Thursday, November 24, 2022

ICO News

Solana Price Plunges as Blockchain Suffers Outage Again

Source: AdobeStock / JorgeEduardoSolana's price has taken a hit amid another major outage that has grinded the network activity to a halt.Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official Solana Twitter handle confirmed the report in…

XRP Price Forms Bullish Pattern – Time to Buy?

XRP continues to trade choppy amid the SEC vs. Ripple battle, but XRP price forms a bullish pattern, which may signal an upward movement. In the midst of Ripple's $1.3 billion lawsuit against the SEC, a court has ordered the SEC to disclose internal correspondence concerning the regulatory status of Ethereum. It's a win for Ripple, which…

Uniswap to Raise $100 Million in New Funding Round

Image credit: UniswapUniswap Labs – the firm behind one of the world's largest decentralized exchanges, Uniswap – is looking to raise a massive $100M fund in its latest funding round. This round follows Uniswap's previous Series A funding in 2020.American online newspaper TechCrunch uncovered the development in a report Friday. According to the report, TechCrunch…

Crypto is Thriving Through Offshore Corporate Structures

Source: AdobeStock / NetfallsMarc Piano, Senior Associate at global offshore law firm Harneys, is a member of the Investment Funds, Corporate, and Banking & Finance teams in the Cayman Islands office. Phil Graham, Partner at Harneys, is global head of the Investment Funds and Regulatory groups and head of the transactional team in the British…

Do ‘Red Notice’ Kwon, Cease-Desist-Raid, Resignations Aplenty and 20 Crypto Jokes

This cryptoweek, we saw XRP crashing and looked into an alternative to buy, and we took a look at what awaits the price of ADA, while the successful Cardano Vasil hard fork upgrade did not spark significant gains in the first days since it went live. In the meantime, the Polkadot developers revealed a new…

XRP Price Steals Show From Bitcoin and Ethereum, MKR Rise

Bitcoin price is eyeing an upside break above $19,600.Ethereum could surge above $1,350, XRP rallied over 10% and spiked above $0.50.LEO and MKR are showing bullish signs.Bitcoin price has managed to stay above $19,000 and is currently consolidating and facing resistance near $19,600. A clear move above $19,600 and $19,650 resistance levels might start a…

US Inflation for October Pegged at 7.7% Sending Dow Futures on Run

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FTX CEO Transferred More than $4B to Prop Up Alameda Research

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Genesis Trading Reported Losses of $7M amid Market Volatility

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Tom Brady and Gisele Bündchen Risk Losing $650M Investment in FTX Following Exchange Collapse

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Coinbase CEO: Lack of Regulatory Clarity Pushed 95% of Trading Activities Offshore

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Cardano Crypto Price Prediction

Much like the Ethereum Merge, the successful Cardano Vasil hard fork upgrade has not yet sparked significant gains in the days since it went live.Both upgrades appear to have led to 'buy the rumor, sell the news' sentiment among investors, with gains seen in the days leading up to the events and selling pressure in…

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Regulation

Somi Arian: Could BSV be the Microsoft of Web3?

Tech philosopher and entrepreneur Somi Arian envisions a society that is free from the shackles of tech companies like Meta (NASDAQ: FB) and Google (NASDAQ: GOOGL). Her advocacy is to uphold human integrity by allowing individuals to own their data.  While studying political philosophy at the University of St Andrews in Scotland, Somi expressed her…

Binance to stop Chinese yuan OTCs and limit gain access to in China

Binance has been limiting its services and products across the globe, and China is the latest. The exchange announced on Wednesday that it would halt its peer-to-peer trading service in China by the end of the year, finally exiting a market that it has been withdrawing from partially for years.  The Chinese digital currency market…

Craig Wright on Bitcoin, gold requirement and money

In times of rising inflation, some argue that the financial world “back in the days” with the “gold standard” is to be brought back now in order to ease financial turmoils. However, there is reason to believe that the so-called gold standard of past times was neither a true gold standard nor a financial system…

Celsius booted out in newest United States digital currency loaning purge

It started with a crackdown on BlockFi, but now, the war on digital currency lending is setting its sight on other companies. The latest is Celsius and it’s the New Jersey authorities that once again kick-started a wave of enforcement actions against it. Now, Texas and Alabama have joined in, and Celsius could be looking…

Data power-ups, NFTs for esports and online games at the BSV Global Blockchain Convention

Home » Business » Data power-ups, NFTs for esports and online games at the BSV Global Blockchain Convention At the BSV Global Blockchain Conference, CoinGeek’s Becky Liggero Fontana moderated a panel titled “Blockchain: Data Power-Ups and NFTs for eSports & Online Games,” featuring Jerry Chan of FROBOTS.io, Roman Livson of Burkhan World Investments, and Ajaypal…

Regulation

United States Stock Market Futures Decline amidst Latest Sanctions versus Russia

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Prices

CoinCentral Partners with DCentral Miami for Largest NFT & DeFi Conference Ever

Miami, Florida – October 22, 2021 – Combining NFT and DeFi into one two-day packed event, DCentral Miami will be the largest joint NFT and DeFi event in history. The conference will take place on November 30 – December 1 2021 at Miami Airport Conference Centre (MACC), coinciding with the largest art week in the…

Cake DeFi Review: Is it Safe, Legit, and Worth Your Time?

