The largest US banks are pleading with regulators for a way to work with cryptoassets. It has sparked a debate on what the boundaries for the new asset class should be. In the meantime, one American bank has already taken a risk and started working with crypto. On September 21, an advocacy group Financial Services…
As legislation threatens to allow centralization to creep into the DeFi space, regulation could have complex effects on the adoption – reveals Anupam Varshney’s study on Cointelegraph. Decentralized finance (DeFi) is shaping up to be one of the most important sectors within the blockchain industry. In just the last two years, DeFi’s total value locked…
It seems that the crypto community has taken a big step towards one critical realization: Trading on a cryptocurrency exchange in hopes of getting rich only benefits the exchange itself. In the news feeds I’ve read recently, it appears that everyone, without exception, has had a take on a story of the hamster that traded…
According to a study by the National Bureau of Economic Research (NBER), the top 10,000 individual investors in Bitcoin control about one-third of the cryptocurrency in circulation. Despite the growing popularity of Bitcoin, its ownership is still concentrated in just a few hands, the Time reported. Usually, it is difficult to determine the concentration of…
China once again banned almost everything cryptocurrency-related in the country. It is the state’s second attack on the crypto community this year, and it looks even more serious than the spring one. We tried to figure out what it was all about. There is a famous saying in former Soviet countries – “the last Chinese…
Gulf Crypto Insight exclusive SubQuery Network is a data indexing protocol (decentralized data aggregator) for the Polkadot and Kusama ecosystems. The main mission of SubQuery is to expand access to data from the Polkadot and Kusama blockchains by creating new markets for indexing and data provisioning. SubQuery is a Data-as-a-Service provider that collects and organizes…