Federal Reserve Board drops enforcement action against Silvergate

Bitcoin’s (BTC) price has been consolidating in recent days, which kickstarted the rest of the cryptocurrency market. This frequently happens as Bitcoin starts to consolidate, it gives the chance for the rest of the market to catch up.Cardano (ADA) is one such cryptocurrency, which gained 170% in February alone with its price nearing $1 for…

The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of Bitcoin (BTC). In 2020, the DeFi sector experienced a bull market that saw the total value locked (TVL) in decentralized finance protocols surge from $1 billion to over $100 billion. However, the DeFi market has

British YouTuber KSI blames "over leveraging" for his previous loss of $9.74 million (£7 million) in crypto investment. 257 Total views 4 Total shares Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s…

Judge Martin Glenn says U.K. legal principles may be “persuasive” in the absence of U.S. legal precedents in the complex case of the crypto lending platform’s bankruptcy. 370 Total views 5 Total shares The lack of crypto regulation in the United States has long complicated the lives of users and service providers, and now a…

Bitcoin (BTC) has beaten gold in terms of returns by such a large amount this decade that investors have firmly dismissed recent price declines.Data from monitoring resource Blockchain shows that since 2010, Bitcoin has delivered profits of almost 9 million percent.Bitcoin profitable 89% of its lifetimePut differently, $1 invested in BTC ten years ago was…

Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals. 889 Total views 30 Total shares Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks ago.As previously reported, crypto lending…

As crypto prices continue climbing, Bitcoin's market cap has almost reach par with Bank of America's market cap. 914 Total views 22 Total shares All the speculative capital invested in Bitcoin (BTC) at the moment totals just a few billion dollars shy of Bank of America's market valuation.Bitcoin's current market cap sits just over $217…

One of the men who coined the term "proof-of-work" to join as chief scientist 1824 Total views 2 Total shares Chainlink (LINK) has acquired a privacy-preserving oracle protocol DECO from Cornell University and one of its creators, Ari Juels, will be joining Chainlink as chief scientist. Previously, Juels served as chief scientist at RSA and…

After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency. 887 Total views 1 Total shares The Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s digital payments.Governor Perry Warjiyo said Tuesday…