Polkadot's native token, DOT, currently ranks 13th among cryptocurrencies according to CoinMarketCap, a decline from its previous top 10 status during the recent bull run of 2020 and 2021. During this period, DOT surged significantly, overtaking Ripple's XRP in market capitalization and entering the top five cryptocurrencies by market cap. ...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision of its creator, Satoshi Nakatomo. Innovations on the network were largely ...
2023 saw many governments recognize crypto ‘publicly’ as a legitimate financial asset and implemented regulations to help citizens benefit from its advantages and protect them from the potential risks of using it as an investment vehicle This process wasn't smooth for every country, notably the United States. Virtually all its ...
The Filecoin Foundation has successfully completed its demonstration of an InterPlanetary File System (IPFS) application for space communications, according to a blog post published on its website on January 16, 2024. source: Filecoin website The demonstration, which included transferring files from Earth to outer space and back, was part of ...
Cryptocurrencies have become a permanent fixture in the global financial landscape. Crypto near-instant settlements via blockchain technology has revolutionized payments and value exchange in ways that were only imaginations before now. However, this innovation has come at a cost. Malicious actors are increasingly targeting crypto projects and platforms to capitalize ...
In recent years, the global geopolitical landscape has witnessed unprecedented turbulence and uncertainty. Conflicts, trade tensions, and economic sanctions have strained international relations with severe consequences for the global financial system. The ongoing trade tensions between the US and China, the Ukraine-Russia conflict, and the recent uprisings in the Middle ...
According to a local report, Miri authorities have successfully shut down an illegal cryptocurrency mining operation on Borneo's island after a tip-off from the public. The authorities acted promptly upon receiving the tip-off. They conducted a raid and successfully confiscated all equipment related to the illegal mining operation, including 34 ...
South Korea has taken a significant step to combat the alarming surge in criminal activities within the nation's cryptocurrency market and address the lack of legal protections for investors. On July 26, 2023, the country's Supreme Prosecutor Office (SPO) established the Joint Investigation Centre for Crypto Crimes, an interagency team ...
In a groundbreaking ruling on July 25, 2023, Judge Philip Jeyaretnam of the High Court of Singapore declared that cryptocurrencies are legally considered a form of property that can be held in trust. The ruling came in response to a case brought by ByBit against its former employee, Ho Kai ...
The Vermont Department of Financial Regulation (DFR) has issued a warning to residents in the State about the increasing prevalence of cryptocurrency fraud on social media platforms. In a recently released report, the agency highlighted the urgent for caution while using social media and shared the unfortunate experience of a ...
