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We have been reporting for a while now about the massive growth the DeFi (decentralized finance) ecosystem is experiencing, and today, the Cryptoverse saw another major milestone reached - total value locked in DeFi surpassed USD 1 billion, before dropping below this threshold again. The total value locked (TVL) has...
America appears to be the latest country to have had a change of heart on the matter of central bank digital currencies (CBDCs ) – with the head of the central Federal Reserve suggesting that a “digital dollar” may well be in the pipelines. In a speech prepared for the...
Twitter founder and CEO Jack Dorsey still has not confirmed that he was awarded the second Lightning Torch on Tuesday, and does not respond to multiple requests by bitcoiners. Exactly a year ago, Dorsey received the first iteration of the torch, which has become a popular symbol in the world...
Unless you’ve been living under a rock, then you’re probably familiar with affiliate marketing and how it works. It’s particularly popular in the world of digital marketing and there’s no shortage of affiliate marketing program options to join. But, most of them are based on myopic views. Well, that was...
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020. Per news agency Yonhap, the Korean finance ministry is currently mulling a...
Kenyan market regulators should focus on creating an innovative regulatory framework instead of demonizing initial coin offerings (ICOs), which is an "independent and viable way" to raise capital, according to local market participants. This week, the Capital Market Authority of Kenya (CMA) warned investors against participating in unregulated ICOs, adding...
U.S.-based crypto exchange Kraken has finalized its takeover of Australia’s Bit Trade which brands itself as the country’s longest-running cryptocurrency financial services company. Bit Trade says it operates a blockchain asset investment and portfolio management platform, enabling customers with access to a number of crypto exchanges with the use of...
The Organisation for Economic Co-operation and Development (OECD) has recruited some of the biggest names in cryptocurrency and blockchain technology to advise it on blockchain-related matters and distributed ledger innovations. The international organization will seek tips from players such as Joe Lubin of ConsenSys, as well as key execs at eToro, Bitfury and Ripple – and made its...
One of the Crypto Twitter's most "relevant" discussions is currently ongoing - whether or not John McAfee should indeed eat his penis in twelve months if he loses his famous bet as promised. The controversial entrepreneur and former Bitcoin (BTC) bull, however, is walking back on that promise. The Cryptoverse...
A cryptocurrency investment company has hit a major law firm with a malpractice suit in a potential watershed case for the American legal and crypto worlds. According to legal documents submitted to a court in the American state of Illinois, Crypto Assets Fund has filed against Faegre Baker Daniels, one...