Magic Internet Money races past $1B, sets sights on MakerDao
Abracadabra Money enables users to provide collateral via interest-bearing bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.
Two Month’s Into Launch and MiamiCoin Protocol Generates $10 Million for Miami City
It’s just two months since the launch of MiamiCoin (MIA), the native crypto for the City of Miami, and the protocol has already generated $10 million in revenue for the city. The MiamiCoin has been powered by CityCoin using its own programmable blockchain Stacks (STX).
Amount of ETH held by miners reaches highest level since 2016
The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell.
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
George Soros' Fund Holds Bitcoin, CEO Says Cryptocurrency Has Gone Mainstream
Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.”
Billionaire Mark Cuban Says Consumers Prefer Paying in Dogecoin Rather Than Bitcoin – Here’s Why
Famed billionaire Mark Cuban says that consumers are favoring Dogecoin (DOGE) over Bitcoin (BTC) in terms of making payments.
Binance Plans to Establish New Offices in Ireland
Binance is planning to establish new corporate offices in Ireland, according to reports from Reuters today.