The stablecoin showdown

The DeFi market continues to heat up, with Alameda Research identifying Southeast Asia as a potential growth hub. 2313 Total views 18 Total shares Alameda Research has expanded its investment portfolio by allocating $4 million to Coin98 Finance, an up-and-coming decentralized finance platform from Vietnam, according to Chinese fintech outlet ChainNews.Coin98 Ventures, the venture capital…

Asset manager Hashdex recently met with the U.S. SEC to address the regulator’s concerns over its application for a spot Bitcoin ETF. 595 Total views 6 Total shares Asset manager Hashdex recently held a meeting with the United States Securities and Exchange Commission to address the regulator’s concerns about its application to allow the Hashdex

Friday, August 30: following the mid-week’s strong upswing, the crypto markets subsequently saw widespread corrections, but most cryptocurrencies are today consolidating these higher lows. The vast majority of cryptos are in the green, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $6,925 at press time, up around 1 percent on the…

While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto. 141 Total views 13 Total shares As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support to Bitcoin (BTC) mining.Russia should encourage the development…

There is no denying that nonfungible tokens (NFTs) have taken a hit in recent months. Market conditions have plunged, scams and hacks are frequent, and there is an increasing number of low-quality projects, pushing many to question the value of NFTs and their place in Web3 altogether. Over the last crypto cycle, NFT market conditions have…

Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility.Sony has filed a patent

Miners have sold less Bitcoin (BTC) over the past seven days as the highly anticipated block reward halving approaches. This means that miners expect the price of Bitcoin to increase substantially over time after the halving occurs.The Bitcoin halving, which is set to occur on Tuesday, occurs approximately every four years. When triggered, it decreases…

When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts have framed the proposal as a somewhat underwhelming update to the current…

According to former FTX general counsel Can Sun, Bankman-Fried "was not surprised at all" that billions of dollars were missing. 219 Total views 4 Total shares Sam Bankman-Fried instructed FTX's former general counsel Can Sun to "come up" with any legal explanation for the $8 billion hole in Alameda Research's books, according to Sun's testimony