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Although most coins are still staggered, Ethereum Classic, Basic Attention Token, and Ravencoin still posted strong gains. Do the indicators suggest their prices will keep rising? Ethereum Classic On June 3, Ethereum Classic hit a yearly high of $9.85. The move followed a nearly 200 percent upswing that began in early December 2018 when it […]

History’s third largest Ponzi, Plus Token, took in nearly 10 million Ethereum—worth $1.9 billion—from over 800,000 victims, according to analysis conducted by Elementus. These coins have the potential to flood the ETH market should the perpetrators cash out. Background on the Plus Token Wallet Ponzi Plus Token Wallet, a mobile app promoted across China, South […]

Coinbase’s newly launched decentralized web feature will enable users to access dapps on any desktop browser. WalletLink will securely link users’ Coinbase Wallet apps with their desktop browser, while keeping their funds safe, according to a press release. Coinbase Wallet experience no longer limited to mobile devices The largest cryptocurrency exchanges in the U.S., Coinbase, […]

Litecoin’s halving on Aug. 5 reduced the network’s mining difficulty and hashing power by almost 30 percent. The difficulty dropped from just under 16 million a day before the halving to 11.40 million on Aug. 22, raising questions about security and fee markets on the network. Litecoin’s halving drastically reduces network mining difficulty The world’s […]

Crypto exchanges are starting to allow retail users to speculate on the price of high-end footwear, potentially unlocking an endemic new use case for cryptocurrency as the default medium of exchange for collectibles, as pointed out by Three Arrows Capital CEO Su Zhu. I think one use case that is under-explored is the fact that […]

San Fransisco-based digital securities issuing platform Securitize became the first “blockchain-focused agent” to get SEC approval.  The company said this will enable the company to be an official keeper of records for all digital securities registered with the SEC, positioning it as a one-stop digital securities service provider, said the company to CryptoSlate. Securitize receives […]

In the past few years, there has been this bubbling discontent against centralized figures in our lives, especially in our digital lives. We have had to bow down to the rules of banks, social media sites, even governments and authorities as there have been no other alternatives. This lack of competition had also driven the […]

Facebook’s bold “new global currency,” Libra, was hit by an antitrust probe from regulators in the European Union because it could unfairly dominate the market, according to a document seen exclusively by Bloomberg. The Executive Commission of the EU is studying Libra to see if it could breach anti-competition laws. Considering Facebook’s historic use of […]

OFAC and FinCEN announced a coordinated effort to sanction three Chinese nationals for an international drug trafficking operation with profits laundered via Bitcoin and Litecoin. The culprits, identified as Xiaobing Yan, Fujing Zheng, and Guanghua Zheng, were accused of manufacturing and distributing lethal narcotics. These drugs contributed directly to the opioid crisis in the United […]

Cardano’s official commercial and venture arm, Emurgo, signed a memorandum of understanding with two government-approved trade associations in Korea. The partnerships will focus on implementing Cardano for Korean digital content and mobile gaming. Emurgo enters the Korean market Cardano adoption continues to grow in Asia. The company’s official partner and commercial arm, Emurgo, partnered with […]