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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone


Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set


After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...

Let’s Build a JAMstack E-Commerce Store with Netlify Functions


A lot of people are confused about what JAMstack is. The acronym stands for JavaScript, APIs, and Markup, but truly, JAMstack doesn’t have to include all three. What defines JAMstack is that it’s served without web servers. If you consider the history of computing, this type of abstraction isn’t...

Supreme Court has Ordered Bitfinex to Provide Documents Demanded by NYAG


The supreme court of the state of New York has decided that the office of Attorney General of New York (NYAG) has authority over Bitfinex the cryptocurrency exchange. As per the court filing, the decision has let NYAG continue the investigation and demand the documents as and when the...

‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service


Rakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment...

As US Expands Subprime Mortgage Program, Is a New Crisis Looming?


The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social...

Another Self-Proclaimed Satoshi Fails to Sway Crypto Community


Another person has attempted to claim the title of Satoshi Nakamoto, the creator of Bitcoin. According to a blog post published on August 18, this new person aims to expose his “real-life identity” through a series of written memoirs. The final ‘reveal’ will allegedly give...

Bitcoin Has 50 Times More Concentration Than Global Wealth


The basic idea behind the inception of cryptocurrency is to decentralize and take away the rigid control that some banks and organizations have on the monetary transactions. However, according to the latest report of the PARSIQ, an organization involved in the monitoring of the blockchain...

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