The Ethereum blockchain is scheduled to undergo the London hard fork, and several exchanges are taking precautions to ensure users’ funds remain secured once the hard fork is successfully deployed. At block height 12,965,000, estimated to take place tomorrow (August 8th, 2021), Ethereum was scheduled to undergo the hard fork, and two scenarios are likely...Read More
Bitcoin price again took a dive today, the inability of the bulls to sustain above $40K has put BTC in a downward trend. Following suit the entire crypto market is trading red. The flagship crypto is now expected to retest the resistance again. BTC has traded in the 24hr high-low range of $37,913.46 – $39,886.59....Read More
A Russian court ordered Sberbank to restore access for a customer involved in Bitcoin trading. The authorities added that the largest bank in Russia should not have blocked the account as the client had provided all the necessary information about his cryptocurrency operations. Sberbank Had No Right to Ban The Account The Sverdlovsk Regional Court...Read More
During an interview with Bloomberg, Gensler admitted that he is intrigued by the cryptocurrency space, but that wouldn’t deter him from protecting US investors via enhanced regulations on the market. Being deeply familiar with the blockchain space, as he taught DLT classes at the Massachusetts Institute of Technology (MIT), Gensler was expected to have a...Read More
(A message from Malcolm Wright, Chief Compliance Officer at BitMEX) I’m very glad to report Chainalysis has revised its risk assessment of BitMEX, removing the ‘high risk’ label it had held in place for less than a year. This followed an internal review of the criteria for the High Risk Exchange category by Chainalysis. The...Read More
[PRESS RELEASE – Please Read Disclaimer] Rocket Launchpad is launching a Tezos-based IDO platform, allowing users to invest in the latest Tezos-based projects. 3rd August 2021, Tortola, British Virgin Islands – Recently, the Tezos ecosystem has seen several high-profile partnerships, including collaborations with McLaren and Red Bull Racing. Since its launch, the number of projects...Read More
CoinJar, a leading Australian cryptocurrency exchange, has recently partnered with the payment processing giant Mastercard to launch a new prepaid card to make digital asset services accessible to mainstream users. CoinJar Launches Crypto Card In an official blog post published on Tuesday, the exchange disclosed that the new CoinJar card will allow users to make...Read More
[PRESS RELEASE – Please Read Disclaimer] Velas is proud to announce the launch of a $5 million funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch 3rd August 2021, Zug, Switzerland – Today Velas are announcing the launch of a major funding program for...Read More
Monero’s former lead maintainer, Riccardo Spagni, was arrested last month for alleged fraud committed between 2009 and 2011 while residing in South Africa. His crimes have no relation to his work on the Monero network. Charges Against Spagni Court documents state that Spagni’s crime is related to his time as an IT manager at Cape...Read More
There has been a fair bit of profit-taking since Bitcoin prices topped $42K over the weekend. The asset has declined 9% since then, and on-chain behavior can be analyzed to get a better outlook on overall market sentiment. Analytics provider Glassnode has been doing just that in its latest on-chain report. The key question is...Read More
Ethereum price over the weekend has decoupled from BTC and continued to be on a rising trend. Even as it faced minor retracements it still traded in the green for the entire weekend. At the beginning of the weekend, buyers pumped ETH above the $2,500 resistance and lift the ETH/USD pair out of short-term consolidation....Read More
