Category: Blockchain

Composable Finance, a robust cross-chain and cross-layer infrastructure with intuitive tools for developers, which prides itself as the face of DeFi, has won the 8th slot in the 7th Polkadot Parachain auctions. With over nine thousand crowd-loan participant contributions which amounted to 6,075,485 DOT valued at over $163 million, Composable Finance joined the elite class

Japan-based digital currency trading and exchange outfit DeCurrent Holdings has decided to sell its crypto unit to Hong Kong-based Amber Group. As reported by Nikkei, the deal is expected to be completed by February and while the monetary terms remain undisclosed, it is expected to be worth millions of dollars. DeCurrent split its business into

Christopher Giancarlo, the former Chairman of Commodity Futures Trading Commission (CFTC) has joined blockchain-focused investment firm CoinFund as a strategic advisor. Billed to advise the firm on matters relating to policy, Giancarlo will bring years of experience serving as a major figure in the United States regulatory landscape. “It is a distinct honour to work with Chris

Despite the strict stance of Russian market watchdogs over the digital currency ecosystem, TCS Group, the parent company of private Russian bank Tinkoff has made a majority acquisition in Aximetria, a startup that offers users an opportunity to invest in cryptocurrencies. Founded in 2018 by Alexey Axelrod, Aximetria ranks as one of the first sets

U.S.-based music blockchain NFT platform LÜM has announced 25 partnerships with world-renowned musicians to launch the “Access Pass” NFT. These musicians can build their own communities and launch their own access passes on this platform for crowdfunding projects such as releasing new albums. Founded in: 2018, LÜM will introduce blockchain technology and NFTs to an

The crypto community has been waiting with bated breath for the rollout of Ethereum 2.0 because it will transition the current proof of work (PoW) consensus mechanism to a proof of stake (PoS) framework. As this is yet to happen, though it is speculated to occur in the second quarter of this year, more investments

Speaking on CNBC Capital Connection Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.   Fang acknowledged that time was of the essence in Bitcoin’s journey towards $100K. She pointed out: “I still believe that the $100,000 price point is

Major Thai companies are heavily investing money into Bitcoin as the number of people estimated to own cryptocurrency in the Southeast Asian nation surged over 400% in 2021 from the year before to 3.6 million, Nikkei Asia reported. Although Thailand’s central bank has warned over the risk and volatility of cryptocurrencies, shops and other places

Coinbase is launching a cryptocurrency derivatives service for its clients, announcing the acquisition of derivatives exchange FairX. The acquisition will lay the foundation for Coinbase to open up the cryptocurrency derivatives market. By integrating with FairX’s existing partner ecosystem and infrastructure, Coinbase will be the first platform to offer future products to its U.S. traders.

The new year brings with it new expectations for all market investors, including those in the digital currency ecosystem. Suppose expert opinions are to serve as a basis for reckoning. In that case, Bitcoin bulls are to gear up for an eventful year as Guido Buehler, the Chief Executive Officer of crypto-focused Swiss-based SEBA Bank,