During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the 40% region for several days now. …
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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 …
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 …
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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 …
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Layer-1 blockchains are having somewhat of their own internal war in crypto circles these days, with the likes (and communities) of Ethereum, Solana, Cardano, Elrond, NEAR, and several others going at it on Twitter and Discord daily. A bit away from the action—and with its own fan following—is Radix, another layer-1 blockchain in development since …
Continue reading “Piers Ridyard from Radix on how to scale blockchains and the future of DeFi”
On Nov. 14, the highly anticipated Bitcoin upgrade Taproot was activated on block 709,632 with the aim of kindling a DeFi and dApp ecosystem around the decentralized currency, giving it a more Ethereum-like functionality. But while Taproot received almost universal support from the Bitcoin community—unlike the divisive 2017 SegWit upgrade—it has not resulted in any …
Continue reading “Will Bitcoin’s Taproot upgrade cause a “DeFi rain”?”
As per the local news source, NDTV, India might ban all major crypto assets when it introduces the new “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021″ this winter. The government is also exploring the possibility of issuing a digital currency backed by the Reserve Bank of India. “The Bill also seeks to …
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Social trading exchange eToro said it would delist Cardano (ADA) and Tron (TRX) for U.S users. Affected users will not be able to open new positions or receive staking rewards in respect of those tokens. The company said the move was due to “considerations” related to “the evolving regulatory environment.” It made no further comments …
Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The …
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As part of its marketing push, popular meme coin, the Floki Inu project has just added the Italian football giant S.S.C. Napoli to its list of partners through a sponsorship deal announced recently. Floki Inu’s logo to be on Napoli shirt Per the announcement, the sponsorship agreement would see the logo of the Floki Inu …
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Tesla boss Elon Musk was at the receiving end of a witty comeback at the hands of Binance CEO Changpeng Zhao (CZ) on Tuesday. In a tweet, Musk saw fit to call out CZ over a glitch to do with Dogecoin wallets on the exchange, labeling the episode “shady.” He added that Binance Dogecoin users …
Continue reading “CZ fires back at Musk over “shady” Dogecoin wallet issue”
As part of its marketing push, popular meme coin, the Floki Inu project has just added the Italian football giant S.S.C. Napoli to its list of partners through a sponsorship deal announced recently. Floki Inu’s logo to be on Napoli shirt Per the announcement, the sponsorship agreement would see the logo of the Floki Inu …
Continue reading “Floki Inu to sponsor top Italian football club SSC Napoli”
Tesla boss Elon Musk was at the receiving end of a witty comeback at the hands of Binance CEO Changpeng Zhao (CZ) on Tuesday. In a tweet, Musk saw fit to call out CZ over a glitch to do with Dogecoin wallets on the exchange, labeling the episode “shady.” He added that Binance Dogecoin users …
Continue reading “CZ fires back at Musk over “shady” Dogecoin wallet issue”
According to a press release shared by Ripple, the XRP ledger is all set to partner with the Republic of Palau to help circulate digital dollars in the country. The press release also states that Ripple will be working on designing a USD-backed stablecoin that will help create other services such as corporate registries. Despite …
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EY, one of the big four consulting and auditing firms in the world, found that one in four hedge funds are expecting to increase their crypto exposure for the next year. The 2021 EY Global Alternative Fund Survey describes that alternative fund managers are slowly taking a stable place in the portfolios of investors, with …
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