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Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

Federal Reserve Bank Sees Nationwide Outage Days After Treasury Sec Says Bitcoin is "Extremely Inefficient"

The Federal Reserve Bank suffered a massive outage on its system, lending credence to the superiority of Bitcoin as a decentralized network.

Binance Now Accepts Fiat Payments Through Alipay and WeChat

Binance Now Accepts Fiat Payments Through Alipay and WeChat

In light of advancing the company's market outreach, Binance CEO Changpeng Zhao confirmed on the 9th of October in a tweet that Binance now accepts Fiat payment through Alipay and WeChat.

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing

Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

Blockchain May Jeopardize London’s Financial and Tax Collection Systems, Proclaims John Straw

John Straw, a senior advisor to IBM and McKinsey, has warned that blockchain could render the financial service sector in London irrelevant. He also noted that the city’s banks could be destroyed, making the collection of corporate and personal taxes cumbersome.

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.”

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin

United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package and will vote shortly, what will this mean for Bitcoin and crypto?

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave Reaches Highest Total Value Locked in DeFi, Overtaking MakerDAO for Most Collateral Staked

Aave, an open-source and non-custodial lending protocol, recently reached $1.47B of crypto assets staked, overtaking MakerDAO, which has $1.45 billion in TVL.

Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

Federal Reserve Backs Ethereum Powered AMERIBOR as a Viable Replacement in Setting Interest Rates

US Federal Reserve Chairman Jerome Powell backs the replacement of LIBOR with AMERIBOR. AMERIBOR is an Ethereum based lending protocol that is aimed at removing the inadequacies of the LIBOR index.

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

Uniswap Anticipates Voting Outcome on Second Governance Proposal of a 5 million UNI Airdrop

The Uniswap community is currently voting on its second governance proposal for distributing 5 million UNI governance tokens to the DEX's users.

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

ASIC Bans BitConnect National Executive for His Part in Multi-Billion Dollar Crypto Ponzi Scheme

Australian Securities and Investments Commission (ASIC) has officially banned a former National Representative of BitConnect from providing financial services for seven years.

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