What’s holding back DeFi and keeping the masses away
DeFi has the potential to revolutionize finance, but hacks, poor user experience, and a lack of a regulations make many wary, writes Arthur Firstov of Mercuryo.
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Bitcoin dips under US$27,000, Ether falls, Litecoin leads winners, U.S. equities bounce back
Bitcoin fell Friday morning in Asia to trade below US$27,000. Ether and most other top 10 non-stablecoin tokens traded flat to lower. Litecoin gained.
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What’s next for crypto miners after US debt ceiling deal?
Top blockchain and crypto news: Miners dodge tax bullet. Blur, Binance heat up NFT lending. Chinese cities’ plans reveal nationwide Web3 ambition.
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Bitcoin drops below US$27,000 with Cardano leading losses
Bitcoin fell 1.36% to US$26,805 in 24 hours. Ether slipped 0.82% to US$1,854.
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Bitcoin mining difficulty rises 3.4% to all-time high as hashrate jumps
Bitcoin’s mining difficulty level rose 3.4% on Thursday to an all-time high, as the network’s hashrate also increased to a record high.
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Bitcoin logs monthly loss, Ether retreats, XRP leads losers, U.S. equities slide
Bitcoin fell on Thursday morning in Asia to post the first monthly loss of the year. Ether and all other top 10 non-stablecoin tokens also traded lower.
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Hong Kong to be digital asset rules sandbox for China, says former city regulator
Virtual assets will receive the same regulatory clarity in Hong Kong as their real-world counterparts, says former Hong Kong SFC regulator Angelina Kwan.
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Bitcoin, Ether in red, XRP lone gainer in top 10
A downturn impacted Bitcoin and Ether, along with the majority of top 10 non-stablecoin cryptocurrencies in Wednesday’s Hong Kong trading session. XRP remained the sole exception, maintaining its positive performance from the morning.
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UAE and Hong Kong central banks to collaborate on crypto regulation
The Central Bank of the United Arab Emirates and the Hong Kong Monetary Authority have agreed to strengthen cooperation in regulating virtual assets.
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Bybit crypto exchange follows Binance in exiting Canada amid tightened rules
Dubai-headquartered Bybit said it will exit the Canadian crypto market and stop accepting new accounts from Wednesday, citing a “recent regulatory development.”