A freshly minted non-fungible token backed by 1.15 million ENJ that pays homage to the Doge meme is now the most valuable ERC-1155 token in existence. A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at […]
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Mayhem on forex markets joins the stocks purge which returned for a second round this week, erasing previous recovery signals while Bitcoin price gained. Bitcoin (BTC) continued beating out any competition on March 7, turning $9,000 into solid support while coronavirus ravaged stocks and forex alike. Cryptocurrency market daily overview. Source: Coin360 BTC price makes […]
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Dark clouds still loom for the Indian crypto industry, with a 2019 bill proposing a ban on virtual currencies still pending in India’s parliament. A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the “Banning of Cryptocurrency and Regulation of Official Digital Currency Bill” from 2019, […]
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The U.S. central bank continues inflationary measures to satisfy liquidity demands from lenders, as coronavirus plays havoc with stability. The United States Federal Reserve has funneled the equivalent of half the entire Bitcoin (BTC) supply into the economy — but banks want even more money. As the New York Fed confirmed on its website, so-called […]
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BitPanda CEO Eric Demuth explains why regulations are necessary to avoid a “Wild West” for crypto, and names first stop outside of the EU. The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry. […]
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Binance CEO Changpeng Zhao takes issue with Justin Sun’s characterization of the Steem takeover as an ‘upgrade’. Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain. Sun claimed that these reports were “misleading” and that “We […]
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Interlay received a grant from Web3 Foundation to develop a Bitcoin bridge on Polkadot that would allow wrapped versions of BTC to be exchanged on the network. Interoperability project Interlay has been selected to receive a Web3 Foundation grant to continue its work on Polkadot. The money will be used to develop a parachain on […]
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Blockchain tech as the privacy keeper: How the distribution of metadata will help you to maintain privacy. It has been nearly seven years since Edward Snowden blew the whistle on highly classified global surveillance programs, inciting a national conversation about privacy in the digital age. One of these revelations was that the NSA had access […]
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A director of one of the U.K.’s regulating bodies described new crypto Anti-Money Laundering overwatch added to the EU’s already stringent 5AMLD expectations. To combat the alleged risks associated with crypto assets and their networks, Her Majesty’s Treasury, the United Kingdom’s finance and economics department, has added additional measures. The new Money Laundering Regulations, or […]
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Spanish fintech CEO says blockchain will surely help the environmental initiatives across the globe. Corporates that advocate for Environmental, Social and Governance (ESG) responsibility initiatives should adopt blockchain technology, the CEO of Spanish blockchain software firm Finboot said on March 5th in a blog post. According to Finboot CEO and co-founder Juan Miguel Perez, to […]
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