The troubled cryptocurrency lending company, Celsius, has paid off its final significant debt. Data from Etherscan shows that Celsius returned $50 million to decentralized finance (DeFi) lending platform Compound in the form of DAI, MakerDAO's stablecoin tied to...
Blockchain technology is being used by more and more governments in projects that require decentralization and transparency. The main technological organization in Colombia, the Ministry of Information Technologies and Communications, has released a roadmap that outlines how blockchain...
The worst month for Bitcoin's value since it started trading on exchanges in 2010 was June 2022, when it dropped by 38%. Ethereum, the second-largest cryptocurrency in the world by market capitalization, ended June down 45%. The crypto...
The UK government is seeking public opinion on how to tax loans and staking for crypto assets in the context of decentralized finance (DeFi). The government is particularly keen on learning more about the taxes on crypto-asset loans...
Despite warning against cryptocurrencies, the International Monetary Fund (IMF) has pointed out that digital assets could be useful replacements for traditional financial instruments. According to a blog post, some cryptocurrencies and central bank digital currencies (CBDCs) may be...
According to a Pentagon-commissioned assessment, the blockchain is not decentralized, can be attacked, and uses out-of-date software. According to the report tagged; "Are Blockchains Decentralized, Unintended Centralities in Distributed Ledgers?", a fraction of participants may exert centralized control...
The crypto market fell once again this week as a result of investors' anxiety and the markets' increased susceptibility to breaking news. Ethereum (ETH) is down 4.77%... Source: BraveNewCoin …while Bitcoin (BTC) is down 7.98%. Source: BraveNewCoin One...
Analysts have said that the "historic" bear market that Bitcoin ($BTC) and other cryptocurrencies are going through has caused the largest outflow of capital in the digital asset industry. Analysts at the on-chain analytics company; Glassnode, say that...
The Reserve Bank of India (i.e., RBI) has collaborated with leading financial institutions in India to run a blockchain-based pilot project focused on trade financing. The main goal of the project is to make blockchain technology a part...
As we eagerly await the transition to a more secure and censorship-resistant website that gives users complete control over their data, it is critical to understand how we can profit from this new decentralized internet. The fantastic thing...
