Day: 18 January 2022

China's digital yuan wallet app has become one of the country's most downloaded apps within a week of launching. This development could disrupt the consumer payment market that has been dominated by Alipay and WeChat Pay. Downloads of the e-CNY app which currently operates in select cities exceeded those of ...

Coinbase, the U.S. based centralized crypto exchange, acquired FairX, a derivatives exchange, as a way of entering the derivatives markets. The world’s third-largest crypto exchange by 24-hour volume is known for following the guidelines of local regulators, and in a bid to legally offer derivatives, it purchased a Designated Contracts ...

Centralized Finance (CeFi) organization and leading USD stablecoin issuer, Tether, has frozen the funds attached to three Ethereum addresses with a value of over $150 million of USDT stablecoin  These addresses were amongst the first in 2022 that were added to the blacklist by Tether.  Tether has been known to ...

The NFT realm seems to be a strange place, as a 22-year Indonesian student has made over a million dollars selling NFTs of his selfies. Sultan Gustaf Al Ghozali took his selfies and tokenized them into NFTs on the OpenSea NFT marketplace. A 22-year old student in Semarang, Indonesia, took ...

Mayor Eduardo Paes announced his plan to invest 1% of their treasury in Cryptocurrencies during the Rio Innovation Week on Thursday. On Friday, Paes published a decree establishing a working group on the subject.  He spoke about the challenges involved in transforming metropolises into technological hubs in a lecture with ...

2021 was a fantastic year for crypto with the phenomenal returns growth of NFTs, DeFi, and Coins in general. The year 2022 promises even more significant growth as inflation rises faster than ever and the mainstream use of decentralized services all over the globe.  Moreover, the rising interests in altcoins ...