Center has announced via a blog post on August 22, 2021, that the financial instruments in its USD Coin (USDC) stablecoin reserves have been shrunk down to only the fiat dollar and United States Treasury Bills. Circle Center Shrinks Reserve Holdings Barely three months after Circle announced the expansion of […]

eCommerce is one of the most rapidly expanding sectors within the global economy with a forecasted growth of 25% CAGR over the next five years. The desired sub-industry in the sector is hyperlocal last mile delivery. This is essentially localized home delivery in less than 60 minutes.  Buying.com operates in […]

Billionaire investor Mike Novogratz has praised the Cardano (ADA) community for their passion, shortly after claiming he did not understand why the cryptocurrency’s market capitalization was so high. Cardano’s price exploded over 1,400% last year and is now trading above $2 according to CryptoCompare data, partly because it’s soon launching […]

Parami, which is building a user-driven and tokenized advertising economy on Polkadot and Kusama, has received $3 million in funding from various crypto funds, including NGC Ventures and CMS Holdings, per a press release on August 13. $3 million to Boost Client Acquisition and Building Privacy Protocols The capital will […]

The price of Cardano’s ADA token has surpassed the $2 mark after surging over 64% in the last 30 days, and 15% in the last 24-hour period ahead of a major smart contract announcement expected from its founder Charles Hoskinson. According to CryptoCompare data, the cryptocurrency is now trading at […]

Goldman Sachs has revealed via its latest crypto report released on August 11, 2021, that proof-of-stake (PoS) based digital currencies and native altcoins of exchanges such as Binance have generated better returns on investment for hodlers since 2019 more than other tokens. Crypto Exchange, PoS Tokens Outperform Others While the […]

The largest cryptocurrency exchange in the United States, Coinbase, has altered its description of the USD Coin (USDC) page on its website, following the latter’s revelation of its assets reserves. Coinbase Alters USDC Description  According to Bloomberg on Wednesday (August 11, 2021), Coinbase made a change on its website about […]

Entrepreneur and venture capitalist Kevin O’Leary is the latest high-profile individual to join the expanding list of partnerships inked by FTX. Kevin O’ Leary Partners with FTX In a press release issued yesterday, FTX, the cryptocurrency derivatives exchange built on the high-throughput Solana blockchain announced it had allied with Shark […]

Change is the only constant in crypto.  Illustrating this fact is the fast-evolving DeFi scene and the rapid phase of development.  Xigua Finance, or Watermelon, riding on the high-quality public ledger IOST, is protocol resolving the major pain points plaguing traditional finance using the blockchain.  It borrows and blends different […]