VanEck subsidiary’s memecoin index up 137% year-to-date
This represents a 15x increase compared to the S&P 500’s year-to-date returns.
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Decentralization in the centers of power: Learn crypto from Biden’s SEC chair pick, part 3/3
This is the third article in a three-part series based on Gary Gensler's extensive prior public statements on crypto. Here are parts 1 and 2.Cointelegraph has been busily digging through a treasure trove of likely future Chairman of the Securities and Exchange Commission Gary Gensler’s thoughts on crypto, especially from a series of lectures he…
Bank of Thailand Launches Digital Currency Pilot Project
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country. 2624 Total views 73 Total shares The Bank of Thailand announced that it plans to develop a prototype to test real-life business use cases of its central bank digital currency (CBDC).The bank…
Bitcoin Price Stable as COVID-19 Pandemic Drops Stocks to 2017 Levels
Yesterday was another abysmal day for the S&P 500 and Dow as both markets dropped 5.18% and 6.30%, nearly erasing the entirety of the gains each market accrued since Donald Trump took office on January, 19, 2017. To date, the unrelenting downturn in equities markets continues even as the Trump Administration attempts to calm the public…
‘DeFi was vaporware from its onset’ says known crypto bear Roubini
He's been dismissive of all things crypto for years, but does he have a point this time? Known for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector."DeFi was vaporware from its onset," he said in a Sept. 24 tweet. "Now totally faltering as blockchain…
DeFi needs more fixed-rate lending protocols: Messari researcher
Researcher argues that fixed rate lending and borrowing would bring DeFi closer to traditional finance DeFi lending protocols have attracted billions of dollars in liquidity provision by offering huge returns, however the sector badly needs more fixed rate lending options according to one researcher.A number of protocols, including Yield Protocol, UMA Protocol, and Mainframe are…
Coinbase Custody Extends Crypto Staking to Global Investors
The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service as of Nov. 21.In rolling out its staking services to a global investor base, Coinbase Custody appears to be leveraging its brand recognition to promote staking as a key emergent investment strategy for the…
Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys
Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17.The company’s product, smartphone wallet app ZenGo — currently in beta phase testing — aims to simplify custodial wallet usage for entry-level cryptocurrency users.Using a combination of split key storage and…
Binance Smart Chain surpasses 1.5 billion lifetime transactions
The world's third-largest cryptocurrency continues to gain traction across the globe. 546 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after…