Blockchain
ADALend: Major Developments on the Horizon
ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen This will be accomplished through the development of a
Blockchain
Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement
Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are]
Blockchain
Ark Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Transform Monetary History
Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030 “Our research suggests that bitcoin has the potential to transform
Blockchain
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted “Over the
Blockchain
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
Ethereum’s average network fees have dropped to the lowest value in 30 days at 00096 ether or $2464 per transaction Median-sized ethereum fees are lower today as well, as fees are between $837
Blockchain
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations Prohibition could bring the opposite
Blockchain
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today The top ten stablecoins by market capitalization represent the largest
Blockchain
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 3266% of the $18 trillion crypto economy Meanwhile, the total-value locked (TVL) in
Blockchain
Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $129 million at the time of settlement Bieber has a significant collection
Blockchain
Position Exchange: Crypto Bonds Powered by Smart Contracts
PRESS RELEASE Position Exchange is pleased to announce the release of its Bonds feature Dive deeper into this game changing DeFi product What is a Bond A bond is a fixed-income instrument that
Blockchain
IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits
Blockchain
Russian Investors to Pass Exams Before Buying Cryptocurrencies, Draft Law Suggests
A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit The authors are also hoping to regulate cryptocurrency