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Demand for Crypto Analytics Continues as Messari Raises $21 Million

6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...

Cardano Can Take on Bitcoin, Ethereum in the Long-term

6.8.2021
The brainchild of Charles Hoskinson, who has earlier been credited with co-founding Ethereum, has some promising potential in contrast with the latest happenings in the crypto world. Cardano was officially launched in September 2017, and in merely three years, ADA has reached fifth position...

New Draft Law in Uruguay Could Legalize Crypto as Payment Method

6.8.2021
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers...

Join The Smart Marketing Token (SMT) and Revolutionize Blockchain Marketing

6.8.2021
PRESS RELEASE. The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community. However, existing marketing services...

Bitcoin and Ethereum Correct Gains After a Strong Rally

6.8.2021
Bitcoin price remained stable above the USD 38,000 support zone. As a result, BTC started a fresh increase and it broke the USD 39,000 and USD 40,000 resistance levels. After surpassing USD 41,000, the price is currently (04:29 UTC) trimming gains and moving towards USD 40,000. Similarly, most...

Ciphertrace Announces Enhanced Monero Tracing Capabilities for Governments

6.8.2021
Crypto compliance firm Ciphertrace has announced enhanced tools for tracing Monero transactions. “Ciphertrace takes Monero tracing capabilities to the next level with the ability to follow the flow of funds backwards from the transaction of interest to its source,” the company claims....

Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum

5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...

Bitcoin Fees 'Unusually Low' But Set to Increase

5.8.2021
Bitcoin mining rigs. Fees on Bitcoin (BTC) network have dropped more than 90% in a month, with industry insiders noting that they are low compared to what has historically been seen - but that they will now start gradually rising as a series of mining difficulty adjustments that aimed to balance...

Russia to Track Crypto Transactions With Help From Sberbank-Owned Company

5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...

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