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FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
30.8.2022
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto
The Top Privacy Coins Saw Fewer Percentage Losses Than Most Tokens This Week
29.8.2022
The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%. Privacy Coins Manage...
Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi
29.8.2022
PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, “What’s the point of having a currency if you can’t use it?” While many projects are trying to establish utility for their tokens outside the world of blockchain...
Crypto Coin AVAX Drops 11% After Self-Described Whistleblower Says Avalanche Weaponized Litigation Against Rivals
29.8.2022
AVAX drops to the lowest since July 13 even as Ava Labs CEO dismisses accusation as "conspiracy theory nonsense."
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
Gas-to-Bitcoin Firm Crusoe Energy Sues Rival Alkane Midstream Over Patent Infringement
27.8.2022
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards
26.8.2022
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against the U.S. dollar during the last two weeks. Despite the lower prices, Bitcoin’s hashrate has jumped significantly in recent times and block intervals have sped up a great deal....
Regulators have a weak case against FTX on deposit insurance
26.8.2022
FTX made an error in messaging when it suggested depositors were insured, but federal regulators will have a hard time proving the exchange did so with sinister motives
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises
26.8.2022
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future...
BitBoy Crypto Says He’s Dropping Defamation Suit Against Fellow YouTuber
24.8.2022
Celsius Countersues Keyfi Founder, Company Claims Millions Were Stolen From Crypto Lender’s Wallets
24.8.2022
Roughly seven weeks after Keyfi founder Jason Stone filed a lawsuit against the crypto lender Celsius, the company has filed a countersuit against Stone claiming that he stole millions from Celsius wallets and allegedly “pocketed seven-figure returns.” Stone’s attorney Kyle...
The Rupee Dropped 4 Paise to 79.87 Against the USD in Early Trading
24.8.2022
As a result of the US currency’s strengthening in the international market, the rupee lost 4 paise in value against the US dollar in today’s starting trading. The rupee depreciated by 4 paise from the earlier estimate to 79.87 at the interbank foreign exchange from its opening price...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
23.8.2022
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said...
Crypto trader doubles portfolio in a month betting against Jim Cramer
23.8.2022
Cramer is known for giving his investment expertise as the host of CNBC’s “Mad Money” but has developed a reputation in the crypto community for missing the mark
In Early Trade, Rupee Adds 4 Paise to 79.80 Against USD
22.8.2022
The gradual dip in global crude prices is helping economies restabilize. Its most recent effect was witnessed on the INR (Indian Rupee) when the currency gained 4 paise against the US dollar. During early trade, INR reached 79.80 against the USD at the interbank foreign exchange. Some of the best...
Analyst Says if Silver Dips Below $18, Precious Metal Could ‘Get Absolutely Smoked’ — Morgan Report Founder Expects a Supply Crunch
21.8.2022
While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in value against the U.S. dollar during the last 24 hours. Silver has lost more than 28% against the dollar during the last 165 days or since March 8, 2022. Despite...
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
21.8.2022
In a world where Ethereum users don’t want to be censored, the idea of a user activated soft fork offers one way to push back
Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability
21.8.2022
Kate Gee is Counsel at Signature Litigation LLP, specialising in crypto disputes, civil fraud, and asset tracing.__________...
Read More: Landmark Crypto Judgment: Service by NFTs, Disclosure Orders Against Crypto Exchanges, and Potential Constructive Trustee Liability
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
20.8.2022
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entities, maximum of 5 years of imprisonment or up to KRW 50 million of fines can...