Cryptocurrency lending platform Celsius Network has topped $300 million in coin deposits in 12 months and over $2 billion in loans. Cryptocurrency lending and borrowing platform Celsius Network has topped $300 million in coin deposits in the course of 12 months and completed over $2 billion in coin loan origination, according to a press release […]
Continue Reading
Facebook’s Libra stands to be the largest DApp network to date, with over 2.4 billion active users — but will the dream be realized? The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the […]
Continue Reading
Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]
Continue Reading
The statement prepared for today’s U.S. Senate’s crypto hearing by international lawyer Mehrsa Baradaran suggests that cryptos are not the solution. In a prepared statement for today’s United States Senate’s crypto hearing by international lawyer Mehrsa Baradaran, suggests that cryptos are not the solution for financial inclusion and equity in banking. Policy, not technology is […]
Continue Reading
A number of successful crypto traders share their insights on how they ply their trade within the cutthroat industry… Since Bitcoin (BTC) came into the world back in 2009, the digital asset industry as a whole has grown quite exponentially — with the market reaching its apex on the break of 2017-2018. Additionally, in the […]
Continue Reading
The Iranian government has authorized domestic cryptocurrency mining as an industrial activity. The Iranian government has authorized cryptocurrency mining as an industrial activity. A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. First step towards […]
Continue Reading
Despite a bearish short-term outlook for Bitcoin price, next year’s halving event is one of the main factors for why some market analysts say $20,000 is in play. As Bitcoin dropped an additional 8% on Saturday, naysayers claim the rally to a new all-time high is over. So what is it that’s keeping market analysts […]
Continue Reading
Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
Continue Reading
Speaking to Italian journalists, Ren Zhengfei said Beijing should not wait for others to issue Libra-style tokens. The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency. Huawei CEO: ‘Why wait for others to issue it?’ As national news outlet Sina reported […]
Continue Reading
Facebook isn’t avoiding the U.S. to skimp on compliance, but because Switzerland is better for crypto. Among all the issues cropping up in Facebook’s recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus […]
Continue Reading