The Algorand Foundation, which leverages a stable, universal platform to further blockchain adoption, on Friday (Sept. 10) announced the creation of the Viridis DeFi Program, a 150 million Algo fund that will support DeFi innovation on its network. Altogether, the fund is worth approximately $300...
El Salvador adopting bitcoin as an official legal tender has had an adverse effect on the coin’s value, sending it falling 10 percent, CNBC writes. El Salvador was the first country to adopt bitcoin as official legal tender. But it sent the price of the...
MVB Bank is working with Victor Technologies (a subsidiary of MVB Edge Ventures) and bitcoin-focused tech and finance firm NYDIG on integrating bitcoin into the banking-as-a-service solutions offered by MVB, a press release says. “On today’s rapidly changing financial frontier, we are proud to partner...
Aside from being the first country in the world to adopt bitcoin as legal tender, El Salvador’s move on Tuesday (Sept. 7) was monumental in several ways. It triggered a four-month-high price surge on Monday (Sept. 6), a Twitter campaign, a Reddit rally, and then...
El Salvador became the world’s first country to accept bitcoin as legal tender on Tuesday (Sept. 7) and marked the occasion by purchasing about $21 million of the digital currency, President Nayib Bukele said on Twitter. In several tweets, Bukele said that the country purchased...
Blockchain may be among the buzzier of buzzwords as 2021’s end is in sight and 2022 looms near. At a high level, the shared, immutable ledgers have the potential to change the way we interact with each other and with financial institutions. Jason Chlipala, COO...
Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from shady cryptocurrency investments promoted online. Randell, according to a report by Financial Times (FT), said it would take time to...
As the government in El Salvador readies to adopt bitcoin as legal tender on Tuesday (Sept. 7), a poll by the Central American University (UCA) shows that almost 70 percent of residents are not happy about it, Reuters and other media reported on Friday (Sept....
Twitter’s iOS Tip Jar for content creators — now in beta mode — suggests that bitcoin gratuities could be added, BeInCrypto and other news outlets reported on Wednesday (Sept. 1). When the Tip Jar was first rolled out in May, Twitter gave its users the...
