Financial Industry News
Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment. The arrival of fiat currencies transformed the way economies were run back then. Indeed, you could argue that we’re seeing such a seismic shift now as cryptocurrencies become […]
Continue ReadingSocios, the blockchain-based platform which has tokenized many sports franchises worldwide, has partnered with the National Basketball Association’s Cleveland Cavaliers. In a Monday announcement from blockchain-based sports platform Chiliz, Socios said its logo will be prominently featured on Cavaliers’ team jerseys for the upcoming season, scheduled to begin later this year. The platform also said […]
Continue ReadingPer a Bloomberg report, executives from Tether Limited, the company behind stablecoin USDT, could face a criminal probe for alleged bank fraud. The investigation is currently ongoing with the U.S. Justice Department and is focused on specific events. According to three anonymous sources cited by Bloomberg, the probe is investigating if Tether Ltd. Held information […]
Continue ReadingElon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the […]
Continue ReadingThe price of Ether (ETH) jumped to a three-week high on July 26, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job posting from the retail giant showed that it is seeking an executive to build its “digital currency […]
Continue ReadingDecentralized Finance (DeFi) has become more and more popular in the past few months. According to the statistics, by Q1 ’21, the overall monthly trade volume has almost tripled compared to December 2020 ($25 billion). The average daily DEX trade volume grew from $0.71 billion to $2.26 billion — a quarterly rise of 318%. Don’t […]
Continue ReadingIn the 1988 “Crypto Anarchist Manifesto,” engineer, author and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain, […]
Continue ReadingEarnBet represents the world’s first fully-decentralized casino, featuring a series of highly-entertaining and profitable games. The casino has a highly advantageous house edge, a generous welcome bonus, a profit-sharing philosophy, and provably fair wagers that are recorded on the blockchain network. Overview of the Impressive Game Catalogue To ensure an exciting and profitable gambling experience, […]
Continue ReadingBitcoin Press Release: Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh City, Vietnam — Santo Blockchain Labs, a creative blockchain software development company has joined forces with renowned French pop artist Jerome […]
Continue ReadingWilliam Cai, co-founder of investment firm Wilshire Phoenix, is the latest person to cast doubts on the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States in 2021. Speaking to Business Insider, Cai remarked that a Bitcoin ETF in 2021 is unlikely as he offered 2022 and 2023 as the earliest […]
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