Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Elon Musk has consistently compared China to the United States ever since his company set up shop there. He believes China could someday flip the technological development of the US.
Citibank is looking to expand its digital footprint in the region and said that it will employ 1000 coders over the next decade.
In addition to the broader industrial ecosystem, the Chinese energy regulations also have a significant impact on digital currencies.
The new funding will help Cardano expand its footprint in the rapidly emerging DeFi and NFT market. The funding comes just at a time when Cardano implemented the smart contract functionality through Alonzo hardfork.
On Friday, the Chinese Central Bank declared cryptocurrency activities illegal in the country and vowed to crack down on all cryptocurrency activities within its boundaries yet again.
These changes have been associated with speculations over another crackdown on the Chinese crypto market by the government authorities.
Tesla sparks excitement with the release of its FSD Beta software but only for drivers with good “safety score”. However, regulators aren’t quite satisfied with Tesla’s approach.
Pfizer stock has gained approximately 28%, 19%, and 12% in the past year, YTD, and three months respectively through last Friday.
The large adoption of the Chivo wallet by the people of El Salvador is partially thanks to the $30 worth of Bitcoin that the government airdropped to every account holder.
The Worthpad ecosystem is building out its platform to serve as a one-stop shop for all things DeFi.
Salesforce stock has gained approximately 14%, and 24% in the past year and YTD respectively through Thursday.
Apart from the ban on mining, China has extended its crackdown to cover all information and financial services related to crypto.
While the centralized exchanges are the very first point of entry for new users who want to gain exposure to the digital currency space, the Bitfinex Layer-2 bridge will help enhance the usability and growth of DeFi through its simple-to-use platform.
Besides digital currencies that are currency plunging in today’s trading sessions, cryptocurrency-related stocks are also taking the heat.
Soon after Twitter’s announcement of adding the Bitcoin tipping feature to its platform, both Bitcoin and TWTR stock made sound gains on Thursday.