In brief Aave is a decentralized lending protocol that lets users lend or borrow cryptocurrency without going to a centralized intermediary. Users deposit digital assets into “liquidity pools,” which become funds that the protocol can […]
Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% […]
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the […]
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services […]
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the […]
A recently amended Schedule 13D form filed with the SEC revealed that a consortium of 19 investors, including Sequoia Capital, Andressen Horowitz, and Binance, are backing new Twitter CEO Elon Musk in his $44 million […]
The amount of Ethereum staked on the Beacon Chain has reached another milestone despite asset prices tumbling today. There is now more than 12 million ETH staked on the Beacon Chain according to the Ethereum […]
Italian high-end luxury fashion house Gucci is all set to accept cryptocurrency in five stores in the US later this month. The move comes as the company continues to explore Web 3. Gucci Taps Crypto […]
Renowned American rapper and actor – O’Shea Jackson Sr. (better known as Ice Cube) – asserted that he is a supporter of the first-ever memecoin Dogecoin. Thus, he put his name next to the likes […]
After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move might cause financial instability in […]
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