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YeFi.one functions as a staking platform dedicated to acting as a DeFi protocol. With staking currently being its primary feature, YeFi.one allows users to earn passive interest simply by depositing crypto assets in its dApp. The dApp itself was created to be simple to use, which is beneficial
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Developers can use blockchain technology and cryptocurrency projects in a wide variety of services and products. Tackling new ideas and concepts by disrupting industries from within will help put these sectors on the map. For example, Eno, the token for the wine industry, has some interesting potential use cases for
Moving forward, the United Kingdom Advertising Standards Authority (ASA) will scrutinize all marketing related to cryptocurrencies, especially on social media. Amid the U.K.’s seemingly harder stance on crypto regulations stance on the cryptocurrency business, authorities are planning to launch an effort this month to hunt and shut down
Apple co-founder Steve Wozniak has once again publicly voiced his backing for digital assets as he opined that “Bitcoin is a mathematical miracle”. Wozniak has joined the likes of Twitter’s Jack Dorsey, who openly express their support for cryptocurrencies. In a report by El Sol de México, Wozniak stated
Leading crypto exchange Binance has yet again come under regulatory fire. The Polish Financial Supervision Authority (PFSA) released a statement on Wednesday warning consumers of the growing regulatory issues Binance is facing around the world. According to the regulatory body, the exchange is operating unregulated in Central European countries. The
In a statement released on Thursday, an official of Thailand’s Central Bank insinuated that firms who insist on using digital assets such as Bitcoin (BTC) and Ether (ETH) are treading on thin ice. Ms. Siritida Panomwon Na Ayudhya, who is the Assistant Governor of the bank’s Payment Systems
London-based hedge fund Marshall Wace has disclosed its intention to delve into the crypto investment space. With $55 billion in assets under its management (AUM), the hedge fund is undoubtedly one of the big players on the block. The company is looking to invest in blockchain technology and payment systems
In a letter addressed to the chairman of the U.S. Securities and Exchange Commission (SEC), Senator Elizabeth Warren has warned of the risks associated with cryptocurrencies. The crypto skeptic senator demanded answers from the SEC on cryptocurrency regulations come July 28. While demand for cryptocurrencies and the use of
Last month, El Salvador’s president Nayib Bukele proposed a bill to make Bitcoin a legal tender. The bill was passed by the Salvadoran Legislative Council on June 9. Amid all the hype around the move, it appears the development has not gone down well with most of the country’
Santander UK has reportedly blocked its users from making payments to Binance. The bank notified clients via Twitter that it would be blocking payments to Binance until further notice due to crypto fraud. According to the company: Keeping our customers safe is a top priority, so we have decided to
The cryptocurrency arm of Robinhood is facing a charge of at least $10 million for allegedly violating state rules on cybersecurity and anti-money laundering (AML). The firm made the disclosure in a filing last week. The company, in the July 1 filing, said that it was being accused of discrepancies
Leading cryptocurrency exchange Binance has joined the growing list of websites that have been blacklisted by China. On the evening of July 8, Beijing time, many users found that the Binance APP appear to be blocked in China and must use a VPN to log in. — Wu Blockchain (@WuBlockchain) July
Visa Inc. revealed on Wednesday that more than $1billion worth of cryptocurrency spending activity was performed by its consumers in the first half of 2021. With more than $1 billion spent on crypto-linked Visa cards in the first half of 2021, it’s clear that the crypto community sees value
Software company Meitu Inc. has reportedly lost up to $17.3 million on its Bitcoin investments. On the flip side, amid the recent crypto market crash, the firm saw a profit of about $14.7 million on its Ether holdings. The Hong Kong-based firm, popular for its Photoshop filter app,
According to new policies from German regulators, institutional funds can now invest in cryptocurrencies. The new law, which was implemented at the beginning of the month, gives the German Spezial-AIF special funds the right to invest in digital assets. The regulation specifically applies to assets held in the specialized funds
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Now that you know, you are curious to know about the Citrus token. Here is a brief detail about it. Citrus is a newly launched Binance smart chain token that aims to boost the gaming industry and gaming by integrating blockchain systems into the games. Citrus introduces the next generation