Many people have probably encountered this problem: holding cryptocurrencies at a value lower than the purchase price. Selling them would result in a loss, but the money is still needed. These days, there’s a simple solution: simply use your crypto as collateral for a loan, and you can easily get the money you need. What […]
BTCB (Bitcoin BEP2) is a token created by Binance to represent Bitcoin (BTC) on the Binance Chain and BNB Smart Chain networks. It is backed by a 1 BTC to 1 BTCB to make it easier for users to access Bitcoin’s liquidity, as well as use it in the world of DeFi and trading on […]
The cryptocurrency market altcoins showed signs of a potential turnaround on August 21st after a period of bearish sentiment, with several altcoins experiencing modest gains that pushed the total market capitalization above $3.9 trillion. LINK and BNB lead the change Altcoin comeback After a period of bearish sentiment, the cryptocurrency ecosystem is showing signs of […]
With the increasing government control of crypto exchanges, crypto traders are increasingly fleeing traditional exchanges to decentralized exchanges, raising concerns about the government’s inability to fully regulate them. As the saying goes When you hope to control human freedom or finance, you may end up with nothing left to control. Definition decentralized exchange (DEX) A […]
MetaMask is preparing to launch a new stablecoin called MetaMask USD (mmUSD), partnering with Stripe to issue and manage the underlying infrastructure. MetaMask is reportedly planning to join hands with Stripe to introduce a stablecoin called “MetaMask USD” in an initiative that was announced via a governance proposal. The ultimate aim of the stablecoin would be to […]
Traditional finance, often referred to as TradeFi, encompasses all aspects of the traditional financial system, such as banking, the stock market, the bond market, venture capital, and hedge funds. Decentralized finance (DeFi) emerged as an alternative, allowing people to trade financial instruments, lend, and borrow without relying on centralized intermediaries. Some see these two concepts […]
Thai private companies are marching forward to test the use of a fixed-value digital currency (1 baht) under the Bank of Thailand’s sandbox. True Money is preparing to launch THBT on the Base blockchain, following Bitkub Blockchain’s announcement yesterday of the limited-use THBK in partnership with J Ventures. What is Thai Baht TrueMoney (THBT)? Thai […]
The economy is slowly changing its structure. The system that once elevated the lower classes to the middle class is losing its power. The middle class, once the heart of the economy, is becoming narrower, weaker, and powerless.The “Collapse of the old middle class a warning sign from the modern world“ Middle-class jobs are no […]
