China is using the Olympic Games they’re hosting to bring its CBDC, the digital yuan, to a qualitatively new level. The methods of achieving this goal are consistently impressive, although far from always pleasant. Just ahead of the 2022 Winter Olympics in Beijing, the People’s Bank of China (the country’s central bank) confirmed that it…

Valkyrie Funds announced the launch of the Valkyrie Bitcoin Miners ETF, the exchange-traded fund focused on Bitcoin mining operators. ETF will focus on firms that employ at least 77% renewable energy. The Valkyrie Bitcoin Miners ETF (WGMI) began trading on February 8 on the Nasdaq. It invests in publicly traded miners using renewable energy as…

According to a Monday announcement, the Canadian branch of accounting giant KPMG allocates Bitcoin and Ether to its corporate treasury. The firm’s executives “expect to see a lot of growth” in DeFi, NFT, and metaverse areas in the years to come. “Cryptoassets are a maturing asset class,” stated Benjie Thomas, the firm’s Canadian managing partner…

What is yield farming and how to make money in decentralized finance (DeFi) – a comprehensive guide on yield farming, posted by Jagjit Singh on Cointelegraph. What is yield farming? Yield farming is a method of allowing crypto investors to lock up their assets in exchange for rewards. At its most basic level, yield farming…

New tokens that can be traded on BitOasis include Cardano, Solana, Polkadot and Cosmos. Seven other tokens including Terra, Shiba Inu, Avalanche and Polygon to follow in February Solidifies its position in MENA as market leader with 35+ tokens listed – nearly 3 times the number of crypto-assets as other regional platforms Move aims to…

Polygon, a decentralized Ethereum scaling platform, has raised $450 million in a private token sale led by Sequoia India. The funding will be used to build Web3 decentralized applications or dApps, including Polygon PoS, Polygon Edge, and Polygon Avail. This is Polygon’s first major financing round since the project began in 2017. According to Bloomberg,…