WazirX slams external forces for delaying restructuring efforts
This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.
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Bitcoin price bounces despite stocks rout as Ethereum hits new $4,350 high
New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this week's sell-off. 5062 Total views 18 Total shares Bitcoin (BTC) gained 4.3% on May 12 as cryptocurrencies recovered losses despite increasing turmoil on global stock markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price reverses upwardsData from Cointelegraph Markets Pro and…

Friend.tech hype unsustainable? Critics give it only months to live
Friend.tech, a new decentralized social media (DeSo) app has rapidly become one of the hottest new things in crypto, with over 64,000 new users and more than 24,000 ETH in trading volume since its beta version launch of Aug. 11. While many crypto industry heavyweights have praised the app for bringing thousands of people on-chain and…

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.$150,000 in powerOn Sept. 21, in an announcement from the Armenian National Security Service, the organization accused an IT company of illegally mining cryptocurrencies from inside a hydropower plant.The state agency reported that the IT company had installed…

XRP Price Gains 40% in One Week But Can It Continue Rally to $0.50?
Most markets are rallying since receiving a severe shakeout throughout the weekend, during which the price of Bitcoin (BTC) fell by $1,400 in minutes below the $11,000 level, liquidating $1 billion in futures along the way. However, one of the most reliable coins in recent days has been Ripple’s XRP token as it rallied 40% in…

Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework.

A digital yen will make the crypto market ‘more lively,’ says Monex CEO
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan's recent interest in central bank digital currency. 2596 Total views 18 Total shares Earlier this fall, the Bank of Japan announced its plans to begin testing a central bank digital currency proof-of-concept in 2021. Further details of the institution's…

Independence Day director creating TV series based on Web3 game
The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers.

Price analysis 10/13: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC
A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be one of the reasons for the drop in spot volumes. Bloomberg reported on Oct. 11 that Coinbase’s spot trading