The digital asset industry has somewhat of a reputation for being a haven for scammers and criminals, where clearly illegal behavior is not punished, or punished differently than it otherwise would be in any other context. While this reputation might be well-earned, it is being steadily eroded by increasing commitment from law enforcement and regulators to hold bad actors to […]

Charles Hoskinson, CEO of the IOHK company behind Cardano, denies the possibility of the US government banning bitcoin. During the Ask me Anything session he was quite optimistic about the US not banning bitcoin and subsequently Cardano. This ship sailed. Bitcoin is not banned.  Ray Dalio, the founder of Bridgewater Associates, previously claimed that there is a strong probability of […]

The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional services network PwC. The total volume of mergers and acquisitions in the crypto industry more than doubled from $481 million in 2019 to $1.1 billion in2020, PwC said in a Monday market overview, as seen by Bloomberg. […]

Stellar lumen price is showing positive signs above $0.3800 against the US Dollar, similar to bitcoin. XLM price could start a steady increase once it clears the $0.4120 resistance. Stellar Lumen Price Analysis (XLM to USD) After trading as low as $0.3411, stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.3500 resistance […]

The Australian Securities and Investments Commission (ASIC) has enforced restrictions on the retail CFDs trading from Monday that limit the offered leverages by the brokers from as high as 500:1 to a maximum of 30:1. Additionally, the Aussie regulator imposed restrictions to protect the traders by mandating negative balance protections and marketing tactics of offering trading rebates and gifts to […]

New York Governor Andrew Cuomo announced the launch of the city’s blockchain-powered “Excelsior Pass” vaccination passport on March 26. The passport is issued through a free and voluntary platform that verifies Covid-19 vaccinations or negative test results via a QR code for smartphone scanning or printing. The Excelsior Pass is intended to assist the process of reopening businesses and public […]

The Polkadot ecosystem continues to progress, with DeFi platform Acala Network becoming the first to win a parachain slot on the Rococo testnet. Acala, the self-described decentralized finance hub for Polkadot, announced it had secured the slot on March 26. Acala was launched in January 2020, with the DeFi consortium striving to create a cross-chain open finance infrastructure for the […]

Bitcoin price started a steady increase and tested the $56,500 zone against the US Dollar. BTC is now correcting gains, with many supports near $54,000. Bitcoin traded as high as $56,694 before starting a downside correction. The price is still above the $54,000 support and the 100 hourly simple moving average. There was a break below a key bullish trend […]

After a 20.3% rise in the last 24 hours, 314.7% in a month, and 4336.6% in a year, it is undeniable that Decentraland (MANA) is in a bull-run with a high probability of prolonging. An extension of the NFT craze, this platform applies a similar approach, but to digital real estate. Based on the Ethereum blockchain, Decentraland allows users to […]