Bittrex Crypto Exchange Fined for US Sanction Evasion
12.10.2022
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fine of about $24 million on crypto exchange Bittrex which also had to sign a $29 million settlement with the department’s Financial Crimes Enforcement Network (FinCEN). The fines are related to the exchange’s...
BNB fails to hold 100 EMA; Reaches close to another breakdown!
12.10.2022
Developing a decentralized Binance Chain is not a one-day work but the combined work of multiple validators and BNB holders. With sufficient BNB holding, anyone can put themselves as a Binance Smart Chain validator, but the combined volumes of validators allow the development of a decentralized...
'High Risk' Crypto Activity Surges in Eastern Europe Amid Russia-Ukraine War: Chainalysis
12.10.2022
Crypto activity determined as "high risk" and "illicit" has surged in Eastern Europe since the start of the Russia-Ukraine war, according to a report by blockchain analytics firm Chainalysis
Bitcoin Price Prediction as Recession Fears Rise – Can BTC Reach $100,000 After Bear Market?
12.10.2022
Over the previous few days, the Bitcoin price has hardly budged from its $19,000 level, mostly maintaining a narrow range. On October 12, BTC barely made any moves and soared about 0.25% in the 24 hours.
Concern about a recession among investors is comparable to that voiced in 2020 when 75%...
Helium (HNT) continues its indecisive and consolidated journey!
12.10.2022
In this uncertain time, cryptocurrencies have seen an outflow, and Helium is no exception. In the last two years, many new users have rushed into the market and driven the price up, but now due to volatility, the retail investors are escaping, and big investors are selling stakes in some...
OpenSea NFT Marketplace Launches on Avalanche Blockchain
12.10.2022
Major non-fungible token (NFT) marketplace OpenSea has launched on the layer-1 blockchain Avalanche (AVAX).
The marketplace shared the news via a tweet on Tuesday:
TechCrunch reported that both companies have confirmed the news, saying that OpenSea will operate on the blockchain alongside...
Hedera (HBAR) rises more than 10% in just a single day!
12.10.2022
Hedera is an innovative distributed ledger technology known as Hashgraph. It is a consensus algorithm where a community of users completes transactions. First, you have to understand the difference between blockchain and this Hashgraph consensus. On a blockchain transaction, single blocks create...
Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others
12.10.2022
Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund and founders of crypto exchange Bitpanda, among others
Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity
12.10.2022
Originally a DeFi platform that released a Web3 wallet in May, Zerion aims to make Web3 data and identity transition seamlessly across applications
GameFi would become the onboarding point for Metaverse: Animoca Brands CEO
12.10.2022
Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses
DIFC Courts delivers Tejouri the GDV constructed on Hedera
12.10.2022
The Dubai International Financial Centre (DIFC) Courts conducted an exclusive launching exercise at GITEX Global. This was in terms of the deliverance of Tejouri and a Global Digital Vault constructed ably and effectively on the platform of Hedera. This entire launching act was with...
Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto
12.10.2022
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto...