680
Views
0 CommentsUS President Joe Biden is ready to sign a long-awaited executive order related to cryptocurrency regulations this week, said Bloomberg citing anonymous sources. The order will allow federal agencies to study the impact of crypto on the economy. According to the Bloomberg report, “The order will direct federal agencies to examine potential regulatory changes, as…
The Avalanche Foundation has launched a $290 million incentive program called Multiverse to promote its new “Subnet” functionality. The Subnets’ intended utility is to encourage the development of a vibrant ecosystem of “scalable app-specific blockchains.” The foundation wants Web3 builders to develop subnetworks using its technology. The Avalanche Foundation has established a $290 million fund…
What is KYC Bitcoin, and what steps can users concerned with privacy take to address the issues presented by KYC Bitcoin? – Anthony Feliciano expressed his opinion in a guest post on Bitcoin Magazine. If you have spent time going down the rabbit hole of Bitcoin or bought Bitcoin from an exchange, then you have…
Terra, the fast-growing DeFi tool kit built on Cosmos, is now officially the second-largest ecosystem in decentralized finance after the latest rise in the price of LUNA, Terra’s native token. According to DeFi Llama, Terra currently boasts total value locked (TVL) of over $23 billion, marking an all-time high in US dollar terms. This is…
Prominent developer Andre Cronje has quit the DeFi sector, according to an announcement today by his colleague Anton Nell, a senior solutions architect at the Fantom Foundation, who’s joining him in that decision without citing a reason. The price of YFI and other tokens where Cronje was involved plunged after reports of him leaving the…
We seem to have forgotten that cryptocurrencies were created and put into the public spotlight by the same people who had achieved such incredible progress in the IT industry. That is to say, crypto is really the product of IT, not the financial world – a point that many cryptocurrency market forecasters miss. 2022 met…
