US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance

By | November 23, 2022

U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker… Read More »

Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon

By | September 22, 2022

Major government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will soon be filed with the State Duma, a high-ranking member of the house unveiled. Financial Authorities Reach Consensus on How to Regulate Mining of Digital… Read More »

Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs

By | May 29, 2021

press release PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of strategic investors The funding round concluded with Pandora selecting some of the most… Read More »

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

By | December 3, 2022

Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support on Proprietary Blockchain The blockchain… Read More »

ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem

By | May 26, 2021

sponsored Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many to search for alternatives. ABEYCHAIN 2.0 seeks to be an… Read More »

Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation

By | May 22, 2021

Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. Crypto Revolution Amid ‘Liquidation Event’… Read More »

Promising Integrations Join the Polkadot Ecosystem

By | May 21, 2021

As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0. Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats up, more players… Read More »

Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit

By | October 14, 2022

Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit… Read More »

UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases

By | October 4, 2022

The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy countries declines by 0.5%, and for… Read More »

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

By | September 30, 2022

As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior… Read More »