Thursday, July 18, 2024
Home > Boost

Cosmos Hub greenlights ATOM inflation cut for security boost

The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token, Cosmos (ATOM), from 14% to 10%.According to the proposal, the authorized modification would reduce ATOM’s annualized staking yield from around 19% to approximately 13.4%. The Cosmos Hub is the primary blockchain

Read More

Bitfarms secures $44m from U.S. investors to boost Bitcoin mining ops

Bitfarms announces a $44 million private placement with U.S. investors to expand its Bitcoin mining infrastructure and strengthen its working capital. Bitfarms Ltd., a Canadian Bitcoin mining company, has initiated a private placement deal with U.S. institutional investors to raise approximately $44 million ($60 million CAD). This strategic deal, set to

Read More

India’s Controversial TDS Crypto Tax Should Be Cut if the Government Wants to Boost Revenue, Transparency, Esya Centre Urges

The tax, a form of income tax known as TDS, has prompted as many as 5 million crypto traders to move their transactions offshore, and has cost the government a potential $420 million in revenue since it was introduced in July, 2022, according to the study by the Esya Centre. Source

Read More

TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator

As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient and expensive. International wire transfers, which take days and double-digit dollar fees in most cases, are a perfect embodiment of the current state of

Read More

Ripple Partners with Uphold to Boost Cross-Border Crypto Payments

The collaboration with Uphold comes shortly after Ripple celebrated a recent triumph in its ongoing legal battle with the US SEC.  Blockchain payment infrastructure company Ripple has secured a new partnership with Uphold, a US-based crypto-focused financial firm known for providing innovative solutions to streamline business offerings. The new partnership, announced on

Read More

Asset Tokenization Gets a Boost by Euroclear Facilitating World Bank’s Digital Bond Issuance with Citi, TD Securities Assisting

"Today’s launch marks an important moment for our clients and for the potential of digital assets, Lieve Mostrey, CEO of Euroclear, said in the press release. "We strive to deliver technology solutions that empower investors, foster market transparency and support the growth and stability of all market participants." Source

Read More