DeFi
Merge
5 million ETH is now locked up in the Ethereum 2.0 deposit contract
Months after the ‘beacon chain’ for Ethereum 2.0 was launched, over 5 million ETH are now locked on the protocol.
Technology
Crypto exchange BitMEX grants $150,000 to Korean Bitcoin developer
The exchange extended the grant for another year as part of an ongoing grants program.
Trading
Crypto robo-advisor Makara launches mobile app with 20,000 on early access waitlist
The SEC-registered crypto advisory tool has millions of dollars in assets under management.
Regulation
Crypto unlikely to escape regulation, says world’s oldest central bank Riksbank
The bank’s governor made the comments yesterday, stating that as the sector grows further it is likely to attract more scrunity.
Payments
Billionaire Ray Dalio says Chinese ‘digital’ yuan could compete with Bitcoin
The Bridgewater Associates boss made the comments in a recent press interview.
Regulation
Reserve Bank of India slams banks after they stop services for crypto users
The nation’s central bank said an old report from 2018 was no longer valid for actions taken by private banks today.
Adoption
Economist Intelligence Unit’s report shows trends behind the increased acceptance of cryptocurrencies
Commissioned by Crypto.com, the second annual survey report from the Economist Intelligence Unit ran a comparative analysis with its previous report to explore several unique trends shaping the rising acceptance of cryptocurrencies across industries.
Regulation
China: Crypto traders turn to OTC platforms amidst Bitcoin crackdown
A government crackdown isn’t enough to quell crypto hopefuls from buying more of their favorite asset class.
Crime
Police drone finds illegal Bitcoin mine while searching for weed farm
A police drone accidently stumbled upon a mining facility while trying to bust cannabis operations.
Adoption
Crypto.com vows to go ‘Carbon Negative’ in next 18 months
The Hong Kong-based crypto platform’s decision comes on the back of renewed fears about Bitcoin’s climatic impact.
DeFi
ERC20 versions of Bitcoin, Dogecoin, and others get a ‘bridge’ to Polygon
The Polygon network has seen a big uptick in recent time and large-cap assets will soon be available for users.
Banking
Bank of Japan governor slams Bitcoin, questions its usage in settlements
The central bank of the cash-centric country is planning out its own digital currency, but seems unsure about cryptocurrencies.