Almost $2B Staked in Axie Infinity: AXS Skyrockets 130% Weekly to a New ATH
The interactive game Axie Infinity has attracted nearly $2 billion worth of the native token locked on its platform, which is a new record. At the same time, the price…
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to…
The History of DeFi Revised: Marnotaur NFT Collection Public Launch Date Set for October 4th
PRESS RELEASE. Right after the Marnotaur DeFi leverage platform announced the extremely quickly completed of its Marnotaur NFT collection presale, the team announced that the collection would go public. The…
El Salvador introduces fuel subsidy of $0.20 per gallon to locals who pay in BTC
El Salvador is looking to bolster adoption of its government-issued Chivo Bitcoin wallet by offering discounts on petrol purchases of $0.20 per gallon to consumers who pay using BTC.
Cryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru
Jean-Pierre Verster, the founder of a South African hedge fund Protea Capital Management, has said he does not believe there is “intrinsic value” in cryptocurrencies. He insists that cryptocurrencies have…
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost…
Compounding problems: $65m more COMP at risk as devs wait for time-locked bug fix
While Compound’s developers submitted a fix for the protocol’s bug on Sept. 30, the update won’t take effect until a seven-day time-lock on code updates has passed.
Virgin Galactic Chairman Chamath Palihapitiya Says Bitcoin Has Replaced Gold
Virgin Galactic’s chairman and CEO of Social Capital, Chamath Palihapitiya, says bitcoin has effectively replaced gold. Having predicted that the price of the cryptocurrency would hit $200,000, the executive said…
50% of Africans Invest in Crypto to Pay for Their Children’s Education: Survey
According to a recent poll, most cryptocurrency investors from Kenya, Nigeria, and South Africa have entered the digital asset market with long-term goals such as securing their families’ wellbeing. Crypto…
Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to propose, according to CEO Brian Armstrong. In addition, the company…