Cake DeFi is a Singapore-based staking, lending, and liquidity pool platform, enabling users to deposit and earn yield on a variety of tokens.  Despite the “DeFi” nametag, Cake DeFi is a custodial platform that offers a suite of features built around various DeFi products.  Cake DeFi offers three primary products: Lending, Liquidity Mining, and Staking–…

AVAX Price Analysis 2022: Is It a Good Time to Buy AVAX?

Avalanche is a smart contract-enabled platform that offers fast transaction settlement at a low cost. Like many blockchain platforms in the DeFi industry, the protocol is an alternative option to Ethereum’s scaling and gas fee problems.  Avalanche provides 4k to 5k transactions/second with a finality time of 2 to 4 seconds. It’s home to hundreds…

Cloudflare Set To Launch Ethereum Validator Nodes in Support of “The Merge”

The 12-year-old web security company, Cloudflare, announced on May 17 that it would be launching its next series of experiments for advancing web3. This will include supporting the Proof of Stake (PoS) consensus mechanism Ethereum is preparing for by launching its own validator nodes. Ethereum’s Merge Known to be one of the most anticipated events…

Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop)

A proposal to relaunch the Terra blockchain has passed with a wide margin of 65.5% votes in favor. The new blockchain is called LUNA 2.0 and will come into existence in the next two days, this May 27. As per the Terra Ecosystem Revival Plan, at least 200 million voted in favor of relaunching the…
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What Can We Gain From Canadian Crypto Freeze as War in Europe Raves On?

Source: A video screenshot, Youtube/Forbes Breaking NewsThe Canadian Mareva injunction makes similar actions likelier in the future.Other countries might use other powers or laws that are already available to them.Self-custody and peer-to-peer trading services might be a way to protect your assets better.Governments have never really been the biggest fans of Bitcoin (BTC) and cryptocurrency.…

Animoca Brands-Owned Lympo Hacked, LMT & LYM Tokens Go on Wild Flight

Source: Adobe/Negro ElkhaLympo, a developer of a sports non-fungible tokens (NFTs) ecosystem, confirmed that hackers stole LMT 165.2m (worth around USD 16.5m before the hack) from its operational hot wallet today. The token crashed around 99% in a few minutes before recovering some of its losses.At 17:59 UTC, LMT (Lympo Market Token) trades at USD…

FATF Wishes To ‘Gut’ DeFi with ‘Vague’ New Standards, State Crypto Players

Source: Adobe/desdemona72The crypto community has issued a withering response to the latest updated Financial Action Task Force (FATF) guidance, issued yesterday – with one lamenting that the document is “so bad that it makes the [American] infrastructure bill look reasonable.” Most appear particularly irked by the body’s stance on decentralized finance (DeFi).As reported, the FATF,…

Bitcoin as a basis of steady economy

In the world of economics, nothing is more talked about, debated over, bounced around, criticized for, yet utterly important, than the risk-free interest rate. It goes by different names, (prime rate, FedFunds, LIBOR, HIBOR…), depending on your country, but it is essentially the minimal rate that you can earn with minimal risk, just by locking…

Bitcoin Hashrate Near Complete Healing After China’s Mining Restriction

Bitcoin mining rigs. Source: Adobe/amixstudioThe hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year. According to the latest data, the hashrate of the Bitcoin network has…

South Korean Bankruptcy Court Warns of Coming Surge in Crypto-related Cases

Source: AdobeStock / Patrick RyanSouth Korean courts are bracing for a wave of crypto-related bankruptcies – and have created a “working rule” that will help them deal with cases involving individuals who have fallen foul of crypto investments gone wrong.Per Newsis, the Seoul Bankruptcy Court warned of a “domino effect” comprising of ailing crypto investors…

Banking old wine in new bottles

This article was first published on Dr. Craig Wright’s blog, and we republished with permission from the author. There is this Bitcoin thing that doesn’t need trusted intermediaries. So, what do people do? Well, you build a series of bucket shop exchanges, the best of which is a joke, like Coinbase, that would never survive…

Binance to Launch ‘Refugee Crypto Card’ for Ukrainians

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Smaller Sized Altcoins Extend Gains while Bitcoin and Ethereum Search For Instructions

Bitcoin price is aiming more upsides above USD 38,500.Ethereum is consolidating above USD 2,700, XRP might face sellers near USD 0.65.Multiple smaller altcoins rallied up to 10% today.Bitcoin price is currently (11:58 UTC) consolidating near the USD 38,500 level. If the bulls remain active, the price could rise towards the USD 40,000 level.Similarly, most major…