Since the fall of the Terra (LUNA) algorithmic-stablecoin in mid-2022, many users in the crypto space have developed a weariness towards that particular asset class. The market for algorithmic stablecoins has dropped 10 times what it was at its all-time high prior to the Terra incident. However, this has not […]
On Tuesday (31 January 2023), the COTI team made the announcement that many in the Cardano community had long been waiting to hear. Djed ($DJED) is a Cardano-powered stablecoin developed by IOG and issued by FinTech startup COTI Group. On 26 September 2021, day two of the two-day Cardano Summit 2021, IO Global (IOG), […]
Blockchain-powered fantasy sports firm Sorare has sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform. Sorare has driven an interesting use case for Ethereum-based fantasy sports and digital card trading in recent years, offering fans the ability to mint, collect and trade […]
Credit card giant MasterCard has teamed up with the world’s largest crypto exchange Binance to launch another prepaid crypto card in Latin America. On Jan. 30, Binance announced the launch of the Binance Card in Brazil. The new card is issued by Dock, a payment institution regulated by the Brazilian […]
Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust which reduced its employee count by a third according […]
Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s Bank of China (PBoC) also announced that it […]
Ripple, the digital payment network, has partnered with Montenegro to help the small Southeast European nation develop its digital currency. The country’s prime minister, Dr Dritan Abazović, tweeted about the pilot project with Ripple on January 18, 2023, which did not go unnoticed by XRP enthusiasts. Ripple To Develop National […]
Bitcoin (BTC) price has maintained its uptrend and is rising above the $23,000 level again. Bitcoin price long-term forecast: bullish On January 29 this year, Bitcoin reached a high of $23,962. This is the highest price level as it is above the $23,000 support. The cryptocurrency asset is currently trading […]
Crypto markets underwent a notable upswing in the past 48 hours, due to which most of the altcoins raised with a notable margin With a continued upswing, the possibility of a larger price action appears to be pre-determined unless the bears do not intercept the rally after reaching certain levels […]
Recently, Dr. Dritan Abazović, who has been the prime minister of Montenegro since 28 April 2022, reported on his meeting with two executives from FinTech firm Ripple. Montenegro is a small country in Southeastern Europe, which is a part of the Balkans. On 14 December 2021, Ivan Boskovic, the former […]
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