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Verge Price Fails to Follow Market Sentiment; Appears Bearish


Verge currency pulls back gradually after hitting the YTD high earlier in June and has gradually shifted to a rank below 100 and 115 after a gradual correction from $0.009 to currently trading at $0.00436. Verge, as a Platform Making it All Worth the Investments Verge, although trading below...

Bitcoin Rallies, Altcoins Could Follow Soon


Bitcoin price remained in a positive zone and it finally managed to climb above the USD 16,000 resistance zone. BTC gained 5% and there was a break above the USD 16,400 resistance. The price is currently (04:30 UTC) correcting gains. Conversely, there were mostly range moves in most major altcoins...

Bitcoin Rallies, Altcoins Struggle To Follow


In the past three sessions, there was a strong bullish momentum in bitcoin price above the USD 14,000 resistance. BTC surged over 8% and it even broke the USD 14,500 and USD 14,800 resistance levels. The price traded close to USD 15,000 and it is currently (13:00 UTC) showing no signs...

Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack


Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the token. Cronje’s comments follow...

Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow


5th October 2020, leading Crypto service comparison site – Cryptowisser, announces its Crypto exchange graveyard. The detailed page lists and explains the many crypto exchanges (largely centralized exchanges) that have disappeared, expired or collapsed this year, giving an insight into...

Shenzhen Stock Exchange Could Follow Shanghai after Blockchain Move


The Shenzhen Stock Exchange Square. The Shenzhen Stock Exchange has become the latest major exchange to indicate that it is ready to begin blockchain-powered trading – after “re-developing and building” a blockchain-based equity registration and custody platform for Beijing’s regional equities...

Shanghai Issues Draft Blockchain Standards, National Effort to Follow


Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom. According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...

SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency


A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...

Multiplier DeFi (Beta Release) Targets Tokenized Bonds


1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on...

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