Trump family’s DeFi project wants to ‘ensure US dollar dominance’
The project has teased a partnership and collaboration with DeFi protocol AAVE, possibly indicating World Liberty Financial will be built on the Ethereum blockchain.
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Arbitrum’s TVL surges to $1.5B as DeFi degens ape into ArbiNYAN
More than $1 billion worth of Ether is still locked in the ArbiNYAN yield farm despite the price of its native token crashing more than 90% in 24 hours. 297 Total views 9 Total shares Ethereum layer-two rollup network Arbitrum One is beginning to see significant growth, with its total value locked (TVL) surging by…
AI is coming for your job: What industries will be affected?
Artificial Intelligence (AI) has been growing at an unprecedented rate in recent years and is being integrated into a range of industries. But its rapid growth has sparked concern over job losses, as many tasks previously performed by humans could soon be automated by AI.For example, on May 1, IBM CEO Arvind Krishna told Bloomberg…
Mexican State Bank Announces Stricter Rules for Crypto Exchanges
All crypto exchanges and banks providing crypto services in Mexico will now be obliged to receive a permit from the Bank of Mexico (Banxico), according to a September 10 circular published in the official daily of the Mexican government, the Diario Oficial de la Federacion.The letter called "General provisions on operations related to electronic payment…
HBAR Foundation launches $100M climate-focused impact fund, declaring DOVU as inaugural grantee
The HBAR Foundation, a philanthropic and independent subsidiary of distributed ledger firm Hedera Hashgraph, has announced the launch of the environmentally-conscious Sustainable Impact Fund, SIF, conceived to foster the development of climate-conscious solutions within the Hedera ecosystem.The first recipient, a Welsh blockchain company called DOVU, will be granted $100 million to pursue their open-source Guardian technology…
Forbes ‘Fintech 50’ List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut
Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field.Given that the notorious crypto boom of 2017 has been followed by the relentless bear market,…
World’s Largest Crypto Exchange Binance Announces All Listing Fees Will Be Donated to Charity
The CEO of world’s largest cryptocurrency exchange Binance said he “hoped others would follow” his decision to donate all listing fees to charity after a sudden announcement Monday, October 8.According to the announcement, beginning “immediately” meanwhile, Binance will not only donate all such fees to charitable causes for the “greater good,” but also allow developers…
Trump, tax and hacks: 5 things shaping Bitcoin price action this week
Bitcoin (BTC) starts the week pushing for $11,000 as ranging behavior continues, but futures gap danger remains.Cointelegraph takes a look at five factors that could shape Bitcoin price action in the coming week.Trump tax files see $11,000 BTC price bounceSunday provided an unexpected boost to Bitcoin after a week of lackluster price performance. This was…
Chinese city of Jinan accepts CBDC payments for bus rides
The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network. Jinan, the capital of eastern China’s Shandong Province, has begun encouraging the adoption of the country's central bank digital currency (CBDC) program by introducing the acceptance of digital yuan payments across all its…