Russian are famous for doing everything excessively and to a level where others may be annoyed. But this is how they act normally and they like to be as they are. This sense of doing everything “excessively” can be witnessed in the adoption of virtual assets amongst the Russians as they recently concluded survey reveals…
The founder of Tron, Mr. Justin Sun too could not resist the overwhelming trend of NFTs and ended up being attracted towards an NFT of his liking i.e. Cryptopunks famous figurine of “Joker” which according to him resembles Marvel’s notorious villain character “Joker” – Batman’s worst enemy. The trend of Non-Fungible Tokens (NFTs) is overwhelmingly…
Bill Gurley describes he is persuaded by the authenticity of Ethereum which convinced him to give preference to ETH coins over Bitcoins in acquiring ETH coins for his personal portfolio. He acknowledges that he was convinced after looking at the arguments presented by the Ethereum community regarding the world’s 2nd top crypto coin. Bill Gurley…
The United Kingdom-based privately owned digital currency trading platform and equity organization authority have pumped in around $210m to fund the North American BTC miner. North American BTC infrastructure company Blockstream, co-created by cypherpunk and cryptographer Adam. Adam maintains a positive unicorn rank as its newly released worth comes close to $3.2b. As per North…
South African Reserve Bank (SARB) continues to stick to its long-prevailing crypto perspective as the bank’s Governor has reiterated that SARB does not consider Bitcoin or any of its kind as “currency”. At best cryptocurrencies can be treated as “crypto-assets” and there is nothing less or above that, said Governor Lesetja Kganyago. He opines that…
Just recently, Paxos made an announcement about changing the name of their stablecoin from PAX to USDP. According to strategies lead at Paxos, Mr. Walter Hessert, the reason why this sudden brand change happened, it’s because Paxos wants to make things a bit clearer that their stablecoin is supported by US Dollar, so changing it…
MBOX (MOBOX) is a cryptocurrency that has recently gained popularity. It was launched in April of 2021. After being revived in 2021 with the inclusion of MOBOX as the 22nd project, it allows users to wager tokens in exchange for the opportunity to get additional cryptocurrencies. The announcement had immediate consequences. MOBOX tokens were trading…
International Monetary Fund (IMF) is of the view that virtual currencies like that of Bitcoin and others pose potential risk and dangers because they are issued by not the central banks but private individuals and networks. IMF also denies that Bitcoin can be an alternate to a “national currency” instead it suggests that those who…
Cardano founder Charles Hoskinson appears to enjoy the progress that Solana (SOL) has had. He congratulated them for their prosperity. Also, he wanted to understand the project’s details, asking where to find the necessary info. Solana was the first alternative asset to set a new record high after the May crash. Moreover, the coin posted…
Along with growing their digital collections, large businesses acquire popular non-fungible tokens as they gain popularity. Without a question, the non-fungible token (NFT) sector is one of the most popular elements of cryptocurrency and blockchain technology. Indeed, NFTs are typically the subject of heated debates both within and beyond the organization. This explains the growing…
A District Court in the US brought down wrath upon Arisebank’s CEO by awarding him five years of sentence along with a fine of US$ 4,258,073 because he was found guilty of crypto fraud. He accepted his guilt before the Court by admitting that he had defrauded crypto investors and used their funds for his…
While the Securities & Exchange Commission (SEC) of Thailand wants to amend certain laws for ensuring “investors’ protection”, there is a chance that during the process, crypto custodians would witness a ban debarring them to further sublet the investors’ assets for monetary gains. SEC, for this very purpose, has engaged with the public in a…
DG Flex Review Looking for a broker to start trading in the financial markets? If you are, then this DG Flex review will certainly come in handy. The massive amount of brokers that have popped up in the markets is disconcerting to say the least. Many people are unsure of how to sort through the…
Briefly – REV traded at another ATH at $0.023 SOL and SAND attained their new ATHs on 30 August. XTZ faces resistance near $6. Let’s analyze the altcoin shakers and movers over the previous week. Will the tokens sustain their momentum? Revain (REV) REV has seen price upticks since 20 July, when the token traded…
A new Chief Executive Officer for Binance Singapore has been engaged by Binance Global who was once associated with the national regulator. The background for appointing an ex-official of the regulator has been revealed by Binance Global to make sure that the crypto firm leaves no stones unturned when it comes to ensuring compliance with…
The government will not impose crypto travel limitations until it has finished the creation of new technologies, ensuring appropriate technological capabilities. According to Daniel Mossop, assistant secretary of the Australian Department of Home Affairs, who testified before the Senate Committee on Australia on Friday, August 27, 2021, a technological solution that “eliminates a lot of…
Ripple has had several activities, SEC case affecting the movements by the global funds transfer blockchain solution. Most people know Ripple due to its innovative cryptocurrency approach. The blockchain network plans to unveil ‘smart contracts.’ XRP has received massive support from its community. XRP joined the crypto space in 2012 as a blockchain project designed…
Will Litecoin (LTC) Rally Back to ATH? – Price Prediction Litecoin has seen massive volatility since the start of 2021, losing 74% from the highest point at $413.6 on May 10 to $104.11 lows on July 20. For now, the asset has not recovered its plunges to reclaim the May highs. However, the coin seems…
Neuberger Berman, a multibillion-dollar and well-established asset management firm, has recently been allowed to invest a relatively minute percentage of its overall assets into crypto. This is made possible due to Bitcoin (BTC) ETFs (Exchange Traded Funds) and BTC futures. It had been via an amended regulatory filing that was made in conjunction with the…
United Wholesale Mortgage Company in the US has revealed its proposal through which the lending company wishes to accept Bitcoin as a mode of payment. The company plans to receive mortgage installments from its customers even in the form of Bitcoin if they so desire. However, crypto integration is proposed to take effect at the…
