Hemi has launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space by securing over $440 million in total value locked (TVL) and partnering with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, […]
Stablecoin adoption in Latin America is increasing as more users turn to Circle’s USDC and Tether’s USDT for financial stability, according to a new report from cryptocurrency exchange Bitso. The USDC (USDC) and USDt (USDT) stablecoins have become a “store of value” in Latin America, accounting for 39% of total purchases on Bitso in 2024, […]
Bitcoin’s price was up 3% after constant drawdowns since the end of January. The top cryptocurrency managed to rebound above $80,000 after a brief decline below the range on March 11. Bitcoin weekly chart. Source: Cointelegraph/TradingView After the US core Consumer Price Index (CPI) came in lower than expected at 3.1% on March 12, Bitcoin’s […]
The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox. Central Bank of Russia Opens up to Crypto With Sandbox Regime Russia is on the verge of opening to […]
Bybit CEO Ben Zhou commented on a recent $4 million loss suffered by decentralized exchange (DEX) Hyperliquid due to an Ether whale’s high-leverage trade, noting that centralized exchanges (CEXs) face similar challenges. On March 12, a crypto investor walked away with $1.8 million and forced the Hyperliquidity Pool (HLP) to bear a $4 million loss […]
European consumers have shown minimal interest in adopting a central bank digital currency (CBDC), raising concerns for the European Central Bank (ECB) as it prepares for a potential rollout of the digital euro. An ECB working paper on “Consumer attitudes towards a central bank digital currency,” which surveyed about 19,000 respondents across 11 euro-area countries, […]
European consumers have shown minimal interest in adopting a central bank digital currency (CBDC), raising concerns for the European Central Bank (ECB) as it prepares for a potential rollout of the digital euro. An ECB working paper on “Consumer attitudes towards a central bank digital currency,” which surveyed about 19,000 respondents across 11 euro-area countries, […]
OKX has announced the acquisition of a Markets in Financial Instruments Directive (MiFID II) license, marking a significant milestone in its growth strategy in Europe. This license, pending regulatory approval, will enable the exchange to launch derivative products and services tailored for institutional clients across the region. The announcement was made during an event in […]
Key takeaways Buying Bitcoin with a credit card offers nearly instant transactions and convenience, but it costs you higher fees and potential blocked transactions from card providers. Centralized exchanges like Coinbase and Kraken are the easiest reputable platforms on which to buy Bitcoin with credit cards. To protect yourself during transactions, only use trusted exchanges […]
Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and a reduction in its dollar-denominated foreign reserves. Bolivia Builds Crypto System to Pay for Fuel Imports Crypto is becoming relevant for the operation of the supply chain in several countries […]
Austin King sold his startup to Ripple in 2019 and claims his technological approach called “intents” will revolutionize crypto, but the details he provides are scant. ‘Intents’ Could Be Ripple’s Game-Changer, Says Ex-Employee Crypto entrepreneur and former Ripple software engineer Austin King published a curious post on Tuesday, claiming that Ripple is building a platform […]
Bitcoin must close the week above $89,000 to signal an end to the short-term downtrend, says a crypto analyst. “The only way for Bitcoin to confirm that the bottom is actually in would be to close a weekly back above $89K,” crypto analyst Matthew Hyland said in a video posted to X on March 13. […]
