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Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services

14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...

Capture the industry? Token IPOs aim for $200T global capital market

14.5.2021
Security token issuers say the STO market needs greater liquidity to make a significant dent in the $200-trillion global capital market

India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report

14.5.2021
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. RBI Asking Banks...

'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020

14.5.2021
Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

14.5.2021
While most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like...

Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch

13.5.2021
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch

Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows

13.5.2021
“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader

Tether Reaches 30 Billion USDT Issued on Tron

13.5.2021
Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...

Ratio of Ether’s market cap doubled Bitcoin in the last year – Pantera Capital

13.5.2021
Ethereum now accounts for 19.2% of the overall cryptocurrency market whereas Bitcoin dominance has fallen to 40.7%

Bitcoin drops to $46K, altcoins sell-off as report claims Binance is under investigation

13.5.2021
News that Binance could be under investigation by the US Justice Department and IRS triggered a market-wide sell-off which saw Bitcoin price drop to $46,000

Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions

13.5.2021
Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The entire market capitalization of all the crypto assets in existence has dipped under the...

US SEC Has Brought 75 Enforcement Actions on Crypto Industry

13.5.2021
The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...

Bitcoin, altcoins and stocks drop as inflation fears impact investor confidence

13.5.2021
Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices

SEC to Scrutinize Funds Invested in Bitcoin Futures

12.5.2021
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act. The institution warned about the dangers of investing in bitcoin futures markets due to the implicit volatility...

Uniqly Enters the NFT Market With a Remarkable Performance

12.5.2021
It’s been a while since the crypto market has seen such a promising project, something that has a clear basis on a real market need and a long-term plan to stay relevant and bring value to customers, investors, and users alike. Uniqly.io aims to do exactly that, giving real-world value...

Analyst Warns of Broad Correction in the Cryptocurrency Market

12.5.2021
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...