Cryptocurrency

Pros and Cons of Blockchain Technology: A Thorough Dive 

Live blockchains are growing daily at an ever-growing pace. As of our present day, there are more than 10 000 active Blockchain-based cryptocurrencies. With such a presence, having the right knowledge base has never been more valuable as this decentralized technology becomes more and more embedded into global establishments. So, what are the pros and cons […]

CurateDAO Introduces Curate-to-Earn Web3 Platform 

After the popularity of move-to-earn (M2E) and play-to-earn (P2E) gaming spread in 2021, thanks to STEPN (GMT) and Axie Infinity (AXS), another iteration of the “to earn” concept debuts in the form of CurateDAO’s Curate-to-Earn platform.  The CurateDAO team announced to Cointelegraph that they have launched a database platform resembling Pinterest on the Avalanche (AVAX) […]

Iran Makes First Import Order Using Cryptocurrency - Report

Iran made its official first import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. The import order using cryptocurrency, worth $10 million, was a first step towards allowing the country to trade through digital […]

Coinbase Posts Loss as Crypto Market Turmoil Hits Trading Volumes

Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away from trading in cryptocurrencies causing a crypto market turmoil, sending its shares down 6 percent after the bell on Tuesday. Trading volumes at the cryptocurrency exchange more than halved to $217 billion in the second […]

India Freezes Assets of Binance-linked WazirX

India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation into suspected violation of foreign exchange regulations. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16 million). “We have been fully […]

EU Securities Watchdog to Arm Itself with Crypto Data

The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a “Wild West” sector, a public tender document showed. While cryptoasset firms will be licensed by national regulators in the 27-country bloc, the European Securities and Markets Authority (ESMA) will […]

NFT Drugs: Digital Tokens and Drugs Coincide  

The medically recreational drug industry and Non-Fungible Tokens (NFTs) are seemingly a match made in heaven. Whether you view that as a good thing or not is up to you, but it is a massive component of the NFT drugs coexistence. Despite the controversy, the bond between the two is used to further well-intentioned causes, […]

FTX Wins Full Approval to Operate Crypto Exchange in Dubai

Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house in Dubai, as the Gulf emirate pushes forward with plans to develop its digital asset sector. The Bahamas-based company said it will start by offering regulated crypto derivatives products and trading services to institutional investors in Dubai as […]

Factbox-The Crypto Crash Hit These Companies the Hardest

Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world’s largest digital asset, bitcoin, down more than 56 percent from this year’s high. Several crypto companies have filed for bankruptcy or have been forced to look for emergency capital infusions. THREE ARROWS CAPITAL Singapore-based crypto […]

Cryptoverse: What Crisis? Venture Capitalists Bet Big on Crypto

Cryptoverse, It’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data […]