Tag: ethpax

Crypto adoption has hit its peak this bull season with millions of new users joining the ecosystem, some out of curiosity while others get in hopes of making quick money. A recent report from Business Insider suggests that crypto apps have dominated the chart of fastest-growing financial applications and among those crypto apps, Coinbase is The post Breaking: Coinbase Tops the List of...

El Salvador’s Court of Accounts revealed that it had received a complaint from the regional human rights and transparency organization, Cristosal, regarding Bitcoin trust’s expenditure process in El Salvador. The Court of Accounts will now investigate the matter and may impose administrative and asset sanctions against officials as a result. Additionally, the Court of Accounts The post El Salvador: Government faces investigation into...

ECB President, Christine Lagarde made anti-crypto comments on "The David Rubenstein Show: Peer-to-Peer Conversations". On the issue of crypto’s global purpose and whether it’s too early to determine one, Lagarde claimed that the decentralized sphere is supported by a highly speculative asset class, which stands nowhere close to the definition of currency. “Cryptos are not The post ECB President asserts “Cryptos are not...

Cardano ($ADA) blockchain successfully integrated smart contracts to the mainnet on September 12 via Alonzo hardfork. The key upgrade was a major milestone coming at a critical time when NFT and Defi market is touching new highs. The smart contract functionality would allow Cardano to support Dapps, Defi protocols, and NFTs which all are governed The post Cardano's Smart Contract Count Breaches 2,200,...

Payment gateway giant, PayPal announced on Twitter that all eligible customers in the U.K. will now be able to buy, sell and hold cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Bitcoin cash through their PayPal accounts. We are delighted to share that all eligible customers in the UK can now buy, hold and sell #Cryptocurrencies The post Just-in: PayPal Starts Bitcoin and Other...

The latest...

On Thursday, September 16, the world's second-largest cryptocurrency Ethereum (ETH) rallied all the way to $3,700. Even today, ETH continues to hold $3500 levels strongly. However, the Ethereum supply dynamics at the exchanges tell an interesting story. As per data from IntoTheBlock, the total number of ETH leaving the exchanges has hit a new record The post Ethereum (ETH) Supply Dynamics Tell An...

XRP price has continued to consolidate around $1.10 after falling from its three-month high of $1.41 during the recent market flash crash. However, the altcoin has maintained strong on-chain support and an increased network activity could help it break past new highs. Veteran trader Peter Brandt also sees constructive long-term potential in the altcoin, confirming The post Veteran Trader Peter Brandt is Bullish...

Amid a global crypto crackdown, World’s...

Chinese Crypto Crackdown is now extended into rural China with the latest shut down of Chenggu County’s "National Blockchain Application Operation Vocational Qualification Training Center", an illegally operating cryptocurrency training center. Cryptocurrency investment began to spread in rural China, and a cryptocurrency training center was closed in Chenggu County, Shaanxi Province, China. https://t.co/lYRYYzW9R9 -- Wu The post China Crypto Crackdown: Chenggu County shuts...

Andreessen Horowitz (a16z), one of the most influential venture capital firms is reportedly in advance talked with an Indian crypto exchange Coinswitch Kuber to close a $100-$200 million funding round. According to the sources, if the estimated funding goals are reached, the Indian crypto exchange could see a four-fold increase in its valuation from the The post Breaking: Indian Crypto Exchange Eyes $2...

El Salvador’s native newspaper La Prensa Gráfica (LPG) shared a traumatizing video on its Twitter handle, displaying the Anti-Bitcoin protests running violently with an on-fire Bitcoin ATM captured by the publication. La actividad en el centro histórico de San Salvador transcurre sin sobresaltos mientras un cajero Chivo es consumido por el fuego tras las manifestaciones The post El Salvador: Enraged Protesters burn down...

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Coinbase Inc ($COIN), one of the top global crypto exchanges based out of New York has filed with the National Futures Association (NFA) to offer crypto futures services. The crypto exchange filed the application on September 15 and if approved it would join the likes of FTX.US who recently acquired a CFTC approved derivative platform The post Just-In: Coinbase ($COIN) Files For Crypto...

One of the largest NFT trading marketplaces OpenSea recently admitted insider trading by its executives. The OpenSea executives were using proprietary information to benefit from the NFT sales. These employees reportedly purchased items before being publicly displayed. The head of Product Nate Chastain, supposedly behind it, has been removed from his position. In its official The post Despite Insider Trading, OpenSea Transaction Volumes...

Avalanche bull run hits a new all-time high at $65 while its technical picture hints at the bullish leg stretching further. Ethereum resumes the rally toward $4,000 after breaking the stubborn resistance between $3,500 and $3,600. Bitcoin has settled above $47,000 while eyeing levels above $50,000 as the week's trading nears the tail end. Altcoins, The post Avalanche, Ethereum Price Analysis: September 16,...

According to news from the Analytic group, PeckShield, the DEX protocol, NowSwap was hacked and lost more than 1 million USD in funds. The attackers stole 535,000 USDT and 158 WETH. USDTs are converted to ETH through the distributed network service, 1inch, and further transferred to the Ethernet Square anonymous trading platform, Tornado Cash. Furthermore, The post Defi Hack Alert: NowSwap losses over...

SAND price has fallen nearly -20% over the last week SAND Price has formed a symmetrical triangle 45 MA is acting as resistance Sandbox (SAND) Forms Symmetrical Triangle The Sandbox (SAND) price has exploded in popularity & users over the last year thanks to the ongoing NFT boom. Virtual artwork, game figures, documents, & much The post Metaverse Update: Sandbox (SAND) Price Drops...

Securities and Exchange Commission (SEC) Chairman, Gary Gensler has received considerable criticism from republicans as well as the crypto community for his Tuesday’s testimony before the Senate Banking Committee. While testifying, Gensler claimed that most digital assets that are allowed to trade on crypto exchange platforms are required to register with the SEC. Gensler argued The post Ripple’s Garlinghouse Criticizes Gensler’s unclear testimony...

The latest update in the XRP lawsuit saw the plaintiff file a Letter Brief in the DPP dispute, supporting the allegedly privileged data it is keeping from Ripple. The SEC asserted that all documents that will be reviewed by Judge Netburn, in-camera are “pre-decisional and deliberative”, and henceforth protected by the Deliberative Process Privilege (DPP). The post XRP Lawsuit: SEC files letter brief,...