Karura Swap has opened trading for the Kusama/Karura — KSM/KAR — pair as the platform becomes one of the first DEXs to launch on Polkadot and Kusama. Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange…
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Amazon seeks new exec to oversee digital currency strategy
The new Amazon position requires a deep understanding of the digital currency and cryptocurrency ecosystems and related technologies. Tech giant Amazon is looking to dive into digital currency and blockchain development with a new major hire within its payments-focused team.…
Axie Infinity refreshes record high as AXS ascends 131% in just 3 days
Traders flock to the gaming cryptocurrency in the wake of a sector-wide price rally, but its gains are comparatively higher — much higher. The price of Axie Infinity’s native token, AXS, more than doubled in just three days of trading…
Bitcoin is key to the future of Twitter, Jack Dorsey says
The Twitter CEO sees opportunities to integrate Bitcoin into services such as commerce, subscriptions and new features such as Twitter Tip Jar and Super Follows. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, will be one of the key…
Coinbase and top execs face securities class action over Nasdaq listing
Alongside Coinbase itself, the class action names CEO Brian Armstrong, CLO Paul Grewal, other top executives and several of its venture capital backers as defendants. A Coinbase shareholder has filed a securities class action against Coinbase for allegedly misleading investors…
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected…
Paxos Standard Presents Assets Backing Its Stablecoins
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether…
Bitcoin mining is becoming vastly more decentralized in 2021
Data shows anonymous entities becoming an ever larger force on the Bitcoin mining scene this year and last. Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing. According to…
Nigeria to pilot central bank digital currency in October
The Central Bank of Nigeria will start the pilot of its central bank digital currency, which runs on the Hyperledger Fabric blockchain, on October 1. For much of 2021, the Central Bank of Nigeria (CBN) has been in the headlines…
Binance US ‘looking at IPO route’, CZ says
Binance is set to face heavy regulations in the future with the mindset of shifting from a tech startup to a financial service, Changpeng Zhao said. Binance US, a United States-based cryptocurrency exchange operating separately from Binance, is looking to…