Category Archives: News

Bears Lose Hold On Market As Bitcoin Breaks $44,000, Crypto Market Tops Up $200 Billion

Picture of a bull with green arrows behind it fending off a bear with red arrows behind it

Bitcoin has once again recovered from what looked to be the beginnings of another bear market. The crashes had left the price of the digital asset struggling in the market, putting the bears ahead. With the recent rebound above $44,000, the bulls have obviously wasted no time in taking back control of the market. Wednesday’s […]

Staking on Ethereum 2.0, explained

Staking on Ethereum 2.0, explained

While Ethereum 2.0 staking allows validators to be compensated for securing the network, ‘Ethereum 2.0 Staking Earn’ is its own product, providing users rewards from several DeFi products. On Ethereum 2.0, the PoS-powered blockchain will bundle 32 blocks of transactions during each validation round. Each block bundle is known as an epoch, which are finalized […]

Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals – Bitcoin News

Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals

Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker Suex Processed $370 Million of […]

Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K

Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K

The total amount of Ether (ETH) held by all the crypto exchanges fell to its lowest levels, just as its prices rose back above $3,000 per token on Sept. 23. Data collected by CryptoQuant, a blockchain analytics platform, showed that exchanges’ net Ethereum token reserves dropped to 18.533 million ETH, compared to 23.92 million ETH […]

PhoenixDAO: Exploring the Future of DeFi

PhoenixDAO: Exploring the Future of DeFi
[Featured Content] Digital identity and authentication have only become more important as the crypto world grows. The rise of DeFi and decentralized applications has caused more of a push to figure out how privacy and security can be maintained without having to rely on centralized entities. PhoenixDAO is one project aiming to build further on […]

Crypto Trading Now Official in Dubai Following Regulators’ Agreement

$300 Billion Evaporated From the Crypto Market Cap as BTC Slumps to a 7-Week Low (Market Watch)

Dubai World Trade Center Authority (DWTCA) announced recently that it has partnered with the UAE’s Securities and Commodities Authority (SCA) to make cryptocurrency trading, issuance, and regulation completely legal within its jurisdiction – the DWTCA freezone. DWTCA Makes Crypto Activities Legal Notably, the agreement was signed by the acting CEO of the SCA Dr. Maryam […]

Bitfinex launches the first L2 bridge from CeFi to DeFi

Bitfinex launches the first L2 bridge from CeFi to DeFi

Crypto exchange Bitfinex has today announced a market-debut service to bridge its centralized platform with the layer-2 decentralized trading platform and subsidiary DeversiFi.  The bridge will provide users access to the permissionless and privacy-centric experiences of DeFi, in combination with the highly-liquid, accessible features of CeFi. A release from the company noted that transactions will […]

BitFuFu Attended the 2021 Digital Mining Conference

BitFuFu Attended the 2021 Digital Mining Conference
[PRESS RELEASE – Please Read Disclaimer] On Sept 9, 2021, BitFuFu attended the 2021 Digital Mining Conference held in Miami, the US, Also, BitFuFu showed the results of its global business layout to the audience and the promotion of green energy applications in the encrypted mining industry. The conference was held by mining giant Bitmain. […]

Former Monero Developer Spagni Released From US Prison, Pledges to Address Fraud Allegations – Regulation Bitcoin News

Former Monero Developer Spagni Released From US Prison, Pledges to Address Fraud Allegations – Regulation Bitcoin News

Former Monero developer Riccardo Spagni has been released from a U.S. prison where he reportedly spent “sixty-one days in solitary confinement.” The developer’s release was prompted by the failure of South African authorities “to make a timely submission in support of an extradition request.” South African Government Fails to Submit Extradition Documents As previously reported […]

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