Mt. Gox begins repayments in Bitcoin and Bitcoin Cash: Law Decoded

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. 725 Total views 5 Total shares Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half…

Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space. 214 Total views 27 Total shares As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of…

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 270 Total views 22 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly…

Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18.Maker, which issues USD-pegged stablecoin Dai (DAI), is seeking to improve the cryptocurrency’s stability.The organization aims to do so by raising its so-called Stability…

The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023. 166 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTGlobal cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain…

With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs. 65 Total views 1 Total shares Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market.The $30 million pool financed by…

According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of holders are never gonna touch their own keys.”Kava is a non-Ethereum-based DeFi platform that enables users to earn interest on the cryptocurrencies they hold. The investors Kerr hopes to reach…

A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins. 136 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTHong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to…