Global regulators are taking a gradual approach to establish rules and standards for the cryptocurrency space. It looks like that order for transparency and clarity is the common direction of authorities, including the European Union (EU). During the Korean Blockchain Read More
The cryptocurrency market is going up following the release of the US July Consumer Price Index (CPI). In contrast to the previous forecast, the US CPI inflation came in at 8.5%. While the figure is down below the expectation of Read More
The U.S. Department of Treasury has listed Tornado Cash on the List of Specially Designated Nationals and Blocked Persons (SDN) and prohibited American persons from using the service. Sanction violations can result in a $330,947 civil penalty as well as Read More
Troubled crypto lending firm Voyager Digital announced it will enable cash withdrawals on Thursday after the court had approved it. Customers with cash in their accounts can expect withdrawals to reopen as early as August 8. The platform previously halted Read More
Binance, the world’s largest cryptocurrency exchange, is facing legal risks such as accusations of money laundering and illegal securities offerings, as the Securities and Exchange Commission (SEC) is focusing its attention on every exchange operating in the United States. The Read More
The US Senate wants to take the crypto regulatory power of the SEC and put it in the hands of the CFTC, which the lawmaking body views as much better for the market. During the U.S. Congressmen on August 3, Read More
The Solana ecosystem is in the middle of a security emergency as over 7000 wallets were drained by and ongoing hack, and the figure seems to be rising. Cointelegraph reported on Tuesday that an ongoing widespread Solana wallet compromise was Read More
The crypto market stays in limbo as we move forward into the last four months of the year. Now, the FCA is looking for new ways to regulate cryptos. The crypto industry’s presence is undeniably more widespread than in its Read More
According to the Bureau of Economic Analysis released on Thursday, the U.S. Gross Domestic Product (GDP) declined by 0.9% in the second quarter. Consumer spending, the key factor that plays a significant role in the country’s GDP growth, increased by Read More
All eyes are on Ethereum’s coming Merge – is ETH the next #1 token? While Bitcoin and Ethereum came onto the crypto scene with different purposes, there is constant competition between the two largest coins and Ethereum never wins. But Read More
The crash won’t kill DeFi – instead, it creates a solid base for strong projects to thrive in the future. DeFi projects on Ethereum such as MakerDAO, Aave, and Uniswap, among others, may have different directions and goals, but they Read More
After two weeks in red, the crypto market has shown bullish signals since last weekend, but is it the time to celebrate? Since the market crash, red has been the dominant color during trade, with bankruptcy news flooding in. Bitcoin Read More
Projects are still working on their goals amid the market downturn, and Ethereum is making progress. We’re just over two months away from the long-awaited upgrade of the Ethereum blockchain – the Merge. Tim Beiko, an Ethereum core developer, stated Read More
We are watching what happens when a “crypto bank” goes bankrupt. Major cryptocurrency lender Celsius has filed for Chapter 11 bankruptcy protection under U.S. law after suffering severe losses due to the impact of market turmoil and liquidity shortage. The Read More
The crypto winter might get worse as the latest news of Mt. Gox surfaced ahead of the forthcoming Fed meeting. On July 6, attorney Nobuaki Kobayashi, who was appointed trustee in the reorganization of Mt. Gox, confirmed that he was Read More
Where will Celsius get the money to pay its debts? Celsius’ repayment campaign is still on as the troubled cryptocurrency lending platform just paid off $78 million in USDC to Aave in fourth transactions on Monday. In addition to repayment, the Read More
Celsius was described as a Ponzi scam and a fraud by its former business partner. What a statement. Let’s go… On July 7, Jason Stone, the CEO of KeyFi Inc., said that he is pursuing legal action against major cryptocurrency Read More
Reddit is betting big on the future with NFTs. Two years after the launch of Avatar Builder, a signature feature of Reddit, the leading social community has evolved these Snoos into the following significant ambition – non-fungible token (NFT). In Read More
Financially troubled lending platforms have fallen like a row of dominos. Toronto-based crypto broker Voyager Digital said Tuesday night that it filed for Chapter 11 bankruptcy under U.S. law in the Southern District Court of New York. Voyager has been Read More
July started with a lot of negative news, pushing the price of top cryptocurrencies down at times. The price of bitcoin has fallen below the all-time high of the 2017 bull cycle for the first time. The unexpected events of Read More
