DeFi
Analysis
Bitcoin rallies to $58,000 while PancakeSwap (CAKE) crosses $6 billion TVL
Bitcoin saw a choppy weekend but surged 5% on Monday. Meanwhile, a leading Binance Smart Chain DEX carved a new high (metric) for itself.
Stablecoins
VISA to allow USDC settlements via Ethereum on its network
The global payments network has so far shunned cryptocurrencies but is opening up to the sector. And it is starting with stablecoins.
Technology
New York turns to IBM blockchain to battle the coronavirus
Traditional consensus says blockchain technology is outdated and serves little need to society. But you can show the naysayers this COVID-19 mobile app the next time.
Exchanges
Coinbase lists Curve, Ankr, and Storj—here’s what they all do
Three altcoins listed on the regulated US exchange surged by several percent upon the news. But what function do they serve?
DeFi
DeFi exchange SushiSwap launches margin trading on ‘BentoBox’
SushiSwap is one of the biggest decentralized exchanges and is bringing lower-cost trading to its users.
CBDCs
6 Chinese banks are testing the upcoming digital yuan (DCEP)
Six government-backed banks in the country are testing out the upcoming state-backed digital currency, a local report said Tuesday.
Analysis
215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000
A significant amount of Bitcoin moved to “long-term” wallets as buyers likely accumulated the dip.
Scams
U.S. feds bust Instagram star for promoting Bitcoin scams
New York cops bust one 'Jay Manzini' yesterday on charges of wire fraud related to Bitcoin. Here’s why.
NFTs
An NFT made by humanoid robot ‘Sophia’ just sold for $688,000
NFT crypto art is the biggest trend right now in crypto circles. And even robots are trying their luck.
People
Crypto news site Crypto Briefing announces Mitchell Moos as new CEO
The news site and its research division will be helmed by Mitchell Moos, the former Editor-in-Chief of Crypto Briefing and former CryptoSlate Editor.
How Bitcoin and a winning mindset transformed the life of this 19-year-old
Bitcoin‘s ebbs and flows have inspired the famous when lambo meme—the act of trading the asset’s volatility to make ungodly amounts of cash in…
Technology
Here’s an explainer on Ethereum DEX Uniswap’s V3 update
The DEX would now allow liquidity providers to make markets at custom price levels and will introduce multiple fee tiers.