Avara founder backs proposal to offboard Polygon markets from Aave
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
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Gibraltar Watchdog Grants License to Belarusian Crypto Platform
Currency.com obtained a distributed ledger technology license from the Gibraltar Financial Services Commission. 3026 Total views 59 Total shares The Gibraltar Financial Services Commission, or GFSC, issued a new distributed ledger technology license to the Belarus-based cryptocurrency platform, Currency.com, on July 6.According to the announcement, the platform will be allowed to use DLT to store…

Why September is shaping up to be a potentially ugly month for Bitcoin price
Bitcoin (BTC) bulls should not get excited about the recovery from the June lows of $17,500 just yet as BTC heads into its riskiest month in the coming days.The psychology behind the "September effect"Historic data shows September being Bitcoin's most worst month between 2013 and 2021, except in 2015 and 2016. At the same time,…

Are cryptocurrency ransom payments tax deductible?
About 2,000 years ago during its Han dynasty, China made peace with some of the nomadic people of Central Asia who continuously ransacked Silk Road traders for an easy payday. It did so in order to fully establish the Silk Road trade route, which stretched from China to Europe, and to secure a great source…

Ethereum surges 11% after report SEC is set to approve Futures ETF
The United States Securities and Exchange Commission isn't likely to block the debut of Ethereum futures ETFs, according to sources. 2819 Total views 4 Total shares The price of Ether (ETH) surged around 11% to $1,700 following news that the United States Securities and Exchange Commission is set to allow the first exchange-traded funds (ETFs) based…

DCG offloads Grayscale shares to raise capital: Report
The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity. 461 Total views 7 Total shares Own this piece of history Collect this article as an NFTCryptocurrency conglomerate Digital Currency Group (DCG) has reportedly begun to sell its holdings in crypto funds…

You Can Now Buy Tezos From 10,000 Convenience Stores in France
French consumers can now buy Tezos from 10,000 mini-marts, tobacco stores and gas stations using prepaid coupons or cards. 1673 Total views 68 Total shares French crypto startup Digycode has introduced support for Tezos (XTZ) purchases through its prepaid vouchers and gift cards.The integration is the product of a partnership between Digycode and the research…

DeFi attracts 2.91M Ethereum addresses, according to ConsenSys
The DeFi economy continues to be built on Ethereum. A new report from ConsenSys highlights the extent to which the Ethereum network drives decentralized finance. 1392 Total views 9 Total shares The Ethereum (ETH) network continues to be a major driving force behind decentralized finance, or DeFi, signaling the continuation of a trend that began…

Kiss front man Gene Simmons suggests he’s working to make crypto more accessible
What could the rockstar be cooking up for the blockchain industry? Responding to a tweet from Cameron Winklevoss, co-founder of the Gemini crypto exchange, rock star Gene Simmons said he plans to make Bitcoin (BTC) and Ethereum (ETH) more easily accessible. "It's easier to buy Bitcoin and Ether if you are already in the old system,"…