business

Mind the Gap: Why ETH Price and DeFi Adoption Aren’t in Sync

In his 1991 book, “Crossing the Chasm,” management consultant Geoffrey Moore defined a crucial gap between the early adopters of a new technology and the larger populations of users that come later. Decentralized finance (DeFi) may now be approaching a gap of its own.  This article focuses on DeFi services that allow deposits of ether …

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Not All Central Banks Have an Interest in CBDCs

The recent survey results published by the Bank of International Settlements produced bullish and bearish sentiments with regard to Central Bank Digital Currency adoption. While banks in Emerging Market Economies (EME) are moving more rapidly toward issuing government-sponsored CBDCs, those in established countries appear to be taking a more cautious stance on the transition from …

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HQ Trivia game abruptly shuts down after 14 ‘seasons’

Sponsored Links HQ Trivia HQ Trivia, which was once a popular mobile game where you can earn a few dollars, is no more. CNN has obtained an internal memo from CEO and co-founder Rus Yusupov, terminating 25 full-time employees and all contractors because the company has to cease operations immediately. Apparently, HQ Trivia hired a …

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Hedera’s Token Price Spikes Prematurely After Google Joins the Network’s Governing Council

After Hedera Hashgraph announced Google Cloud would be joining its governing council on Tuesday, the price of the network’s native token HBAR rose above 5 cents for the first time since the network’s launch and above 2 cents for the first time in a month. As part of the body of advisers who oversee software …

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TON Developers, Investors Back Telegram in SEC Fight

Undeterred by the U.S. Securities and Exchange Commission (SEC)’s lawsuit against Telegram, developers and investors in the company’s blockchain project have formed a nonprofit for community governance. One of the TON Community Foundation’s first actions was to defend Telegram in the case, filing a friend of the court brief Friday in the U.S. District Court …

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OKEx Partners With Bain-Backed Crypto Exchange to Launch Leveraged Futures in India

An Indian cryptocurrency exchange has partnered with Malta-based trading platform OKEx to offer futures products specifically for the subcontinent market. Mumbai-based CoinDCX announced Friday that it had formed a strategic partnership under which OKEx will help it develop a new derivative facility – known as DCXfutures – in return for providing OKEx with a foothold …

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Binance Adds 15 Fiat Currency Options for Purchasing Crypto

Binance has added 15 additional fiat currency options for Visa and Mastercard purchases on its platform. Since Feb. 14, the exchange’s partner Simplex can be used to buy crypto across many countries in the world. The list of supported currencies has been expanded to the British pound sterling, South Korean won, Russian ruble, Australian dollar, …

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Five Signs That Ethereum Is Having Its Moment Right Now

Ether (ETH) has more than doubled in value so far this year, with strong fundamentals and increasing numbers of projects being built on the network. Here are five signs from this week that Ethereum’s time may have finally come. Institutional investors are now paying a 220% premium Accredited investors are currently paying a 220% premium …

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Roku claims 36 million active users as streaming continues to spread

Sponsored Links Roku According to Roku, we’re now in the “streaming decade.” And the company that grew from a Netflix box to a behemoth in its own right is claiming that the last quarter of 2019 was a big one (PDF), with retail sales up 33 percent and total streaming hours up 60 percent compared …

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NVIDIA cuts its outlook by $100 million due to 2019 coronavirus

Sponsored Links Andrei Stanescu via Getty Images NVIDIA has published its earnings report for fiscal year 2020, and in it the chipmaker has revealed how much it thinks the 2019 novel coronavirus disease (COVID-19) would affect its business. The company has reduced its revenue outlook for the first quarter of fiscal year 2021 by $100 …

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