mStable Deploys on Polygon
mStable has gone live on Polygon by launching a savings account, stablecoin, and swap services. mStable is looking towards exploiting the layer two solution from Polygon that will reduce fees for DeFi users. mStable, a DeFi yield protocol, has launched on
Chinese Banks Prioritize Digital Yuan
Top Chinese banks are prioritizing the digital Yuan over local payment platforms such as WeChat Pay and Alipay. The banks are doing this ahead of the online shopping festival in China starting today. In an analysis report by Reuters, six of
Deutsche Boerse Reverses Decision To Delist Coinbase
UPDATE: Since the reporting of this article Deutsche Boerse has reversed their decision to delist Coinbase. This announcement followed Coinbase providing the requested reference code – a so called LEI Code. Coinbase - Buy & Sell Bitcoin Coinbase became a victim after
China Ranks Third in Development of CBDC
Mainland China has ranked third after Bahamas and Cambodia on the development of Central Bank Digital Currencies (CBDC). This comes at a time when central banks are looking to digital currencies to transform their economies. Mainland China has come in third
AXA Starts Accepting Bitcoin Payments
AXA, the largest insurer in Switzerland, has started accepting payments from private customers in the form of Bitcoin. People can start making payments in Bitcoin for insurance premiums for non-life insurance products. AXA, the second-largest insurance company in Europe, has become
TIME Magazine Partners with Grayscale To Accept BTC
https://twitter.com/Sonnenshein/status/1381662798585946112 TIME Magazine has collaborated with the largest global crypto asset manager, Grayscale. The magazine has also agreed to accept Bitcoin as payment and hold Bitcoin in its balance sheet. The adoption of Bitcoin as a payment mode has been on the
Binance Labs Leads Funding For Mound
https://twitter.com/binance/status/1381806991345999882 DeFi startup, Mound, has raised $1.6 Million in a funding round spearheaded by Binance Labs. The investment will be used to boost the development of 'Pancake Bunny.' Binance Labs has announced that it led the funding round to support Mound, the
Cryptocurrency Marketcap Surges Past $2 Trillion
On April 6, the marketcap for entire cryptocurrency space reached an all-time high of $2 Trillion. During this surge Ripple’s XRP also surged by over 60% allowing its price to head over the $1 USD mark. This cryptocurrency marketcap is the
NBA Top Shot Creator Receives Funding
Basketball stars, Michael Jordan and Kevin Durant are among the people who have contributed towards the creator of NBA Top Shot, Dapper Labs. Dapper labs, which is a blockchain technology company and the creator of NBA Top Shot has received $305
Fidelity Seeks SEC Approval For Bitcoin ETF
Fidelity Investments wants to roll out its Bitcoin exchange-traded fund (ETF) to expand its operational capacity within the virtual currency industry. According to the announcement, the fund will be called Wise Origin Bitcoin Trust. But it will be launched only