Only recently, the Cardano cryptocurrency has blasted into the top 3 by capitalization (it has since rolled back into 4th place, however). This is an incredible success for historically not the most popular crypto that doesn’t even use smart contracts. The ADA price has risen 49% over the past seven days. Thanks to this, Cardano…

Circle, an issuer of the world’s second-largest stablecoin USDC, has announced plans to be 100% backed by cash and short-term U.S. Treasuries by September. The company’s most recent attestation showed USDC’s $22 billion supply was backed by only 61% cash and cash equivalents. “Mindful of community sentiment, our commitment to trust and transparency, and an…

One of the world’s largest card payment organizations, Visa, has purchased an NFT for over $150,000, signaling that NFTs are here to stay. Visa said Monday it bought a “CryptoPunk,” one of the thousands of NFT-based digital avatars, for nearly $150,000 in Ether. “We think NFTs will play an important role in the future of…

Yes, some criminals use Bitcoin, but the innovation behind this technology improves the financial system, writes Brad Yasar for Сointelegraph. Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to…

The first Bitcoin fund in the Middle East was launched in Dubai this summer, when Canada’s largest digital asset investment fund, 3iQ, placed its public ETF in the largest Middle Eastern financial market. Investors can now transfer shares from the Toronto Stock Exchange to Nasdaq Dubai and vice versa, as well as buy them directly…

PayPal announced the launch of crypto services through its platform to its millions of users in the UK as the country becomes just the second country after the US that PayPal has decided to launch the crypto services in. The US online payments giant said Monday it would let British customers buy, hold and sell…

Jordan Peterson, a popular Canadian psychologist, Professor, writer, and public intellectual, released a podcast on Youtube, sharing his thoughts regarding the value of Bitcoin, which is “preferable to gold.” The episode titled “Bitcoin: The Future of Money?” containing an in-depth technical, philosophical, and economic conversation between Dr. Peterson and well-known bitcoiners John Vallis, Richard James,…

Bitcoin has gone up fast and strong – it looks like the “crypto winter” is not coming. Let’s try to figure out what is going on and what to expect. Bitcoin last hit the $ 50K mark exactly three months ago, on May 15th. And now it is getting back up there again. The first…

A statistician and investor, Zhiyuan Sun, explains the pros and cons of this innovative digital coin. Ripple (XRP) has returned a respectable 12,758.41% to investors since its inception in 2012, turning a $10,000 principal into $1,265,841 within nine years. That’s pretty much, noted Zhiyuan Sun, but only decent relative to the crypto world. For example,…

World’s biggest cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) and anti-money-laundering (AML) policy. Binance will limit services for existing users unless they adhere to the new requirements. As the crypto exchange claims, it requires all its users through intermediate verification to further…