Private transactions now dominate Ethereum order flow — report

Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge.While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting setups…

Cryptocurrency trading is legal in Indonesia, but the use of crypto for payments carries hefty penalties, including jail time. 1360 Total views 15 Total shares Bali’s government is cracking down on tourists paying for goods and services using cryptocurrency, with the island’s governor sending a reminder that Indonesia’s fiat currency is the only legal tender.On…

According to a Feb. 3 press release, open source blockchain platform Waves established a non-profit organization called Waves Association in Frankfurt, Germany to provide effective governance for its own ecosystem, Web3, and to foster the development of DLTs, including public and private blockchain protocols. Uniting six countries The Waves Association will be represented by ten community members…

Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical reality into the Metaverse.It is no secret that the physical world is beginning to merge with the digital, and that blockchain is serving as the arbiter of reality in many of…

Onchain data shows that Ethereum co-founder Vitalik Buterin moved 600 ETH to U.S. exchange Coinbase amid ongoing market woes. 146 Total views 3 Total shares Blockchain sleuths have flagged the transfer of $1 million of ETH belonging to a wallet controlled by Ethereum (ETH) co-founder Vitalik Buterin as cryptocurrency markets remain depressed after widespread weekend…

NFT creators and marketplaces have been targeted by the SEC for conducting illegal activity in a new wave of regulatory action against unregistered securities. 1409 Total views 25 Total shares The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to…

Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission. 455 Total views 5 Total shares Despite not having a clear regulatory framework on cryptocurrencies, the United States has positioned itself as the “most crypto-ready” nation in the world based on…

Bithumb, one of the largest South Korean cryptocurrency exchanges, will open up account registrations after a month-long freeze, local media outlet Yonhap News reports Wednesday, August 29. According to a spokesperson from banking partner Nonghyup Bank, Bithumb will meet specific requirements as dictated by South Korean law in return for regaining banking support. Nonghyup had…

Ripple, Brave, Huobi and 40 other companies have joined the Open Payment Coalition to launch instant payment network PayID worldwide. 192 Total views 1 Total shares More than 40 companies including Ripple, Brave and Huobi have joined forces to form the Open Payments Coalition and launch universal payments system PayID.Reaching more than 100 million consumers,…