The measure in Paraguay was adopted with changes by the country’s Chamber of Deputies. As the measure gets closer to becoming law, it will be sent back to the Senate. Paraguay is the newest country to join the Web3, blockchain, and cryptocurrency revolution. Following the adoption of bitcoin as legal cash in El Salvador and … Read more
According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward more usage of digital payments, and an official digital version of the US dollar might help protect the country’s worldwide supremacy when other governments issue their own. According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward … Read more
What exactly are Shitcoins? The term’shitcoin’ is debatable, as it may apply to cryptocurrencies with no discernible purpose or meme tokens. The phrase is also used for projects that are possibly cheap or have a market capitalization of less than one billion dollars. If you, like many investors, want to take a chance on the … Read more
Babel Finance, a cryptocurrency lender and asset management located in Hong Kong, said on Wednesday that it has secured $80 million in a fresh investment round valued at $2 billion. Jeneration Capital, Circle Ventures, and 10T Holdings, as well as current investors Dragonfly Capital and BAI Capital, participated in the Series B investment round. A … Read more
According to a tweet from the Terra blockchain protocol, developers behind the failed stablecoin TerraUSD have chosen to ditch the token in favor of building a new blockchain and digital asset weeks after the cryptocurrency crashed. TerraUSD’s value was created by complicated computational procedures, connected to another matched token called Luna, unlike most other major … Read more