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About Vince Saboti

The Value of Blocked Assets in DeFi Applications Exceeded $7 billion

The Value of Blocked Assets in DeFi Applications Exceeded $7 billion

Posted by By Vince Saboti August 27, 2020Posted inBitcoin News
The overall value of assets that are blocked in DeFi protocols grew by 271% in two months and exceeded $7 billion. If the current growth rate is maintained, this figure will reach $27…
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For the First Time, a Loan Secured by Cryptocurrency Was Issued in Russia

For the First Time, a Loan Secured by Cryptocurrency Was Issued in Russia

Posted by By Vince Saboti August 26, 2020Posted inBitcoin News
For the first time in the Russian Federation, a loan agreement that is secured by cryptocurrency was officially concluded. The loan recipient is the entrepreneur Mikhail Uspensky through the signing of a loan…
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Brazilian Central Bank Exploring the Issuance of Digital Currency

Brazilian Central Bank Exploring the Issuance of Digital Currency

Posted by By Vince Saboti August 26, 2020Posted inBitcoin News
The central bank of Brazil has assembled a working group to explore the implementation of digital currencies. The group will also examine the implications of the eventual issue of the central bank's digital…
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Inflation in Turkey Drives Trust in Bitcoin to New Heights

Inflation in Turkey Drives Trust in Bitcoin to New Heights

Posted by By Vince Saboti August 26, 2020Posted inBitcoin News
Unrestrained inflation has a negative impact on the trust of the people of Turkey to the paper money. According to Reuters, locals are getting rid of liras, converting them into dollars, or buying…
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Iran Closed More Than a 1,000 Crypto Mining Farms

Iran Closed More Than a 1,000 Crypto Mining Farms

Posted by By Vince Saboti August 25, 2020Posted inBitcoin News
The largest energy company, Tavanir, has initiated the closure of about 1,100 unlicensed mining farms. It has been reported that informants helped the company in finding such farms. Apparently, most of the closed-up…
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Huawei Will Assist Beijing in Launching Blockchain Governing Systems

Huawei Will Assist Beijing in Launching Blockchain Governing Systems

Posted by By Vince Saboti August 25, 2020Posted inBitcoin News
China's number one telecommunications company Huawei and Beijing municipal authorities have signed a collaboration agreement to launch a blockchain-based smart city management system. To launch the infrastructure, Huawei will provide Beijing authorities with…
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Bitcoin Advertisement Appears on Front-Page of Hong Kong Newspaper

Bitcoin Advertisement Appears on Front-Page of Hong Kong Newspaper

Posted by By Vince Saboti August 25, 2020Posted inBitcoin News
The renowned Hong Kong newspaper Apple Daily ran a front-page ad for Bitcoin following the arrest of billionaire Jimmy Lai. Chinese government critic Jimmy Lai was taken into custody in early August. On…
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Tone Vays: $50,000 Is A Realistic Scenario for Bitcoin Growth

Tone Vays: $50,000 Is A Realistic Scenario for Bitcoin Growth

Posted by By Vince Saboti August 24, 2020Posted inBitcoin News
Renowned trader Tone Vays is confident that Bitcoin will remain above $10,000 until the end of 2020 and considers $50,000 a “reasonable” bull rally target. Weiss stated that if Bitcoin surpasses $20,000 in…
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One of The Largest Crypto Mining Centres in The World to Be Launched in Kazakhstan

One of The Largest Crypto Mining Centres in The World to Be Launched in Kazakhstan

Posted by By Vince Saboti August 24, 2020Posted inBitcoin News
One of the largest mining centres in the world under the management of Enegix is ​​preparing to launch in Kazakhstan. The 180 MWh data centre will open in September. According to Dmitry Ivanov,…
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Tether Moves 1 Billion USDT From Tron Blockchain To Ethereum

Tether Moves 1 Billion USDT From Tron Blockchain To Ethereum

Posted by By Vince Saboti August 20, 2020Posted inBitcoin News
Tether will withdraw 1 billion USDT tokens today from the Tron blockchain and transfer them to the Ethereum blockchain. The exchange will go through an unnamed cryptocurrency exchange. According to Paolo Ardoino, CTO…
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