Blockchain
Blockchain
20 May 2022
Tether (USDT) Discloses That Its Reserves Are Fully Backed
After the stablecoin lost its peg to the US dollar last week amid the $UST drop, Tether Holdings Limited has stepped out to allay fears of a probable USD/USDT decline. The world's largest stablecoin
Blockchain
20 May 2022
Jack Dorsey Thinks Bitcoin Is the Currency of the Internet
According to CNBC, Jack Dorsey, CEO and co-founder of Block (previously known as Square), has reaffirmed Bitcoin's potential as a native digital money. Dorsey said today at the Block's investor c
Blockchain
20 May 2022
FTX Launches Stock Trading In The U.S.
In the United States, cryptocurrency exchange FTX has purportedly begun commission-free stock and ETF trading. However, the service will initially be limited to a small number of customers, with a c
Blockchain
19 May 2022
80% of Voters Want Terra Network To Be Rebirth
The TerraBuilderAlliance, Do Kwon, and other members of the community have agreed to fork Terra Luna in order to save the Terra environment. The voting is now open on Terra Station, and LUNA token h
Blockchain
18 May 2022
Binance Still Pushing For Regulatory Go Ahead in Germany
Despite the recent crypto market massacre, Binance, the world's largest crypto exchange by trading volume, is not abandoning its attempts to stretch its tentacles to new jurisdictions and grow its w
Blockchain
18 May 2022
Cardano New Research on the Blockchain
Cardano, a notable blockchain project, has published a new study paper on decentralized blockchain governance aspects. Aggelos Kiayias and Philip Lazos, blockchain experts at IOHK, blockchain res
Blockchain
17 May 2022
5 Brilliant Ways To Use Polkadot
Blockchain technology is allowing for new and exciting innovations in the world of modern business. One example of this is the emerging concept of Polkadot, which is a platform that can truly bring
Blockchain
17 May 2022
Terraform Legal Team Just Quitted
The legal team at Terraform Labs has resigned. Marc Goldich, Lawrence Florio, and Noah Axler, all members of the Counsel team, left the firm in May, according to their LinkedIn accounts. The Block a
Blockchain
17 May 2022
CFTC Chair Considers BTC and ETH a Commodity
The Commodity Futures Trading Commission (CFTC) Chair, Rostin Behnam, declared that Bitcoin (BTC) and Ethereum (ETH) are commodities. On Monday, he mentioned this in an interview with CNBC's Squawk
Blockchain
17 May 2022
Whales Filling Up On Cardano (ADA) Sees Possible Huge Rally
Major cryptocurrencies failed to recover over the weekend after a brutal sell-off for the most of this week, adding around 8% to the entire market value. Cardano is moving different. A multitude
Blockchain
17 May 2022
The Crypto Thief Who Stole $42,000
According to Bleeping Computers, a 24-year-old guy was sentenced to five years in jail for stealing crypto worth $41,900 after threatening to cut off the victim's fingers if they failed to comply wi
Blockchain
16 May 2022
Elon Musk’s Strong Thoughts For Dogecoin (DOGE)
Despite crypto values plummeting in yet another bloodbath this year, Elon Musk has praised Dogecoin, energizing supporters of the canine-themed coin. The reason he likes dogecoin is because it re
Blockchain
16 May 2022
Do Kwon Apologizes to the Terra Community
Do Kwon, the Terra blockchain project's brains, has apologized to Terra ecosystem and crypto community members for the recent depegging tragedy. Terra's algorithmic stablecoin, UST, depegged from
Blockchain
16 May 2022
Nigeria has issued new crypto rules to increase adoption
The Securities Exchange Commission (SEC) of Nigeria has issued new laws for the issuing and usage of digital assets in the nation, including cryptocurrencies. In April 2021, Coinfomania reported
Blockchain
14 May 2022
Do Kwon Bets $11 Million on LUNA Hitting and Staying Above $88
Terra creator Do Kwon gambled about $11 million with two crypto traders on the price of LUNA in March, in a move that has likely aged like milk. Kwon bet that LUNA would trade over $88 in March 2
Blockchain
14 May 2022
Coinbase’s stock has dropped to an all-time low
Coinbase, the largest cryptocurrency exchange in the United States, has had an extremely difficult week with the release of a poor first-quarter financial report that featured a contentious disclosu
Blockchain
14 May 2022
What distinguishes this bear market from the last one
