DeFi gets a bad rap for being complex, technology makes it simple enough to cut out middlemen in non-finance industries ranging from energy to e-commerce. Decentralized finance is far and away the hottest topic in crypto, touted as a way to make a fortune by backing the right token, but also a tool for taking…

Another surge in the value of BTC and the corresponding rise in interest, predictably entailed more than the next cryptocurrency boom. On top of that, the state bodies of different countries have become more active with their unending desire to regulate everything in sight. The official recognition of bitcoin as a legal tender was a…

Legendary billionaire investor Mark Cuban said on Sunday that the U.S. government and regulators should start getting behind crypto innovations, like decentralized finance (DeFi). In other ways, the U.S. will “lose the next great growth engine that this country needs.” Cuban outlined his mind in the blog post named “The Brilliance of Yield Farming, Liquidity…

Porsche, the world-known luxury sports car manufacturer, wants to join the digital economy, to remain innovative. Now it’s eyeing NFTs, the latest investor fashion. Startup Fanzone has been launched to issue collectible non-fungible tokens (NFTs). Porsche’s digital subsidiary spun off a new minority-owned company, called Fanzone, issuing non-fungible tokens (NFTs) to collect and trade. While…

Nvidia CEO Jensen Huang said he “believes we’re right on the cusp of” the Metaverse and spoke glowingly of its potential, predicting that users will one day use metaverses to “simulate the future,” while Nvidia’s new Voyager campus shows what it will look like when the Metaverse meets the real world. One of the most…

In ten years, quantum computers could be able to break into cell phones, emails, bank accounts, and Bitcoin wallets. Cryptography engineers are working on a new standard for quantum-safe encryption for the future. Hundred years ago, the quantum revolution in physics ushered the start of new science, which has made possible modern technological advances, such…

The U.S. is starting a national conversation about a central bank digital currency, while more than 60 central banks have been looking into CBDCs since 2014. Several countries worldwide have experimented with digital currencies or already released early versions of CBDCs. Such a turn could make banking and monetary policy more efficient and help the…

Bitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…

On Friday, the Thai Securities and Exchange Commission (SEC) announced the new rules for cryptocurrency exchanges in the country. It forbid the trading of certain types of cryptocurrencies, such as meme coins, fan coins, and NFTs (non-fungible tokens). As stated Secretary-General Ruenvadee Suwanmongkol, the board of directors of the Thai Securities and Exchange Commission (SEC)…

Russell Okung, an NFL star and Nigerian descendant, sent an open letter to the Nigerian government to pursue a Bitcoin standard. After mentioning Nigerian economic problems and challenges of the global economy, he urged to hurry up to seize the opportunity window regarding cryptocurrency technologies. NFL star argued to follow El Salvador’s example and to…