GUSD for Noobs

What is GUSD? Customers may swap US dollars for cryptocurrencies such as bitcoin, Litecoin, Ether, and Zcash on the Gemini exchange. It’s also a licensed custodian, which means it may keep clients’ digital assets on their behalf. Gemini Dollar is…

Square’s CEO, Jack Dorsey, Says Company is Exploring a Hardware Bitcoin Wallet

Square CEO Jack Dorsey has said that the business is thinking about developing a hardware bitcoin wallet. Square’s stock increased by around 1% on Friday. While Square provides a digital wallet, Dorsey is proposing a solution that would give Bitcoin…

Coinbase is Giving Away $1.2 Million in Dogecoin to Celebrate the Launch of DOGE Trading

Coinbase said on Thursday that it would give away $1.2 million in dogecoin. Dogecoin’s value skyrocketed when Coinbase revealed on Tuesday that Pro users will be able to trade it. As of Thursday, Dogecoin, which began as a joke, was…

CBDCs Could Run on Ethereum, Says Ex-Head of China’s Digital Yuan Initiative

Central bank digital currencies (CBDCs) are set to become more “smart,” according to the former head of the People’s Bank of China’s (PBoC) digital currency initiative. CBDCs could one day operate on blockchain networks like Ethereum, according to the former…

Celsius for Noobs

What is Celsius? The Celsius Network is a regulated, SEC-approved lending platform that allows customers to earn interest on their cryptocurrency deposits or take out crypto-collateralized loans. Celsius aims to entice consumers by offering high rates on deposits while retaining…

Goldman Sachs is Re-evaluating Whether Bitcoin Should be Considered a Legit Asset

Pages from a Goldman Sachs paper on cryptocurrency have been posted on Twitter. The study reflects a 180-degree change from the bank’s status a year ago. Alex Krüger, economist, crypto investor, and founder of asset management company Aike Capital, posted…

Nexo: An Platform Analysis

What is Nexo? Antoni Trenchev, Georgi Shulev, and Kosta Kantchev co-founded Nexo, a European crypto loans and savings network, in 2018. Nexo users to borrow and gain interest on their cryptocurrency properties. It manages funds of more than $4 billion.…

Coinbase Launches DeFi-Capable Browser Wallet

Coinbase has released a new browser extension for its native wallet that allows users to link to decentralized apps and finance directly from their laptop. Coinbase revealed Monday that the Coinbase Wallet browser extension is now accessible on Google Chrome.…

Crypto Exchange Founder Goes Missing With $2 Billion

The CEO of the Turkish cryptocurrency exchange site Thodex is missing, and with him, $2 billion dollars worth of investor money. Days prior to the shutdown, fellow cryptocurrency platform Vebitcoin released a strange-looking message on its page in Turkish that,…

OKB for Noobs

What is OKB? OKB is the native token of OKEx. OKEx is a cryptocurrency exchange located in the Seychelles that offers a trading forum for a variety of cryptocurrencies. Spot and derivative trading are two of the exchange’s most important…