IOEN’s plan is based around connecting devices that will connect all participants on the grid into virtual microgrids that will efficiently distribute power.
Alibaba, through the announcement, stated that it is also taking into consideration the “instability of laws and regulations” on crypto around the globe and will not sanction third-party merchants who break the new rules until October 15.
However, the timing for a Revolut crypto token is subject to approval from the United Kingdom’s regulators.
The comparison was drawn by the senior economist and market strategist at the bank – Marion Laboure.
Bloomberg Intelligence’s senior commodity strategist expects the arrival of Bitcoin ETF in the US next month that could propel the Bitcoin price rally to $100,000.
In a quest to empower creators, Polinate successfully closed a $1.25M fundraise with massive support from notable blockchain players and leading venture capital firms.
In a highly controversial transaction, Bitfinex ended up paying a staggering 7,676 ETH for transferring just $100K worth of USDT. The miner of the block, however, has confirmed to return the transaction fee amount.
Coinbase is also expanding the app’s capabilities by adding four new tabs to its mobile version. The new tabs are “Assets”, “Trade”, “Pay” and “For You”.
While the ban still prevails, crypto users in China can, however, access the sites via virtual private networks or VPN.
The regulatory climate in Asia has been heated up in recent times with South Korea, and China dishing out rules that have forced crypto trading platforms to shift their operational base from the nations.
PERP and DYDX are the two DeFi tokens leading the current boom in the crypto market. PERP token has recorded a 55% gain in the last 24 hours, taking its trading price to $17, according to data from Messari.
Should Andresen’s prediction materialize in 40 years, Bitcoin will have gained approximately 13,636.36%.
Citibank is looking to expand its digital footprint in the region and said that it will employ 1000 coders over the next decade.
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.