BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Celsius Repays Compound Finance $10m Worth of DAI
Crypto lender Celsius Network has repaid interest-yielding DeFi service Compound Finance with $10 million worth of the DAI algorithmic stablecoin, according to a report from Crypto Briefing.
South Korea's Crypto Tax Delayed Until Jan 2025
Crypto tax on digital assets in South Korea will be further delayed by another two years, according to an announcement from an official of the Ministry of Economy and Finance tax policy.
Bybit Announces Launch of Grid Trading Bot
Bybit said that users will also have access to the grid trading bot to automate their buy and sell orders and adjust their investment amount.
HK's PANGU Constructs Virtual Space in Metaverse, Expanding P2E Model for Business Growth
Speaking to Blockchain.News in an exclusive interview, Hong Kong-based graphic design and production start-up PANGU, a metaverse agency appointed by the Sandbox, provides one-stop-solution services for clients to establish and develop their own virtual land in the Metaverse.
Iconic Funds Launches Fourth Crypto Offering with ApeCoin ETP
Listed on the Boerse Stuttgart, the ApeCoin ETP underscores the company's long-term confidence in the digital assets theme, joining existing products including the Bitcoin ETP, Carbon offset Bitcoin ETP, and Ethereum ETP.
Altcoins Expanding DeFi Ecosystem but Can't Beat Layer 1 King Ethereum: Chainalysis
One of the major investment topics of 2021 was the alternative blockchain networks as big investors are looking beyond Bitcoin and taking a leap into Ethereum.
Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs
Noah Davis has entered a new phase in his career. Yuga Labs has hired Davis from auction house Christie’s. Davis announced he is pleased to be joining Yuga Labs as sales project lead.
HKMA Announces Joint Research with Bank of Israel, BISIH for Retail CBDC
The Hong Kong Monetary Authority announced joint research with the Bank of Israel and the Bank for International Settlements Innovation Hub Hong Kong Centre for retail CBDC.
Mark Cuban Says Crypto Startups With Good Fundamental Will Thrive
Mark Cuban, an Ethereum maximalist and owner of the Dallas Mavericks basketball team, is backing projects with positive fundamentals in the space to thrive longer.
Likvidi Launches Platform with Blockchain Tech for Projects access Carbon Credit Markets
Likvidi and Albo Climate have launched a platform with blockchain technology to help projects access the carbon offset markets.