Coinbase Integrates Its Wallet With Polygon Network To Embrace Layer-2 Scaling

Coinbase recently integrated itself with Polygon’s Network in an attempt to adopt the layer-two scaling methods and technologies, which many institutions are working hard to fully embrace these days. The announcement had come yesterday on the 13th of July when the popular American cryptocurrency exchange revealed that the highly-coveted Polygon Network has now been added…

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ETH and LTC Daily Tech Analysis – 16 July

Failure to overpower today’s pivot zones might send digital coins down after Thursday’s losses. Ethereum On Thursday, ETH lost 3.81%. The altcoin ended its trading day hovering at $1,918.07 after the Wednesday 2.77% reversals. Variable trading sessions saw ETH rising to $2,039.99 before reverses followed. Failing to overcome the first massive resistance at $2,052 had…

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Woori Financial – A South Korean Bank Ambitious For Rendering Crypto Custodial Services

One of the largest banking groups in South Korea namely Woori Financial Group has decided that it will start offering crypto custodial services to interested customers. For the purposes of ensuring crypto custodial services, Woori has become partners with Coinplug – a renowned blockchain company of South Korea. With Woori joining the crypto space, there…

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Fidelity Will Hire More Crypto Experts amid Growing Interest

Fidelity Digital Assets due to its overwhelming popularity and workload will hire more than 100 crypto experts to manage its crypto investments. Bloomberg claimed that Fidelity Investments Inc will expand their staff up to 70% to manage mounting investment from big-money crypto investors. The exact workforce numbers are yet to be finalized. Reportedly company looking…

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Beta Finance Is Set To Roll Out A Decentralized Finance Asset Shorting Platform

Beta Finance asserts that the excessive price volatility of cryptocurrencies raises instability and causes many harms to the institutions and individual users if they adopt ‘DeFi’ for the long term. On 8th July, the platform introduced the protocol through a blog post stating that liquidations, panic selling, and excessive leverage are damaging factors for the…

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