Miami wants to overtake Silicon Valley as the most Bitcoin-friendly place in the U.S. Miami city employees could soon choose to get their salaries paid in Bitcoin rather than USD. In an interview with Forbes, Mayor Francis Suarez said tangible…
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Pioneering Aussie engineer refinances home loan using DeFi in a single day
After hitting a wall with banks, a borrower has turned to DeFi to pay off his mortgage. A software engineer has taken decentralized finance to a new level of practicality, by paying off his mortgage with Commonwealth Bank of Australia…
LUNA doubles in price after $25 million investment by Galaxy Digital
The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology. LUNA, the native coin of the Terra blockchain, shot up another 37%…
Crypto Asset Manager Bitwise Files to Publicly Trade Bitcoin Fund
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to deploy its shares publicly via…
Bitcoin and Ethereum held on exchanges drops to a multi-year low, here’s why
Lucrative DeFi investing opportunities and increasing participation from institutional investors are driving the amount of Bitcoin and Ethereum held on exchanges to new lows. Recent global developments have put a spotlight on the cryptocurrency sector as people across the world…
Mark Cuban talks Bitcoin HODLers and blockchain stocks in recent AMA
“Stocks will be on the blockchain in the future,” predicted the billionaire. Jumping on the r/Wallstreetbets subreddit for an “ask me anything” session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing and various crypto-related…
Ethereum derivatives data suggests traders expect prices above $2,000
Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future. After marking a new $1,477 high on Jan. 24, Ether’s (ETH) price was shaken down to…
Kenetic co-founder purchases .NFT domain extension for $84K
“The possibilities of the NFT domain are endless,” said Jehan Chu. In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of “NFT” subdomains on…
Robinhood CEO to reportedly testify before US House committee over GameStop
Regulators want to know the details of the GameStop short squeeze. Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks.…
Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform
Global music distribution service Ditto has unveiled the latest addition to its service lineup for musicians with a blockchain-based financing platform named Opulous. Opulous Peer-to-Peer Lending Platform Serves as a Loan Pool Designed to Help Artists Ditto continues its efforts…