An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.
El Salvador created history earlier this month as Bitcoin became a legal tender in the country. Many crypto proponents called it historic and believe it would create a domino effect on other small financially challenged nations to adopt Bitcoin. However, Jurrien Timmer, a Fidelity Investment analyst believes the significance of El Salvador’s adoption is overplayed.
El Salvador created history earlier this month as Bitcoin became a legal tender in the country. Many crypto proponents called it historic and believe it would create a domino effect on other small financially challenged nations to adopt Bitcoin. However, Jurrien Timmer, a Fidelity Investment analyst believes the significance of El Salvador’s adoption is overplayed.
A recent Chainalysis report shows that Central, Western and Northern Europe (CWNE) together received $1 trillion in crypto transactions over the past year. A whopping 25% of total crypto transactions last year saw their destination in Europe making it the world’s biggest crypto economy. The Chainalysis report noted that CWNE’s crypto transactions volume grew significantly
A recent Chainalysis report shows that Central, Western and Northern Europe (CWNE) together received $1 trillion in crypto transactions over the past year. A whopping 25% of total crypto transactions last year saw their destination in Europe making it the world’s biggest crypto economy. The Chainalysis report noted that CWNE’s crypto transactions volume grew significantly
Virgil Griffith, a former Ethereum developer who was also famous as “Chinese Vitalik” has pled guilty for violating sanctions against North Korea. The former developer has pled guilty on one charge of conspiracy to violate the International Emergency Economic Powers Act. Sentencing in the case would be done in January 2022 and Griffith could be
Virgil Griffith, a former Ethereum developer who was also famous as “Chinese Vitalik” has pled guilty for violating sanctions against North Korea. The former developer has pled guilty on one charge of conspiracy to violate the International Emergency Economic Powers Act. Sentencing in the case would be done in January 2022 and Griffith could be
The latest Chinese crypto ban has already led to several foreign crypto exchanges including Huobi and Binance to terminate their services for mainland China customers and now it seems mining pools are next. The biggest Ethereum (ETH) mining pool in the world is called SparkPool and it announced the suspension of services yesterday. pic.twitter.com/hLPamoSwk1 —
The latest Chinese crypto ban has already led to several foreign crypto exchanges including Huobi and Binance to terminate their services for mainland China customers and now it seems mining pools are next. The biggest Ethereum (ETH) mining pool in the world is called SparkPool and it announced the suspension of services yesterday. pic.twitter.com/hLPamoSwk1 —
Anthony Scaramucci the manager of one of the leading hedge funds Skybridge Capital in a recent interview with Bloomberg claimed that a majority of institutional investors are still cautious of investing in the crypto market and blockchain technology. Scaramucci’s comments are quite in contrast to the general belief that institutions have arrived in the crypto
Anthony Scaramucci the manager of one of the leading hedge funds Skybridge Capital in a recent interview with Bloomberg claimed that a majority of institutional investors are still cautious of investing in the crypto market and blockchain technology. Scaramucci’s comments are quite in contrast to the general belief that institutions have arrived in the crypto
Binance.com, the global cryptocurrency exchange platfrom announced the suspension of spot trading, fiat purchase channels, liquid swap, and fiat deposit functions. The suspension would come into effect from 26th October. The exchange also requested Singapore users to withdraw their tokens and cease their trades by the effective date. The exchange in its official press release
Binance.com, the global cryptocurrency exchange platfrom announced the suspension of spot trading, fiat purchase channels, liquid swap, and fiat deposit functions. The suspension would come into effect from 26th October. The exchange also requested Singapore users to withdraw their tokens and cease their trades by the effective date. The exchange in its official press release
Uniswap ($UNI), the largest decentralized exchanged (Dex) saw its native token price surge over 35% in the last 24-hours. $UNI rose from a daily low of $17.77 to a daily high of $25.98 as the trading volume for the token saw a 500% rise. Over the past couple of days, Defi tokens have skyrocketed making
Uniswap ($UNI), the largest decentralized exchanged (Dex) saw its native token price surge over 35% in the last 24-hours. $UNI rose from a daily low of $17.77 to a daily high of $25.98 as the trading volume for the token saw a 500% rise. Over the past couple of days, Defi tokens have skyrocketed making
Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming
Cardano ($ADA) blockchain is fast moving towards building its own decentralized ecosystem after the successful integration of smart contracts via Alonzo hardfork. During the ongoing Cardano Summit 2021, founder Charles Hoskinson announced COTI would be the official stablecoin issuer on the Cardano blockchain that would issue Djed stablecoins. At the #CardanoSummit2021 stage in Laramie, Wyoming
The final deadline for registration for crypto exchanges in South Korea came to an end on September 24. And out of 40 odds crypto exchanges left in the country, only four made the final cut. South Korea’s latest AML guidelines which came into effect in January require crypto exchanges to do away with shadow banking
The final deadline for registration for crypto exchanges in South Korea came to an end on September 24. And out of 40 odds crypto exchanges left in the country, only four made the final cut. South Korea’s latest AML guidelines which came into effect in January require crypto exchanges to do away with shadow banking
Huobi Global, the top cryptocurrency exchange for Chinese users became the first crypto platform to announce the termination of services in the country. The announcement comes in the wake of China’s latest call for a crypto crackdown. The popular crypto exchange has closed new registrations using mainland China mobile numbers. However, new registrations are still
Huobi Global, the top cryptocurrency exchange for Chinese users became the first crypto platform to announce the termination of services in the country. The announcement comes in the wake of China’s latest call for a crypto crackdown. The popular crypto exchange has closed new registrations using mainland China mobile numbers. However, new registrations are still
The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it
The Ripple vs SEC lawsuit is nearing an end and with settlement speculations still quite high, Ripple CEO Brad Garlinghouse cleared the only condition that would make them settle with the SEC. Garlinghouse appeared on the Fox network to talk about the need for clarity on Security laws from the SEC and also made it
People’s Bank of China (PBOC) issued fresh guidelines to eliminate all forms of crypto use in mainland China. The Chinese Central Bank deemed all crypto-related transactions illegal and ordered authorities to take strict action against existing crypto mining farms in the country. It also prohibited any foreign crypto exchanges from offering services in the country.
