Bitcoin holders are entering the world of decentralized finance (DeFi), using wrapped tokens and DeFi projects built on Bitcoin’s own blockchain.
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Avalanche Price Hits Weekly High As DeFi Activity Booms
The native token for Avalanche, a speedy alternative to the leading smart contract platform Ethereum, jumped nearly 11% to hit a weekly high of $97.02 early this morning. AVA has since retraced, and is now […]
Institutions Poured $300M Into Bitcoin Funds During Terra Meltdown: Report
It’s a signal that they saw the market turmoil “as a buying opportunity,” according to Coinshares.
Draft Bill Would Give US Treasury Power to Ban Crypto Exchanges
In brief The U.S. Treasury already has wide power to prohibit the “transmittal of funds” to combat international money laundering. But there are some restrictions. A draft bill headed to the House floor would remove […]