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Lending Tokens See Broad Declines in June, But One Altcoin Stands Out


  Lending and borrowing in the crypto space are facing scrutiny, with many blaming just that activity for the latest crypto market sell-off. But how have the tokens in this category really performed during the market rout? We took a look to find out. The list contains tokens in the Lending...

Concordium Rolls Out the New Sirius Upgrade


The official newsletter from Concordium announced the successful implementation of its Sirius upgrade on June 23. The new upgrade will be integral to pool delegation and smart contracts in the network. Sirius is the major release from the Concordium network in recent times. Concordium defines...

BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off


The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...

US lawmaker lays out case for a digital dollar


"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin


The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Sberbank to Conduct First Digital Asset Transaction on Own Platform


Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low


On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Bitcoin Cash (BCH) Despite yet another red wave in crypto markets...

Bank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months


A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months. Moreover, nearly 40% of respondents revealed that they use cryptocurrency as a means of payment. Bank of America’s Crypto Survey Bank of America (BOA) analyst Jason...

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