Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC), has requested Congress to grant it more power to oversee the ever-evolving digital currency ecosystem. Per a CNBC report, Gary Gensler made this known as the Aspen Security Forum held on Tuesday, saying the SEC will always exercise its “authorities as far as…
Big news from the crypto world: Social media platform X (Twitter), once known as Twitter, received a payments license from Rhode Island this week. This expands its license portfolio to a total of seven in the USA, as can be seen from posts on the short message service, among other things. X (Twitter) now also has a license…
Another scandal surrounding Monero’s security. Will attackers be able to undermine the privacy of the blockchain? An expert from Chainalysis believes this is not possible. Why a user was nevertheless tracked down and the scene is in turmoil. Monero scandal: Are attackers undermining privacy? Another scandal has broken out involving Monero (XMR). A user discovered…
It’s like a crypto storm is sweeping over the Alps. A change is looming in the picturesque expanses of Austria that could shake the financial world. But before we delve into the depths of the crypto vortex, let’s pay a visit to a company that is about to enter the scene: Bitvavo. Bitvavo receives Austrian license Born…
Elon Musk gets strong support from Twitter shareholders for the complete takeover of the platform. Despite the positive news, the Dogecoin (DOGE) price has corrected with Musk earlier proposing DOGE payments for Twitter Blue subscription. After a bit of back and forth, Twitter Inc. is back on the negotiating table with billionaire Elon Musk set…
Cryptocurrency-driven Charity organisation Elongate announced Friday to donate $25,000 to Malala Fund as a seed funding. Elongate released a statement, saying the donation will be the first-round seed of donations to the fund. Elongate is a cryptocurrency token on the Binance Smart Chain. About 10% of transaction fee rewards holders donate significant sums to charity to promote…
On Jan. 27, Mastercard announced its fourth-quarter 2021 results. During the earnings conference call, CEO Michael Mieback said a focus for the company will be improving the scalability of the Ethereum network. “We want to help increase the scalability of Ethereum through our ConsenSys partnership,” Mieback said. Last year, Mastercard partnered with blockchain company ConsenSys to introduce…
Digital assets manager Osprey Funds has announced a launch of the Osprey Polygon Trust, its fifth investment product of the year. Polygon trust product is available to accredited investors for subscription with a $10,000 minimum investment. The company plans to list the fund on the OTCQX over-the-counter market as soon as possible to remove fees on shares…
The ecosystem of non-fungible tokens, the NFTs, has seen incredible acceptance in recent months as many prominent personalities and institutions have stepped into this area. In 2021, NFTs were reportedly worth over $ 20 billion. The CEO of O’Shares Investment Advisers, Kevin O’Leary, was very optimistic about NFTs in a recent interview and predicted that the…
An upgrade to the Cardano (ADA) network is said to improve performance, especially for stake pool operators (SPO). Investors are hoping for a price explosion. We look at the ADA course and see if it can really continue to rise. Cardano (ADA) performs node upgrade The June 19, 2023 upgrade provides significant improvements in performance at epoch boundaries and…
Market analyst and influencer Lark Davis has once again dealt with altcoins and is convinced that some will have a great future. In any case, he invested himself. Here is his choice: Polkadot The Polkadot Ecosystem ( DOT ) recently took over the Parachain auctions from its Canarian network Kusama. Participants now have the opportunity to use their DOT tokens…
Nayib Bukele, the president of El Salvador, recently posted a Twitter video showing the “first steps” toward enabling Bitcoin mining using renewable energy in the country. On Wednesday, September 29, Bukele posted a video with the caption “first steps” accompanied by a volcano emoji via his Twitter account, showing that the nation began its project to use…
Bitcoin miners are estimated to have sold over $500 million worth of bitcoin in June, according to CoinMetrics, with Bitfarms alone reportedly selling 3,000 bitcoins for $62 million. According to data from Arcane Research, several bitcoin miners collectively sold about 100 percent of their production in May. Miners sell more coins to cover their operating costs. According to…
