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Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law


The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...

Rubic Enters Into a Collaboration with Swift Finance


Rubic, a renowned Decentralized Finance hub operating on a multi-blockchain structure, has announced its latest collaboration with the Avalanche-based Swift Finance Network. The proposed partnership will prove advantageous for the involved parties as Swift will launch the Rubic Relay Widget on...

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF


Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin...

PlayStation 5 Ends Switch's Three-Year Run As Best-Selling Console


After almost three years as the top-selling console in the U.S., the Nintendo Switch has been ousted by Sony’s PlayStation 5. According to Mat Piscatella, an NPD analyst, the PS5 was the best-selling gaming hardware platform in both units sold and overall dollars earned in September 2021. Read more

Can Portal Unlock Bitcoin’s Potential to Truly Decentralized Finance?


Decentralized finance (DeFi) protocols and platforms have become increasingly popular during the past few years. One of the main value propositions of DeFi is to provide seamless lending, borrowing, and digital asset staking services without requiring the assistance of third parties to finalize...

Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly


The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that...

Impossible to Run Away From Cryptocurrencies Says Zimbabwe Finance Minister


Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s youth are now invested in cryptocurrencies....

UniLend Finance Introduced Unilend V2 with Isolated Dual Asset Pools


UniLend Protocol is about to take a major leap forward, accepting any token for loaning and disrupting the $500 billion untapped industry. They’re ready to provide the most major technological advancement to their 100K-strong membership and the broader DeFi network. UniLend’s company...

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings


A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with...

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