The crypto markets and United States equity markets are attempting recovery on Sept. 22 as fears of a widespread contagion due to Chinese developer Evergrande defaulting on its debt recede. Bridgewater Associates co-chairman and co-chief investment office Ray Dalio said on Sept. 22 that Evergrande’s debt was “manageable.” Ming Tan, a director at the credit …
Continue reading “Price analysis 9/22: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI”
United States regulators are sanctioning the cryptocurrency exchange Suex for its alleged involvement with ransomware actors. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) says the exchange, which is based in Russia and the Czech Republic, had a hand in facilitating financial transactions with proceeds stemming from at least eight ransomware …
September 22, 2021 – Tel Aviv, Israel eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors, announced today that it is reinforcing its commitment to opening the digital economy to the next billion global crypto users this week by raising its stake …
Continue reading “eToro Commits $1 Million Stake to GoodDollar Universal Basic Income Project”
September 22, 2021 – Vancouver, Canada Less than two weeks ago, El Salvador made major headlines in the world of cryptocurrency. With no official currency of its own (instead, the US dollar has been in use since 2001), the small Central American country made history on September 7, 2021, by becoming the first nation to …
A JPMorgan market strategist says the emergence of competitors dubbed as “Ethereum killers” is threatening the dominance of ETH in the smart contract space. Nikolaos Panigirtzoglou, a cross-asset research analyst at the banking giant, reportedly tells Business Insider that ETH’s “fair value” sits around $1,500. ETH is trading at $3,032.71 at time of writing, according …
Trading app Robinhood has opened up a waitlist to test a crypto wallet for users to hold their tokens. According to a Wednesday blog post, in October Robinhood plans to start testing a digital wallet feature on its app that enables users to send and receive cryptocurrencies. The move may encourage more Robinhood users to …
Continue reading “Robinhood confirms crypto wallet feature on app starting in October”
The sharp correction that threatened to pull Bitcoin and altcoin prices back toward their sing lows appears to have dissipated now that Evergrande informed investors that it intends to make an on-time payment on its debt. With global markets feeling reassured, major equities, Bitcoin and altcoins prices all saw a rebound at the market open. …
Continue reading “Altcoins see a 35% bounce after Bitcoin reclaims $43,000”
Last week, some former users of the now-defunct cryptocurrency exchange Cryptsy received a notice informing them of a new turn in the ongoing class settlement process. Authorized by the U.S. District Court for the Southern District of Florida, the document states that those who were defrauded in the 2016 collapse of the digital finance platform …
Continue reading “Additional compensation available for Cryptsy victims, court notice says”
The team behind the design of NBA Houston Rockets player John Wall’s nonfungible token may have ripped off one of the backgrounds directly from the popular online game Fortnite. Wall first announced he planned to release a line of “Baby Baller” nonfungible tokens, or NFTs, on Tuesday to raise $100,000 for charity and the “Ballers …
As an EEA member, Valid Network is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Co-Founder and CEO Kfir Nissan about how Valid Network is contributing to the ecosystem to help Ethereum reach its full potential. Please introduce your company and …
Continue reading “EEA Member Spotlight with Kfir Nissan, Co-Founder and CEO of Valid Network”
FORTUNE and digital artist pplpleasr have announced the FORTUNE Journalism PleasrFund, a decentralized donor-advised fund run entirely on the Ethereum blockchain through Endaoment. The PleasrFund is dedicated to advancing independent investigative journalism and programs that foster interest in sound reporting and journalistic integrity. Donations in Ethereum The fund was initially seeded by a contribution of …
Orca, a decentralized cryptocurrency exchange based on the high-speed Solana blockchain, announced today that it has raised $18 million in Series A funding led by Polychain, Placeholder, and Three Arrows Capital. Other participating funds included Jump Capital, Sino Global Capital, Collab+Currency, DeFiance Capital, Zee Prime, Coinbase Ventures, Solana Capital, and a number of angels. The …
Continue reading “New Solana DEX Orca raises $18 million from Coinbase, Three Arrows, and others”
On Tuesday, the fast food restaurant chain Burger King announced the company has launched a non-fungible token (NFT) campaign called the “Keep It Real Meals” initiative. The campaign is in collaboration with the NFT marketplace Sweet and will feature celebrities like Nelly, Anitta, and LILHUDDY. Six Million Meal Boxes With Burger King NFTs The NFT …
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office …
Continue reading “US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds”
South Africa’s Department of Justice and Constitutional Development (DOJCD) has denied claims that it has received a 50 bitcoin ransom demand from hackers that attacked its systems on September 6, 2021. Reports of Ransom Demand Deemed ‘Completely Untrue’ Instead, the DOJCD insists that its tech experts, “industry partners and selected organs of state have been …
