StarkWare nets $100M as investors bank on layer-2 success
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Dubai World Trade Centre to create new crypto hub and become regulator
Another government-backed project in Dubai aims to set up an attractive environment for the crypto industry. 662 Total views 19 Total shares The United Arab Emirates (UAE) continues to emerge as one of the world’s biggest cryptocurrency-friendly jurisdictions as the government of Dubai has a new initiative to support local crypto development and regulation.The Dubai…

DeFi Drives Dapp Volume Growth Amid 75% Crash in Casino Activity
Crypto analysis firm DappReview published its quarterly report examining transaction volumes for decentralized applications (DApps) on April 8.The report finds a significant increase in total DApp activity during the past three months when compared to Q1 2019, despite a drop in the number of new projects and users.Quarterly DeFi volume nearly doubles year-over-yearWhile Quarterly Ethereum-based…

7,000+ Sign Petition Against Drafted Cash Restrictions in Australia
More than 7,000 people have signed a new petition against drafted cash restrictions in Australia, different drafts of which include and exclude digital currencies from proposed limits.Earlier this week, Robert Barwick, director at the Citizens Electoral Council of Australia, initiated a petition against the proposed "Currency (Restrictions on the Use of Cash) Bill 2019" recently…

Opera to Launch Built-In Cryptocurrency Wallet for Desktop Browser
Opera is launching its desktop web browser with built-in crypto wallet functionality, according to a press release shared with Cointelegraph Wednesday, August 8. The firm already offers a mobile crypto wallet as part of its beta version of Opera for Android, which launched in July earlier this year. Opera cites “strong interest” and an “overwhelmingly…

3 reasons SOL price is up 30% in two weeks — Will Solana’s uptrend continue?
Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its…

Here’s what happened in crypto today
Today in crypto, crypto investors have started to lose their speculative appetite amid rising scams and geopolitical uncertainties. Australia’s ruling government has promised action on crypto debanking as it announced a new crypto framework regulating exchanges. Meanwhile, Canary Capital is seeking regulatory approval to list an exchange-traded fund backed by Pudgy Penguins’ governance token. Bitcoin

Bitcoin short-term holders ‘panic’ amid nearly 100% unrealized loss
Bitcoin (BTC) speculators are in “panic” mode as nearly all of them are in the red, research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed 97.5% unrealized losses among Bitcoin’s short-term holders (STHs).Research warns of "non-trivial" Bitcoin sentiment slideBTC price action in recent months has tested the resolve

Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation. 41 Total views 2 Total shares Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its…