Restaurant chain McDonald’s recently filed ten metaverse trademarks with the US Patent and Trademark Office. The fast food chain McDonald’s wants to enter the Metaverse. The company has filed ten trademark applications for the virtual space, said Josh Gerben of Gerben Intellectual Property. The applications submitted on February 4 show plans for a virtual restaurant with real…
Cardano is top mover in DeFi . The ecosystem is constantly growing. The whales also remain optimistic and are buying ADA heavily. Since the beginning of the year, they have caused price growth of up to 70 percent. Cardano: Ecosystem is constantly growing As can be seen from the Cardano Blockchain Insights , the Cardano ecosystem is constantly growing. At the beginning of…
Traders and investors are becoming more aware of the potential of cryptocurrencies, especially with their growing multi-trillion market cap. Marion Laboure, an analyst and senior economist at Deutsche Bank, recently published a research-based interview covering digital currencies and their potential to shape the future of global payments. Already, Bitcoin and Ethereum are being used in…
Robinhood Markets Inc. is launching a new cryptocurrency recurring investment feature that lets customers automatically invest in cryptocurrencies in a daily, weekly or monthly schedule. The US financial services company stated that such a service would let customers automatically invest in cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and other supported crypto tokens without a commission fee. The new feature is…
The Avalanche Cortina Upgrade has been live since yesterday. The AVAX blockchain thus provides improved technical possibilities. By increasing simplicity for independent developers one wants to conquer the DeFi sector. The project is already well positioned in this area. Avalanche Cortina Upgrade is Live: What to Expect Now? The Avalanche Cortina Upgrade has been live since yesterday. The currently…
Ethereum (ETH) continues to be the talking point in the crypto community after the London Hardfork or EIP 1559 upgrade going live on August 5. As a result, the first-ever deflationary block on the Ethereum network happened. The Ethereum network is anticipated to gain steam based on this development. ETH is set to become deflationary, given that its value…
Curve Finance is a DEX that allows trading of different stablecoins. Now the platform is developing its own stablecoin called crvUSD. According to its presentation, the course of the CRV token will increase by up to 25 percent. Curve Finance: own stablecoin is called crvUSD Various stablecoins are already represented on the DEX Curve Finance. The spectrum ranges from algorithmic stablecoins such as TerraUSD…
Bad news in the case of insolvent crypto lender Celsius. A US judge is now deciding: users of the service voluntarily surrendered the ownership rights to their cryptocurrencies. What does this mean for users of the service? Crypto Lender retains customer deposits from the Earn Program Crypto Lender Celsius Network Collapses In Summer 2022. The Impact of the Bear…
Samsung is launching a range of smart TVs compatible with NFTs in cooperation with Nifty Gateway, Gemini exchange’s NFT platform. The announcement of the NFT integration had already taken place at the CES in January – but even then the question arose as to whether there was even a market for such devices. Samsung has…
Cryptocurrencies have become a global phenomenon, and among them, Cardano (ADA) consistently captures the spotlight. With its groundbreaking technology and robust community, Cardano has positioned itself as a major player in the blockchain ecosystem. This article delves into the latest Cardano news, including market updates, price trends, technical analysis, and its potential future trajectory. Understanding…
FTX, a popular cryptocurrency exchange in the US, has announced a launch of its NFT marketplace that aims to enable its users to create their own artworks and mint them as Non-Fungible Tokens (NFTs) on the exchange, to be sold within its marketplace. Sam Bankman-Fried, the founder and CEO of FTX crypto exchange, talked about the news…
In the last few days, an XRP price explosion has become apparent after the US regulator CFTC has filed a lawsuit against the crypto exchange Binance. The legal dispute resulted in an assessment that referred to cryptocurrencies as commodities. This could be groundbreaking for the dispute between Ripple and the SEC. XRP price explosion of 24 percent…
