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Key factors that have led remarkable expansion of Dogecoin
21.9.2023
Dogecoin, a decentralized cryptocurrency created in 2013 as a joke, has garnered immense attention over the past few months as its value skyrocketed. Although Dogecoin started as something of a meme-based currency, it is now becoming increasingly more popular and accepted by businesses around...
South Koreans Report Over $98 Billion in Overseas Crypto Assets
21.9.2023
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held...
Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday
20.9.2023
XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process....
What Are Rollups? Ethereum’s Main Scaling Solution Examined
20.9.2023
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on L1 (layer one)....
Lawyer Who Laundered Onecoin Money Denied New Trial
20.9.2023
A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin...
Economist Peter Schiff Warns of ‘Tragic Ending’ and US Dollar Collapse — Says ‘Day of Reckoning Is at Hand’
20.9.2023
Economist Peter Schiff has warned that the U.S. economy is headed for a tragic ending. “We’re going to have a dollar crisis and a sovereign debt crisis,” he stressed, cautioning that the Federal Reserve is “going to print money until the dollar collapses.” He added: “I think...
Does Coinbase Have a Diversification Problem?
19.9.2023
From MATIC to POL: Polygon’s 2.0 Upgrade Targets Internet-Level Scalability
19.9.2023
Details have been released about Polygon’s upcoming upgrade, Polygon 2.0. The company, known for its Ethereum scaling solutions, has introduced a few Polygon improvement proposals (PIPs) as part of its shift to a network of interconnected zero-knowledge-powered chains. Polygon 2.0 Unveiled in...
Users on Ethereum’s Decentralized Polymarket Speculate on Biden’s Impeachment
19.9.2023
After the Republican House of Representatives speaker, Kevin McCarthy, directed the House to open an impeachment inquiry into Joe Biden, bettors on the cryptocurrency-powered Polymarket platform have started placing bets on whether Biden will be impeached by two specific dates. Currently, bettors...
Bitcoin Price Outlook for September
18.9.2023
After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting. Prior to this, we explore how the price of bitcoin...
Gofaizen and Sherle Introduces Its Second-Year Results: Over 1000 Projects for 400+ Companies
18.9.2023
PRESS RELEASE. Tallinn, September 18, 2023 – Gofaizen & Sherle, a leading Estonian fintech and crypto consultancy, is delighted to share its second-year results. Over the past 12 months, Gofaizen & Sherle has successfully completed more than 1000 projects for approximately 400 clients...
Starfield Fans Have Discovered A Halo Easter Egg
18.9.2023
Starfield has an absolutely massive galaxy to explore, so it was only a matter of time before players started discovering Easter eggs and subtle nods to other sci-fi franchises that came before it. Recently, a certain habitable planet in the Eridani system has fans convinced it’s a recreation of...
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
Bitcoin, Ether Remain Steady, But Analysts Have Bearish Price Predictions
18.9.2023
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours
Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors
18.9.2023
Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...
Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers
18.9.2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...
FTX Restores Full Access to Claims Portal After Cybersecurity Breach
17.9.2023
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...
Deciphering the Differences Between Proof-of-Stake and Proof-of-Work
17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...
NFL Star Trevor Lawrence and Youtube Influencers Settle Allegations Over FTX Endorsements
16.9.2023
In a recent court document, Jaguars’ quarterback Trevor Lawrence and two others have chosen to settle allegations that they misled investors, leading to losses in the FTX collapse. Lawrence, among several high-profile endorsers of FTX, has not publicly revealed the terms of his settlement....
Dormant 2012 ‘Sleeping Bitcoin’ Addresses Spring to Life, Moving $8.6M in Vintage Coins
16.9.2023
Onchain evidence reveals that three dormant ‘sleeping bitcoin’ addresses, established in January 2012, have awakened, moving a total of 325.19 bitcoin valued at over $8.6 million after an 11-year hiatus. Vintage Bitcoin Vaults Open: $8.6M Moved From 2012 Dormant Addresses Bitcoin News...