Abracadabra Money’s stablecoin Magic Internet Money (MIM) has surged past a $1 billion total supply this month as the project works to provide competition to MakerDAO. Abracadabra is a cross-chain stablecoin lending protocol that operates on Ethereum, Binance Smart Chain (BSC), Fantom, Avalanche, and Arbitrum. Along with MIM, the project […]

In a blog post, Alexander Hoptner, CEO of the cryptocurrency exchange BitMEX, stated that more countries will soon follow El Salvador’s path in adopting Bitcoin (BTC) as legal tender. According to Hoptner, his forecasts point towards five countries accepting the world’s largest crypto by market capitalization at the end of […]

The BSV Blockchain NFT Auction and Cocktail Party saw a variety of celebrities in attendance to celebrate the bold new world that Bitcoin SV is pioneering. One of them, Entourage star Adrian Grenier, joined CoinGeek Backstage on the sidelines of the party to talk NFTs, environmental conservation, social media toxicity […]

Creditors from the now-defunct crypto exchange Mt. Gox have until Friday Japan time to vote on a rehabilitation plan that could pay back millions in lost Bitcoin (BTC). Figures including Blockstream founder Adam Back and former Mt. Gox CEO Mark Karpelès took to social media this week to remind crypto users of […]

Compound Finance announced the passing of Proposal 064 on Oct. 7, titled the “Fix COMP Accrual Bug.” The proposal states that this update will attempt to “patch the bug introduced in Proposal 62 and pessimistically allow COMP reward withdrawals until the bad COMP accruals can be fixed.” The proposal, which […]

Terra’s (LUNA) three-month rally saw its token rise by 674%, catapulting LUNA to the ranks of potential so-called “Ethereum killers.” LUNA has been on a tear lately because Terra’s most recent upgrade, Columbus-5, has effectively overhauled its tokenomics and brought significant changes to its technology. LUNA currently sits in fourth […]

Total crypto market cap added $200 billion to its value for the period since Monday and now stands at $2.31 trillion. The top ten coins are all in green for the last 24 hours with Polkadot (DOT) and Cardano (ADA) leading the pack with 13.2 and 8.7 percent of increase […]

Coinbase launched the Coinbase Earn program in 2018, where members can earn cryptocurrency by watching videos and taking tests. The key idea of ​​the Coinbase Earn project is to allow users better to understand the technologies inherent in the digital asset. Study it in a fun and straightforward way, and […]

The financial industry has changed tremendously over the past decade, seeing numerous brokers come and go. One constant during this period has been the growth and outperformance of FXgrow, which is celebrating its 13th anniversary since launching back in 2008. The multi-asset brokerage has seen its product offering grow during […]

Pat Toomey, a Republican member of the U.S. Senate Banking Committee, is attempting to pressure the nominee to head the Office of the Comptroller of the Currency (OCC) into handing over her 1989 university honors thesis about Karl Marx. The Biden administration formally nominated Kazakh-born attorney Saule Omarova— who has […]