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Colombians Take Legal Action Against Binance for Blocking Their Funds
22.3.2022
An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to commence legal action against the exchange in the country. According to reports the funds blocked exceed $1 million, and after an investigation from the FIOD...
Nepalese Police Investigate Actress Priyanka Karki for Possible Involvement in Crypto Scheme
22.3.2022
Nepalese actress and model Priyanka Karki is being questioned by the police after her picture was found in promotional material for a cryptocurrency scheme. “The investigation is still underway. We are trying to find out if the actress is involved in the crypto trading promotion or only...
Russian Chess Champion Suspended After Publicly Supporting Invasion Of Ukraine
22.3.2022
Russian chess grandmaster Sergey Karjakin, one of the world’s top players, has been suspended for six months by the International Chess Federation after publicly voicing support for his country’s invasion of Ukraine.Read more
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
21.3.2022
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes...
Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold
21.3.2022
Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday. Volatility sold off in BTC and ETH, but could pick up into next month
After Short-Lived Ban, NY Town Is Still Reckoning With Crypto Miners Next Door
21.3.2022
Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers a sobering case study
Traders Bet on Ether Staking After Eth 2.0 Upgrade
21.3.2022
Among other reasons, ether staking yields are likely to be 10%-15% following the Eth 2.0 upgrade
BlockFi, Swan Bitcoin, Pantera Advise Users How to Stay Safe After Data Got Hacked in Hubspot CRM Raid
21.3.2022
On Friday, a hacker targetting crypto customers’ data discovered a vulnerability in the client relationship management (CRM) platform Hubspot, making off with customer data from firms such as BlockFi, Swan Bitcoin, and Pantera Capital - and all three companies have shared steps customers...
First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
20.3.2022
The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
20.3.2022
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today...
6 NFT Use Cases That Will (Probably) Remain After the Hype Dies Down
19.3.2022
After non-fungible tokens (NFTs) exploded in 2021, and images of virtual monkeys and digital punks sold for millions, the onslaught of copycat projects and an influx of self-proclaimed “NFT artists” followed, creating a seemingly unsustainable NFT hype. Combined with rather evident cases of wash...
Scam Tokens Emerge After ‘Elona’ Musk's Dispute With Chechen Leader
18.3.2022
An online dispute between Tesla and SpaceX chief Elon Musk and the infamous leader of the Chechen Republic, Ramzan Kadyrov, has resulted in the creation of more than 30 token projects trying to capitalize on the intriguing case, with many of them appearing to be outright scams.
The tokens...
ApeCoin Soars After Launch, BAYC NFT Prices Pumps and Dumps
18.3.2022
The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it.
At 10:13 UTC on Friday, APE traded at USD 14.61,...
Bitcoin Pops Above $40K After Fed Hikes Interest Rates, What’s Next For BTC Price?
18.3.2022
Early morning on March 17, Bitcoin price was on a roller coaster, breaking down below $39,500 after the Fed raised interest rates by 25 bps, but it soon sustained above $40,000 mark. Despite BTC is still moving in an increasingly tight range between $37,000 and $41,000 since March, both fundamental...
GameStop looks toward NFT marketplace launch after big Q4 loss
18.3.2022
The firm also highlighted that the Immutable X NFT marketplace deal is set to fetch the firm $150 million worth of IMX tokens upon the “achievement of certain milestones.”
Ethereum Devs Implement Merge Testnet Kiln, Testing Ground Expected to Be the Last Before PoS Transition
17.3.2022
After implementing the merge testnet Kiln, Ethereum is seemingly getting closer to transitioning to a full proof-of-stake (PoS) network. According to developers Kiln’s execution layer was initially launched leveraging proof-of-work (PoW) and since March 15, Kiln is running entirely under...
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
17.3.2022
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume,...
Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus
17.3.2022
The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged.
As of Thursday at 16:00 UTC,...
Bitcoin Holds Above $40K After Fed Hike, Avalanche’s AVAX Leads Gains Amongst Crypto Majors
17.3.2022
Demand for bitcoin was supported by the strengthening of stock indices and the weakening of the dollar, analysts said