Category: Cryptocurrency

Apr 25
Kraken awarded crypto trading license in the United Arab Emirates

With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham trading pairs. Source: Cointelegraph

Apr 25
The Central African Republic reportedly passes a bill to regulate crypto use

The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. 2445 Total views 10 Total shares The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it […]

Apr 25
Stepn impersonators stealing users’ seed phrases, warn security experts

When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user’s dashboard. 344 Total views 39 Total shares Peckshield, a prominent blockchain security firm, has today exposed that there are numerous phishing websites for the Web3 lifestyle app Stepn. Hackers insert a forged MetaMask browser plugin through which they can steal […]

Apr 24
Beyond collectibles: How NFTs are revamping the ticketing industry

The concept of nonfungible tokens (NFT) came into existence in 2015, and it first got some traction in 2017 when many prominent digital collectibles such as CryptoPunks and EtherRock were created.  NFTs got early traction among premier sports clubs but burst into mainstream popularity after digital artist Beeple’s artwork was sold as an NFT for […]

Apr 24
Bitcoin funding rates show demand to short BTC as $40K becomes resistance

The majority of traders expect fresh Bitcoin price losses after a difficult end to the week, data suggests. 11780 Total views 128 Total shares Bitcoin (BTC) consolidated under $40,000 on April 23 as market expectations favored further losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extreme fear” accompanies Bitcoin’s descent to $39,200 Data from Cointelegraph […]

Apr 24
Why does Ethereum have an intrinsic value?

Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs) […]

Apr 24
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds

Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. 2602 Total views 268 Total shares New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds […]

Apr 24
The loss of privacy: Why we must fight for a decentralized future

If you’re into cryptocurrency or blockchain, there’s a good chance I don’t have to spell out the benefits of decentralization. You’re a first-generation user of a technology that will increasingly define the future of the internet, and you have front-row seats to the world premiere of Web3. The internet’s use and control were always as […]

Apr 23
Price analysis 4/22: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. The selling has continued on April 22 as investors trim risky assets in expectation of […]

Apr 22
Memecoins eye major revamps in an effort to return to their former glory

Memecoins briefly took the cryptocurrency market by storm in 2021 after steady attention and shilling from big-name influencers like Elon Musk and Mark Cuban helped propel coins like Dogecoin (DOGE) to 100x gains.  As one should expect, in the crypto market, rapidly rising prices have a tendency to reverse course just as fast and many […]