Several years ago, Belarus made noise worldwide as the first country to introduce all the basic concepts related to blockchain and cryptocurrencies into legislation. It also gave nearly free rein to the cryptocurrency business. However, in time, all the positive initiatives were completely destroyed by bureaucracy. In recent news: Belarusian Railway (BCh) has issued $…
DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier, writes George Harrap on Cointelegraph. Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over…
Breaking crypto news from the last week (28 Aug. – 3 Sept. 2021): 28 Aug.: Deloitte, one of the Big Four, surveyed financial leaders as part of its 2021 Global Blockchain Survey, with the results suggesting a transition to digital assets is inevitable. Cybersecurity, regulation, and privacy are seen as the biggest obstacles to the…
Bloomberg’s senior commodity strategist Mike McGlone argues that Bitcoin is gradually becoming a global reserve asset that complements the US dollar. According to a Bloomberg report, digital assets like Bitcoin and Ethereum are on the way to new highs. The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether (ETH) the “path…
The Federal Reserve has resorted to flooding the economy with dollars to curb inflation. According to Forbes, the M2 money supply in April 2021 was $20.11 trillion, representing a 30% increase since January 2020. Too many dollars in the system reduces the currency value. In addition, there is pent-up demand — more money going after…
While DOGE’s price is hovering near the USD 0.30 level at the start of September after rising 35% last month, the Dogecoin team has released its latest update for all users. According to Billy Markus, co-founder of Dogecoin, it’s most useful for miners to download the update because they are the ones who “put transactions…
14-year-old Ishaan Thakur and his sister, 9-year-old Aanya, have set up a lucrative mining operation. Starting with a single computer in a room desk, it is now an entire business that has a rented home and air-conditioned data center in Dallas, Texas. Monthly the two siblings earn over $30,000 mining Bitcoin and other cryptocurrencies. The…
The name DASH obviously indicates speed, but it also stands for “dark cash”. The idea for Dash is to make crypto an analog of cash money, both in terms of simplicity in use and anonymity. The plan, it must be said, is really quite ambitious, considering how other truly anonymous cryptocurrencies (e.g., Monero) mostly focus…
Cream Finance, decentralized finance (DeFi) project, will integrate its lending and borrowing services with Moonbeam, a smart contract platform on Polkadot. Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. On a Thursday, Moonbeam has announced Cream Finance would be integrating with its…
This week, a project PleasrDAO announced that a notable Doge NFT, sold in June 2021 for 1,696.9 Ether (a historic sale over $3.6 million at the moment of sale), will be fractionalized. Now, the NFT’s owner wants to share the ownership with others. At the same time, Cryptopunk #543 has already being fractionalized and sold…