What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin provides a bridge between the Bitcoin (BTC) and Ethereum (ETH) networks. The connection between the networks exists in the tokenized version of Bitcoin being run on the Ethereum network, making the much-needed liquidity to the decentralized network readily available. The compliance of the Bitcoin network with the Ethereum network allows for the complete […]
What Is Ethereum Classic (ETC)?
Ethereum Classic is an open-source decentralized blockchain-based platform comprising a native cryptocurrency and a smart contract feature. It allows the smooth running of applications and services without third-party interference. In the context of ETC, smart contracts are solely built on the conditional if-then statement type. That is, if the terms stated in a contract are […]
What is Stellar (XLM)?
The Stellar network is an open-source protocol for decentralized payments. It connects diverse financial systems and enables money to move quickly, reliably, and cheaply. Stellar’s goal is to be a common financial platform where people of all income levels can access and send money, that connects with different currencies and banking systems across the globe. […]
Coinbase furthers crypto adoption by allowing direct paycheck deposits
San Francisco-based crypto exchange Coinbase is gearing up to launch a feature that allows US users to deposit paychecks into their online accounts directly. The company unveiled this news through a blog post on September 27, noting this feature will go live in the next few weeks. Through this service, the exchange seeks to help […]
Crypto exchanges rush to sever ties with Chinese users after a new crackdown
Crypto exchanges and crypto service providers in China are scrambling to cut ties with mainland China traders following a blanket ban on crypto trading and mining. A report unveiled this news earlier today, noting that the 10 Chinese government agencies plan to uphold a high-pressure clampdown on digital asset trading. The entities looking to enforce […]