The world’s largest crypto exchange announced Monday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29. According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is...Continue Reading

Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the firm announced on Tuesday. It raised $25 million in a funding round led by London-based...Continue Reading

The U.S Federal agency’s approach to the DeFi market has raised several concerns over the future of the industry: Experts weigh in on what’s the right approach. Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space.  In...Continue Reading

The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs. Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions. Hut 8 released its latest mining report...Continue Reading

Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys. Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital...Continue Reading

Almost 50% of the 91,130 votes answered that the fair price for 100 years of owning a five-letter .eth domain is under $100. As Ethereum Name Service (ENS) domains became more popular, the conversation has steered toward .eth domain pricing and what is considered to be a “fair” price to guarantee ownership for 100 years. ...Continue Reading

The Bellatrix hard-fork is the final update on the Beacon chain that will prepare it for the Merge, and if node operators are not updated to the latest client, they risk syncing to the pre-fork chain. Ethereum co-founder Vitalik Buterin is reminding node operators to upgrade their clients before the Bellatrix “hard fork,” slated for...Continue Reading

Reddit’s launch of limited edition NFT avatars has led to a large premium on secondary sales on OpenSea. Sales of recently launched Reddit blockchain-based avatars are rising on nonfungible token (NFT) marketplace OpenSea, outperforming the platform’s proprietary store. Reddit, the “front page” of the internet, plugged into the burgeoning world of NFTs with the announcement...Continue Reading

The National Unity Government is considering using the country’s frozen reserves as a backing for the digital currency. Half a year after the military junta in Myanmar revealed its plans to launch a digital currency, the country’s government, ousted in a coup in 2021, voices its own intention to launch one using frozen national funds. ...Continue Reading

Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the firm announced on Tuesday. It raised $25 million in a funding round led by London-based...Continue Reading