The whitelist of users for the pilot phase of the digital yuan has reached 10 million, Vice President of the People's Bank of China (PBoC), Fan Yifei, has hinted during a State Council's regular policy briefing. The top bank official made the point as he answered questions at the br...
The current circulating Bitcoin supply (2.4M BTC) held in exchange wallets has reduced from 16% at the beginning of the year to 12.9%, latest data from Glassnode shows. Along with the analysis comes its finding that Coinbase (4.9%), Binance (1.6%), Huobi (1.1%) and OKEx (1.1%) remain t...
As the People's Bank of China (PBoC) publishes a commentary that points out that China needs to become the first nation to issue a digital currency to internationalize the yuan and reduce its dependence on the global dollar payment system, local media report that the bank's Digital Curren...
Is TVL really the most valuable metric in DeFi? Compound’s COMP token recently triggered a massive yield farming effect within the DeFi ecosystem. Numerous headlines suggested the category had reached an all-time high value. According to defipulse.com, the DeFi sector has now s...
A token research team's investigation has claimed it found that the recent unprecedented movement in Hong Kong has gradually improved behavior changes regarding the use of crypto assets among Asians especially Chinese. Amun's finding suggests that USD-pegged stablecoins, in particular, have...
Recent analyses suggest that stable coins may be in for an unprecedented usage growth starting from this year. An Harvard Business Review article hints that the U.S. Federal Reserve's announcement that it’s investigating the possibility of issuing its own digital coin is likely pushing ...
The suggestion in the latest Blockchain Service Network (BSN) whitepaper that Ethereum - as well as EOS - will be included in China's blockchain platform could be a big win for the top smart contract platform once the Chinese initiative is fully operational. Led by the State Infor...
Tether, the world’s first and by far the most popular stablecoin, has just surpassed $6 billion in market capitalization. While the number might not seem high when compared to Bitcoin’s $117.75 billion and Ethereum’s $14.63 billion market cap, it’s still a huge achievement for a relatively n...
The ongoing turmoil caused by the coronavirus outbreak has left markets across the globe in shambles. Nothing seemed to be immune to the panic, with both the stock market and the crypto market seeing massive sell-offs in the past three weeks. However, while stock market investors have mostly f...
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