Union Investment – the investment arm of the DZ bank group – takes another small step towards offering crypto investment services to private investors. They will make Bitcoin a small percentage of some of their funds. Union Invest’s Experimentation With Crypto As reported to Bloomberg news, portfolio manager David Barthe said that the company was...Read More
Due to concerns that the Cardano blockchain might be unable to accommodate a significant number of smart contract transactions, the price of the ADA token has dropped by 8.5 percent to $ 2.58. The token’s market valuation has dropped to $ 86.4 billion. Amidst bearish sentiment in the market analyst Jason Pizzano has made a...Read More
[Press Release – Panama City, Panama, 7th September, 2021] deBridge, a cross-chain interoperability and liquidity transfer protocol, is delighted to announce the closing of a $5.5 million funding round to bring the new era of cross-chain interoperability. deBridge is thankful to have the support and backing from great partners including lead strategic partner ParaFi. The...Read More
[PRESS RELEASE – Please Read Disclaimer] DeFi hub Wault Finance has successfully launched its native stablecoin WUSD. WUSD is pegged to the dollar and is the first commerce-backed stablecoin in the crypto industry. WUSD is designed based on the latest stablecoin models and backed by several crypto assets including USDT and WEX token at a...Read More
[PRESS RELEASE – Please Read Disclaimer] Madrid, September 6, 2021 — Bit2Me has closed the first phase of its ICO (Initial Coin Offering) in just 59 seconds, raising a figure of 5 million euros. This is the fastest token issue ever launched in Spain. The second phase will start on September 13 and the third...Read More
As the global adoption of cryptocurrencies continues to soar, a new bill has been submitted in the Republic of Panama to recognize Bitcoin (BTC) and other digital currencies as alternative payment methods. Panama Proposes Crypto Bill Panamanian pro-crypto congressman Gabriel Silva noted on Twitter that the new bill would enable the freedom to use cryptocurrencies...Read More
Cardano smart contracts were recently launched over the testnet but failed to meet the expectations. Following backlash on the updates, Charles Hoskinson stepped down to clarify the importance of the Plutus smart contracts. Plutus being built on the Haskell programming language received backlash from netizens around. Yet the upgrade aims to reform the DeFi Space...Read More
In recent weeks, Cardano price has skyrocketed in the market, with a 106 percent increase in the last 30 days. The ADA price achieved a fresh all-time high of $3.09 on September 2. Over the past 2 days, there has been a lot of speculation on social media about Cardano’s ledger method, notably “concurrency.” Misinformation...Read More