Total Value Locked on Polygon (MATIC) Grew by 1,102% in May 2021

The total value locked on Polygon (MATIC) grew by 1,102% in the month of May Address activity on Polygon also grew by 4x in the same time period Polygon’s growth has been fueled by DeFi apps migrating from Ethereum and new projects Polygon (MATIC) has experienced remarkable ecosystem growth during the just concluded month of …

Social applications are the next big trend in crypto

The path for the social applications landscape is clear: Its future will be decentralized, private and secure. Last week’s tumultuous 30% crypto market dip and subsequent quick recovery left many wondering what comes next. Crypto circles aside, the conversation around the importance of building solid, broadly usable applications is louder than ever. Crypto will cease …

Binance CEO: You Won’t Be Rich Using a Rich Person’s Tweets to Trade

CZ has cautioned traders and investors against using tweets of rich people to trade He explained that most rich people do not become rich by doing things according to other rich people Elon Musk has updated his Twitter profile picture to one of an anime character with laser eyes and wearing the Bitcoin logo The …

Popular Philippine Mobile Wallet Gcash Explores Letting Users Buy, Sell, Store Cryptocurrencies

A popular mobile wallet in the Philippines, Gcash, is considering offering its users the ability to buy, sell, and store cryptocurrencies on its platform, which reportedly has 40 million users. The company’s CEO says 40% of Filipinos now have a Gcash account. Gcash Considers Offering Crypto Trading and Storage Services Philippine mobile wallet Gcash is …

Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. Russia’s Kalashnikov Concern Looks Forward …

AquaGoat: Saving the Oceans One EcoCoin at a Time

AquaGoat is an ecological social cryptocurrency with a purpose: saving the planet’s oceans. AquaGoat aims to help fund and donate to initiatives focused on cleaning and protecting the planet’s oceans and waterways, all while generating income (yield-generation) and value to its holders. Since the project began on April 7, 2021, AquaGoat has donated to three …

A new decade rising: 2021 has brought crypto to unparalleled heights

There is no need to fear: The cryptocurrency market in 2021 is much different than the market of 2017. Challenges stimulate progress. Technology, pretty much like life itself, cannot be static. Only dynamics stimulate positive changes. Amid the collapse of the cryptocurrency market in mid-May, many retail and institutional investors began to lose faith in …

3 Best Cryptocurrencies To Buy For The Long-Term On Cheap Prices

If you are looking to buy cryptocurrencies and wondering which cryptocurrency will turn out to be a profitable investment, you’ve landed in the right place as below we highlight the 3 best cryptocurrencies to buy for the long term. As cryptocurrencies grow, people are developing an interest in the crypto market. The old debate on …

Bitmex and Astrobotic to Send 1 Bitcoin (BTC) to the Moon

Bitmex has partnered with Astrobotic to send a unique physical coin of Bitcoin to the Moon The physical Bitcoin will display the Bitmex name, the mission name, the date it was minted and the Bitcoin price at the time of minting The Bitcoin will be on a payload aboard the Peregrine-1 manifest lunar lander The …

Major Philippine e-wallet GCash eyes crypto trading

One of the most popular e-wallets in the Philippines, GCash, is considering a potential move into crypto following the example of PayPal, Venmo and others. GCash, a major digital wallet in the Philippines, is reportedly considering introducing crypto trading services. GCash CEO and president Martha Sazon announced that the firm is looking at offering users …

Bloomberg report calls Bitcoin ‘refreshed and discounted’ as BTC price bounces at $36K

BTC price action is already in recovery after a modest drop, and traders are favoring upside. Bitcoin (BTC) bounced off a predicted floor on Friday as the dust settled on the latest market collision with Elon Musk. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoiners poke fun at Musk’s “break-up” Data from Cointelegraph Markets Pro …

Amundi Executive Pascal Blanque Calls Cryptocurrencies a Farce

Pascal Blanque, CIO of Amundi, one of the biggest asset managers in Europe, has stated that bitcoin and other cryptocurrencies are a farce, exposing its skeptical stance on the real value of cryptocurrencies. The investor stated that crypto assets are an expression of markets making bubbles and that investors should focus on other more logical …

Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods

Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash …

South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges

Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security Management System) certification. South Korean Regulator Holds a Closed-Door Meeting With 20 VASPs A report …

Ghana gearing for central bank digital currency pilot

Ghana is striving to become the first African nation to float a central bank digital currency. The Bank of Ghana (BoG) is reportedly moving towards the introduction of a central bank digital currency (CBDC) experiment. Speaking during a news conference in Ghana’s capital, Accra, on Monday, Ernest Addison, governor of the country’s central bank revealed …

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