Browsing: crypto

In the vibrant world of cryptocurrency, Justin Sun, the Tron blockchain founder, has made a buzzworthy move by securing a whopping 656.4 billion Shiba Inu tokens in his wallet. Meanwhile, Gala and Borroe Finance , two rising stars in the blockchain universe, are gearing up for anticipated sharp price increases. Justin Sun’s Massive Shiba Inu

The SEC alongside the DOJ, has levied serious charges against key figures in a $1.9 billion cryptocurrency fraud scheme involving Hyperfund. SEC and DOJ Crack Down on $1.9 Billion Hyperfund Crypto Fraud The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have taken major legal action against individuals involved in a

Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory could follow gold’s blueprint from 2004 and the years after, just

Congressman Tom Emmer’s CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict Americans’ transactions,” the lawmaker cautioned. CBDC Anti-Surveillance Bill Gains Support in Congress Seventy-five U.S. lawmakers now support

The United Arab Emirates government recently announced the unveiling of a white paper which underscores the potential of the metaverse but also the areas “where the global community must strengthen its preparedness.” Globally Accepted Standards The United Arab Emirates government recently unveiled a white paper dubbed the “Responsible Metaverse Self-Governance Framework.” According to a statement

The recently hacked Nigerian gift card and crypto exchange platform Patricia said on Sept. 29 that it had raised money to refund users. Some users have reportedly grown impatient with the crypto exchange and are weighing their legal options. Unilateral Conversion of Users’ Funds The Nigeria crypto exchange platform Patricia has reportedly raised an undisclosed

As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms in Cryptocurrency Proof-of-work (PoW), first introduced by Bitcoin in 2009, requires miners to compete to

Cryptocurrency can be a volatile investment. Prices can swing wildly in a matter of hours or days, making it difficult for individuals to know when to buy or sell.However, downturns in the market can be the perfect time to buy crypto. Here’s why:Lower PricesDuring a downmarket, crypto prices are generally lower than during a bullish market. This

The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign CBDCs Enter Into Force in Russia Russian authorities have granted digital currencies of other

The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021. Crypto options exchange Deribit’s future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of

Cryptocurrency has been a topic of discussion for a while now, and with good reason. It has already started to change the way we think about finance. But what does the future hold for cryptocurrency?In this article, we will discuss where cryptocurrency is going in the next 10 years and how it will change the

If you’re involved in the crypto space, you’ve likely heard of Bitcoin Miami.It’s one of the industry’s biggest crypto meetups that explores the latest developments and trends in the world of Bitcoin and cryptocurrencies through panel discussions, workshops, and networking opportunities.This year, we went behind the scenes at Bitcoin Miami 2023 and spoke to enthusiasts, developers

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times.Why is the Bitcoin Network Congested?The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity.Additionally, the limited block size of 1MB means that only a fixed number of transactions can be

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The European Securities and Markets Authority (ESMA) has issued a warning regarding investments in assets like cryptocurrencies. They will remain unregulated in most countries until the EU’s Markets in Crypto Assets (MiCA) law is enforced across the Union, the regulator pointed out. ESMA Highlights Risks Related to Unregulated Products and Services for Crypto and Other

Today we’re introducing a new way to earn up to 8% annually on your Bitcoin (BTC): Active Rewards.For those who have a market view on where the price of Bitcoin will go, Active Rewards can be used to maximize your potential rewards at up to 10x the rate of Passive Rewards (formerly “Rewards”).What is Active Rewards?Active Rewards