TrueFi launches on Optimism, expanding access to on-chain credit

Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders.  By launching on Optimism, TrueFi’s lender community will have access to a faster and cheaper user experience, as well as gain exposure to a wider pool of retail lenders. “TrueFi users […]

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Why are Bitcoin Miners Capitulating?

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin yet again failed to sustain its rally over $30,000 yesterday, as it was harshly rejected by the key $31,500 level. This level is critical to overcome for Bitcoin to rally towards $35,000. Some on-chain metrics suggest that the bottom may not be in sight yet and there could be more […]

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‘WeCryptoEco’ Opens the World’s Largest Solar Powered Farm to NFT Holders

WeCryptoEco, the brainchild of business visionaries James Ross and Roderick Chisholm, is exploding onto the scene. Founded in 2022, WeCryptoEco, the environmentally friendly crypto mining project, is changing the process by lessening the impact on the earth’s resources. At WeCryptoEco, the team is building the world’s largest solar-powered blockchain, AI, and bitcoin mining farm, instead of mining at all costs. […]

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PayPal enables transfer of digital currencies to external wallets

After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send and receive digital assets between PayPal and other wallets and exchanges. As of Tuesday, the feature is available to select U.S. users, with the feature expanding to all eligible U.S. users in the […]

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Crypto Investors Try to Remain Positive Despite Ongoing Crash

The crypto market has long been vulnerable to price swings and volatility. Things go up and down at a moment’s notice, and nobody really knows when price hits like the ones we’ve seen over the past few weeks will really occur. Crypto Investors Are Trying to Rethink Their Strategies That’s why many investors are doing all they can to get […]

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Singapore’s Cake DeFi Pays Record US$317 Million In Rewards To Customers

Singapore, Singapore, 7th June, 2022, Chainwire Cake DeFi, the fastest-growing Singapore-based Decentralized Finance (DeFi) platform, celebrated its third anniversary today with a key milestone. The company announced that it has paid out over US$317 million in rewards as of end Q1 2022 while continuing to see robust business growth of an average of almost 90% quarter-on-quarter since 2019.  “Our third […]

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Thales Announces The Launch Of Its New Referral Program

Madrid, Spain, 7th June, 2022, Chainwire Thales, an innovative DeFi protocol dedicated to parimutuel markets, has announced the launch of its affiliate referral campaign. The affiliate program will create on-chain incentives to gather new users, allowing them to earn by generating a referral link and sharing it with friends, traders, and potential buyers. The program is an excellent opportunity to […]

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Much-Awaited Crypto Bill Is Introduced! Bitcoin, Ethereum Among Others Fall Under Ancillary Assets!

Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a broad, joint crypto bill on Today. The bill aims to establish a complete set of laws over digital assets in the United States and give business advocates to fight for. Their proposal is excluding small-scale purchases of goods and services from taxation by keeping all payments under $200 tax-free. This […]

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