savings
Government Officials in Russia Expected to Declare Their Cryptocurrency Savings
Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.
MakerDAO, on the Significance of Multi-Collateral Dai and Dai Savings Rate
In part two of our interview with Gustave Arentoft, Business Development, Dai Speaker, MakerDAO: he shared with us the significance of the launch of multi-collateral DAI and Dai Savings Rate (DSR), as well as his favourite Dapps which integrates DSR.
Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value
Crypto Exchange Bit.com Establishes Toncoin Savings Product to Enhance TON Ecosystem
To enhance the growth of the TON community through the native token Toncoin, Singapore-based crypto exchange Bit.com has rolled out a savings product.
Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures
Bit.com, a Singapore-based crypto exchange owned by Matrixport, has launched a new savings product and USDT margined futures to diversify the cryptocurrency options offered.
Vitalik Buterin's Insightful Financial Advice for a Prudent Portfolio
Ethereum co-founder Vitalik Buterin advises on prudent financial strategies, emphasizing diversification, savings for financial safety, a conservative portfolio, and caution against over-leveraging, blending traditional and modern investment insights.
EY: How Blockchain Revolutionizes Tax Operations for Businesses in 2 Ways
Following Part 1 of the interview, we looked at Ernst & Young’s perspective on how blockchain can be an effective tool for huge tax savings. Jimmy also shared the progress of Nightfall, zero-knowledge proof technology on the role of privacy transactions on public blockchains.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Bank of Thailand Completes Digital Bond Issuance With Blockchain
Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance
US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers
The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.
How Can Blockchain Be Used to Save $31 Billion in Costs in the Food Industry?
Blockchain, along with the internet of things (IoT) trackers and sensors, could reduce costs for retailers. New data from Juniper research showed that blockchain will be essential to $31 billion in “food fraud savings” by 2024 by tracking food across the supply chain.
Ethereum-Based Akropolis DeFi Protocol Hacked, More than $2 Million Stablecoins Stolen
The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2 million DAI ERC-20 tokens.
Moody’s: Blockchain Technology to be Standardized in 2021
A research report published on September 5th by financial services company Moody’s stated that blockchain technology would most likely be standardized in 2021.
Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder
Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.
Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction
As the industry matures, crypto exchanges must face up to higher responsibilities. Crypto market is becoming to mirror that of traditional markets. Cryptocurrency exchanges, therefore, must reinvent themselves to maintain their relevance.
Is Wikipedia the Next to Join the Blockchain Revolution?
Since starting in 2001, the platform has increased to over 49 million pages and millions of articles. Each month, as many as 50,000 new articles are submitted and added to the site, meaning that storage and security are extremely important to its constant growth and usability.
Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot
As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.