New crypto users shouldn’t ‘rush into DeFi’ — Security firms

The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations. 240 Total views 9 Total shares Own this piece of history Collect this article as an NFTCoinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping…

Yo-yo, Tamagotchi... Dogecoin! 2709 Total views 25 Total shares The rapid emergence of Dogecoin (DOGE) as the fourth-largest cryptocurrency by market capitalization has led some to perceive the meme coin as a mere fad — something very much here today, but doomed to be gone by tomorrow.But in the unlikely event that Dogecoin actually disappeared…

Big investors are betting big on Bitcoin price strength, but the same cannot be said for the average exchange user. 353 Total views 35 Total shares Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows.Analyzing whale behavior, on-chain monitoring resource Whalemap revealed accumulation underway at levels above $36,000.This…

LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support. 1281 Total views 5 Total shares Terra (LUNA) may fall to nearly $25 per token in the coming weeks as a head-and-shoulders (H&S) setup develops, indicating a 50% price…

Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November. Bitcoin in a downtrend on lower timeframesEvery beautiful rally comes to an end and gets followed by a corrective period. This correction seems to have started with the price currently down more than 10% since touching…

Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the cryptocurrency space. Yet as the need for digitized processes continues to impact…

Bitfinex’s Bitcoin (BTC) holdings have decreased by 66,000 in the past four weeks.On March 17, the exchange held 200,140 Bitcoin. By April 13 this amount had dwindled by 33%, to just 134,091 Bitcoin. The massive decrease mirrors that experienced by BitMEX, which saw a 38% percent decline in its Bitcoin holdings after the mid-March “flash…

The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. 562 Total views 2 Total shares The U.S. Department of State has announced it will be taking a seemingly more active role in the pursuit of keeping some crypto users accountable.According to a Thursday Bloomberg report, the Biden administration intends to ramp…

501(3)(c) status boosts the project's legitimacy as well as its efficiency in using donations. 2366 Total views 11 Total shares A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors.Brink, which launched in the fall, has been approved as a 503(c)(3) organization according…