Crypto community reacts to reports of Wall St. lawyer up for SEC chair role
The latest rumored candidate under Donald Trump’s upcoming administration to potentially replace SEC chair Gary Gensler has sparked a mixed reaction from the crypto community.
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Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens
Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools. 398 Total views 10 Total shares Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according…
Bybit enters into settlement agreement with Ontario Securities Commission
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario. 441 Total views 22 Total shares Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against…
3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support
Bitcoin’s price gave back some of its recent gains this week, but multiple data points suggest that $30,000 should hold as support going forward.Bitcoin (BTC) remained within a narrow 4.3% range for the 15 days leading up to July 7. Despite the proximity of the $29,895 to $31,165 range, investors’ sentiment was significantly impacted by an…
IRS lists 4 crypto crimes among its top cases in 2023
The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks. 467 Total views 17 Total shares The criminal investigation unit of the United States Internal Revenue Service (IRS) has listed four crypto-related cases among the top ten of its “most prominent and
Blockchain Phones and Bitcoin Watches: Revisiting the Crypto Tech Hype
Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge of interest in the space came to a head in 2017 as Bitcoin (BTC) hit never-before-seen…
Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements
Raiffeisenbank, a Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), has developed a corporate blockchain platform, the bank announced in a press release on May 31.Targeting holding firms, the new blockchain platform claims to automate settlements by corporate clients and enable a trusted network for sharing data between a group of companies, the press release…
Buterin helping to strategize against Ethereum 51% attack possibility
Ethereum co-founder Vitalik Buterin is working to proactively solve a blockchain vulnerability. 625 Total views 8 Total shares Ethereum developers recently proposed a network change called EIP-1559 — a proposal meant to combat the network's rising transaction fees. Expected to take effect in July of this year, the move would send a part of every…
Primary vs. secondary markets: Key differences
Stock and crypto markets are essential components of the global financial system. These markets provide a platform for investors to buy and sell financial assets, which helps companies raise capital for investment and growth. Moreover, the stock and crypto markets play a crucial role in determining the value of an asset. The market price of a…