RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning […]
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With Ether breaking through the $200 mark yesterday, a bullish $1 billion in value is now locked in the DeFi markets. With Ether (ETH) breaking through the $200 mark yesterday, $1 billion in value is now locked in the DeFi markets. Total value locked in DeFi markets, Feb. 7. Source: defipulse.com As of Feb. 7, […]
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Twitter and Square make major gains following revenue reports, while Jack Dorsey-sponsored Lightning Labs sees $10 million funding. Perhaps the two most prominent supporters of Bitcoin’s (BTC) Lightning Network have seen their share prices rocket this week as the technology gains fresh recognition. Data covering the share prices of Twitter and sister company Square, the […]
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The Australian government is going to release its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. The Australian government is going to launch its national blockchain strategy on Friday, Feb. 7, following a nearly year-long preparation. It has been almost a year since the country’s Ministry for Industry, Science and Technology […]
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Tron founder and CEO Justin Sun has finally had a charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett after a series of delays last year. Tron founder and CEO Justin Sun has finally had his charity lunch with Berkshire Hathaway chairman and famous billionaire Warren Buffett after a series of delays last year. […]
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The Ugandan government is reported to be making moves in banning pyramid schemes, which may put additional restriction for cryptocurrency usage and reporting. Ugandan legislators are exploring the role of cryptocurrencies in connection with pyramid scheme frauds that are often found in the country, local newspaper PML Daily reported on Feb. 4. While legislators are […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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A Chinese tech company is building a blockchain charity platform for fighting against the coronavirus outbreak. Hyperchain’s Feb. 4 press release announced the launch of its blockchain-based platform to fight against the coronavirus epidemic. It will serve as a medical supply donations portal to support hospitals in central China. The recent outbreak of coronavirus has […]
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In an interview with Yahoo! Finance, Lee suggested that technical achievements for BTC/USD paved the way for serious short-term gains. Bitcoin (BTC) is primed for average gains of almost 200% over the next six months, one of its best-known supporters has told mainstream media. Speaking to Yahoo! Finance on Feb. 4, Tom Lee, co-founder at […]
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The aircraft maintenance, repair and overhaul industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties. The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties. Verdict magazine […]
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