Chainalysis, a blockchain data analytics and security platform have announced its acquisition of cybercrime investigative company Excygent, bolstering the former firm’s push to combat ransomware attacks. Known to aid regulatory agencies and other interested parties in tracking cybercriminals, Excygent will boost Chainalysis’s digital currency transaction monitoring efforts. The provisions of tracking tools to peek into the anonymity of transactions…
Fidelity’s Jurrien Timmer has published data to show that Bitcoin is currently undervalued and oversold. Like crypto YouTuber Anthony Popmpliano, he says that there is currently a massive redistribution from small investors to large investors. Bitcoin is cheaper than it looks, says Jurrien Timmer, director of global macroeconomics at Fidelity Investments. He currently considers Bitcoin to…
Almost a month and a half after Dominica made cryptocurrencies legal tender, the small island nation is now releasing its own DMC token . In addition, a separate blockchain ID is used. Dominica releases first state token DMC In October, several tokens on the Tron blockchain on Dominica will receive official national currency status . In addition, state representatives announced that they would expand their…
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position. Despite Solana being founded in 2017, it has made significant strides this quarter because it recently hit an all-time high (ATH) price of $249. The fourth…
SEC paving way for total surveillance? Crypto giant Charles Hoskinson is concerned and calls on the scene for solidarity. A small group of decision-makers are trying to deprive people of their freedom – evidence of this can be found in the lawsuit against Binance. SEC paves way for total surveillance? Hoskinson worried SEC paving way for total surveillance? Crypto…
However, the UK government has reserved the right to monitor wallet transactions that authorities deem high-risk. Most customers who use crypto assets for legitimate reasons use the non-hosted wallets for customization purposes. The UK government has decided not to collect user data from non-hosted crypto wallets. According to the issued guidelines, non-hosted crypto wallets are not…
A Cardano developer reveals the future plans of the third largest DeFi blockchain. The creation of Layer 2 solutions on ADA should become easier in the future. The idea follows a current trend in the project to increasingly hold the user community accountable. Buy Cardano now Developer reveals future plans for the blockchain A Cardano developer reveals…
Another blow hits Binance. An important partner bank in the euro area distances itself from the crypto exchange. Existing problems of the world market leader could deepen in this way. The background is apparently the smoldering regulatory conflict in the USA. Binance under pressure Another blow hits Binance Another blow hits the crypto exchange Binance. The world market leader…
Ethereum was invented to allow the execution of short programs and applications in the blockchain. While bitcoin focused on decentralized payments, ethereum created a platform for users to complete transactions by pushing arbitrary code. These short programs deployed on a blockchain are digital contracts, and they execute codes to react to transactions and hold funds…
A crash on the crypto market is looming. Blame is apparently an indictment by the US Securities and Exchange Commission (SEC) against the Binance crypto exchange. The allegations weigh heavily. Crypto market crash A crash in the crypto market occurs. Bitcoin (BTC) lost three percent of its value in the last hour alone. The largest cryptocurrency is trading at…
The US bitcoin mining giant Core Scientific has filed for bankruptcy. The company’s cash reserves are dwindling. Now the share price is also collapsing. A bankruptcy filing should save the company shortly before. Mining giant files for bankruptcy Core Scientific is a company based in Austin, Texas. Operations started in 2017 and have since grown into one of the largest bitcoin miners in the world. In the…
Ripple Labs, Inc., a U.S. technology company behind XRP cryptocurrency, has announced that it is launching a new product that allows financial firms to provide their customers with the ability to purchase and sell cryptocurrencies. The San Francisco-based firm stated on Tuesday, November 9, that a new product called Liquidity Hub, will give business customers access to cryptocurrencies…
