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Decentralized mortgage lender Bacon Protocol officially launched on Tuesday, allowing cryptocurrency investors to participate in the housing market through a new stablecoin that’s backed by USD Coin (USDC) and home loans. In addition to launching its protocol, Bacon announced Tuesday that it is holding a public sale of bHome token, which
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China is sparing no efforts to accelerate its blockchain development, with a growing number of patents related to the emerging technology. Wang Jianwei, a deputy head of the information technology development division at China’s Ministry of Industry and Information Technology, said on Monday at a forum that China currently has over
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Bitcoin (BTC) is trading lower after sellers responded to resistance near $45,000. The cryptocurrency is down about 4% over the past 24 hours to $41,909 as upside momentum slows. Support is nearby at $40,000, which could stabilize the pullback.The 100-period moving average on the four-hour chart continues to cap upside
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Last week, the People’s Bank of China (PBoC) took another firm step toward limiting the use of decentralized digital assets, “vow(ing) to end illegal mining and stop offshore exchanges from conducting business with its citizens.” From their latest moves, they have made any transaction in cryptocurrencies other than the digital
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The marketplace is launching with four issuers, mostly venture capital firms in the blockchain and digital assets market, but Securitize plans to draw in firms from outside the crypto ecosystem in the future. In the coming weeks, four more issuers are expected to join, including digital wallet firm Exodus, which
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The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending remittances. This search for
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The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year, according to new research from blockchain analytics firm Chainalysis. The report, which was released Tuesday, found that the CNWE region
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Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cryptox en Español reports.Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions to other fiat currencies as well as
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Undoubtedly, climate change has brought numerous problems to the world. The activities of man, which mainly centers on industrialization, have created a grave issue that will only take the combined efforts of everyone to solve. Although we can’t dispute the countless benefits of industrialization, the climate is the one paying
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The crypto market leader is trading near $41,800 at press time, down 2% for the week, having bounced from $41,000 to $44,000 over the weekend. Gold is nursing a 0.5% loss at $1,740 per ounce, while the dollar index, which tracks the greenback’s value against majors, has jumped to 1.5-month
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