Arkham Intelligence, a blockchain sleuthing company in the vein of Chainalysis and others, recently announced the release of a platform to deanonymize and trade information pertaining to blockchain users, as well as the release of a new ARKM token to go with it. Snitching as a Service Touted as “the world’s first on-chain intelligence exchange,”...Read More
Crypto investment company Paradigm has filed an amicus brief in the US Securities and Exchange Commission’s (SEC) case against Bittrex, claiming that the regulator is “wrongfully attempting to lay claim over crypto secondary markets.” The brief filed on July 7th stated that the case against the US-based crypto exchange should be dismissed. It argued that...Read More
Brazil has been developing a CBDC for some time now. If all goes according to plan, the digital Real will be launched sometime in 2024. Once launched, it would support retail payments for anyone inclined to use it, backing up the payment with funds in the users’ bank accounts. Planning Ahead The Brazilian CBDC would...Read More
The market participants—bulls, whales, big institutions, and all the crypto enthusiasts—are waiting for the next bull run. Moreover, the traders have begun to accumulate BTC with the expectation of incurring huge profits in the long term. Besides, the developers have also aggressively worked during the bear market, which may attract the masses towards the next...Read More
Grayscale, the owner of the world’s largest Bitcoin fund, has grown even more frustrated with the U.S. Securities and Exchange Commission (SEC) after the regulator approved a leveraged Bitcoin futures ETF last month. The firm has taken its complaint to the court, arguing that the approval strengthens its case that the SEC’s denial of its...Read More
The $31,000 level has proven to be a significant resistance point for Bitcoin. Over the past few weeks, the bulls have tried and failed multiple times to break this level. Each failure has resulted in a price correction, with the most recent one being the most significant. After a failed attempt by the bulls to...Read More
Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of events” as the reason behind its decision that has rendered it no longer viable to continue building and maintaining the platform to the “highest standards.” As a result, the platform will soon transition to withdrawal-only...Read More
Leading crypto exchange Bitfinex released its latest Bitfinex Alpha report, a weekly publication that offers on-chain data and insights into the dynamic crypto market. This week’s document found that the amount of unmoved bitcoin has reached its highest point. The report further highlights an intriguing development in liquidity trends. Bitcoin liquidity has experienced a decrease,...Read More
The $7 trillion asset management giant Vanguard Group now owns a 10.24% stake in Riot Blockchain (NASDAQ: RIOT) – the world’s largest Bitcoin mining company. A filing with the Securities and Exchange Commission (SEC) on Monday showed that Vanguard has upped its exposure to the firm from 15.2 million shares to 17.9 million. Based on...Read More
The case between the United States Securities and Exchange Commission and Ripple is one that the entire cryptocurrency community is looking at. The outcome of the lawsuit is likely to determine whether XRP is a security – a decision that might have considerable implications for the rest of the industry. Ripple v. SEC Case: When...Read More
[PRESS RELEASE – Paris, France, July 11th, 2023] Nebular Summit, Europe’s premiere Interchain builders conference, returns to Paris, France, July 24th and 25th, 2023. Key thought leaders, founders, engineers, and investors will unveil the latest innovations within the Interchain developer community and discuss divisive issues crucial to the ecosystem’s long-term success. “Teams have fortified the...Read More
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has made a new prediction regarding the price of Bitcoin. He believes that the BRICS alliance will soon announce a gold-backed cryptocurrency, which could impact the value of the US dollar. To protect against impending inflation, Kiyosaki advises his followers to invest in gold and silver. He...Read More
On July 10, the Emirate’s Virtual Assets Regulatory Authority (VARA) issued a market alert stating that it had initiated an enforcement action against the BitOasis crypto exchange. BitOasis is one of the largest crypto platforms focused on customers in the Middle East. Dubai Regulators on Alert According to the alert, BitOasis is under review for...Read More
On July 6, Mark Zuckerberg, the CEO and founder of Facebook’s parent company Meta Platforms, launched a new platform dubbed Threads in 100 countries across the globe. The social media network is considered a rival to the micro-blogging platform Twitter. Speaking against the newly launched platform, Twitter owner and former CEO Elon Musk hauled Threads...Read More
Bankrupt crypto lender – Voyager – is slowly working towards making customers whole. Voyager held nearly $413 million in multiple crypto-assets at one point. However, since enabling withdrawals to users on June 23rd, it has recorded a steady stream of outflow totaling $250 million worth of crypto assets. As a result, Voyager’s crypto portfolio has...Read More
