Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
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Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. 172 Total views 2 Total shares Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation

DeFi bubble still growing fast, data from Twitter analyst shows
The crypto space knows how big bubbles can grow. The decentralized finance, or DeFi, movement in crypto has grown explosively over the past several months, according to data compiled by Twitter analyst, Ceteris Paribus.Data from May, June, July and August showed DeFi crypto assets have surged in price, on average, 42.9%, 56%, 60.5% and 168.4%…

Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing…

BIS Innovation Hub Head: COVID-19 Has Exposed The Value of DLT
BIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies. 345 Total views 4 Total shares Benoît Cœuré, the head of the Bank for International Settlements Innovation Hub, recently asserted that central bank digital currencies, or CBDCs, have been brought “into sharper focus” amid…

Binance Launches Blockchain-Powered Charitable Campaign in Support of Maltese Youth
Top crypto exchange Binance’s philanthropic arm, the Binance Charity Foundation (BCF), has opened a new fundraising channel on its blockchain-powered donation platform.The new program is conducted in support of terminally ill patients and disadvantaged children in Malta and Gozo. The news was shared with Cointelegraph in a press release Dec. 19.Dubbed the “2018 L-Istrina Campaign,”…

DeFi boom and Bitcoin rally position NEXO to close 2020 with a 480% gain
Bitcoin is currently the center of attention but savvy investors have also noticed that Nexo token has rallied 480% in the last 3 months. 161 Total views 2 Total shares Over the past three months NEXO token, the native asset of Nexo’s blockchain-based lending platform, has increased by more than 480%. Since Bitcoin (BTC) traded…

Bitcoin now the prize for this sailing event
Another sign of BTC adoption? 3688 Total views 16 Total shares Touted as a digital store of value with scarce supply, Bitcoin has seen its fair share of comparisons to gold over the years. Keeping up with that trend, a sailing competition called the Liberty Bitcoin Cup offers Bitcoin (BTC) as a competition prize instead…

Making Bitcoin legal tender is Mexico will be ‘an uphill battle,’ says Ricardo Salinas
Billionaire and Bitcoin advocate, Ricardo Salinas, 425 Total views 6 Total shares During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and…