Stellar Cryptocurrency Lives Up to Name With 40% July Gains

news The China Banking Association (CBA), the country’s self-regulatory organization for the banking sector, is launching a new blockchain-based platform for trade finance. The platform was announced last week while the organization is in the process of rolling it out for live usage after several pilot programs aimed at improving the efficiency and security of trade…

Aptos blockchain’s native token APT has slid ahead of this week’s unlock of more than 2% of the circulating supply.Data from TokenUnlocks shows that more than 4.5 million APT tokens, worth about $30 million, will be unlocked on Friday. 3.21 million tokens, or $21 million, will be distributed to the community, while the remaining tokens…

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.Terra co-founders Daniel Shin and Do Kwon(Terraform Labs)Jan 26, 2021 at 3:00 p.m. UTCGalaxy, Coinbase Bet $25M on DeFi Using Terra StablecoinsTerraform Labs has raised $25 million in a new round from Galaxy Digital, Coinbase Ventures, Pantera Capital and others.The stablecoin for e-commerce…

Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s (BTC) halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.Bitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events.

Do Kwon’s extradition from Montenegro has been delayed yet again. Just last week, the Balkan country’s appellate court issued what seemed to be a definitive decision to extradite Kwon to his native South Korea. But like past extradition decisions in Kwon’s case, it has been postponed by Montenegro’s Supreme Court at the request of the

BiBitcoin's (BTC) price movements in the month of June. Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility ReportA 31% drop in month-over-month trading volume in June drove bitcoin’s annualized volatility to a six-month low, according to a recent report by the cryptocurrency exchange Kraken.  According to the report,…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market…

A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission's (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, which the company had argued could hurt it at trial.D.C. District Court Judge Amy Berman Jackson, who is presiding over the SEC’s case against Binance.US, dismissed…

The past couple of weeks have seen a couple of big crypto-related developments in Nigeria, the very same country which until recently had a complete ban on platform crypto trading. One is that Nigeria (population: 233 million) is preparing a crypto tax proposal — if the government is planning to tax it, then the government