Ethereum price has tanked $2,000 for the first time since late June. (Read More)
Visa Approves Australian Startup CryptoSpend to Issue Debit Cards in Cryptos
The world’s leading payment giant Visa approves the Australian startup CryptoSpend to issue debit cards for its customers to consume through cryptocurrencies. (Read More)
Bitcoin battered and bruised – but is it beaten?
Elon, then China, then regulatory jurisdictions around the world have all taken their turns to put the boot into Bitcoin. The number one cryptocurrency is on the precipice. Strong support at $30,000 is being approached again. Is this the time for Bitcoin to fall over the edge, or will we see a huge Bitcoinesque rally? It’s quiet in […]
TotemFi announces their roadmap to Mainnet
This week TotemFi, the staking-based prediction market platform, revealed their roadmap to the Mainnet launch of their collaborative, non-punitive predictions platform. Commenting on the launch, CEO Jolyon Layard Horsfall stated: “looking back on our TGE less than three months ago, and at all the work which it took to get us to this point, we’re […]
Thales Uses DAO-first Round to Raise $2.5 Million
In an important development, Thales has successfully raised $2.5 million through an investment round led by the Apollo Capital and Framework Ventures. The company has also expressed its gratitude to LD Capital, ChainCatcher, Zee Prime Capital, and Honey DAO for providing their valuable logistical support during the process of this money-raising exercise. It is a […]
Polygon Adds the 1st Non-Cash Base Token, WMATIC
While the crypto sector is facing some troubles, Polygon is shining through its partnerships and product launches. Now the network is adding the first non-cash base token, WMATIC. In addition, Deri Protocol, the novel derivative protocol on the Polygon network, is adding the token. Deri Protocol supports multiple base tokens to offer liquidity to LPs […]
China shuts down crypto mining in Anhui province
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations. The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province. Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and […]
Japanese police arrest alleged masterminds behind $55M ‘AI-led‘ crypto scam
Four men have been arrested in Aichi Prefecture for allegedly running a fraudulent crypto scheme that drew in 20,000 Japanese investors and raised 6 billion yen. Four men have reportedly been arrested in Japan’s Aichi Prefecture for running an allegedly fraudulent crypto investment scheme that persuaded investors they could reap returns on the basis of […]
Cryptocurrency Trading Volumes Decreased 40% in June
Cryptocurrency trading volumes decreased significantly in June according to data from Cryptocompare, a price and volume tracking organization. Volumes traded diminished by at least 40% month-on-month, with spot and derivatives trading both suffering due to the mining and trading crackdown in China, amongst other factors. The resulting volatility seems to have made many traders lose […]
Bitcoin, Dogecoin, all coins fall amid sudden crypto market pullback
The crypto market took a turn for the worse today yet again as literally all top 100 cryptocurrencies—except stablecoins—have plunged into the red zone across the board. At the time of writing, Bitcoin (BTC) slipped below the 32,000 mark, trading at around 31,900, down 3.5% on the day, according to crypto metrics platform CoinGecko. Ethereum […]