The Biden-Harris administration has unveiled its strategy on “countering corruption.” It includes utilizing the government’s newly established task force, the National Cryptocurrency Enforcement Team, to focus on “complex investigations and prosecutions of criminal misuses of cryptocurrency.” US Crypto Enforcement Strategy for ‘Countering Corruption’ The White House announced Monday, “In line with the president’s direction, the …
Yearly archives: 2021
India to Impose Ban on Crypto Payments, Deadline for Declaring Crypto Assets, KYC Rules: Report
The Indian government has reportedly proposed banning the use of cryptocurrency for payments and setting a deadline for investors to declare their crypto holdings. Violators may be arrested without a warrant and held without bail. In addition, the crypto bill may call for a uniform know-your-customer (KYC) process for all crypto exchanges. Proposed Rules in …
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during the last 30 days. $11 …
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Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm
A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery investor has offered to bail out the collapsed crypto …
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Dogecoin and Ethereum emerge as the most-searched terms of Google
Dogecoin and Ethereum have been included among the top-ten most-searched terms on Google in 2021. Towards the end of every year, Google publishes the names of the top searches made. On Tuesday, Google included Dogecoin and Ethereum price as some of the top searches this year. Dogecoin and Ethereum make it to top-10 Google searches …
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Binance acquires an 18% stake in a private stock exchange in Singapore
Binance Asia, the arm of the largest cryptocurrency exchange platform globally by trading volumes, has just bought an 18% stake in the HGX exchange in Singapore. The purchase comes as Binance seeks to comply with the regulatory requirements in Singapore. Binance had to close its operations in Singapore after the Monetary Authority of Singapore (MAS) …
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Tezos Price at $5.24 after 27.7% gains – How to buy XTZ
The crypto market has been consolidating after a major dip on Saturday. While some tokens face a strong recession and are dropping towards lower levels, some are making major gains, and they are moving towards notable highs. Tezos stands as one of the top gainers during the past 24 hours. Tezos is trading at $5.24 …
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What Facebook’s rebranding tells us about Big Tech’s ‘Game of Platforms’
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Sometimes a project’s name tells you all you need to know about it, no matter how niche. Take Kryptomon, …
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Bitcoin (BTC) Price Prediction: BTC/USD Is in Range Bound Move as Bitcoin Holds above $47k
BTC/USD Trades between $47k and $52k as Bitcoin Holds above $47k– December 8, 2021 After December 4 price spike, BTC/USD has been fluctuating above the current support as Bitcoin holds above $47K. In a nutshell, Bitcoin is trading marginally as price fluctuates between $47,000 and $52,000 price levels. The bottom line is that Bitcoin is …
DAY LONG NEWS ROUNDUP: LATEST NEWS 08/12/21
Let’s have a sneak peek into the world of cryptocurrencies where nothing is impossible. We have tried to cover the most important news of the crypto sector so as to keep you ahead of your competitors. Take a look: Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes Hailing as a premier class stock exchange portal …
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Blockchain Vs. Quantum Computing: Is Quantum Computing the Biggest Threat to Crypto?
Blockchain vs. Quantum computing is a technological confrontation. For the crypto sector, quantum clouds are forming on the horizon. Significant advances in quantum computing may theoretically derail the entire cryptocurrency sector, just as the emerging blockchain technology is gaining traction. However, quantum-proof coding is already in the developing stage by crypto experts. Cryptocurrencies like Bitcoin …
Bank for International Settlements Issues DeFi Warning, Says Potential for Disaster Not To Be Underestimated
The Bank for International Settlements (BIS) is saying that decentralized finance (DeFi) is a cause of concern to the financial system. The international financial organization supporting central banks globally to achieve monetary and financial stability says that DeFi inadequately protects investors and is susceptible to money laundering. According to the Bank for International Settlements, DeFi …
Fourth-Largest Ethereum Whale Pounces on Large-Cap Altcoin, Accumulating $580,000,000 in Crypto
One mega-whale just loaded up on an Ethereum (ETH) token that powers a popular crypto marketplace. The blockchain-transaction tracker WhaleStats reveals that the unnamed wallet received 14,000,000 FTT, the native token of the FTX exchange. The transaction was worth $581,444,018 at time of sending. The whale now holds over $1.2 billion worth of FTT with …
French fintech startup Lydia raises $100 million in series C funding round
French crypto-friendly fintech startup Lydia has raised $100 million in a series C funding round, as per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 billion. The $100 million fundraise comes nearly a year after its series B funding round of $86 million …
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Dogecoin and Ether rank in top 10 news searches on Google in 2021
Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google On Tuesday, Google released its traditional annual list of the top searches for the year, breaking them down into several categories, including searches, news, people, games, movies and others. According to Google Trends’ “Year in …
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