El Salvador and Bhutan see Bitcoin holdings surge amid market rally

The recent crypto market crash has wreaked havoc on DeFi tokens, with with 95% of DeFi assets posting a seven-day loss The decentralized finance (DeFi) bubble appears to have popped for the time being, with half a dozen top DeFi tokens shedding half of their fiat value over the past seven days.According to crypto market…

Blockchain shipping startup 300cubits suspended the operations of its booking module and the circulation of its TEU token.As industry news outlet The Maritime Executive reported Sept. 30, Hong Kong-based 300cubits is believed to be one of the first firms to apply blockchain technologies in shipping.Low transaction volumePer the report, 300cubits’ system began accepting trial shipments…

Blockchain development studio Lightcurve — a part of the Lisk open-source blockchain application platform — laid off 40% of its workforce earlier this week. Lightcurve and Lisk co-founder, Max Kordek, announced the decision earlier this week on Discord, citing a need for the project to cut costs.The job losses represent 21 of Lightcurve’s 53 employees,…

Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund. NEAR price eyes 100% price rallyNEAR's price reached over $19.75, just about 2.5% below its all-time high. However, many analysts agreed with the potential…

The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space. 635 Total views 15 Total shares The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity…

Crypto analytics firm Coin Metrics partnered with Social Market Analytics (SMA) to collaborate on a feed of real-time sentiment towards cryptocurrency based on social media data, according to a press release on June 17.The new partnership intends to collect and analyze data posted by crypto community on social media in order to provide a new…

The trade agreements between China and Hong Kong could allow mainland investors to access BTC ETF in Hong Kong.

NFT artist Johnathan Schultz believes that the era of NFTs without utility is dwindling, and to survive, it must outgrow the “memeification” of things. 816 Total views 5 Total shares Even before the FTX collapse, nonfungible token (NFT) collections have already felt the impact of the crypto winter, with trading volumes going down by 98%.…