Google, Bitcoin’s biggest trend indicator turns 23
Since the introduction of Bitcoin, Google has emerged as an effective barometer of the popularity of cryptocurrencies in general. As of Monday, Google , the major indicator used to gauge the popularity of Bitcoin (BTC) and other cryptocurrencies, had celebrated its 23rd birthday. The search engine, which was founded by Larry Page and Sergey Brin […]
Coti sets to launch a new DeFi stablecoin on the Cardano blockchain
Coti and Cardano are partnering to launch a DeFi stablecoin on the Cardano blockchain, the new stablecoin will provide a mechanism for decentralized finance (DeFi) activities while avoiding transaction costs. Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sunday at the Cardano Summit that Coti, Cardano’s payment gateway provider, will be the official […]
Acting OCC head cautions that ‘fools gold’ in DeFi reminds him of lead-up to Great Financial Crisis
Acting OCC Director Michael Hsu warned that some crypto and DeFi financial instruments were reminiscent of those that triggered the 2008 Global Financial Crisis (GFC). However, despite the fact that cryptocurrency has mostly avoided the ravages of hacking, scams, and collapses in the past, acting OCC chief Michael Hsu warns that the risks may be […]
Bitfinex debuts the first L2 bridge from CeFi to DeFi
It will be possible to conduct ERC-20 token transactions between centralized and decentralized exchanges using the bridge launched by Bitfinex. Investing in cryptocurrencies With the launch of its market-debut service, Bitfinex will be able to connect its centralized platform to the layer-2 decentralized trading platform and subsidiary DeversiFi. When used in conjunction with the permissionless […]
eToro donates $1M to GoodDollar universal basic income project
The number of crypto-focused nonprofits is increasing. Through the GoodDollar program, eToro is working to increase financial inclusion and financial knowledge around the world. eToro, a cryptocurrency trading platform , has donated $1 million to the GoodDollar universal basic income protocol, which will aid the nonprofit’s efforts to close the global wealth gap through the […]