US Senator Proposes Congress Adopt Cryptocurrency for Payments

U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has introduced a …

Indiana’s Star Bank Launches Bitcoin Trading Services

Star Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star Mobile Banking App. …

Trava Finance Is a Groundbreaking Protocol That Lets You Create Lending Pools to Start a Lending Business

sponsored Trava is the next generation of Lending Protocols, employing an innovative model of multiple lending pools created by users. This groundbreaking cross-chain lending development is something you have to check out if you ever wanted to create and manage your own lending pool, starting an online lending business and potentially earn big profits from …

Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization

Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond …

US legislators ask SEC to approve a Bitcoin spot ETF

Top lawmakers in the United States have urged the chairman of the Securities and Exchange Commission, Gary Gensler, to approve a spot Bitcoin ETF despite the recent approval of futures-linked BTC ETFs. Lawmakers want a spot Bitcoin ETF approved In the letter, signed by Tom Emmer and Darren Soto, the legislators questioned the commission’s logic …

Chainlink now secures over $75 billion on supported dApps

Chainlink, the market-leading blockchain oracle solution, has crossed $75 billion in Total Value Secured (TVS). By their nature, blockchains and the smart contracts built atop them are unable to connect with real-world data and systems. Chainlink solves this problem through the use of oracle networks that pull and aggregate data from the real world in …

New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan

Coinbase users can now borrow up to $1 million in cash using their Bitcoin as collateral, this information was revealed via the crypto exchange’s official Twitter handle. Coinbase users can borrow as much $1million in cash With this new feature, Coinbase customers in some selected states in the United States would be able to take …

How Pollen DeFi’s community curated Asset Index embodies ‘DeFi 2.0’ and creates ‘Crypto Meritocracy’

Pollen DeFi, the decentralized protocol that facilitates ‘hivemind’ weighting of asset pools that back up market-tradable tokens, today revealed their upcoming ‘Incentivised Beta’ platform release and details on how the ‘DeFi 2.0’ protocol will enable its unique community-managed financial instrument. The ‘Beta’ release, which goes live in December, will initially enable users to contribute to …

Binance funds a $116 million initiative aimed at developing a crypto ecosystem in France

Cryptocurrency exchange Binance has partnered up with France Fintech, a non-profit organization to accelerate the adoption of cryptocurrency in France. The $116 million initiative launched by Binance will assist in promoting crypto development in the region. The initiative was first disclosed by Binance’s CEO Changpeng Zhao. Binance’s new “objective moon” initiative The new initiative, known …

Finder’s Experts Expect Solana to Surpass $1,100 by 2025, Over $5K by 2030

At the end of October, the product comparison website finder.com published new survey data about price predictions concerning the leading crypto asset ethereum. On November 1, Finder’s researchers published price predictions for the ethereum competitor solana, as Finder’s panelists predict the digital asset is expected to reach $235 by the year’s end and $1,178 by …

Smartbch Defi Universe Expands — Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms

On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that between three decentralized finance (defi) protocols, there’s roughly …

KuCoin Labs Invest in Huobi-Backed SocialFi Platform to Expand Into Metaverse and NFT Space

press release PRESS RELEASE. The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies. 4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited …

Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages

Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation …

Binance funds a $116 millon initiative aimed at developing a cryptocurrency ecosystem in France

Binance › Bitcoin · Ethereum › France › Exchanges Crypto exchange Binance, in association with France Fintech, a non-profit company, will aid in the expansion of French and European blockchain networks and the emerging crypto ecosystem in the region. Juhi Mirza · November 4, 2021 at 12:00 pm UTC · 1 min read Cryptocurrency exchange …

Binance to track scammers behind Squid Game token that fell 99%

According to Barrons, an intelligence team from Binance is currently auditing the blockchain and is busy collecting relevant data and information that will assist authorities in capturing the perpetrators behind the Squid Game token scam. The lucrative SQUID crypto was inspired by the South Korean show “Squid Game” and had managed to soar high in …

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