The ex IMF chief economist Raghuram Rajan said that public cryptocurrencies and private cryptocurrencies have a different role and both would be crucial to the global financial ecosystem.
The high Ethereum gas fee due to massive DeFi activity has pushed investors for other Layer 2 scalability solutions like the OMG Network.
During the last week, the cryptocurrency market has undergone a relative level of volatility. Price drops and spikes affected most digital currencies, especially bitcoin.
TRON is all set to jump into the DeFi wave as founder Justin Sun hints that TRON will become one of the top protocols for DeFi in the coming months.
A Fed board member has revealed that the central bank is working over the past few years for CBDC DLTs and how they would fit in the U.S. economic structure without disturbing the financial stability.
Top delegates from the financial world will be meeting on Wednesday, August 19, to discuss a viable design infrastructure for the Digital Pound and see how it fits in the country’s financial ecosystem.
The Bitcoin mining hashrate has surged despite the Bitcoin halving event in mid-May 2020 which reduced the mining rewards from 12.5 BTC to 6.25 BTC.
The DoJ has seized nearly 150 such suspicious accounts which had laundered money by running donation campaigns through social media.
The cryptocurrency market has had yet another interesting week, characterized by several price swings and trading volume modifications.
The DeFi market surge has pushed the user activity to surge on the Ethereum blockchain which has ultimately pushed the ETH gas fee and hashrate higher.