Cointelegraph By Ezra Reguerra
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DeFi may turn to DAO governance to reduce regulatory risks in 2022: Report
Cointelegraph By Ezra Reguerra - 0
KuCoin Labs, the investment and research arm of crypto exchange KuCoin, has released its annual report, predictin that decentralized finance (DeFi) will still be a significant trend in the crypto industry in 2022 and governance will be run through decentralized autonomous organizations (DAOs).With the DeFi ecosystem continuing to...
Continuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto.In the announcement, Mastercard’s Data & Services President Raj Seshadri says that the financial institution will continue to help clients...
When he’s not designing merch for the NBA or supplying coffee for big retailers, Shawn Kurz is fighting world hunger with the help of blockchain technology. Motivated to mend the shortcomings of traditional charity systems, Kurz founded FoodChain Global (FCG), an organization that uses a blockchain-based ecosystem to support...
Drake spends his time betting more than $1 million in Bitcoin (BTC) on Super Bowl matches when he’s not running through the six with his woes.The award-winning rapper recently shared that he placed BTC bets worth a total of $1.26 million on the upcoming Superbowl match between the...
Bitcoin set to help communities — Latinx nonprofit now accepts crypto donations
Cointelegraph By Ezra Reguerra - 0
An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.”Powered by charity provider The Giving Block, Corazón Latino is set to accept Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and many other cryptocurrencies to...
El Salvador faces another whipping from a traditional finance firm for its "forbidden" love for Bitcoin (BTC). American credit rating agency Fitch Ratings lowered El Salvador’s long-term Issuer Default Rating (IDR) from B- to CCC, mentioning “policy unpredictability” and the “adoption of Bitcoin as legal tender” as some of the...
On Feb. 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion, consolidated into one wallet address. More than a week later, the hackers were caught.The United States Department of...
Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.Lightning Network is now available on Cash App. It's the fastest, free...
Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network.The Series B investment round was led by Kora...
China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applied new rates for crypto miners in the province of Tierra del Fuego.Argentina’s Energy Secretary of the Ministry of...