Author: nbelov

Global crypto exchange OKCoin unveiled its own oracle as a verifiable price data source for the decentralized finance, or DeFi, space. OKCoin fired up its own price oracle for the DeFi space with data traceable back to its origin, offering verified accuracy.  “OKCoin has launched OKCoin Oracle, a signed price feed that can be used…

China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users. The People’s Bank of China (PBoC) is planning to add the Tencent-backed food delivery giant Meituan Dianping to its list of platforms that will test real-world use cases of the digital yuan. Meituan Dianping is a Beijing-based food…

DeFi will see a number of bullish developments over the long term, the latest dGen report alleges. Big Four accounting firms like KPMG and Deloitte will become an important part of the decentralized finance — or DeFi — in the coming decade, according to Berlin-based non-profit think tank dGen.  In its report titled “Decentralised Finance:…

According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia. Cryptocurrency travel platform Travala.com saw the number of rooms booked through its platform grow sharply after a recent integration with booking giant Expedia. According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by…

Binance-backed data privacy startup HOPR is preparing to launch its first public testnet on July 16. Swiss data privacy startup HOPR is launching its first public testnet shortly after securing $1 million in investment from investors like Binance. HOPR said that the startup is preparing to launch the testnet and community support program on July…

Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission. Originally submitted on March 20, the document was intended as a response to the European Commission’s public consultation on building an…

Peer-to-peer Bitcoin trading platform Paxful crossed the $4.6 billion trading volume threshold as the company is entering its fifth year. Peer-to-peer Bitcoin (BTC) marketplace Paxful announced on July 14 that its platform has witnessed another surge in trade volume, hitting the $4.6 billion mark and reaching over 4.5 million wallet registrations. Paxful is also forecasting…

An alternative social networking platform that aims to give users control over their data is integrating Chainlink data oracles. Revolution Populi, a social network led by David Gelernter, a futurist and a distributed computing pioneer, is integrating Chainlink (LINK) data oracles. Revolution Populi is trying to displace Facebook by creating a social network where users…

The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law. Even though in most western countries today, matters related to religion and money have been independent of one another. However, in Islam, especially those following the Shariah code of ethics, the two…