The Bitcoin price has risen more than 13% in the past hour since they fell to their lowest level since July. The market value of the world’s most expensive digital currency rose to $37.500 today, coinDesk figures shows. The price appreciated after falling to $32,983.59 in the morning, CoinDesk data shows. DigitalContinue Reading
Boba Network is an optimist-based L2 (layer 2) solution for Ethereum. The launch of an incentive program using Wagmi options has been announced by . According to the Boba team these options will offer a new solution than what other chains have attempted before. The Wagmi options will be determined by networkContinue Reading
Since its inception, the Society for Worldwide Interbank Financial Telecommunication has been closely studying blockchain technology and cryptocurrency. SWIFT, for instance, published a report on September 2020 that highlighted the fact that criminals prefer cash to money laundering, rather than using crypto for illicit transactions. SWIFT, despite being a year late, revealed in aContinue Reading
Arthur Hayes , a former CEO of Bitmex and cryptocurrency investor, has published his opinion about what cryptocurrency investors should do given the current market. Hayes’ latest digest, entitled “Circo Loco” (Crazy Circus), examines the market situation from the perspective of the wider economic context, including the Federal Reserve tapering, and the recent Evergrande defaultContinue Reading
MicroStrategy, a US-based business intelligence company, added another BTC 7,002 valued at approximately $414 million (roughly Rs. It now has 3,114 crore, with an average value $59.178 (roughly Rs. 45 lakh). This latest purchase brings the total BTC accumulation of the company to 1,21,044 bitcoins. The firm announced its first purchase in AugustContinue Reading
Vikram Pandit, an Indian-American banker, spoke about the future of cryptocurrency and central bank digital currencies at the Singapore Fintech Festival last week. Pandit was appointed CEO of Citigroup in December 2007. He also led the bank’s operations during the financial crisis. He joined Morgan Stanley in 1983 as a clerkContinue Reading
Moneygram, a Dallas-based payments and money transfer company, has announced its partnership with the Stellar Development Foundation. This foundation is the development and growth arm of the Stellar blockchain. It will make full use of its capabilities to settle payments and facilitate remittances. To move funds more efficiently and effectively, the company willContinue Reading
Elon Musk stated that the government should not try to regulate cryptocurrency and Bitcoin during an interview at the Code Conference in Beverly Hills. Elon Musk made the argument that global governments should avoid trying to regulate Bitcoin and other cryptocurrency in an interview with Kara Swisher, Tuesday, at the annual inviteContinue Reading
South Korea’s financial regulators have published a list 28 cryptocurrency exchanges that partially meet the requirements to remain open beyond Sept. 24, under the country’s new crypto regulations. The amended Act on Reporting and Using Specified Financial Transaction Information (Act on Reporting and Using Specified Financial Transaction Information) requires thatContinue Reading
The collapse of Bitcoin following El Salvador’s rocky rollout of the largest cryptocurrency legal tender has brought to light several technical points that could indicate greater losses. As of 9:15 in London, the virtual coin was trading for $44,900. It had fallen as high as 17% one day before paringContinue Reading