in focus during the inaugural Commodity Futures Trading Commission (CFTC) tech advisory meeting, where a panel will “explore issues in decentralized finance.”Polygon, a layer-2 scaling protocol for…

The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. 852 Total views 35 Total shares The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to…

Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. 318 Total views 10 Total shares Results for the second quarter of 2020 show tremendous growth for decentralized applications across all ecosystems, primarily spearheaded by Ethereum (ETH) decentralized finance, or DeFi.Decentralized exchanges were at the frontlines of the rise as Compound token mining…

Hindenburg Research has uncovered evidence of big problems with a major AI hardware provider.

The Maerki Baumann private bank will become the second Swiss bank to accept cryptocurrency assets, financial news outlet International Investment reports August 6. The private Zurich bank has decided to accept crypto assets from payments received for services rendered, as well as those earned from crypto mining, as a response to new market demands and…

A top executive at Switzerland's principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development was reported by financial news outlet Finews on May 6.The SIX Swiss Exchange sees roughly 5.2 billion Swiss Francs (CHF) (~$5.1 billion)…