In a groundbreaking move, New York State Democrat Latrice Walker has introduced a bill that aims to incorporate dollar-pegged stablecoins as an authorized form of payment for bail bonds.
Author: mehdi
mehdi
Mehdi is a news writer specializing in the world of cryptocurrencies, with a keen interest in all things blockchain and digital currencies. Passionate about staying up to date on the latest developments in this rapidly changing industry, and I love nothing more than sharing my insights and analysis.
Digital Asset, a blockchain technology firm, along with leading market participants, recently announced their plans to introduce the Canton Network.
MakerDAO, the leading decentralized finance (DeFi) platform, has announced the launch of Spark Protocol, a new DeFi lending solution for DAI users.
In a world of ups and downs, twists and turns, the Bitcoin (BTC) bulls at MicroStrategy remain firm in their conviction. The software company, co-founded by none other than the famous Bitcoin maximalist Michael Saylor, has been making quarterly purchases of the world’s largest cryptocurrency since 2020.
In a shareholder letter, Coinbase reassured investors that the cryptocurrency company and exchange has no plans to move its operations out of the United States.
After three consecutive months of growth, trading volumes on centralized crypto exchanges experienced a decline in April, according to blockchain data provider Kaiko. This dip comes after a red-hot first quarter for digital assets.
According to CoinShares, digital asset investment products saw outflows totaling $72 million last week, marking the second consecutive week of negative sentiment for the broader crypto market. Analysts believe that the outflows are a reaction to the likeliness of further interest rate hikes by the US Federal Reserve in May.
Business intelligence firm, MicroStrategy Incorporated, released its Q1 2023 financial report on Monday, May 1, 2023. The report indicates the company’s belief in Bitcoin and the value of its cryptocurrency holdings, as well as an increase in total revenues, product licenses and subscription services, gross profit, and cash reserves.
Cybercriminals have stolen over $103 million of funds from crypto projects and investors in April 2023 through a variety of means, such as exploits, exit scams, and flash loan attacks. This comes as the financial threat landscape has shifted to new areas, such as the digital assets sector, following the mainstream adoption of crypto.
Cryptocurrency adoption rates are on the rise, with more millennials and Gen Z members embracing digital assets, decentralized Finances (Defi), and cryptocurrencies, according to a recent study conducted by Bitget.