UK, Colombia crypto exchanges linked in TD Bank record fine
TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN.
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Vitalik thinks token-based decentralized governance is holding DeFi back
Buterin asserts that things need to move beyond coin voting as it exists in its present form, suggesting “proof-of-humanity” or “proof-of-participation” alternatives. 1323 Total views 11 Total shares Ethereum co-founder Vitalik Buterin has taken a deep dive into token-based decentralized governance, suggesting that existing voting mechanisms are flawed and may be holding the DeFi sector…
BNB Chain’s improving fundamentals and use cases beyond DeFi support BNB run to $600
Upcoming Binance Launchpad incentives, CZ’s upcoming release and BNB Chain’s use cases outside of DeFi appear to be behind BNB’s rally.
Grayscale’s Crypto Funds Grow by $1 Billion in Just 11 Days
Grayscale’s Bitcoin Trust currently holds $4.3B assets under management, but this growth may be due to ‘in kind’ purchases. 1980 Total views 24 Total shares Crypto fund manager Grayscale Investments has managed to increase its assets under management by another $1 billion in less than two weeks.According to an update posted to Grayscale’s Twitter account…
Celo Raises $30 Million for Stablecoin-Based Smartphone Payment Plans
Blockchain payments startup Celo has raised $30 million from well-known crypto investors Polychain Capital and Andreessen Horowitz, the Wall Street Journal (WSJ) reported on April 2.Celo, which is the trading name of A Protocol Inc., plans to use an in-house digital token and stablecoin to facilitate cross-border payments, primarily focusing on the unbanked using smartphones.Having…
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with April 6’s drop below $44,000, there is still mounting evidence that the market structure is healthy. On Dec. 3, 2021, Bitcoin initiated a 25.6% correction that lasted 18 hours and culminated with a $42,360 low. Four months later, the price remained 18% below…
‘Insane evidence’ Bitcoin has capitulated in past 2 months — Analysis
Bitcoin (BTC) is providing overwhelming evidence that it is capitulating, and it is time to flip bullish as a result, new analysis believes.In a Twitter thread on Aug. 3, Charles Edwards, CEO of crypto asset manager Capriole, revealed what he called the “The 12 Bitcoin Capitulations.”“Risk-returns skewed positively” for BitcoinWith BTC price action recovering from…
Privacy blockchain Dusk establishes $5 million grant program
Folks looking to build solutions involving Dusk’s privacy-focused blockchain can apply for support, as the company has $5 million to dish out. 671 Total views 1 Total shares The crypto space has grown significantly in recent years, with various projects harnessing different blockchains for their solutions. Dusk Network, a blockchain focused on privacy, now offers…
Multi-utility tokens to enable Web 3.0 by providing more than financial value
Cryptocurrencies are commonly known for being a store of value, but as the blockchain space continues to mature, utility tokens are being created that extend their benefits beyond mere financial gains.Scott Gralnick, director of global partnerships for ShapeShift — a Swiss cryptocurrency exchange — told Cointelegraph that cryptocurrency can help launch Web 3.0 as more utility…