Analysts have said that the "historic" bear market that Bitcoin ($BTC) and other cryptocurrencies are going through has caused the largest outflow of capital in the digital asset industry. Analysts at the on-chain analytics company; Glassnode, say that the...
The Reserve Bank of India (i.e., RBI) has collaborated with leading financial institutions in India to run a blockchain-based pilot project focused on trade financing. The main goal of the project is to make blockchain technology a part of...
El Salvador, under President Nayib Bukele, has favoured Bitcoin, positioning the country as a crypto-friendly nation. The country has purchased Bitcoin in the past, ignoring the concerns of the IMF and the United States government. Recently, the president announced...
Johnny Lyu, the CEO of KuCoin, has waded off rumors that had been brewing concerning the solvency of the popular crypto exchange. According to unfounded rumors on Twitter, the exchange was on the brink of bankruptcy and may end...
Social media interactions (content creation, posts, retweets, likes and follows etc) have value. This value is currently monetized by tech giants such as Meta (owner of major platforms like Facebook and Instagram). But what if the individuals creating the...
Cryptocurrency lending platform Celsius has halted withdrawals and transfers since June 12 and informed the Celsius Network members that the "procedure will take time." Celsius customers have been questioning why they still receive weekly prizes since the halt. The...
As a result of the sanctions imposed on Russia and its citizens since the country invaded Ukraine, Russian authorities have been looking for ways to mitigate the effects of those sanctions. In Russia, some bills are being drafted to...
Hackers have carted away $100 million in cryptocurrencies from Horizon, a blockchain bridge, in the latest significant theft in the crypto industry. Although there are currently few details about the incident available, Harmony, the company behind Horizon, claims to...
Astaria, a non-fungible token (NFT) lending platform and liquidity engine, has raised $8 million in seed funding to help the company grow during the bear market. True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, The...
The Massachusetts government believes that some scammers may create fraudulent crypto projects targeted at defrauding members of the LGBTQIA+ community. Authorities have warned that these scammers may take advantage of June's status as the community's Pride Month. According to...
