The FSRA is a regulatory arm for the UAE financial center ADGM. It has published a discussion paper seeking public comments on the policy considerations of decentralized finance (defi). The document was released at a time when the defi space has experienced strong growth in both the number and the value of such transactions. This is what
ZIL dropped for the fourth consecutive session on Tuesday as prices continued to slide from $0.2313 last week. ZIL dropped by nearly 13% today. CELO, however, gained almost the same percentage and climbed to its highest point in almost four years. After a low of $3.68 at the beginning of the week, CELO/USD rose to
Trammell Venture Partners is a leading venture capital company. They announced the closure of their first fund, which was specifically designed to support founders working on the Bitcoin/Lightning Network protocol. TVP Bitcoin Venture Fund series is leading the industry to this crucial area of dedicated venture investment. It has reduced the gap in venture financing for Bitcoin-focused
Bitcoin fell to its lowest point in a month, along with a wide decline in other cryptocurrency after Vladimir Putin ordered Russian troops to attack Ukraine. Within minutes of Putin’s broadcast decision to launch an’special military operation’ against Ukraine’, there were reports of flares and explosions from at least five locations within the country, including Kyiv. According to data from CoinMarketCap, Bitcoin
After a record-breaking start to 2021, and two spectacular rallies towards breaking all-time highs in the last year, investors have expressed confidence that the asset will exceed $100k by the end of 2022. Unfortunately, this optimism was short-lived and USD plunged more than 50% from its peak of $69,044.77 on November 10, 2021. Bitcoin’s price chart shows that
According to Marius Reitz (general manager) of Luno cryptocurrency exchange, Africa, Kenya will lead the peer-to-peer cryptocurrency market in the world for the second year running. The GM quotes a report to justify his choice of Kenya over the other heavyweights. He also points out Kenya’s booming cryptocurrency market and Kenyans’ familiarity with digital payments solutions. According
An unknown company had a group of HP servers that were attacked. The hackers took control of the hardware to mine cryptocurrency. The hackers chose raptoreum as the crypto to mine. This coin is in the top 1000 by market capital and uses an algorithm called Ghostrider that combines PoW (proof of work) with PoS (proof of
NFTs are a huge deal in 2021, and have almost become a billion-dollar business. Popular collections such as the Bored Ape Yacht Club, Cryptopunks and Meebits have been sold for hundreds of thousands to even millions of dollars each NFT. The blockchain-based lending platform Nexo launched a lending desk this week to provide liquidity to NFT owners who use
Bitcoin surged through October as investors get excited about the new U.S. bitcoin futures exchange traded fund (ETF). The bitcoin price has increased by around 40% over the last month. It reached an all-time high earlier this week of $67,000-$2,000 per Bitcoin, which is around 40% higher than its April peak. A panel of 50 experts
On Monday morning, cryptocurrencies rose as bitcoin held above the key level of $50,000 (PS36.653). Bitcoin (BTC-USD) traded at $56,509, up 1.5% from April’s record high of $63,000. This is less than 15% off the record. Ethereum ( Ethereum-USD), second largest crypto market capital, traded at $3,611 after a 0.7% increase. Analysts predict a record-breaking rally
