Centralized crypto exchanges are key for mass adoption, despite FTX collapse

Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.Screenshot of QuadrigaCX Webpage. Source: QuadrigaCXThe exchanges users, some of whom have purportedly been…

"Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. 720 Total views 64 Total shares The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies in regards to digital assets.In an…

Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. 1233 Total views 32 Total shares Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal…

Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury. 132 Total views 1 Total shares The inaugural edition of the GAM3 Awards — a new web3 gaming awards event hosted by Polkastarter Gaming — is set to take place on…

This seemingly fight-or-flight response to blockchain’s rising ubiquity may be too little, too late. 2438 Total views 12 Total shares SWIFT, the Brussels-based interbank cooperative, has unveiled its first active instant cross-border payment connection — a move that could have major implications for the global payments landscape. The cooperative announced Thursday that United Kingdom-based Lloyds Banking…

Validators decided to halt chain operations on Thursday in anticipation of governance attacks as the LUNA token plunged over 99%. 6872 Total views 21 Total shares Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. This text shouldn’t be considered as legal advice.In our Expert Takes, opinion leaders from inside and outside…

Bitcoin (BTC) created another milestone today when the price breached the $50,000 barrier. Bitcoin has now risen about 1,230% from a low of $3,803.58 on March 13 of last year to a new all-time high at $50,622 today. This rally has been led by strong institutional demand that is showing no signs of stopping. MicroStrategy…

Bitcoin (BTC) likely reached its low when it hit $3,700 earlier this month, veteran trader Tone Vays has forecast as markets remain up 70%.In the latest episode of his Trading Bitcoin YouTube series on March 29, Vays repeated his previous claim that, logically, BTC/USD should bottom at 20% of its 2019 highs — $2,800.Vays on…