The People’s Bank of China (PBOC) has clarified the spreading rumors that the testing of its DCEP involves large cash transactions.
Radix is the first layer 1 blockchain network specifically designed for DeFi applications. It is capable of executing parallel transactions across shard chains without breaking the atomic composability requirement.
Sologenic deploys a specific algorithm to analyze the community feedback in different events and allows various levels of governance authority depending on the number of SOLO coins that they hold.
With advanced technologies hitting the market, the e-wallet industry is looking forward to new, interesting trends in the future.
Crypto Finance AG and 21 Analytics successfully completed a Bitcoin transaction in accordance with the standards of Financial Action Task Force (FATF).
The American delegate from Minnesota Tom Emmer hosted the first “Cryptocurrency Town Hall” where he said Ripple’s XRP is not a security urging lawmakers to make policies that support growth in the blockchain and cryptocurrency sectors.
Binance’s staking platform for DeFi will allow users to participate in different events by voting through a Proof-of-Stake model. Through staking, users get to earn passive rewards for locking their crypto.
Bitcoin and Libra may compete favourably in the global financial clime as several central banks plan to release their digital currencies.
Ripple executive explained that XRP is not a rival to stablecoins and CBDCs in international settlements.
Expobank has become the first bank in Russia to issue a loan with crypto as collateral. The loan was powered by WAVES tokens.
As the Defi sector grows, yEarn.finance hit a new high of almost $13,000 from its first trading price of $32. YFI has now spiked to over $10,000.
Cryptocurrency exchange WazirX is making its foray into the DeFi ecosystem with the launch of its Automated Money Maker on the Matic Network.
Powered by Curve, Samsung Pay Card is now available to customers in the UK. Users can earn 5% on purchases from Samsung’s website.
Tap Global lets users convert their crypto into some of the most used fiat currencies: USD, Euro, Pound Sterling, and AUD is coming soon. The conversion happens at the best rates too.
With the deal happening at a time when many businesses are struggling to survive due to the ongoing coronavirus pandemic, American Express is set to largely benefit financially from the acquisition of Kabbage.