The Switzerland-based cryptocurrency banking platform, SEBA Bank, has announced the launch of its new digital token backed by physical gold. SEBA Launches Regulated Gold Token In an official announcement on Wednesday, the bank noted that holders of the gold tokens can claim digital ownership of the physical gold stored in Swiss vaults. SEBA disclosed that...Read More
As cryptocurrency markets rebound slightly today, we’re seeing many projects increase in price by over 20%. Out of all the cryptocurrencies on Crypto.com, Gods Unchained is today’s biggest gainer, rising over 26% in price over the past 24 hours. Let’s look at what Gods Unchained is and why the price is increasing so much. What...Read More
Automated portfolio manager and liquidity provider Balancer Labs announced the official launch of Boosted Pools in collaboration with the leading DeFi lending protocol, Aave. Boosted Pools to Increase LP Yields In a press release shared with CryptoPotato, Balancer noted that the new product is geared toward solving the issue of decreased capital efficiency with yields...Read More
Non-Fungible Tokens AKA, NFT’s have taken the world by storm. The digital art images, collectibles and memes, where people are purchasing them for huge amounts. Advertisement The NFT ecosystem has skyrocketed, with artists making huge profits. So which is the latest NFT project making waves in the market? Introducing – DeAngels, NFT project with clear...Read More
The internet is at the center of so many aspects of modern life, whether it’s through social media platforms or the sites that we record data on. While these platforms are essential, they can exist and thrive because of the people who use them. Social media platforms would not exist or be able to charge...Read More
The cryptocurrency space is no longer the wild west of the fintech industry where cypherpunks propel their ideas. While heavily relying on cryptography, the industry has become much more transparent and visible. Over the past few years, the market saw a considerable transition from a retail-oriented field to one that’s seeing massive institutional involvement. The...Read More
LEDN – a global Bitcoin lending platform based in Toronto – has announced a first-of-its-kind Bitcoin-backed mortgage product. This follows a $70 million Series B funding round which now puts the company’s valuation at $540 million. Mortgages Backed by Bitcoin As revealed by LEDN, this funding round was led by 10T Holdings and included new...Read More
The Bitcoin (BTC) market looks tepid as it heads towards the end of 2021. While CoinMarketCap’s early Christmas cheer turned out to be a glitch, the regulators wrestling to bring the $2.2 trillion market under government oversight has further delayed the chances of a potential relief rally. With only a fortnight left, Bitcoin predictions are...Read More
[PRESS RELEASE – Please Read Disclaimer] The young and promising Bohemian Bulldogs team burst onto the NFT market with their 10,000 NFT collection of the same name. Having grabbed the interest and attention of users with their brightly colored pictures of dressed-up bulldogs, they managed to hold a $1,000,000 sale. The team appreciates their NFT...Read More
The world’s leading crypto exchange – Binance – collaborated with a consortium led by MDI Ventures – a multi-stage venture capital firm backed by Telkom Indonesia. The duo’s mission is to expand the blockchain ecosystem in the Asian country by establishing a new digital asset exchange. Binance Builds Presence in Indonesia As reported last week,...Read More
What are Bitcoins? Bitcoins are a form of digital currency – a new form of currency 加密貨幣交易所 that is electronic and global. It allows people to send or receive money across the internet, everywhere, and anytime. Advertisement How does Bitcoins work? Bitcoins are traded from one personal “wallet” to another. A wallet is like a...Read More
The second-most populated country is reportedly considering postponing the implementation of cryptocurrency regulations. Before putting bitcoin and the alternative coins under its scope, the Indian authorities will first seek comments from the public, a senior government official opined. It Might Not Be This Winter At the end of November, the government of India revealed plans...Read More
Digital payments company Circle has announced the launch of its stablecoin USDC on Avalanche. The main objective behind the stablecoin’s deployment is to enable developers and communities to engage with eco-friendly platforms and accelerate decentralized finance (DeFi) adoption. USDC Now Available on Avalanche According to the official blog post, users will now be able to...Read More
Today, one of the top-performing cryptocurrencies is AVAX, with Avalanche price rising over 15% in the past 24 hours after adding USDC to its platform. In an announcement published today on Coindesk, Ava Labs President John Wu said: “Going forward, this partnership allows native USDC to be minted and printed right on Avalanche, which will...Read More
Massachusetts Senator Elizabeth Warren is leading the charge against crypto once again. In a video posted on Dec. 15, she said that stablecoins pose risks to consumers and the economy because they are “propping up one of the shadiest parts of the crypto world, DeFi, where consumers are least protected from getting scammed.” It is...Read More
The Bank of Thailand (BoT) plans to suggest comprehensive legislation on the digital asset industry in January next year. The rules will aim to reduce the risks to the financial network and provide greater protection for investors. ‘Cryptocurrencies Cannot Be a Means of Payment’ During a recent interview for The Bangkok Post, Sethaput Suthiwartnarueput –...Read More