Why Bitcoin may be boosted by a European Central Bank rate cut

A CoinGecko survey has found that the majority of yield farmers do not understand the smart contracts underpinning the DeFi protocols they use. The majority of yield farmers do not understand how to read the potentially risky smart contracts that underpin the decentralized finance (DeFi) ecosystem — but that hasn’t stopped them making huge profits.Crypto…

Liquidators of hacked New Zealand cryptocurrency exchange Cryptopia have recovered almost $11 million in the past six months, but say the process remains difficult.In its second report into its operations at Cryptopia, Grant Thornton confirmed that receipts from May to November totaled around 10.9 million New Zealand dollars ($7.18 million). Funds trickle back from oblivionExpenses, including…

BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.

Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC).Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its loosely coupled…

A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s metadata dates it July 12.The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services…

Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in the country.  Announced today, July 3, the institute’s new partner is Zhongshang Beidon; a state-level enterprise for supply chain innovation that ultimately falls under the oversight…

London-based crypto payment processor Wirex has revealed that it now has over 3 million active users, highlighting the popularity of its crypto-supporting visa card among customers.Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) which allows crypto users to spend their crypto and fiat currencies using a dedicated Visa card and mobile…

Bitcoin (BTC) enters the last week of March in uncertain territory as a strong weekly close still keeps $30,000 out of reach.The largest cryptocurrency has sealed seven days of practically flat performance despite some volatility in between as the market seeks fresh direction. Where could it go next?In what was a week of more surprises…

JPMorgan applies blockchain to interbank dollar transactions in India amid growing signs of global de-dollarization. 472 Total views 8 Total shares Global financial services company JPMorgan continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of traditional finance.The banking giant has partnered with six major Indian banks to introduce a blockchain-based…