People’s Bank of China (PBOC) issued fresh guidelines to eliminate all forms of crypto use in mainland China. The Chinese Central Bank deemed all crypto-related transactions illegal and ordered authorities to take strict action against existing crypto mining farms in the country. It also prohibited any foreign crypto exchanges from offering services in the country.
People’s Bank of China (PBoC) issued a fresh set of detailed crypto crackdown guidelines today even when many were assured that we are past China crypto ban FUD. The new set of guidelines seems to be quite comprehensive and prohibits every aspect associated with cryptocurrencies. The Chinese central bank deemed crypto illegal and claimed it
People’s Bank of China (PBoC) issued a fresh set of detailed crypto crackdown guidelines today even when many were assured that we are past China crypto ban FUD. The new set of guidelines seems to be quite comprehensive and prohibits every aspect associated with cryptocurrencies. The Chinese central bank deemed crypto illegal and claimed it
The Bitcoin ($BTC) tipping feature went live on Twitter today for iOS users, making it the first global monetary network. The BTC tipping would be facilitated via a layer-2 solution lightning network. Twitter has partnered with Strike, a BTC wallet app based on the lightning network, to build the infrastructure and API for the integration,
The Bitcoin ($BTC) tipping feature went live on Twitter today for iOS users, making it the first global monetary network. The BTC tipping would be facilitated via a layer-2 solution lightning network. Twitter has partnered with Strike, a BTC wallet app based on the lightning network, to build the infrastructure and API for the integration,
Kazakhstan, the Central Asian nation that became a Bitcoin mining hub in the wake of the Chinese crypto crackdown and miner exodus might have to shut BTC mining operations temporarily in certain regions. The country is facing an electricity crunch in South Kazakhstan that intensifies in winter and the government might have to impose restrictions
Kazakhstan, the Central Asian nation that became a Bitcoin mining hub in the wake of the Chinese crypto crackdown and miner exodus might have to shut BTC mining operations temporarily in certain regions. The country is facing an electricity crunch in South Kazakhstan that intensifies in winter and the government might have to impose restrictions
eToro, the mobile trading service is looking to expand its crypto offering and now it is tapping into one of the most popular crypto use cases defi. The platform announced a new Defi portfolio with 11 digital assets including Ether, Uniswap, Chainlink, Aave, Compound, Yearn.Finance, Decentraland, Polygon, algorand, basic attention token, and maker. Dani Brinker,
eToro, the mobile trading service is looking to expand its crypto offering and now it is tapping into one of the most popular crypto use cases defi. The platform announced a new Defi portfolio with 11 digital assets including Ether, Uniswap, Chainlink, Aave, Compound, Yearn.Finance, Decentraland, Polygon, algorand, basic attention token, and maker. Dani Brinker,
Cardano ($ADA) regained its third spot back as the crypto market rebounded in green after three days of price decline. $ADA price jumped 13% from a daily low of $2.09 and currently trading at $2.20. The altcoin has seen a price slump in the latter half of September after posting a new ATH of $3.10
Cardano ($ADA) regained its third spot back as the crypto market rebounded in green after three days of price decline. $ADA price jumped 13% from a daily low of $2.09 and currently trading at $2.20. The altcoin has seen a price slump in the latter half of September after posting a new ATH of $3.10
China’s real estate giant Evergrande breathed a sigh of relief after the People’s Bank of China injected nearly $19 billion into the banking system yesterday, in a bid to bailout the debt-ridden real estate giant. Evergrande has over $300 billion in liabilities, making it the most indebted real-estate company and many believe its fall could
China’s real estate giant Evergrande breathed a sigh of relief after the People’s Bank of China injected nearly $19 billion into the banking system yesterday, in a bid to bailout the debt-ridden real estate giant. Evergrande has over $300 billion in liabilities, making it the most indebted real-estate company and many believe its fall could
Bitcoin.org, the oldest cryptocurrency website registered by the pseudo-anonymous creator of Bitcoin Satoshi Nakamoto was hacked earlier today. The hackers then ran a BTC giveaway scam promising to return double the amount of BTC that users send to the mentioned address. The scammers reportedly managed to collect $17,764 before the website was taken down. It
Bitcoin.org, the oldest cryptocurrency website registered by the pseudo-anonymous creator of Bitcoin Satoshi Nakamoto was hacked earlier today. The hackers then ran a BTC giveaway scam promising to return double the amount of BTC that users send to the mentioned address. The scammers reportedly managed to collect $17,764 before the website was taken down. It
The crypto market saw its valuation fall under $2 trillion again as Bitcoin ($BTC) and Ethereum ($ETH) lost key support momentarily. September has continued to be bearish for the crypto market, but Mike Novogratz, the CEO of one of the leading crypto asset manager groups Galaxy Digital said if BTC maintains its price above $40,000
The crypto market saw its valuation fall under $2 trillion again as Bitcoin ($BTC) and Ethereum ($ETH) lost key support momentarily. September has continued to be bearish for the crypto market, but Mike Novogratz, the CEO of one of the leading crypto asset manager groups Galaxy Digital said if BTC maintains its price above $40,000
