Stacks' Nakamoto Upgrade is bringing an upgrade to Bitcoin DeFi on Wednesday
The Stacks Network’s Nakamoto Upgrade is ushering in a new era of scalability for DeFi on the Bitcoin ecosystem.
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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow. 111 Total views 2 Total shares America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from…
JPMorgan bank deploys JPM Coin for euro-denominated payments
Germany’s conglomerate Siemens AG was reportedly the first company to process euro-denominated payments using JPM Coin. The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects, JPM Coin, into traditional banking.JPMorgan has deployed its blockchain-based payment system, JPM Coin, to introduce euro-denominated payments for corporate clients, Bloomberg reported…
Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
The Argentine president, inaugurated on Dec. 10, has promised to disband the Central Bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation. 62 Total views 17 Total shares After libertarian Javier Milei was sworn into the presidential office in Argentina on Dec. 10, the local crypto community is hoping he’ll keep some of
To the moon: Huobi wants to send someone to space for its 8th birthday
Huobi will celebrate another year around the sun by sending a lucky user to space. 665 Total views 5 Total shares Huobi Group, a major global blockchain company behind the world’s third-largest cryptocurrency exchange by trading volume, is celebrating its eighth birthday in a somewhat unusual way.The company will hold a series of events as part…
Bitcoin crashes below $53K wiping out $600M in leveraged longs
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply.
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
A representative of the Russian Ministry of Finance (MinFin) says the ministry is considering allowing cryptocurrency trading, Russian news service Interfax reported on June 21.Per the report, the Deputy Minister of Finance Alexei Moiseyev told journalists on Friday that, while MinFin had reached no final decision, cryptocurrency trading may be allowed in the coming bill…
London Stock Exchange CEO Is Certain That Blockchain Can Be Used in Issuing, Settlement
The CEO of the London Stock Exchange (LSE), one of the world’s oldest stock exchanges, believes that blockchain could have a use in issuing securities and settlement. CNBC reported on the CEO Nikhil Rathi’s comments on May 2.Speaking in an interview, Rathi noted that distributed ledger tech (DLT) could potentially play a role in the…
SOL price risks 20% drop despite Grayscale Solana Trust’s retail debut
On April 17, the price of Solana (SOL) crept lower in the wake of similar price moves across the top-ranking cryptocurrencies, including Bitcoin (BTC) and Ether (ETH).SOL's price dropped over 4% under $24.50 despite rising to $26 — a two-month high — earlier in the day. In comparison, BTC's and ETH's prices dropped 3.5% and 3%,…