What weaknesses did the Black Thursday and high market volatility reveal for the decentralized finance industry? On March 12, United States President Donald Trump gave a 10-minute speech on COVID-19 that, coupled with the World Health Organization’s official declaration the day before that the outbreak was now a pandemic, sparked panic across global markets. Investors […]
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Bitcoin ended its lengthy consolidation in the $6.4K-$6.8K range with a swift drop to $6,068, with the weekly and monthly close approaching traders will be keeping a close eye on the price. After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time […]
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DeFi’s most important company, MakerDAO, narrowly avoids the hangman’s noose, carries out debt auctions to set things right. The crypto industry is young, and in emerging tech, a handful of companies often lead the charge. For those holding equity in these companies, this is generally considered something to be encouraged. For everyone else, it is […]
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The trial of two of Centra Tech’s founders has been tenuously postponed until September 3 amid coronavirus disruptions. The upcoming trial of two men accused of running the fraudulent Centra Tech initial coin offering (ICO), which raised $60 million after soliciting celebrity endorsements in 2018, has been postponed until September 2020. On March 26, a […]
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South Korea’s KB Kookmin Bank applies to trademark KBDAC (KB Digital Asset Custody) in over twenty crypto-related business areas. Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future. According to a report from local news outlet Digital Today on March 27, the bank filed a […]
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Top crypto traders have started to lean toward a resumption of a bearish trend for Bitcoin price. With the firm recovery of the Dow Jones Industrial Average and Bitcoin defending the $6,400 support level with strength, crypto traders anticipated the Bitcoin price to rebound to at least the mid-$7,500 area in the short term. In […]
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Iconic entertainment firm Atari is partnering with The Sandbox on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. In an announcement on March 27, blockchain startup […]
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
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A CoinTracker report has found San Francisco to be America’s top crypto city — housing both the highest density of crypto investors and the highest concentration of crypto capital in the U.S. Crypto taxation tool CoinTracker has released a report comparing the prevalence of cryptocurrency ownership across major cities in the United States. The report […]
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Tron partnered with cryptocurrency service provider Metal Pay to enable instant purchase of TRX in the United States. Tron (TRX) partnered with cryptocurrency service provider, Metal Pay, to enable instant purchase of TRX in the United States. According to an announcement shared with Cointelegraph on March 25, TRX will now be available for purchase with […]
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