Human rights activists from 20 countries have submitted an open letter to the United States Congress in support of a “responsible crypto policy” and praising Bitcoin and stablecoins as essential tools aiding democracy and freedom for tens of millions. The letter comes just a week after an anti-crypto open letter was sent to Congress purporting […]
A new report from Kraken Intelligence reveals that Metaverse tokens were one of only two categories of crypto that saw year-on-year growth in prices. 606 Total views 15 Total shares Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) […]
“We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul. 197 Total views 2 Total shares New York overnor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that […]
Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action. The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network […]
Three experts from the private sector appeared before the Senate committee Tuesday to talk about ransomware attacks and how to combat them. 169 Total views 3 Total shares The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing titled, “Rising Threats: […]
FTX CEO Sam Bankman-Fried explained that the exchange will continue to “keep growing” during the bear market. 780 Total views 60 Total shares Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or freeze hiring. However, crypto exchange platform FTX will continue hiring new personnel as the crypto winter continues. In a […]
It’s unclear at the time of publication whether there will be any recourse for investors in recovering the lost funds. 1393 Total views 11 Total shares On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers’ digital […]
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date. Investors who keep a close eye on regulatory development were possibly […]
The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode shows these buyers “are now underwater” and the market is gearing up for a final capitulation event. Bitcoin net unrealized […]
According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with. 188 Total views 3 Total shares On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth […]