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The First Exchange to Conduct a Proof-of-Reserves Audit in Crypto Industry, Gate.io Starts its Second Third-party Audit
6.7.2022
Gate.io has announced that it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100% collateral, Gate.io...
US Commerce Dept. asks digital asset industry for input on competitiveness framework
5.7.2022
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets
Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper
5.7.2022
ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team has formulated proprietary formulas that algorithmically balance a sustainable gaming economy inside Legends...
Chiliz Can Be the Future of Sports Industry; Will CHZ Price Rise?
5.7.2022
Digital currencies have been dominating different segments of the payments ecosystem, smart contracts, and tokens of storage values. While different industries could have utilized several such tokens, Chiliz got into the picture to reap the benefits of the digital ecosystem of sports industries....
The crypto industry needs a crypto capital market structure
3.7.2022
The DeFi industry needs a sound market structure and systemic independence from current transactional systems
The development of blockchain industry and how to defend against attacks on DeFi
3.7.2022
The DeFi market is a highly promising venture where the main struggling issue is a lack of qualified blockchain developers
US lawmakers say crypto industry has a 'tech bro' problem hurting innovation
30.6.2022
Venture capitalists tend to invest in companies with predominantly white male leadership, while women and people of color "remain in the waiting room," according to Stephen Lynch
Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples
30.6.2022
This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weeded’ out all of the people” that were not supposed...
Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?
30.6.2022
PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very...
Kazakh President Says Government Must Make ‘Favorable’ Conditions for Crypto Industry Development
28.6.2022
Kazakhstan’s President Kassym-Jomart Tokayev has told ministers to create “favorable conditions” for a new “digital” ecosystem that makes use of “cryptocurrencies and digital assets.”
Per Kaztag, which quoted the presidential press service, Tokayev was speaking at a financial sector summit held...
Are custodied crypto funds at risk? Industry veterans explain
28.6.2022
Investments under custody are usually very safe, until the accountability of the custodian is called into question
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Goldman Cuts Coinbase to ‘Sell’ Due to Fall in Crypto Prices and Industry Activity; Shares Drop
27.6.2022
The company faces a difficult choice between shareholder dilution and effective employee compensation, the report said
Mining Ban Sparks Negative Reactions From Iran’s Crypto Community
27.6.2022
The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto...
SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation
27.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in these markets,” said...
Saddle․Finance Creates New Standards for DeFi Trading
25.6.2022
DeFi is a sub-sector in the crypto industry that has witnessed significant innovation since its inception. However, the narrative has struggled to stay consistent, affecting the domain overall. The current bear market has wiped out more than half of DeFi Total Value Locked (TVL), hampering...
Singapore Based Crypto Exchange Bybit Expands to Argentina
25.6.2022
Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange...
Bitcoin of America Is Working to Solve the Gender Problem in the Crypto Industry
24.6.2022
The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash at BTC 2022 with its all-female team. Bitcoin of America sent...
GRN (G) Is Now Available for Trading on LBank Exchange
24.6.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed GRN (G) on June 24, 2022. For all users of LBank Exchange, the G/USDT trading pair is now officially available for trading. The blockchain industry has been a source...
Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors
24.6.2022
Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive...