Pakistan’s Federal Investigation Agency has reportedly issued a formal notice to Binance after receiving multiple reports concerning a crypto scam that misled the investors into sending funds from their Binance wallets to unknown third-party wallets. Pakistan to investigate crypto exchange Binance As per a local media report, the Pakistani agency identified approximately 11 fraudulent mobile …
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At the close of 2021, Collins Dictionary named “NFT” the word of the year. Non-fungible tokens have already shaken the world of art and have become a household name. When you say “NFT”, most people will at least fathom to guess it refers to some sort of computerized image. However, NFT technology has equal or …
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Spurred by talk of rate rises, “spec tech,” including Bitcoin and cryptocurrencies, sustained a shaky start to the New Year. Over this period, the total crypto market cap lost $333.5 billion before bouncing at $1.898 trillion on Saturday. While it’s too early to say the bottom is in, for now, it does seem like the …
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A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent Follows Bob Chapek’s Discussion …
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes …
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press release PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services. Whilst aiming to challenge existing technology such …
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has …
Hedera Hashgraph partnered with Neuron to track drones and record data using the blockchain technology provided by Hedera. The partnership between the two companies also involved the UK government. The report noted that the two worked together on a trial basis to collect and store drone data through a public ledger consensus. Hedera network to …
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Binance’s wrangles with regulators have not ended despite the beginning of a new year. Pakistan’s Federal Investigation Agency (FIA) has issued a formal notice to the Binance cryptocurrency exchange regarding a multi-million scam. The FIA has written notice to Binance asking the giant exchange to identify the links involving the fraud happening in the region. …
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A popular crypto strategist and trader is predicting that Bitcoin will ignite a rally above the $50,000 but warns that BTC may not be able to sustain its ascent. Pseudonymous crypto analyst Pentoshi tells his 462,300 Twitter followers that he expects Bitcoin to print a bearish lower high setup above $50,000 before resuming its downtrend. …
Crypto analyst Michaël van de Poppe says Cardano (ADA) isn’t far away from bottoming out and potentially resuming its long-term uptrend. In a new strategy session, Van De Poppe tells his 161,000 YouTube subscribers that Cardano has a strong support at the $1.00 level, and the level could act as a launchpad for future rallies. …
Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands step in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility as bears finally steered the market back …
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The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the “ignorant, reactionary internet mob.” The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency. On Dec. 31, 2021, Mozilla, the developers of the Firefox internet browser, tweeted that the company was accepting …
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Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan. The lawyer and economist Muñoz was steadfast in her support of Spain as a Bitcoin (BTC) destination, in a tweet on Friday: “The protests …
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The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week. Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and …
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