A Twitter spat has erupted over Charles Hoskinson’s educational attainment. Crypto journalist Laura Shin called out the Cardano founder on discrepancies between his claims of graduating with a maths degree and her research, which indicates he never graduated. So far, Hoskinson has not responded to the allegations, with his latest live stream, post spat, focusing …
Continue reading “Cardano founder accused of faking his academic credentials, does it matter?”
The FBI has been very active on crypto-related crimes throughout 2021. They have announced safety tips for crypto enthusiasts, noticed the increasing fraud in crypto ATMs, and took action to increase safety. They also seized a hefty amount of crypto assets from malicious users on numerous occasions. Numbers from the Chainalysis 2022 Crypto Crime Report also …
On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’s Value Surges Higher Amid Commodities …
After climbing by nearly 100% last week, ANC was once again lower on Tuesday, as bears continue to ravage prices. This comes as ZEC evaded today’s market uncertainty, and rose by as much as 16% during the session. Zcash (ZEC) Despite cryptocurrency markets falling by almost 2% in today’s session, the price of zcash (ZEC) …
Continue reading “Technical Analysis: ANC Falls 14%, as ZEC Leads Tuesday Gainers”
Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as the volatility surrounding the war in Ukraine continued …
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen since …
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press release PRESS RELEASE. Last week Africa founded cryptocurrency exchange, Quidax, announced that its crypto markets had been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem. With this announcement, Quidax is the first fully African owned crypto exchange to be listed on CoinMarketCap. This listing represents …
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Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to Help Merchants Accept Crypto …
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Since late July, most exchanges have seen more outflows than inflows. Those exclude Binance, FTX, Bittrex, and Bitfinex. According to Glassnode, the sellers may be fatigued. Bitcoin inflows have been net negative across all exchanges. Those four big exchanges have defied the trend. They approximately had equal amounts of net positive inflows. There have been …
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The US Financial Crimes Enforcement Network, or FinCEN, a Treasury Department division, has warned financial institutions that cryptocurrency might be used by Russia. They suspect Russia will use cryptocurrency to dodge sanctions connected to its military operations in Ukraine. FinCEN warned US-based financial institutions that have insight into cryptocurrencies and convertible virtual currency, or CVC. …
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One of the Senate’s most influential Democrats has advised his colleagues not to overregulate the expanding cryptocurrency business. He compares it to the early days of the internet. Ron Wyden is the leader of the Senate finance committee and one of the architects of US internet regulation. He encouraged members of his party to defend …
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A vote on the European Union’s Markets in Crypto Assets (MiCA) regulation has been rescheduled to take place on March 14. The European Parliament was expected to approve the legislation last month. However, complaints from crypto firms about the ban on energy-intensive proof-of-work (PoW) mining meant the vote had to be postponed. A member of …
Continue reading “European Parliament Excludes Pow Provision In Next Week’s Vote On Crypto Bill”
One popular crypto analyst is eyeing a public blockchain protocol underpinning a suite of decentralized stablecoins as the possible solution for payments during a time of economic transition. In a new strategy session, the host of financial education YouTube channel InvestAnswers tells his 417,000 subscribers why decentralized stablecoins might suit the future needs of both …
Crypto’s reputation as a boys’ club does not come as a surprise: It sits at the very intersection of tech and finance, perpetuating the legacy of “bro culture” that is coded into Silicon Valley and Wall Street. It was only in 2020 when Citigroup bank appointed the company’s first female CEO, Jane Fraser. This was …
The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was recently broadcasted to the mainstream when Facebook’s parent company, Meta, introduced a series …
Continue reading “NFT fashion hits the runway as designers launch in the Metaverse”
