Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an attorney for one of the scheme’s victims has said. Onecoin Mastermind Taking Advantage of Regulators’ Failures The lawyer representing victims …
Monthly archives: November 2021
LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021
press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 25, 2021 – LBank Exchange, a global digital asset trading platform, will list Dexioprotocol (DEXI) token on November 27, 2021. For all users of LBank Exchange, the DEXI/USDT trading pair will be officially available for trading at 23:00 (UTC+8) on November 27, 2021. Crypto investment has gone …
Continue reading “LBank Exchange Will List Dexioprotocol (DEXI) on November 27, 2021”
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest share among several attractive destinations, including the U.S. Russia, Kazakhstan, US Accept …
Continue reading “Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals”
European Council approves two frameworks for regulating cryptocurrencies
The European Union has been planning to for the longest time to regulate cryptocurrencies. The union has announced that it is one step closer to implementing an entire framework for regulating cryptocurrencies. The council has now announced its thoughts on the Markets in Crypto Assets (MiCA) and the Digital Operational Resilience Act (DORA). European Council …
Continue reading “European Council approves two frameworks for regulating cryptocurrencies”
Bitkub’s CEO urges Thailand to endorse crypto to boost its GDP
The CEO of Bitkub, Jirayut Srupsrisopa, has announced that the exchange could include multiple its Gross Domestic Product (GDP) by six times if it embraces the crypto sector. The CEO stated that authorities in Thailand should start focusing on digital assets. Currently, Thailand is one of the largest crypto economies. The market capitalization for digital …
Continue reading “Bitkub’s CEO urges Thailand to endorse crypto to boost its GDP”
US Regulator Says Banks Must Meet Certain Conditions To Deal in Cryptocurrency
The U.S. Office of the Comptroller of the Currency (OCC) is outlining the conditions that national banks and federal savings associations must meet before engaging in specified cryptocurrency activities. The regulator says that national banks and federal thrift institutions must “demonstrate that they have adequate controls in place before they can engage in certain cryptocurrency, …
Continue reading “US Regulator Says Banks Must Meet Certain Conditions To Deal in Cryptocurrency”
Is Avalanche’s Parabolic Rally Over? Analyst Benjamin Cowen Predicts Potential Price Targets for Red-Hot Ethereum Competitor
Popular crypto analyst Benjamin Cowen is analyzing whether Avalanche (AVAX) has any gas left in the tank after its parabolic rally over the past three months. The smart contract platform’s native token, AVAX, is trading at $117.85 at time of writing. The 11th-ranked asset by market cap hit its all-time high of nearly $145 over …
Russians transact $5B in crypto each year, Bank of Russia says
Russian people are among the world’s most active participants of the cryptocurrency market, according to the country’s central bank. The Bank of Russia published a fresh review on financial stability on Nov. 25, pointing out the country’s growing role in the $2.8 trillion market. Citing estimations reported by major local banks in July 2021, the …
Continue reading “Russians transact $5B in crypto each year, Bank of Russia says”
Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that th descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance. BTC/USD price on FTX. Source: TradingView Such bearishness follows scrutiny from United States regulators, after a Nov. 1 report from …
Continue reading “Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry”
Crypto Thanksgiving: NFT drops and Black Friday deals go mainstream?
From the rise of the Metaverse to major brands announcing nonfungible token (NFT) drops, cryptocurrency mass adoption is well underway. Americans in particular have taken a growing interest in crypto, as recent findings from the Pew Research Center found that nearly a quarter of 10,371 adults in the United States were familiar with cryptocurrency, while …
Continue reading “Crypto Thanksgiving: NFT drops and Black Friday deals go mainstream?”
DeFi privacy project Panther raises $22M in 1.5-hour public sale
Panther Protocol, a privacy-enhancing technology provider for the decentralized finance (DeFi) industry, has completed its public sale to continue building privacy solutions for DeFi and Web3. Panter announced to Cointelegraph on Nov. 25 that it raised $22 million in its recent public sale of ZKP tokens, bringing the total amount raised to $32 million. Starting …
Continue reading “DeFi privacy project Panther raises $22M in 1.5-hour public sale”
What’s Hot on NFT Token Markets Right Now – Where to Buy
The crypto market has been a revelation, and ecosystems like non-fungible tokens (NFTs) have also boomed. This rise has seen several investors searching for what is hot on NFT token markets to buy and hold for the long term. While the crypto market is seeing major price slashes, NFT coins have been an exception, with …
Continue reading “What’s Hot on NFT Token Markets Right Now – Where to Buy”
Grayscale says the metaverse sector could soon reach a $1 trillion market value
The metaverse is currently a hot topic in the crypto sector. It has attracted major key players in the crypto and traditional sectors, and according to a recent report by Grayscale, this sector could soon hit a valuation of $1 trillion. Grayscale is currently the largest digital asset management firm globally, and it has stated …
Continue reading “Grayscale says the metaverse sector could soon reach a $1 trillion market value”
Basic Attention Token Price at $1.32 after 23.4% gains – How to buy BAT
The Basic Attention Token has been on a major bullish rally during the past 24 hours. The token is currently inching closer towards its all-time highs because of these gains. Moreover, it is performing better than most altcoins struggling to make notable gains, given that the broader market is showing signs of consolidating. Basic Attention …
Continue reading “Basic Attention Token Price at $1.32 after 23.4% gains – How to buy BAT”
Is Decentralized Autonomous Organizations (DAO) the Future?
The ideology of the crypto-utopian is to remove faulty institutions across the globe by developing a blockchain technology-based model from scratch. Initially, the visualization of cryptocurrency was not an asset but rather a substitute payment gateway. Smart contracts, proposed by blockchain, are an attempt to establish a trustworthy form of legal governance. Incorporating both to …
Continue reading “Is Decentralized Autonomous Organizations (DAO) the Future?”