Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allows the use of Bitcoin on non-native blockchains for decentralized finance (DeFi), cross-chain transfers and nonfungible tokens (NFTs), among others. interBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according
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The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
How do you start investing? Where do you begin? What are the best things you can do to start? We answer those and many other questions in our latest series – Investing 101. Join us in our first video of the series to find out more about the compound interest effect and what it does
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The Goerli testnet was successfully merged to the proof-of-stake (PoS) network, marking the final step before Ethereum’s mainnet transition. The triumphant final testnet merger means the mainnet transition slated for Sept. 19 could go as scheduled. Goerli is the third and final testnet after Ropsten and Sepolia that makes Ethereum’s final rehearsal before its official
Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000. Bitcoin Bitcoin (BTC)
The writer is a senior fellow at the Carnegie Endowment for International Peace and a former Russian diplomat The Russian Embassy in the UK sparked outrage and fierce criticism recently when it tweeted that prisoners of war from Ukraine’s Azov battalion, who had defended the city of Mariupol right up until the bitter end, deserved
Soaring oil use for power generation in Europe and the Middle East will boost crude consumption for the rest of the year, the International Energy Agency said on Thursday, as it increased its global demand forecast despite signs of a wider economic slowdown. Paris-based IEA, which is primarily funded by OECD members, said record European
In this article UTZ WRBY GOOS-CA SIX DIS CAH Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop
Law enforcement officials in Minsk are seeking international assistance to locate and detain the man who ran what is said to be the biggest online exchanger for cryptocurrencies in Belarus. The crypto trader has been accused of tax evasion and an investigation against three of his accomplices has estimated the losses for the state at
A few years ago, we were told that self-driving cars were just around the corner and would soon be pulling up at the kerbside. Then, when the fiendish complexities of developing and deploying the technology became clearer, we discovered they were stuck in heavy traffic many blocks away. But it would be wrong to conclude
The Nigerian fintech unicorn, Flutterwave, reportedly said it submitted an application for a payment service provider license to the Central Bank of Kenya back in 2019. The fintech also said it has remained in constant contact with the central bank and is hopeful it will get the license. CBK Allegations The Nigerian fintech giant Flutterwave
Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin retracement warnings intensify near $25,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $24,750 on Bitstamp, marking its best performance
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news follows Celsius customers begging the bankruptcy court to release funds over
Asian shares rallied and European stocks ticked higher after data showed that inflation in the US had steadied, boosting investors’ hopes that the Federal Reserve will soften its approach to tackling rising prices. In Europe, the Stoxx 600 gained 0.4 per cent at the open, while the FTSE 100 slipped 0.2 per cent and Germany’s
Ethereum’s native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators. Ethereum chain split means more tokens A big part of Ether’s ongoing rally has appeared due to
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created in order to facilitate exchanges between the regulator and “companies involved in the innovative financial technology sector.” Portal to Help Promote Development of New
US petrol prices have dropped below $4 a gallon for the first time since Russia’s invasion of Ukraine, as fears of a looming recession put the brakes on soaring fuel markets, tempering rampant inflation. The average price of a gallon of gasoline tumbled to $3.99 on Thursday, according to motoring group AAA. That leaves the
After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am UTC, Aug. 11. The Goerli testnet merge has been finalized without any major issues today, suggesting that there will be no delays to the tentative Ethereum Merge date set for
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