The Biden administration reportedly plans to take severe measures on the use of digital assets in ransomware attacks by starting to track such transactions. Crypto Tracing to Combat Cyber Attacks The governing body of the USA discussed how to combat the growing number of ransomware attacks during a virtual briefing with members of Congress. According...Read More
As crypto ownership and interest continue to rise in the UK, the country’s financial watchdog, the Financial Conduct Authority (FCA), is planning to launch a £11m ($15.25 million) marketing campaign to warn young investors about risks associated with crypto investments. FCA Targeting Millennials According to the regulator, the ads, which will be targeted at UK...Read More
Ethereum price is on a bumpy ride fluctuating above and below the psychological $2000 level. In the last 24 hours, ETH dipped below the key support level at $1890, hitting $1879. However, a resurgence followed as the 24hr high is $2045. ETH tried to break the resistance at $2020 but failed by a cent. It...Read More
Cardano’s Alonzo testnet went through a hardfork yesterday. Alonzo White, as the effort is called, was successfully implemented, so let’s examine what’s next for the network. Alonzo White Hardfork Successful In a Twitter update from yesterday, IOHK revealed that the Alonzo testnet went through a successful hardfork called Alonzo White. “We’ll monitor the new network...Read More
Ripple was trading at $0.6202 this morning, up 0.11 percent from yesterday. Yesterday’s volume was up 10.46 percent from the day before. This indicates that the price increase occurred on a higher volume. XRP Price is approaching its 20-day moving averages, which could act as a price barrier. Moving averages, particularly the 100 SMA, are...Read More
Although numerous banking organizations have restricted their users from interacting with Binance, Visa and Mastercard have reaffirmed their belief in the world’s largest crypto exchange. With the growth of its services and popularity, Binance attracted regulatory scrutiny from various global watchdogs, as CryptoPotato explained recently. While the exchange’s attempts to enhance its compliance requirements continue...Read More
More than three years after its launch, the popular derivatives exchange has decided to enter the cryptocurrency spot market as well. The trading venue will release such services on July 15th to all customers with zero maker fees. Bybit Enters the Spot Crypto Space Established in early 2018, Bybit is a derivatives exchange offering traders...Read More
Despite his legendary status within Crypto Twitter, the creator of Dogecoin, Jackson Palmer, doesn’t tend to interact much with the community. He usually shows up, makes a statement, causes a stir, and disappears. Today, in one of his occasional rants, Palmer decided to talk about the degeneration of the crypto community and why he has...Read More
