The Financial Crimes Enforcement Network (FinCEN)’s new proposed regulation has been the talk of the town since its first announcement last December. It didn’t take long for FinCEN to receive clamors of disapproval from crypto companies and pundits. And to date, over 6,500 comments have been filed concerning the rule. Over 65,000 Comments Regarding the Regulation According to this new […]

A former Barclays analyst has been handed the job of leading the world’s biggest crypto-fund manager after being named as Grayscale Investments’ new chief executive. Michael Sonnenshein, who has spent the last seven year in various roles at Grayscale, has assumed the post as CEO and founder Barry Silbert steps down. Grayscale Investments, a unit of Barry Silbert’s Digital Currency […]

Famous for its volatility, Bitcoin’s price constantly waffles both north and south. While it recovered quickly from its pandemic-induced drop in March 2020, going on to break record highs, that doesn’t mean the asset is bulletproof against a similar event in the future. The director of business development for smart chain platform Komodo, Jason Brown, recently weighed in on what […]

Ripple tried to settle with the SEC before the watchdog’s XRP-related lawsuit. The “bitcoin rich list” has more names than ever. Grayscale reports an uptick in interest from pension funds and Coinbase makes an acquisition to beef up its institutional bitcoin offerings. It has been a huge news day, so buckle up. Top shelf Frontrunning actionRipple tried to settle charges […]

As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign that the mainstream has flipped the script on Bitcoin (BTC) and digital assets.  When asked why gold isn’t rallying amid the political chaos on Capitol Hill this week, Cramer said […]

Quick take 1 minute read Coinbase has just recently acquired the Routefire exchange for enhanced trade execution.  Routefire started in early 2018 with a simple goal to enhance trading infrastructure across the crypto industry.  Coinbase, one of the biggest crypto platforms in the industry has just recently acquired the Routefire exchange for enhanced trade execution.  As a little bit of […]

Even though we are only a week in, 2021 has started off with a bang for the crypto world. Amid political chaos in the United States, crypto prices have risen significantly so far this year. Bitcoin started 2021 around $29,000; at press time, the price of BTC was up to $39,700 and appeared to be on the way to $40,000. […]

Cryptocurrency exchange and digital asset technology group BTSE has launched an Ethereum-based version of Monero. Wrapped Monero (WXMR) is an ERC20 token of the popular privacy coin and can be traded and utilized on the Ethereum network. The introduction of WXMR makes Monero available within the defi sector for the first time, unlocking a host of exciting possibilities. Monero users […]

It’s been almost 10 years since DeFi has stepped on the stable ground of finance to change the trajectory of its progression once and for all. Since its beginning, many projects spectacularly evolved being destined for a brilliant future, even threatening to cannibalize what we know now as centralized exchanges. That all hints to an intensifying race for excellence that […]