BlockFi is seeking to convert trade-only assets into stablecoins, according to a court filing. The company is asking a federal court to approve the move, which could provide more liquidity to digital asset holders.
The inaugural Istanbul Blockchain Week event witnessed the convergence of Islamic finance and Web3 technology, providing a platform to discuss the potential of blockchain to support financial inclusion, entrepreneurship and investment opportunities in Islamic finance.
Pendle Finance users are now able to benefit from real-world assets such as stock, commodities and foreign currencies, providing investors with significant opportunities to diversify and increase their portfolio.
Australia’s central bank has stated that the introduction of a central bank digital currency (CBDC) is unlikely to happen in the near future. The monetary authority cited the need to study potential risks and benefits before it pursues such a project.
Citadel-backed crypto exchange EDX has selected Anchorage Digital as its custodial partner, a move that marks an important step in EDX’s mission to create a secure and reliable access point for the crypto asset market.
FTX CEO Sam Bankman-Fried has pled not guilty in the latest hearing of his ongoing trial. This decision marks the next stage in a complex legal process, with Bankman-Fried seeking to clear his name after facing accusations of fraud and money laundering.
Orange Pill, a Bitcoin-focused social media project, has secured $250K in pre-seed funding to power its vision of creating a better social experience for the cryptocurrency community.
Bitcoiners must take proactive steps to promote its adoption and application if they hope to stay one step ahead of the rapidly advancing Central Bank Digital Currency (CBDC) revolution. The future of the digital economy is at stake.
XRP, the world’s fourth largest cryptocurrency, is quickly gaining traction due to its low fees and fast transaction times. Analysts predict XRP could soon surpass Bitcoin, Ethereum, and Cardano in becoming the leading payment cryptocurrency.
Coinbase, once seen as the face of crypto, has recently downplayed its enthusiasm, leading some to wonder if it has lost faith in digital currencies. Is this the beginning of the end for crypto?