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Crypto’s correlation with mainstream finance could bring more bleeding soon
13.9.2022
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes
Is PancakeSwap Thrive the Market as a DEX Platform?
13.9.2022
PancakeSwap is a decentralized exchange that runs on Binance Smart Chain. It offers better transaction rates and lower fees than other similar decentralized exchanges like Uniswap or Sushiswap. Lower fees on the Binance Chain also make it a popular project. It offers faster and cheaper trading...
The Merge: Ethereum’s Transition to PoS Consensus
13.9.2022
The Ethereum network is right about to shift from the power-hungry Proof-of-Work (PoW) to an eco-friendly Proof-of-Stake (PoS) mechanism. It’s worth mentioning that the Beacon Chain, Ethereum’s PoS network, was introduced back in 2020 but hasn’t been used for processing transactions yet. The Merge...
UNUS SED LEO (LEO) and BudBlockz ($BLUNT) See Increased Purchasing Volume
13.9.2022
Currently, the crypto market is one of the most dynamic markets in the world. This is largely due to the high level of speculation that characterizes the market and the constant innovation and development unfolding at every turn. Because of this dynamism, the price of crypto assets, including coins...
Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US
13.9.2022
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants allegedly misappropriated large sums of investors’ money to lease a Lamborghini, shop...
Ether and PoW Coins Outperform Rivals as The Merge Draws Near
13.9.2022
As The Merge draws near, ETM is beating most other top digital assets, trading recently for $1,700, up 14% since September 7. However, a few Proof-of-Work (PoW) tokens are surging even more as traders speculate on the likely destination of Ethereum’s displaced workers after the long-awaited...
Singapore Tops List of 8 Countries ‘Most Interested in the Ethereum Merge’
13.9.2022
With a total search score of 377, Singapore is the top-ranked nation among countries most interested in the Ethereum blockchain’s upcoming The Merge, a new Coingecko study has found. The same study also found that among the top eight ranked countries, proof-of-work (PoW) related searches...
WazirX Bank Accounts Unfrozen, Continues to Cooperate With ED
13.9.2022
WazirX has published an official blog post to clarify that it will continue cooperating with the Enforcement Directory in its actions against allegedly accused fintech companies and instant loan mobile applications. WazirX is an Indian crypto trading platform established in 2017 by Siddharth Menon...
Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto
13.9.2022
Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies....
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
Brother of former Coinbase employee pleads guilty to charges related to insider trading: Report
12.9.2022
Nikhil Wahi and his brother Ishan were arrested and charged in July, while their associate Sameer Ramani remained at large at the time of publication
Cryptocurrency is picking up as an instrument for tyranny
12.9.2022
From ubiquitous surveillance to negative interest rates, crypto is giving dictators and global corporate leaders new ways to intimidate, oppress and subjugate humanity
Biggest Movers: SOL, Near Protocol up by Over 10% to Start the Week
12.9.2022
Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose...
Bitpapa Enters Kenyan Cryptocurrency Market
12.9.2022
PRESS RELEASE. In the face of financial regulators’ overall negative attitude toward digital assets, P2P marketplaces have become the platforms of choice across Africa. As the world leader in P2P cryptocurrency exchange, Kenya has drawn much attention from many P2P exchange service...
ETH Holders on BNB Chain to Seamlessly Pick Up ETH PoW Airdrop
12.9.2022
Binance has announced extending the support to ETH holders on BNB Chain for ETH PoW airdrop. ETH holders can seamlessly get their fair share of the airdrop without bridging their ETH tokens to the Ethereum mainnet. The Ethereum is expected to happen sometime between September 13, 2022,...
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
Could Crypto Feline Big Eyes Coin Outperform TRON and Solana by December 2022?
12.9.2022
It’s never easy for a new cryptocurrency to perform like its established predecessors; this could be because of a late head start or simply because it lacks the potential. TRON (TRX) is a crypto which has been around for some time now; the same goes for Solana (SOL). The reason they’re still among...
Is ApeCoin the Next Cryptocurrency to Explode On APE Staking Launch
12.9.2022
ApeCoin appears set to pump in the coming days and weeks ahead of staking for APE going live.
The coin has made steady gains in the last seven days, up 15% on the week and 7% in the last 24 hours, with more growth expected after Horizen Labs announced they would hold a Twitter Spaces on...