Stablecoin projects need collaboration, not competition: Frax founder
Stablecoin projects need to take a more collaborative approach to grow each other’s liquidity and the ecosystem as a whole, says Sam Kazemian, the founder of Frax Finance. Speaking to…
NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions…
Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in…
Board urges Bank of Central African States to introduce common digital currency: Report
The Bank of Central African States, or Banque des États de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo, could…
Epic Games ‘definitely won’t’ follow Minecraft NFT ban
Epic Games founder and CEO Tim Sweeney says his firm “definitely won’t” follow Minecraft’s developers in banning non-fungible tokens (NFTs). As previously reported, Minecraft developers Mojang Studios banned NFT integrations…
Turkish crypto exchange joins COPA to fight against ‘patent trolls’
Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the…
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
“Easy come, easy go” was the story on July 20. The day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day…
Gemini receives virtual asset service provider license in Ireland
New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI). Earlier,…
Amazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on…
Liquidity protocol uses stablecoins to ensure zero impermanent loss
At a time when the decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central…