Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

In 2021, Bitcoin’s usage by merchants that use BitPay fell to about 65%, down from 92% in 2020. 861 Total views 32 Total shares BitPay Inc., one of the world’s most well-known crypto payments processors, has seen a shift in the type of digital assets used for purchases over the last year, according to a…

Bitcoin price (BTC) closed out October at $9,150, which represents the first monthly gain since June.  October also brought new lows of $7,300, which was met with a memorable swing of around 40% back up to highs of $10,350.  So far, Friday has brought a small gain to Bitcoin price of around 0.39%, but down over…

Institutional digital asset management platform Fireblocks has announced that Bitcoin trading platform LGO will integrate its security and API infrastructure, in an effort to expand its product offerings.According to a recent announcement, the integration will allow LGO to increase the speed at which customers can access and withdraw funds by tapping the liquidity of the…

Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, denying that the firm is “insolvent” or facing banking issues, in an official blog post published October 7.Bitfinex’s rebuttal comes in the wake of last week’s reports that the exchange’s banking partner, Puerto Rico’s Noble Bank International, is seeking a buyer and…

Artificial intelligence (AI) is advancing by leaps and bounds, with exciting new applications launching every day.But a blockchain-based startup believes the transition from an “information economy” to an “intelligence economy” will prove a bumpy ride for many people. Large corporations have built most  of the common AI systems that many people use today. CEN says…

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. 437 Total views 3 Total shares South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.Financial…

According to a new report from U.S.-based security firm Recorded Future published on Oct. 25, the North Korean government has sponsored at least two scam coins.In the report entitled “Shifting Patterns in Internet Use Reveal Adaptable and Innovative North Korean Ruling Elite,” Recorded Future’s research team Insikt Group mentions two alleged altcoin scams tied to…

Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on…