Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana is more decentralized than people make it out to be. However, there’s another side that believes that the blockchain platform is actually more centralized. In a blog post, the DeFi firm lays out its arguments, citing the blockchain network’s active validator count, Nakamoto coefficient …
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Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required. Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius), while the United …
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Safe-bet investors might find it ironic that casinos have been easy to recommend of late, thanks to the growing popularity of online gambling. Investors looking for a safe bet might find it ironic that casinos have been easy to recommend in recent years thanks to the growing popularity of online gambling. However, disruption looms large …
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The Thailand Securities and Exchange Commission (SEC) has expressed concerns over the losses suffered by some users of the Zipmex exchange after the platform temporarily halted withdrawals and several other services last week, citing extreme market conditions. Thai SEC gathers data on Zipmex users In an announcement released on Monday, the Thai SEC said it …
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Chief Executive Officer of Binance Changpeng Zhao has filed a lawsuit against Bloomberg’s Hong Kong partner Modern Media CL for defamation. The chief is suing over a translated Chinese language article that portrayed Binance Exchange as a “Ponzi scheme.” This refers to the June 23, 2022 publication of Bloomberg’s Businessweek, with the title: “Can Crypto’s …
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Summary: A crypto tax bill was introduced in the U.S. Senate. The proposal is championed by lawmakers from both the Democratic and Republican parties. A de minimis exemption for crypto transactions under $50 forms the core of the bill, per reports. The exemption could nullify otherwise mandatory capital gains taxes for such small transactions. CoinDesk …
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A senior executive at the tech firm behind Avalanche (AVAX) says big things are right around the corner for the Ethereum (ETH) challenger. In a new interview with Anthony Pompliano, Ava Labs president John Wu says that mainstream names from the world of finance and gaming will be onboarding with the Avalanche ecosystem. “I wish …
Seasoned trader Tone Vays says he’s looking at a fresh bear cycle low for Bitcoin (BTC) after it failed to sustain bullish momentum. In a new strategy session, Vays says Bitcoin is now at risk of losing over 33% of its value from its current price after BTC went below the key breakout level of …
When it comes to cryptocurrencies, you need to consider a few key factors before you decide whether to invest. Whether you’re just beginning to get on the ground floor of new crypto projects or are looking to expand your portfolio, it’s helpful to have an evaluation framework handy for crypto projects. This article will explain …
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A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country. Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations. Infrawatch PH …
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The new body will bring together the financial regulators and creative industries to formulate the policies in the Metaverse. In an important landmark for the buzzword, The Ministry of Economy, Trade and Industry (METI) of Japan opens its own Web3 Policy Office in the Minister’s Secretariat. The new entity commits to bringing together the departments …
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Law enforcement and regulatory agencies investigating cryptocurrency-related incidents need better data, training and private partnerships, according to an industry survey conducted by Chainalysis. A public agency survey conducted by blockchain analytics firm Chainalysis highlights the need for better tools, training and support for cryptocurrency-related investigations. The blockchain data platform delved into the topic in its 2022 …
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Bitcoin Price Prediction – July 26Currently, the BTC/USD market operation moves in corrections following the crypto’s inability to surge higher sustainably out of the $25,000 resistance line. Yesterday’s session witnessed a high and a low between the $22,649.22 and $21,361.64 points. As of writing, the price trades around $21,084 at a negative percentage of 1.12. …
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The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $21,135.30 and BTC market dominance is %. The price of Ethereum is $1,421.05 and ETH market dominance is %. The best performing cryptoasset sector is Travel, which gained 5%. Go to Source
The Securities and Exchange Commission (SEC) is investigating whether Coinbase allowed Americans to trade unregistered security assets, Bloomberg News reported on July 26. The SEC has doubled its investigation of the crypto exchange since it increased the number of listed tokens on its platform. Coinbase now lists over 150 cryptocurrencies; after keeping the number of …
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