Stride Blockchain Will Move to ATOM-Powered Security Model
Stride's native token STRD trades 0.7% higher as the transition is expected to beef up the liquid staking protocol's security by several thousand percent.
Posts published on July 18, 2023 go to media archive 1/3
Robert F. Kennedy Jr vows to back US dollar with Bitcoin if elected president
RFK Jr. said he will use Bitcoin to stabilize the U.S. dollar as well as make Bitcoin profits exempt from capital gains tax.
Another Big 4 Australian Bank Blocks Payments to ‘High-Risk’ Crypto Exchanges
National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain…
Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko
Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.
Ethereum Price Is Showing Early Signs of Fresh Increase, But This Resistance Is Key
Ethereum price is finding bids above the $1,875 support zone against the US Dollar. ETH could gain bullish momentum above the $1,940 resistance. Ethereum is holding the key support near $1,875. The price is trading below $1,920 and the 100-hourly…
Australia's financial regulator cancels license for FTX's local entity
ASIC had previously suspended FTX's license to operate in Australia, now the securities regulator has canceled it entirely.
Economist Sounds Alarm on US Dollar Losing Reserve Currency Status
An economist with the Heritage Foundation has warned about the potential calamity of the U.S. dollar losing its reserve currency status. He stressed that “The Biden administration has taken so many actions to dethrone King Dollar that it would be…
Bitcoin Bulls Keeps Pushing, Why Fresh Increase To $31K Seems Likely
Bitcoin price is attempting a fresh increase from $29,500. BTC could gain bullish momentum if it clears the $30,200 resistance zone in the near term. Bitcoin is slowly moving higher from the $29,500 level. The price is trading below $30,200 and the…
Avalanche (AVAX) Q2 Success: Network Activity Surges, Revenue Jumps 170%
Avalanche, the smart contract platform for decentralized applications, witnessed remarkable growth in Q2 2023, driven by increased activity on the C-Chain- one of the three chains that make up the Avalanche network- and the launch of new subnets. …
Polychain Capital, Coinfund raise $350M for new crypto funds: Report
Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million.
First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally
PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate…
Meta and Microsoft launch open-source AI model Llama 2
Llama 2 is trained on 40% more public data and can process twice as much context than Llama 1, according to Meta.
Bitcoin’s Worst Performance Period Ever: Is the Bottom In Sight?
The ongoing bear market in Bitcoin is the longest in the network’s history, Glassnode data shows. According to trackers, the winter started on November 10, 2021, after prices peaked at over $69,000. As of July 18, 2023, BTC is trading at…
Chainlink Price Pattern Formation: What It Means For Its Price Action
In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Over the past week, LINK has surged more than 12%, although…
SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement
U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a number of…
Why This Upcoming Event Is Bearish For Axie Infinity (AXS)
Axie Infinity (AXS) continues to be one of the top performers in the market even though the bear market trend. However, an upcoming token unlock event could put an end to the alt coin’s bullish trend given the amount of tokens involved. $21.7…
Wallex․US Launches New Non-Custodial Crypto and DeFi Wallet App
Fintech company Wallex.US has launched a new non-custodial crypto and defi wallet app. The app offers a secure and encrypted way to store, send, and receive more than 150 cryptocurrencies. It also provides real-time chart monitoring and analysis…
Bitcoin price falls to $29.5K, but on-chain data reflects investors' growing interest
BTC price dropped below $30,000 again today, but the recent crab market price action is also backed by compelling investor activity on-chain.
XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K
Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said.
Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing
Prime Trust will have the opportunity to show why a petition from the Nevada Financial Institutions Division should not be permanently granted in an Aug. 22 hearing.
Binance Integrates Lightning Network Deposits and Withdrawals
Binance, the largest cryptocurrency exchange by volume traded, has announced it has completed the integration of the Lightning Network, a BTC scaling layer, on its platform. Now users can execute bitcoin deposits and withdrawals using the network…
Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money
Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of…
Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse
Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry. The company plans…
If DeFi Wants to Grow, It Has to Embrace Real-World Assets
To scale, DeFi platforms need to attract institutions keen to trade tokenized bonds, equities, and debt, and physical assets such as gold, real estate and art, says Enrico Rubboli of Mintlayer.
The European Commission’s Web4 strategy might be a flop
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin
Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin.
Thodex CEO Sentenced To Prison For Tax Evasion
Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…
Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO
CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX.
What is a token maker, and how does it work?
A token maker provides the necessary infrastructure and functionalities for individuals or organizations to design, issue and manage their own tokens.