The stability of cryptocurrencies like Bitcoin, Ethereum, and USDT is making them a popular alternative to local currencies. In Latin America, citizens are increasingly turning to cryptocurrencies due to the high inflation rates of their local currencies, especially in countries like Argentina and Venezuela, where inflation rates are nearing 100%
Further to the article on SEC launches two high profile lawsuits towards Coinbase and Binance, we dredge on BlackRock filing for Bitcoin spot ETF. BlackRock, one of the biggest asset management firms has filed for Blockchain exchange-traded Fund (ETF) with the US Securities and Exchange Commission (SEC) on 15th June
In this article, we delve into the groundbreaking ways blockchain is transforming the world and solidifying its position as the future of technology.
In the world of Decentralized Finance, Bitcoin has always been an outlier. However, the wait is over after extensive development as ckBTC is being rolled out on the Bitfinity Wallet, marking a significant but underreported development for BTC in DeFi. Let's look at what ckBTC is and how it works.
If you've been paying attention to crypto news lately, you've probably heard about Ordinals. From an outsider's perspective, the Ordinals protocol, launched by software engineer Casey Rodarmor on January 21, is a seemingly innocent bit of coding that allows NFTs on the Bitcoin blockchain.
DeFi for Bitcoin would require technical innovation and community support to become a reality. However, given the increasing demand for DeFi applications and the growing interest in Bitcoin as a store of value, it's likely that we will see more experimentation in this area in the coming years.
Compared to cBTC on Cardano, ckBTC integration on the Internet Computer offers a more efficient and direct approach to Bitcoin integration. It eliminates bridges and processes transactions at Web speed, reducing the risks and other costs associated with DeFi.