Will Bitcoin be less relevant post the Ethereum Merge? As the long-awaited Ethereum Merge draws closer, one of the most interesting facts about 2022’s bear market is that ethereum (ETH) has outperformed bitcoin (BTC) along pretty much every timeframe. As of writing, ETH has risen more in the past 24 hours (6% vs 1%), in […]
Will Bitcoin Really Go Into Terminal Decline After Ethereum Merge? Read More »
Circle CEO Jeremy Allaire said Binance’s decision to convert its users’ USD Coin (USDC) holdings to its Binance USD (BUSD)stablecoin is good. According to Allaire, the move would further increase USDC’s utility and “lead to a gradual net share shift from USDT to BUSD and USDC.” Allaire continued that FTX and Coinbase already use the Converged
Circle CEO says Binance decision to stop USDC support is good as it increases utility Read More »
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys. OPINION Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise
CBDCs require governments to put a special focus on security Read More »
Summary: Decentralized finance protocol Aave paused loans for Ether (ETH). Aave’s community voted in favor of the decision in light of Ethereum’s upcoming Proof-of-Stake upgrade. The protocol has recorded higher loan utilization rates leading up to the Merge. Aave’s decision came shortly before Bellatrix, the first of two stages before Ethereum’s final PoS transition, went
Aave Halts ETH Loans As Ethereum Bellatrix Merge Upgrade Goes Lives Read More »
The U.S Federal agency’s approach to the DeFi market has raised several concerns over the future of the industry: Experts weigh in on what’s the right approach. Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In
DeFi Regulations: Where US regulators should draw the line Read More »
Play-to-earn (P2E) games like Axie Infinity have been in something of a slump recently with players getting tired of long grinds and repetitive earning mechanics. However, that’s not to say P2E gaming is dead, the focus simply needs to shift toward gameplay. The Issue with P2E Gaming Play-to-earn gaming has become incredibly popular over the
Battle Infinity Fantasy Sports P2E Platform Has Found the Sweet Spot Read More »
QUICK TAKE Crypto investment platform Bitpanda has launched the ability for users to trade commodities such as oil, natural gas, aluminum and wheat. This follows previous product additions such as its July addition of thematic crypto indices and the launch of its exchange-traded note last year which tracks the price of bitcoin. Crypto investment platform
Crypto investment app Bitpanda adds commodities trading Read More »
Ethereum Classic has pumped 26% in the last 24hrs as miners continue to make the switch from Ethereum ahead of The Merge. With Ethereum (ETH) switching from a Proof-of-Work to a Proof-of-Stake (PoS) consensus – scheduled for September 19 – there has been a marked increase in the network hashrate for Ethereum Classic (ETC), which will not
Ethereum Classic Pumps 26% as Miners Make Switch ahead of ETH Merge Read More »
Prices of Bitcoin, Ethereum, Cardano, XRP and Solana rose on Tuesday afternoon in Asia. Fast facts Bitcoin rose 0.77% in the past 24 hours as of 4 p.m. in Hong Kong to US$19,906.86. Ethereum saw bigger gains today after it maintained a steady 4.47% growth over the past seven days, rising 6.12% to US$1,658.68, according
Markets: Bitcoin, Ether, Solana, Cardano, XRP extend gains on the day Read More »
Singapore’s largest bank, DBS, aims to expand its cryptocurrency and digital assets offerings to 300,000 new clients in the face of the crypto bear market, according to a Financial Times report on Tuesday. Fast facts In an interview, DBS CEO Piyush Gupta said recent losses incurred by retail investors in the crypto market crash highlight
Singapore’s DBS commits to crypto offerings despite slump: report Read More »
