Why a securities specific blockchain is needed, explained
Security tokens deployed on a purpose-built blockchain may be the solution to financial institution adoption. How can a securities-specific blockchain accelerate adoption? A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. …
Wallet provider Ledger launches crypto debit card
The new crypto debit card supports several leading digital assets, including Bitcoin, Ether, XRP, Litecoin and USD Coin. Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their …
Bitcoin hash rate returns to all-time high levels
After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week. The global hash rate of the Bitcoin network has returned to …
Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip. Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a …
Australian government gives nod to 6 world-leading crypto reforms
“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said. The Australian government is seriously considering the rollout of a central bank …
Enso mounting ‘vampire attack’ on six crypto index projects
The Enso team hopes to capture over a billion dollars in total value locked (TVL) from the stunt, but users must remain staked for at least three weeks to see any benefit. Metaverse-based social trading platform Enso Finance has announced …
Iceland cuts power to new Bitcoin miners
Starting on Tuesday, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service. National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminum …
Bitcoin holds $50K as analyst says weekly timeframes confirm bull market remains intact
There’s no reason to discount the Bitcoin bull run yet, longer-term price data shows, but faith in an end-of-year rebound is thin. Bitcoin (BTC) retained $50,000 as support overnight into Dec. 8 amid confidence that the 2021 bull market was …
Eastern Caribbean CBDC expands to another two territories
Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC. The Eastern Caribbean Central Bank (ECCB) rolled out its digital payment system to The Commonwealth of Dominica and …
TerraUSD (UST) adoption backs LUNA’s ascension to a new all-time high
Cross-chain integrations and the growing popularity of Terra’s UST stablecoin are just a few of the factors behind LUNA’s recent rally to a new all-time high. Stablecoins are an integral part of the centralized crypto sector and the decentralized finance …