Jack Dorsey-led Square Inc announced today that it had acquired 4,709 bitcoins at an aggregate purchase price of $50 million. The purchase makes Square the
Category: News
Major Financial Institutions Take Large Stake in Crypto Mining Companies
Crypto investors from around the world have long been taking a very keen interest in what major financial institutions are doing when it comes to
Uniswap beats Coinbase’s trading volume in September
The top DeFi project, Uniswap, managed to outperform Coinbase’s monthly trading volume for September. The project’s volume has been nearly $2 billion higher than that
Pakistani High Court Questions Two-Year-Old Blanket Ban on Bitcoin
Bitcoin and cryptocurrency enthusiasts in Pakistan has some good news to cheer on this week. A high court ruled in favor of the new industry
Filecoin Mainnet Set to Finally Launch in Mid-October
Blockchain technology has been able to change the way that we do business and the capabilities for storing, sending, and receiving data. One of the
Bitfinex launches a new product which takes it beyond crypto
Bitfinex decided to expand its offering by launching equity index derivatives. The exchange stated that the move is similar to what CME did by adding
The Bahamas announce the launch date of their CBDC
The Bahamas is about to launch its CBDC in mid-October, according to yesterday’s announcement. The country’s central bank confirmed that the launch will take place
ETH Fees on Meteoric Climb to All-Time High
If you have sent Ethereum lately, you know that the cryptocurrency is currently experiencing all-time high fees and congestion on the network. As a cryptocurrency
A new yield-generating DeFi platform takes the spotlight
Binance-backed Kava Labs recently launched its yield-generating DeFi platform, Harvest, which will allow users to stake non-Ethereum tokens, thus bringing DeFi functionalities to much larger
DeFi: SushiSwap Price Spikes as Community Braces for $14M SUSHI Buyback
The price of DeFi-focused token, SUSHI, has seen a decent 7% rise on the day. The increase pushed the price of SUSHI above $2.66 before