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Reversible blockchain transactions would improve cryptocurrency
5.10.2022
For some users, reversibility runs up against the idea of the blockchain. However, it could be a critical tool for fighting hackers and encouraging the mass adoption of cryptocurrency
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
Biggest Movers: DOGE, XRP Hit Highest Point Since Late September
5.10.2022
Dogecoin was trading near its highest point since late September on Wednesday, as prices rose for a second straight day. The rally comes as the meme coin continues to trade above a key resistance level, following a breakout on Tuesday. Xrp was also in the green today, trading close to a one-week...
FTX’s $1.4B bid on Voyager Digital assets: A gambit or a way out for users?
5.10.2022
FTX has bid $1.4 billion for Voyager Digital’s assets, looking to provide users a way out if they move to its platform, but there are risks
Russia Allows International Trade in Cryptocurrency for Any Industry
5.10.2022
The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions.
The Russian Ministry of Finance acknowledges the growing significance...
The Alternatives to Solana in Light of Yet Another Outage
5.10.2022
Engineers have restored Solana’s Blockchain to 100% operational status in response to a network error. “The issue was a node was misconfigured or running Solana,” Stakewiz said, a Solana operator. This isn’t the first time Solana has had outages, network issues, etc. Last...
GPU Mining on Ethereum After ‘The Merge’
5.10.2022
Major digital currencies have come under scrutiny in recent years for being particularly power-hungry. Currently, in widespread usage, the proof-of-work system safeguards transactions by having users execute progressively more complex cryptographic calculations. However, the networks provide...
Can Cryptocurrencies Replace Fiat Currencies?
5.10.2022
Perhaps you have been wondering if cryptocurrencies could replace fiat currencies someday. Whether there is a good chance or there appear to be strong odds, it will be up to you to decide. Here are some of the possibilities that you may want to consider. There Might Be A Good Chance When...
Market Cap in Crypto: What It Is And Why Does It Matter?
5.10.2022
There must have been a lot of news and articles online saying how profitable cryptocurrency trading could be. But believe it or not, cryptocurrency does not have any inherent value, according to Yahoo! Finance. It is the people or the users who give worth to the digital coin. As long as many people...
Ethereum, Ethereum Classic, And Ethereum 2.0: What’s What?
5.10.2022
As if the words blockchain’ and ‘cryptocurrency’ didn’t already sound complicated enough, newcomers to the crypto space also have to contend with a lot of similarly-sounding concepts. Take Ethereum, for example. As the second crypto coin by market cap, it’s arguably as famous as Bitcoin....
Saudi’s Recent Hiring Depicts a Change in the Approach Toward Cryptocurrencies
5.10.2022
Saudi Arabia was earlier reluctant to boost the wider adoption of cryptocurrencies. Since the government or any government officials did not back it, the region’s citizens were advised not to indulge in the exchange or trading of digital assets. Another factor that contributed to suppressing...
Bitcoin, Ethereum Technical Analysis: BTC Climbs to 2-Week High
5.10.2022
Bitcoin continued to trade above $20,000 on Wednesday, as the token remained near a two-week high. Bullish momentum in cryptocurrency markets has been higher this week, with prices surging after a recent downward spell. Ethereum, on the other hand, was largely unchanged in today’s session....
European Regulator Lists What is Needed for 'Responsible Crypto Sector'
5.10.2022
More dialogue between the crypto industry and supervisors, consumer education, “rigorous compliance,” and even a “mind shift” for some crypto firms are necessary for creating a “responsible” crypto sector, said José Manuel Campa, chairperson of the European Banking Authority (EBA)....
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Big Eyes Coin’s Uniqueness Will Allow It To Overtake Identical Meme Coins Copying Dogecoin
5.10.2022
Take a look at all the leading meme tokens on Coin Market Cap, and you will see only canines. And not only canines but almost all of the same breed: Shiba Inu. Indeed, even the first meme coin to come into fruition was Shiba-based Dogecoin (DOGE). It begs the question, why after almost a decade...
Binance and Kazakhstan to Share Information About Crypto-Related Crime
5.10.2022
Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit...
Ribbon Finance Introduces Aevo, an Ethereum-Based Options Exchange
5.10.2022
Ribbon Finance recently released its options exchange Aevo on Ethereum. The launch allows users to trade the ETH option chain quickly and seamlessly. The platform made a Twitter thread to inform users about the development. The tweets shed some light on the operations of Aevo and how the launch...
Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker
5.10.2022
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected...
Coinbase CEO announces documentary on cryptocurrency and exchange
4.10.2022
Armstrong said that the documentary will capture “the good, bad, and ugly” of building a tech start-up from the ground up
Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals
4.10.2022
Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training....
Biggest Movers: MATIC Hits 3-Week High, LINK up Almost 10%
4.10.2022
Polygon raced to a three-week high during today’s session, as bullish sentiment returned to cryptocurrency markets. Chainlink was also in the green, as the token surged for a second straight day, rising by almost 10% in the process. Overall, the global crypto market cap is up 3.06% as...