YieldNest launches new liquid restaking token

Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since 2011. Like Twitter, it began…

Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon.

Iran President Hassan Rouhani wants to protect national interests regarding crypto. 156 Total views 1 Total shares Iran is looking for ways to introduce a legal framework for cryptocurrencies while Bitcoin (BTC) mining remains under embargo in the country. During the Cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to…

Bermuda continues to welcome fresh wave of crypto exchanges on the island. Crypto exchange Bittrex Global received the green light from Bermuda’s financial watchdog to run its operations under the supervision of local authorities.According to the official announcement, the company got a full “Class F Digital Assets Business Act” license from the Bermuda Monetary Authority,…

Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023. 681 Total views 27 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin's price over much of…

Cryptocurrency payment app Metal has launched as a full version in what creators say will dominate the market over Facebook’s Libra.In a social media post Aug. 19, Erik Finman, who co-founded Metal together with former QuickCoin co-founder, Marshall Hayner, confirmed users could now send and receive a range of cryptocurrencies. ‘Libra killer’ will challenge Facebook with…

The Australian Securities Exchange (ASX) has announced that it will delay its transition to  use blockchain for equity transactions by six months, the Sydney Morning Herald reports September 4.As Cointelegraph has previously reported, the ASX has been working to implement blockchain as of December 2017 to replace its current system for processing equity transactions.According to…

David Marcus, head of Facebook’s crypto wallet Calibra, stressed Facebook’s intent to be compliant with the United States Financial Crimes Enforcement Network (FinCEN) in distributing the Libra stablecoin. As a Cointelegraph correspondent reports on July 16, Marcus delivered his comments at the ongoing hearing on Facebook’s Libra with the Banking Committee of the U.S. Senate.Addressing…

For the past several years, the trade war between China and the U.S. has been at the center of international relations, with technology playing an outsized role.Within crypto, advancing interest in central bank digital currencies has become part of that narrative of geopolitical competition. Many have framed the development of CBDCs in China and the…