The Securities and Exchange Commission obtained a temporary restraining order on a mother-son duo that embezzled more than $12 million from at least 277 investors. Throughout the years, the 86-year-old woman and her 54-year-old son promised to generate income for their clients via investing in securities and cryptocurrencies but instead swindled the funds for themselves....Read More
Ethereum price is losing ground below $1800. looking at the downward momentum ETH may even test the $1500 level in the near future. ETH has been plunging consistently, it first broke the $1950 support, and settled below 100 hourly SMA. Following this, support levels at $1850, $1800 were broken and a low was formed near...Read More
According to a recent survey, 7 out of 10 institutional investors asserted that they expect to purchase digital assets sometime in the future. What’s more, over half of the participants revealed they already have invested in cryptocurrencies. Institutional Investors Love Virtual Currencies A survey conducted by the financial services provider – Fidelity Digital Assets –...Read More
According to a fresh release, companies that transfer BTC or other cryptocurrencies must collect information about the senders and recipients if proposed EU regulations come into force. In a bid to end anonymous cryptocurrency wallets, the Europoean Commission has proposed a law that would require companies that transfer BTC and other cryptos to collect information...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, 20th July 2021] Flurry Finance, the team behind FLURRY, a DeFi protocol offering yield aggregation, recently closed its latest investment round worth $3 million. Investors include AU21 Capital, GenBlock Capital, Shima Capital, CoinUnited.io, One Block, Soul Capital, and Dutch Crypto Investors. The fresh funds will be used in preparation...Read More
[PRESS RELEASE – London, United Kingdom, 20th July 2021] WiV Technology, a blockchain-based trading platform for unique assets, has signed an agreement with the Georgian government to move some of the country’s wines and their provenance onto WiV’s blockchain empowered platform. The team at WiV will also be developing a quality assurance standard for the...Read More
[PRESS RELEASE – Zug, Switzerland, 20th July 2021] Concordium has today unveiled an ambitious, industry-leading partnership program for global developers as part of its ongoing commitment to build a credible, trusted, and sustainable blockchain industry. The program offers developers a chance to work alongside some of the most respected names in the blockchain industry and...Read More
NFT ecosystem provider and creator of the ERC-1155 token standard, Enjin, has recently joined the United Nations Global Compact, a global organization that supports businesses working to adopt Sustainable Development Goals (SDGs). First NFT Platform to Join the UN Global Compact In a press release shared with CryptoPotato, Enjin revealed that it would join the...Read More
Circle, the blockchain company behind the second-most popular stablecoin USDC, has partnered with the US multinational financial services giant – Mastercard. Both parties aim to facilitate crypto-to-fiat conversions and test using USDC as a settlement option. The partnership, announced by Circle on July 20th, will result in launching a pilot program that will assist both...Read More
[PRESS RELEASE – Oslo, Norway, 20th July 2021] Iagon, the first decentralized big data platform designed to migrate to the Cardano ecosystem and powered by the IAG token, recently secured 3.4 million USD in its oversubscribed seed and private funding round. Now, it will take its next step by embarking on a multi-platform initial token...Read More
The popular digital asset exchange CryptoCom has introduced a new testnet of its EVN chain called Cronos. The project is the company’s DeFi-oriented child aiming to scale the ecosystem by enabling developers to port apps from Ethereum and EVM-compatible chains. CryptoCom Announces Cronos According to the press release shared with CryptoPotato, the Ethereum Virtual Machine...Read More
[Featured Content] The world goes virtual – what used to be an easily dismissable notion is starting to become the new reality. The nascent industry of blockchain-based technology undoubtedly contributes to this and, perhaps, the most obvious example comes from the world of NFTs – non-fungible tokens. NFTs took center stage earlier in the year...Read More
There is havoc in the crypto space today as Bitcoin fell below $30K and the industry has lost almost $200 billion in value as a result of this new round of liquidation. In tandem with the market, XRP price has taken a dive too with the market cap plunging by $5.5B in the last 7...Read More
BlockFi, the centralized trading and lending digital asset firm, has received a letter from the New Jersey Bureau of Securities ordering the company to stop accepting new local clients from July 22nd. BlockFi’s CEO, Zac Prince, confirmed the development and said they are working with regulators to “help them understand our products.” Citing a draft...Read More
(Any views expressed in the below should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) It goes without saying that crypto markets can be volatile. Depending on your strategy, this can be more of a perk than a plague. However, no matter...Read More
Our mission is to give our users the most relevant – and innovative – products to trade. And we’re continuing to bring new contracts in the market for users to get exposure to their favourite coins. Now, we’re taking it one step further by listing the BitMEX Basket Indices – covering both the Altcoin (.BALTMEX)...Read More
Marsha Blackburn, Roger Wicker, and Cynthia Lummis have urged the U.S. Olympic Committee to forbid any usage of China’s central bank digital currency (CBDC) at next year’s event in Beijing. The lawmakers expressed concern over spying and espionage in a letter to Susanne Lyons, board chair of the U.S. Olympic Committee, on Monday, according to...Read More
