'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges

Numerous governments are attempting to ban cryptocurrencies, with recent examples from China, India, Turkey and Nigeria. The reason for doing so is simple: The decentralized nature of cryptocurrencies poses a threat to the legacy financial system, and as the technology itself is still in its infancy, it seems to attract hackers. Even so, banning crypto…

CZ replied to users on Twitter about Binance's becoming the second-largest voting entity in the Uniswap DAO. 197 Total views 4 Total shares The millions of UNI (UNI) tokens delegated by Binance were a "misunderstood situation," said Binance CEO Changpeng “CZ” Zhao in a Twitter post, in response to questions about 13.2 million UNI tokens…

Bitgrail’s founder Francesco Firano is accused of fraud related to the massive hack back in 2018. 674 Total views 6 Total shares Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the platform’s $150 million hack in 2018.Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over…

From a technical viewpoint, blockchain is a growing records list that is cryptographically tied to and managed by a peer-to-peer network. At the same time, they join a protocol of communication among nodes to validate new blocks.Essentially, a blockchain is a way of validating data transactions in a permanent and immutable manner to guarantee that…

Bancor’s new liquidity mining strategy promises to bring organic on-chain liquidity and make DeFi staking easier for DAOs. 117 Total views 31 Total shares Bancor, the first decentralized finance protocol to introduce liquidity pools, has come out with a new liquidity solution with the launch of its v3, called Bancor 3.Bancor 3 went live with…

Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country’s banking ban. The official announcement was published Thursday, September 27.Citing “extremely difficult” conditions it encountered attempting to process customer orders in the current environment, the exchange gave just several hours’ notice of the decision, which as of press time is…

Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 507 Total views 12 Total shares Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers…

TON, PEPE, KAS, and JASMY could attract buying if bears fail to pin Bitcoin below $64,602.

The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China's crypto ban and the United States' crypto tax proposal.The benchmark cryptocurrency reached an intraday high of $40,855 before turning lower owing to profit-taking sentiment. In the meantime, analysts such…