Crypto.com CEO Kris Marszalek described the devastating drop in the market as a "very terrible day." Total market value losses in the previous seven days total $570 billion, or -33 percent. With
Blockchain
13 May 2022
CZ Explains Why Binance Discontinued LUNA and UST
Changpeng Zhao, better known as CZ, is the founder and CEO of Binance. Speaking from his own Twitter account, he explained why he decided to remove LUNA and UST from Binance. TerraUSD (commonly k
Blockchain
13 May 2022
Chainalysis is Now worth $8.6 Billion
Chainalysis, a blockchain analytics business, revealed Thursday that it has secured $170 million in a Series F fundraising round at a $8.6 billion value. This indicates that the company's valuati
Blockchain
13 May 2022
Do Kwon’s Recovery Plan For TerraUSD (UST)
Do Kwon, CEO of Terraform Labs, proposed a possible "solution" to the enormous crash that LUNA and UST suffered over the previous few days. TerraUSD (UST), a stablecoin linked 1:1 to the US dollar,
Blockchain
11 May 2022
Senator Yellen Requests For Stablecoin Regulation
The secretary of the United States Treasury, Janet Yellen, stated on Tuesday that stablecoin legislation is needed, but that TerraUST (UST) is dangerous. Secretary Yellen made the remarks during
Blockchain
11 May 2022
Do Kwon To Surrender LUNA To Aid the UST Peg
Do Kwon, the founder of Terra, announced plans to support the floundering Terra cryptocurrency on Wednesday. However, his strategy is expected to put even more pressure on LUNA costs. Terra (LUNA
Blockchain
10 May 2022
Only One Arithmetic Stablecoin Can Succeed?
Emin Gün Sirer, the creator of Ava Labs, has shared his thoughts on Terra's algorithmic stablecoin, UST. Due to the censorship risk of fiat-backed stablecoins, Gün Sirer believes there is a need
Blockchain
09 May 2022
Bitstamp Has a New CEO
Following the departure of Julian Sawyer, Bitstamp, one of the world's oldest crypto exchanges, has named Jean-Baptiste (JB) Graftieaux as its new worldwide CEO. Bitstamp announced on Monday that
Blockchain
09 May 2022
LFG Implements $1.5 Billion to Protect the UST Peg
The Luna Foundation Guard (LFG), a non-profit organization dedicated to all things Terra, just stated that it will lend $1.5 billion to safeguard the peg of their algorithmic stablecoin UST in the f
Blockchain
09 May 2022
US promises $15m for information on the Conti ransomware
The US Department of State has offered two separate $15 million rewards for information on the Conti ransomware organized crime ring. Any information that leads to the identification or location
Blockchain
08 May 2022
Esco Property Group’s Solution to Crypto Investments
People are starting to recall what it feels like to be normal again after a couple of years of anxiety caused by the COVID-19 outbreak, the world's response to it, and the global economy's difficult
Blockchain
07 May 2022
The Governor of California to regulate blockchains
California Governor Gavin Newsom signed an executive order aimed at supporting blockchain innovation in the state on Wednesday. California is the first state in the United States to provide a com
Blockchain
07 May 2022
Uzbekistan Legalizes and Taxes Solar-Powered Crypto Mining
According to a presidential directive issued earlier this week, Uzbekistan would allow crypto mining using solar-powered electricity. According to Reuters, the decision also exempted both domesti
Blockchain
06 May 2022
Senator Warren questions Fidelity about their Bitcoin 401(k) plans
Senators Elizabeth Warren and Tina Smith have written to Fidelity on the company's decision to enable Bitcoin investments in its 401(k) programs. The letter questioned the investment firm's failu
Blockchain
06 May 2022
China Relationship With Crypto Takes a Dramatic Turn
A high court in Shangai, China largest city and a global financial center, has recognized Bitcoin as property under Chinese law, putting the government against its own anti-crypto stance. Accordi
Blockchain
05 May 2022
Crypto miners in Kazakhstan now required to provide detailed reports
Kazakhstan has implemented new reporting criteria aimed at determining the pace at which crypto miners consume energy. Every crypto-miner in the country is required to disclose complete details a
Blockchain
05 May 2022
Fashion Designer Phillip Plein Dives Into Crypto
