The leading blockchain and cryptocurrency solutions provider, Ripple announced a strategic ESG joint investment worth $44 million with Nelnet Renewable Energy, into one of Nelnet’s solar energy investment funds. According to the Press Release, this multi-million-dollar joint investment fund aims to finance solar energy projects throughout the United States, and further enable the adoption of […] [Read More...]

One of the international airports in Venezuela is all set to open a Bitcoin and other crypto payment options for ticketing amid the growing popularity of digital assets.  According to reports, Simon Bolivar International Airport is working towards enabling crypto payments in accordance with the local regulations. The airport is located in the capital city […] [Read More...]

A group of movie production outfits, including affiliates of the film studios Millennium Media and Voltage Pictures, filed a lawsuit against VPN.ht in March. The companies accused the VPN provider of promoting the piracy app Popcorn Time to its users, noting that a VPN.ht IP-address was repeatedly used to share pirated films. After filing the […] [Read More...]

Defi dominance has skyrocketed in 2021, with recent reports displaying a Total value locked in DeFi hitting an all-time high at $210.5 billion today, according to Defi Llama charts. This is exceptional growth, especially when compared to last year’s October 8 records displaying just $8.61 Billion Total Value Locked in Defi. Image Source: Defi Llama  […] [Read More...]

Binance crypto exchange announced the termination of key crypto derivatives offerings in South Africa earlier today. The world’s leading crypto exchange said the discontinuation of certain products and services in the region to comply with the local regulations. The crypto derivatives services that have been terminated with immediate effect include Futures, Options, Margin trading, and […] [Read More...]

U.S. Justice Department’s Deputy Attorney General, Lisa Monaco announced the launch of two initiatives in lieu of increasing cybercrime through the decentralized sphere in the nation. Yesterday, at the Aspen Cyber Summit, Monaco launched the National Cryptocurrency Enforcement Team, along with the civil cyber fraud initiative, furthering Anti-Money Laundering (AML) and cybercrime legal framework in […] [Read More...]

Bitcoin (BTC/USD) seems to have entered another bullish period, and the altcoins are following in its footsteps already, this time. The coin has skyrocketed by 25% over the past 7 days, beginning its surge as soon as October itself kicked off. In the last 24 hours, the coin skyrocketed by 5%, reaching $55,500 for the […] [Read More...]

Bitcoin ($BTC) breached $55,000 earlier today to post a new 5-month high of $55,568 with a near 10% gain over the past 24-hours. The top cryptocurrency has managed to breach the key resistance of $55K but couldn’t hold onto the support and currently trading at $54,287. Source: TradingView The top cryptocurrency is looking to take […] [Read More...]

 21Shares AG (“21Shares”), the world’s largest issuer of cryptocurrency ETPs, today announced Copper.co (“Copper”) will provide digital asset custody and staking services to secure the underlying assets of its cryptocurrency ETPs amidst increasing interest from institutional investors. Hany Rashwan, Co-Founder and CEO of 21Shares said, “Safeguarding our digital assets in Copper’s award-winning custody architecture provides […] [Read More...]

India’s crypto trading startup CoinSwitch Kuber gets the unicorn status after a fresh round of investment led by venture capital giant Andreessen Horowitz (a16z). This is the first investment by a16z in India which shows its confidence in the country’s rapidly emerging crypto market. Andreessen Horowitz (a16z) along with Coinbase Ventures has co-led an investment […] [Read More...]

The infamous, anti-crypto SEC Chairman, Gary Gensler reinstated that regardless of the US regulators’ crackdown on crypto, the commission has no plans to ban digital currency like the authoritarian Chinese state. In a House Committee on Financial Services this Tuesday, Gensler noted that SEC efforts are aimed at regulating cryptocurrencies and not banning them. The […] [Read More...]

The Bank for International Settlements (BIS) stated stablecoin payment systems must meet international standards for settlement, clearance, and payment in a new report published today, Coindesk reported. The report was issued together with the International Organization of Securities Commissions (IOSCO) and includes directions on application of the PFMI (Principles for Financial Market Infrastructures) to stablecoin […] [Read More...]

Cryptocurrency exchange Easy Crypto closed a $12 million series A funding round led by Nuance Connected Capital with the participation of Indonesian and US venture capital companies, the Kiwi exchange announced in a press release today. A new kind of venture capital fund Nuance Connected Capital is a new kind of fund, which supported the […] [Read More...]

The Defi protocol on the Fantom network, StakeSteak suffered an exploit today of 80,636 FTM along with 81,351 USDC, amounting to, $196,439. According to a Post-mortem release by the protocol, the hack was caused by a private key that was scraped from one of its repositories on Github that had been there for over 5 […] [Read More...]

The mania in the non-fungible tokens (NFT) market continued over the last quarter of Q3 2021. The NFT sales volumes for Q3 2021 stood at a staggering $10.7 billion growing eightfold over the previous quarter, as per data on DappRadar. During Q2 2021, this figure stood at $1.3 billion, and $1.2 billion in its previous […] [Read More...]

The CIA whistle-blower, and journalist, Edward Snowden, has also been an active member of the crypto community since governments began crackdowns, globally. Earlier today, Snowden tweeted in a thread to his year-old tweet about Bitcoin’s crash in lieu of governments’ crypto crackdown. Sometimes I think back to this and wonder how many people bought #Bitcoin […] [Read More...]

Amid the South Korean Crypto Crackdown, the latest report by the Yonhap News Agency revealed that the Korean Customs Service has confiscated nearly $750 million (885.6 billion won) in false remittances for cryptocurrency transactions this year. Furthermore, the report stated that the country has seen a drastic hike in illegal foreign exchange transactions using virtual […] [Read More...]

Crypto exchange Coinbase reported that threat actors took advantage of its SMS account recovery process to infiltrate users accounts. The report revealed that the threat actors accessed crypto funds from 6,000 Coinbase accounts, although the financial value of the theft was not disclosed. This is not the first time Coinbase has suffered a breach. Earlier […] [Read More...]

Ethereum (ETH) price bursts out of a sideways chart structure, consequently raising concerns for IMF towards the mass adoption of cryptocurrencies and how they could negatively affect world economies. Another interesting one for the crypto industry is Visa’s announcement of its blockchain interoperability hub to facilitate crypto payments. Let’s analyze the ETHUSDT price charts to […] [Read More...]

Bitcoin BTC’s price surged by 9.88% on the first day in October ’21, as it heads for Plan B’s October $63K price target. PlanB, famous for the stock-to-flow model predicts that Bitcoin as a store of value would attain the $98K mark in November and the $135K mark in December. He also mentioned a floor […] [Read More...]