Jamie Dimon says BTC is worthless; JPMorgan clients believe otherwise
JPMorgan’s CEO, Jamie Dimon, has come out to bash Bitcoin (BTC) and the crypto industry as a whole again. Dimon shared his opinions during the Institute of International Finance (IIF) annual meeting, a seven-day event that brings together leaders in the financial services industry. In his speech, Dimon said BTC is worthless. However, he pointed […]
What is Crypto.com (CRO)?
Crypto.com is a decentralized blockchain platform that is run on an open-source network for the execution of various transactions including payment, trading, and other financial solutions. CRO is the native token for the company as its venture into the world of cryptocurrencies as a whole. The mother company, Crypto.com has been providing a series of […]
What is Aave (AAVE)?
Aave is an Ethereum powered network that allows its users to lend and borrow cryptocurrency. The operations of Aave are based on a non-custodial money market procedure where depositors earn passive income by providing liquidity to the market. The borrowers in turn get cryptocurrency loans for repayment at a later date with varying interest rates. […]
Pro-crypto Senator Cynthia Lummis discloses a BTC purchase of up to $100K
Senator Cynthia Lummis, Wyoming’s crypto-friendly representative, has disclosed that she bought as much as $100,000 worth of Bitcoin (BTC) on August 16. She revealed this news by filing a periodic transaction on October 7. Per the filing, Lummis purchased BTC worth between $50,000 and $100,000. At the time of the purchase, BTC was trading between […]
The Future: Digital Assets Extend Outside of Bitcoin
Blockchain technology has successfully disrupted the financial sector. Its scope has brought the creation of digital assets such as Bitcoin (BTC), Ethereum (ETH), and other digital assets. However, we are now at a crossroads of where the future lies. We are in an era where the influence of blockchain is hardly seen outside the traditional […]
How CBDCs and DeFi Will Reshape the Future of Money by 2030
The collaboration of central bank digital currencies (CBDCs) and decentralized finance (DeFi) will ensure that money is available in the global market without restrictions. The percentage of unbanked individuals will reduce because there are no age or race restrictions on obtaining and using digital currencies. DeFi is becoming the tool to take away financial power […]
Infrastructure Bill: Crypto Community Raises its Effects on DeFi
The growing concern of the infrastructure bill on DeFi is obvious, but the crypto community is worried about its impacts on its space. These worries became burning questions during an “Ask Me Anything” session hosted by Enterprise Ethereum Alliance on Sept. 29. Ryan Selkis (CEO and co-founder of Messari) revealed that the regulatory language aims […]
What is Uniswap (UNI)?
Uniswap is a decentralized token exchange protocol that allows for peer-to-peer cryptocurrency trading. It is based on the principles of liquidity pools and automated market markers (AMM) for trading ERC-20 tokens. Built in 2018, Uniswap is the second-largest project by market capitalization in the world. Uniswap aims to make it easier to buy and sell […]
AMC starts accepting Dogecoin (DOGE) as payment for gift cards
AMC Theatres, the largest movie theatre chain with approximately 1,004 theatres and over 11,041 screens in 15 countries, has started accepting DOGE as a payment option for its digital gift cards. Adam Aron, AMC’s CEO, disclosed this bullish news through a tweet earlier today, noting this development allows customers to purchase up to $200 worth […]
What is Theta (THETA)?
Theta is a platform powered by the blockchain which was specifically designed for video streaming. Similar to several other cryptocurrencies, the Theta system’s mode of operation is a decentralized network with a series of interconnected computers and users which share the same bandwidth and other computational parameters on a peer-to-peer premise. In today’s age of […]
What is Terra (TERRA)?
Started development in January 2018 and launched officially for public use on 26 July 2019, terra is both a stablecoin and a protocol operating on a consensus mechanism known as POS Tendermint. Terra was developed to solve most issues surrounding bitcoins and other altcoins. Generally, price volatility is one of the major setbacks facing bitcoin […]
Texas continues positioning itself as a blockchain and crypto hub
The state of Texas is gunning for the leading crypto and blockchain hub title after welcoming Chinese crypto miners following a recent ban. A report unveiled this news on October 2, noting that the US state has expanded its Blockchain Council to include 70 members. Led by Lee Brachter, the council seeks to host the […]
What is Monero (XMR)?
Monero is an open-source anonymity-oriented cryptocurrency that allows for the execution of transactions discreetly between the participants on the network. The operation of the network’s blockchain is based on the same underlying technology used by most cryptocurrencies which are known as public ledgers for viewing the entire transactions on the network. Coupled with the anonymity […]
What is Dai (DAI)?
Fully launched on December 18 2017 for public use, Dai (DAI) is a stablecoin cryptocurrency that aims to keep its digital monetary value as close to that of the United States dollar. Although it is sometimes regarded as Sai, Dai is governed and regulated by an organization called Maker Decentralized Autonomous Organization (MakerDAO), whose financial […]
