A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
El Salvador already lost over $35 million in investments. The country blames current market conditions and the Ukraine conflict for the postponement. El Salvador’s Finance Minister Alejandro Zelaya said the Bitcoin (BTC) bond launch will be postponed due to difficult market conditions caused by the ongoing Russia-Ukraine conflict and overall
June 3, 2022 1 min read
The bill does not address existing asset-backed stablecoins. Mitsubishi UFJ intends to launch its own stablecoin called Progmat Coin. On Friday Japan’s government implemented a legal framework for stablecoins that offering a safeguard for investors, following last month’s TerraUSD crackdown which led to multibillion-dollar losses. The collapse of algo-stablecoin TerraUSD
June 3, 2022 1 min read
Currently FTX has a $1 trillion market cap. The exchange will provide both spot and derivatives services. Today the FTX Trading Ltd a prominent worldwide cryptocurrency exchange announced the launch of FTX Japan, which will offer service for Japanese consumers. JUST IN: 🇯🇵 FTX #crypto exchange announces the launch of
June 3, 2022 1 min read
XCM integration between Calamari and Karura will initiate parachain bridging across Kusama. DApps on Polkadot and Kusama will expand concrete use-cases for stablecoins. The successful cross-chain transfer of parachain assets has been announced by Manta Network and Acala to establish a new HRMP channel, as well as the effective implementation
June 2, 2022 2 mins read
MarketAcross, the world’s leading blockchain PR and marketing agency has been named the official global media partner for Asia’s flagship blockchain event, Korea Blockchain Week (KBW). The event is held after two years break due to the COVID-19, between August 7 to 12, the KBW22 will be placed in the
June 2, 2022 2 mins read
Ethereum lost around 62.81% from its all-time high of $4,891.70. Ethereum transactions will be much faster and cheaper on layer 2 blockchain. The new governance Token has launched on Tuesday. In May, the second-largest cryptocurrency Ethereum (ETH) network had more than 1.2 million failed transactions. This shows an increase of
June 2, 2022 1 min read
Crunchy and many NFT PFP drops on Tezos were produced by Codecrafting Labs. Today plenty developer team Tezsure successfully launched the Plenty bridge, a decentralized Ethereum-Tezos bridge. Plenty is developing Tezos’ DeFi use cases with the aim of a fully decentralized financial ecosystem. That is supported by a robust federation
June 1, 2022 2 mins read
JPMorgan Chase and Singapore’s DBS Bank are among the large banks collaborating on the project. Onyx has processed over $300B in digital tokens since its launch in December 2021. The roller coaster competition among important countries for the treasured title of “world’s crypto hub” has heated up. Singapore and its
June 1, 2022 2 mins read
Bitcoin holds 46% of the market share Women will contribute to the Bitcoin rise believed by Tim Draper. Today the price of Bitcoin (BTC) jumped 19% from its low of $26,350.49 on May 12, reaching above $30,000 for the first time. Since the Bitcoin winter, the whole crypto market has
June 1, 2022 1 min read
Colin Wu, a China crypto reporter, said the Chinese government could implement even stronger restrictions or even ban stablecoins. Due to the collapse of the Terra network, China’s media source, the Economic Daily, has indicated that the Chinese government may impose even tighter restrictions on cryptocurrencies. The source described how
May 31, 2022 2 mins read
