Following several indications and predictions from crypto experts and platforms, the market price of BTC has soared. Several speculations were made that the coin would bull up to $20k to $22k over the weekend. However, the assumptions seem to be coming to reality. BTC Market Price Currently Above $22K Cryptocurrency giant BTC seems to be…
Paraguay has just joined the list of countries with a cryptocurrency regulatory framework. The regulatory framework of crypto transactions has been made in different countries for the past year. Countries give out different policy structures and guidelines for crypto investors, buyers, and exchange platforms. Paraguay Senate to Control BTC Trading and Mining The senate members…
The amount of success and bullish trend made by LDO (Lida DAO) seems shocking to crypto traders, sellers, and buyers for the past week. It was announced as one of the most significant tokens on the Ethereum blockchain, with top choices for the past few days. This move has been a concern to crypto traders…
High-level phishing has occurred on Uniswap v3 protocol. The campaign which targeted the liquidity provider saw the hackers make away with Ethereum. The minimum worth of the assets as of the time of reporting was put at $4.7 million. Uncertain Degree of Loss Uniswap community is saying the loss might be more. A security researcher…
The Initial Coin Offering (ICO) fraud saga started around October 2020, after a Late renowned tech expert, John McAfee was arrested. The late tech expert was arrested after a report was made to the Spanish authorities; who detained him immediately. John McAfee Initial Coin Offering (ICO) Fraud Arrest The warrant of the arrest was an…
Large-scale Shiba Inu holders and the whales generally are marching hard again. IntoTheBlock reported that large-sum transactions have jumped on Shiba Inu’s network. The report says it went up by 85% within the last day. Whales Swung into Full Control A transaction on the Shiba Inu network is usually over $100,000. Large transaction increases are,…
The Bank of America is now taking a bullish position toward Bitcoin. Its recent chart analysis shows Bitcoin in the month of June this year. The bank shows optimism about the asset in its global research report for 2022. It further shows that Bitcoin has survived many crashes through the years. But the king coin…
All projects initially on the collapsed Terra ecosystem are collaborating to aid each other’s move. Their next destination is to land on Polygon’s layer-two network and operate from there. An Inevitable Exodus There are over 48 various crypto projects that were based on the failed Terra network. Their newly found resurgence to move to Polygon…
Diplomats from the US have called on Tokyo to put pressure on Japanese crypto dealers. The focus is on miners and crypto exchanges to cut ties with Russia. The call is geared toward tightening Russia’s financial exposure over the war in Ukraine. Washington Demands Japan Crypto Companies Boycott Russia The US demanded that Japan ensures…
Lawyers in the lawsuit against Solana claim that its native token is a centralized asset. They further say it is riddled with insider trading to the disadvantage of retailers. Too Strong Allegations Solana labs have become the most recent crypto firm to be entangled in a lawsuit. The lawyers went ahead to say it is…
The Bank of England has said the crypto market requires a firm regulatory framework. And not just that, the market also requires a dedicated law enforcement style. All these are because of the volatility the market experiences from time to time. The Bank equally cautioned that asset prices in the market could still fall further….
The US Federal Reserve hosted a meeting of speakers to discuss cryptocurrencies and the economy. Surprisingly, the panel unanimously supported the cause of digital assets. Panelists at the event asked that cryptocurrencies be allowed to grow in the US. Using Crypto to Strengthen the Dollar The panel went further to say allowing cryptocurrencies will only…
