Coinbase stated Tuesday that it has formally listed dogecoin on Coinbase Pro, a huge milestone that exposes the “joke” cryptocurrency to one of the world’s top bitcoin and crypto exchanges, after teasing it earlier this month. In a blog post, Coinbase stated that it will “immediately” begin accepting inbound dogecoin transfers to Coinbase Pro in…
Defi protocols generated more than $370 million in revenue during May Decentralized finance (Defi) protocols built on Ethereum produced all-time high revenues in May, according to data compiled by The Block. Taking the top spot for the month was Uniswap, reaching $153.9 million (41.4%) of the $371.6 million total monthly Defi protocol revenue. Sushiswap had…
The Eth2 deposit contract currently has over 5.2 million staked ether worth over $13 billion locked into the smart contract, according to statistics. On November 4, 2020, the contract became life, and three weeks later, it had reached the required level to start the Beacon Chain. It’s not cheap to become a validator these days,…
According to the Central Bank, the April 6, 2018 circular requesting banks to stop crypto payments is no longer legitimate and should not be mentioned. The banks, on the other hand, must continue to conduct customer due diligence in accordance with the rules, according to the report. ICICI Bank, HDFC Bank, SBI, and Paytm Payments…
Indian central bank clarifies regulations as local banks shun crypto Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. India’s central bank has issued an official notice regarding the fact that local banks are reportedly cautioning customers against using cryptocurrencies like Bitcoin (BTC). 2…
Some banks are invoking a prohibition on crypto trading issued by India’s Central Bank in 2018, which was overturned by the Supreme Court last year. Users have been contacted by HDFC Bank and SBI Bank regarding cryptocurrency investments. Earlier this month, India’s banks began removing services from cryptocurrency exchanges. HDFC and SBI Bank Banks are…
