The balance sheet of the European Central Bank (ECB) has risen to 77% of the Gross Domestic Product (GDP) of Eurozone which includes Germany, France, Italy and Spain. ECB’s balance sheet has risen to €7,657,629 million, not far off from doubling in 2020 from about €4.7 trillion. Eurozone’s GDP in contrast has fallen to now about €10 trillion, its lowest […]

Decentralized finance began growing rapidly in the summer of 2020. Two years after the 2018 introduction of DEXs, or decentralized exchanges, made it possible for onchain token swaps, plethora of other decentralized applications, or dApps, and platforms began running on Ethereum.  A healthy DeFi ecosystem reached a maturation point that began hoovering value last summer, and DeFi saw its total […]

Chinese regulators in the Hainan province have warned residents not to involve themselves in cryptocurrency-related fundraising activities, as they are illegal in the island province.  Hainan Cautions Against Illegal Crypto-Related Fundraising Activities According to Reuters on Thursday (June 3, 2021), a report by Nanguo Metropolis Daily stated that the local branch of China’s central bank, the People’s Republic of China […]

Bitcoin came to life in 2009. More than a decade later, the present day looks back on an enormous amount of development that has built a surrounding industry, complete with other blockchains, assets and solutions. Some folks knew about Bitcoin (BTC) in its early years, while others have jumped on the train in varying droves since then. Looking back through […]

AquaGoat is an ecological social cryptocurrency with a purpose: saving the planet’s oceans. AquaGoat aims to help fund and donate to initiatives focused on cleaning and protecting the planet’s oceans and waterways, all while generating income (yield-generation) and value to its holders. Since the project began on April 7, 2021, AquaGoat has donated to three charities: The Ocean CleanUp, an […]

The trustee appointed to administer the remaining assets of failed cryptocurrency exchange Mt. Gox has said creditors can now vote on a proposed rehabilitation plan, with the opening of an online voting facility. Court-appointed trustee Nobuaki Kobayashi had already filed the plan with a Tokyo District Court in late 2020, before subsequently publishing a revised plan in February 2021. The […]

At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments on crypto wallets.  “At the end of the year, if you think about it, Secretary Mnuchin was talking about banning private wallets,” Davidson said, responding […]

ADAX is an automated market maker that serves users on the Cardano network with the goal of revolutionizing transactions. The project was created to enable traders to transact smoothly on the Cardano network. ADAX stands to become a powerful trading platform with its trustless facilitations of token swaps, broader reorientation, and non-fungible token (NFT) trading. Notably, ADAX is an automated […]

TCS Group, the operator of Russia’s largest online bank Tinkoff, has entered into an agreement to buy a 7.5% stake in the St Petersburg Exchange, which is the country’s major exchange for trading foreign stocks. According to the announcement, the exchange already had business deals with TCS Group through the Tinkoff-own Investments platform. With the acquisition, the operator expects to […]