CKB Records Price Rally Of 341% Within One Month As Nervos Network Intends To Roll Out A DeFi Platform

Nervos Network (CKB) surged by a massive amount of 341% in a single month as its plans to introduce a Defi platform and to launch a new layer-2 offering that may prove to be beneficial. The crypto-asset market is still struggling and in the phase of finding a credible solution for the constantly increasing fees…

Read More

Mark Cuban Explains Why His Crypto Portfolio Has High Number of Bitcoins & Ethereum

Bitcoin early adopter, Mark Cuban explains why he has to portfolios and why 90% of his crypto is occupied by Bitcoin and Ethereum. Believes that Bitcoin is far superior than Gold and if public’s faith over Bitcoin is stronger so is the value of Bitcoin. Mark Cuban, a globally famous investor and multi-billionaire has always…

Read More

Further 3 Trillion Dollar Stimulus Is Expected In US, Crypto Economy’s Surge Expected

For meeting with the domestic demands and infrastructure requirements, US Administration under Biden is looking for issuing yet another 3 Trillion Dollar stimulus package. For this purpose Biden Administration is working tirelessly on drafting further legislation while there is an apparent discord amongst Parliamentarians who feel that the economy will be worsened further. Yet crypto…

Read More

Nearly $19 Million Raised by Enjin for Launching NFT Blockchain

The company behind the formation of the ERC-1155 NFT (non-fungible token) standard, more commonly known as Enjin, has recently managed to raise $18.9 million for the purpose of launching an all-purpose NFT blockchain on Polkadot. The purpose-built blockchain for NFTs is called Efinity, and its next-generation features allow for the availability of games, enterprises, apps,…

Read More

Former Chainalysis CTO Now FinCEN’s Acting Director

Major traditional firms like banks, insurance companies, and technology companies have continued to flirt around the Blockchain space as the market’s boom has continued attracting these prominent industry players. However, a new trend has seen many of the top expatriates and talents in these significant companies switch careers into the Blockchain sector, as the need…

Read More

Christine Lagarde Believes The Possibility Of A CBDC Is Not Realistic For Now

While there has been some form of misconceptions about digital currencies, they cannot be confused with cryptocurrencies or digital assets. Digital currencies are legal tenders backed by a nation’s Central bank, while cryptocurrencies are non-regulated Blockchain assets without a stable value. However, the Digital Yuan’s proposed launch by China’s Central Bank is believed to be…

Read More

FSCA Initiates Recovery Process of Looted Crypto, 1200 Bitcoins Transferred To Official Liquidators

FSCA launches process of recovering looted funds by MTI. The first recovery transaction comprised over 1200 Bitcoins which were transferred in the accounts of official liquidators for onward transfer to real beneficiaries. MTI, a so-called crypto trading platform, is a worldwide notorious scammer, which is banned in most of the jurisdictions. The latest jurisdiction to…

Read More

Visa Announces Its Availability For Entering Into Partnerships For Crypto Initiative

Visa Inc. has introduced a program that is equipped to allow access to crypto platforms for settling their crypto trade transactions. However, for conducting crypto transactions, trading platforms have to ensure that transactions are done on the basis of US dollar-backed stablecoins. It was announced by Visa that now the crypto transactions can be settled…

Read More