October 12, 2024 – Canada – MetalDesign.ca is proud to announce the official launch of its brand-new website, designed to showcase a wide array of custom metal fabrication and design services. Specializing in high-quality, durable, and innovative metalwork, the company provides exceptional solutions tailored to meet the needs of both residential and commercial clients. With…
Digital assets derivatives exchange FTX has relocated their headquarter to Nassau, the Bahamas, from Hong Kong, citing fewer regulation restrictions in the country. Online media Blockworks reported Thursday, citing 29-year-old billionaire FTX CEO and Founder Sam Bankman Fried, that the company has departed from Hong Kong and currently operate as Nassau-based in the Bahamas. Sam Bankman Friedindicated that…
Early this week, U.S. district judge Analisa Torres has passed a positive ruling for XRP defendants, stating that a group of individuals who own the digital currency associated with Ripple Labs Inc can provide their meaningful perspectives in the case launched by the U.S. Securities and Exchange Commission accusing the firm of violating securities law. In March,…
Could upcoming halving boost Litecoin (LTC) price? In this article, we take a look at the impact of the halving on Litecoin price and what technical analysis predicts for Litecoin’s future. Litecoin (LTC) shortly before halving: Current status at LTC Litecoin, one of the oldest and most well-known cryptocurrencies, is facing an important event: the halving. This event occurs…
In a rapidly digitizing world, financial technologies are undergoing unprecedented innovation, with one of the most prominent gaining increasing attention: Ripple and its associated cryptocurrency, XRP. Launched in 2012, Ripple Labs Inc. has emerged as a driving force in the realm of digital finance, providing ground-breaking solutions for the complexities of international money transfers through…
Terra founder Do Kwon is poised to become the second-largest Bitcoin holder after Satoshi Nakamoto as his Bitcoin accumulation activity accelerates. Kwon is not concerned about a Bitcoin price drop that would adversely affect the UST price, rather he expects Bitcoin to continue to rise. Do Kwon was one of the most influential figures in…
Shytoshi Kusama, the lead developer at Shiba Inu (SHIB), recently commented on the meme coin’s position against BNB, XRP and Solana in a tweet. Kusama explained : “SHIB has more volume today than BNB, Solana and XRP combined, over a billion dollars.” Shiba Inu (SHIB) increasing trading volume According to MarketCap data, Shiba Inu (SHIB) is up 63%…
The SEC provides a first crypto company with a license as an exchange. The New York company Prometheum wants to lead the industry to more consumer protection. So far, however, the plans have large gaps. SEC Licenses This First Crypto Company The SEC grants a license to a first crypto company. The announcement comes as the conflict between…
Binance reaches settlement with SEC. Binance.US assets will not be frozen. Nevertheless, the damage to the marketplace is already enormous. The company believes that this did not happen by accident. The lawsuit of the US authority has not yet been dismissed. The company reaches settlement with SEC The crypto exchange reaches an agreement with the US Securities and Exchange Commission. The…
The Stellar price is up 102 percent in the weekly trend. XLM is thus becoming the current top coin among the 100 largest cryptocurrencies. Why the project is suddenly experiencing massive profits without any significant change. Stellar price rises by 102 percent, XLM becomes top coin The euphoria surrounding Stellar (XLM) is currently enormous. The…
The year 2023 began with an icy wind for Crypto Investments, blowing from the harsh effects of the previous bear market. As the world’s venture capital groups, also known as VC, cautiously planned their moves, it became clear that the glory days of 2022, which peaked the year before, were long gone. Crypto Investments Declined in…
Bitfarms, a leading bitcoin mining company, reported a 42% drop in revenue in May – the first full month after the bitcoin halving in mid-April. The company’s bitcoin production fell from 263 bitcoin (BTC) worth $18.1 million in April to 156 bitcoin worth $10.7 million in May. In a June 3 statement, Bitfarms called this…
The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) seems to be going in the crypto company’s favour. The cryptocurrency firm recently requested that the decision be considered in Voyager’s bankruptcy case in its ongoing litigation. There, Judge Michael Wiles had approved a settlement because there was insufficient evidence to address the…