Huobi Acquired Latin America-Based Exchange Bitex
Huobi Global – a former China-based exchange – expands its continental footprint by purchasing Bitex, a crypto platform that built the first Bitcoin exchange in Latin America. However, both parties…
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Vitalik Buterin’s Take on Algorithmic Stablecoins Following Terra Fiasco
Vitalik recently shared his thoughts on the future of algorithmic stablecoins in the wake of TerraUSD’s failure. While he believes that skepticism and scrutiny of existing protocols is “highly welcome,”…
Tether’s USDT Stablecoin Launches on Polygon (MATIC) Network
Tether – the company behind the world’s largest stablecoin – has now launched its premier Tether token (USDT) across Polygon. This will bring Tether’s utility to thousands of dapps running…
Terra Community Votes to Burn 1 Billion UST From its Community Pool
The developments surrounding Terra’s ecosystem keep coming in. After voting for a revival plan that would see the fork of a new chain without the algorithmic coin, the community has…
Terra Reveals LUNA Airdrop and Launch Date
After the community voted in to have the terra ecosystem essentially forked without the algorithmic stablecoin, the team has now revealed the launch date for the protocol and the LUNA…
JPMorgan Trials Blockchain For Collateral Settlements, Possible DeFi Bridge
Big banks are making moves into the blockchain and crypto space at a greater pace now more than ever. JPMorgan is the latest to experiment with distributed ledger technology to…
MetaMask Taps Asset Reality to Help Users Recover Stolen Funds
Crypto wallet Metamask is partnering with Asset Reality – a platform for accessing and recovering seized crypto and digital assets, to help users recover stolen assets. The service is free…
Kevin O’Leary on Proposed PoW Ban, Says New York State is Uninvestible
Renowned TV personality and millionaire investor Kevin O’Leary said the Proof-of-Work(PoW) ban proposed by New York State would scare businesses away. According to the crypto bull, the state, along with…
McLaren’s Daniel Ricciardo Becomes Global Ambassador of OKX
Daniel Ricciardo – an Italian-Australian driver who races for McLaren Formula 1 team – teamed up with the Seychelles-based digital asset exchange – OKX. The pilot will serve as an…
Crypto Company Babel Finance Raises $80 Million, Valuation Hits $2 Billion (Report)
Babel Finance – a cryptocurrency service provider that offers digital asset lending – reportedly secured $80 million in a Series B financing round. The investment boosted the company’s valuation to…
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