Many firms are testing the waters in the cryptoverse in order to move the fashion sector into new ideas and trends. Fortunately, the crypto sector has opened its arms wide, ready to accept and flour
Blockchain
05 May 2022
Binance Makes a $500 Million Investment in Elon Musk’s Twitter Bid
Binance, the world's largest cryptocurrency exchange, appears to be one of the sources of funding for Elon Musk's takeover of Twitter. Musk confirmed the move in a filing with the Securities and Exc
Blockchain
05 May 2022
Rapper Rick Ross Mocks Crypto Investors
Rick Ross, a popular American hip-hop singer, recently mocked cryptocurrency investors in a viral video, claiming that he does not think they are wealthy. According to the Maybach Music Group CEO
Blockchain
04 May 2022
India intends to levy a 20% tax on DeFi transactions
The Central Board of Direct Taxes (CBDT) of India intends to charge a 20% tax on interest received from investments in decentralized finance (DeFi). The Economic Times, a local news outlet, reported
Blockchain
04 May 2022
JD Vance, a Bitcoin enthusiast, has won the Ohio Senate race
JD Vance has won the Republican Senate primary election in Ohio, establishing him as the GOP's nominee in the highly anticipated Senate contest against Democrat Tim Ryan. Both parties are fielding c
Blockchain
03 May 2022
Algorand to Be The Blockchain Sponsor of FIFA World Cup
Algorand, a blockchain technology business, has signed a sponsorship and technical agreement with the Fédération Internationale de Football Association (FIFA), the world's governing body of associat
Blockchain
03 May 2022
Cardano (ADA) Market Update 05/03
Cardano (ADA), the native token on the namesake blockchain, recently fell to a more than one-year low due to whale dumping and a larger crypto crisis. However, its reduced prices are drawing substan
Blockchain
02 May 2022
Belgium requires registration before offering crypto-related services
Belgium's Financial Services and Markets Authority (FSMA) has imposed new rules requiring crypto firms operating in the nation to register with the watchdog and retain a certain amount of regulatory
Blockchain
02 May 2022
DeFi Lending Platforms Lost Over $80M in the Recent Attack
DeFi exploits have been a recurrent issue this year, with roughly $1 billion lost in in the first quarter alone. BlockSec, a blockchain analytics and security firm, disclosed a new $80 million DeFi
Blockchain
18 Feb 2023
Europe Will Continue to Be on Top of Worldwide Web3 Development
Ten of the top 30 web3 cities in the world are located in Europe, demonstrating the region's rapid rise to prominence in web3 technology. According to recent claims made by the European venture capi
Blockchain
01 May 2022
Will Elon Musk’s Crypto Be Impeded If He Sells Shares to Fund Twitter?
According to data from the Lead Lag report, Tesla's shares plummeted 5.56 percent on Tuesday as speculations circulated that Musk would be selling part of his huge ownership of the company's stock t
Blockchain
30 Apr 2022
How the Ripple vs. SEC Case is Going
Judge Analisa Torres has revised a planned timeline in the SEC v. Ripple case in an attempt to conclude hearings before the end of the year. According to the Thursday document, the Judge issued f
Blockchain
30 Apr 2022
Garlinghouse in Support For United States Crypto Bill
Ripple CEO Brad Garlinghouse praised both Democrat and Republican politicians on Saturday for their efforts to achieve comprehensive crypto regulation in the United States. Garlinghouse's remarks
Blockchain
30 Apr 2022
Over 60% of Brazil Thinks Crypto is the Future of Finance
According to a research by the crypto exchange Kucoin, more than half of the Brazil adult citizens believe that crypto will eventually take over as a store of value and a means of payment. Brazil
Blockchain
29 Apr 2022
Bitcoin halving research suggests a bottom of $24,000 before year end
One of the most hotly debated subjects in the crypto industry is the four-year halving cycle for Bitcoin (BTC) and its impact on the leading cryptocurrency's long-term pricing. After failing to r
Blockchain
29 Apr 2022
Goldman Sachs Now Offering Bitcoin-backed Loans
Goldman Sachs, a Wall Street heavyweight, has made its first Bitcoin-backed loan to a client. According to a Bloomberg article published on Thursday, the banking giant's secure lending facility allo
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