Cardano price risks erasing 40% of 'Trump Trade' gains by December
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December.
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Microsoft warns digital currency owners to be aware of new malware
Windows users must be wary. 2318 Total views 26 Total shares In a tweet, Microsoft Security Intelligence (MSI) warned cryptocurrency owners who are also Windows users on August 27 that their funds in crypto wallets might be in danger because of a new malware.The new malware, called Anubis, seems to use code forked from Loki.…

US state dept urges El Salvador to be ‘responsible’ about Bitcoin adoption
Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. 354 Total views 1 Total shares The U.S. Department of State’s Under Secretary of State for Political Affairs Victoria Nuland said El Salvador should ensure Bitcoin is well regulated…

Prediction market doubts Trump will complete first term after COVID-19 diagnosis
A pump in daily volume creates an 8% swing on whether Trump will complete his first term. Following reports of United States President Donald Trump’s positive test result for COVID-19, prediction markets have (perhaps predictably) seen a flurry of activity.One of the more macabre predictions gaining attention is on the centralized PredictIt market run by…

From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs
Mongolia is a land of endless steppes, hosting mystic Tibetan Buddhist monasteries and fierce horse warriors blessed by the eternal Tengri, the sky god in folk shamanism. For centuries, the harsh, cold climate of the plains forced its people to venture to the world beyond in a series of journeys and conquests. And now, blockchain…

Brazil could have CBDC in two years, says central bank president
A central bank digital currency in Brazil may be inevitable. The president of Banco Central — Brazil’s central bank — has announced Brazilians could expect to see a central bank digital currency before 2023. According to a Sept. 2 report from news outlet Correio Braziliense, Brazil could be ready for a central bank digital currency (CBDC)…

Hong Kong would not go crypto without China’s approval — Animoca exec
China looks at Web3 as a powerful tool to challenge the United States’ technological and economic hegemony, the Animoca co-founder said. 667 Total views 11 Total shares Hong Kong’s rapid adoption of cryptocurrencies and Web3 is a sign of some “big moves” happening in mainland China, a co-founder of the local game software firm Animoca…

Iran Impart Association demands regulatory clarity to use crypto in foreign trade
Corporate lobbyists urge the government to create a proper infrastructure and avoid the emergence of business rent. 136 Total views 10 Total shares In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Saturday local…

FTX debtors and UCC clash over asset control in restructuring
FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries. FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to…