The blockchain industry is feeling the impact of China’s latest round of restrictions on Bitcoin and blockchain digital asset use. While the most noticeable effect so far was a drop in asset prices, it could take a while for further effects to ripple across the industry. The latest “Chinese Bitcoin ban” consisted of a statement from the People’s Bank of […]

Litecoin price is recovering losses from $140 against the US Dollar, similar to bitcoin. LTC price could continue higher if it clears $155 and $160. Litecoin Price Analysis This week, there was a major decline in bitcoin, ethereum, ripple, and litecoin against the US Dollar. LTC broke many supports near $160 to enter a bearish zone. There was also a […]

Kraken Security Labs has said that a “large number” of Bitcoin ATMs are vulnerable to hacking as the administrators never changed the default admin QR code. In a Sept. 29 blog post, Kraken posted research from its Security Labs team which found that there are “multiple hardware and software vulnerabilities” in the General Bytes BATMTwo ATM range. “Multiple attack vectors […]

Despite Beijing’s ever-increasing crackdown on the crypto industry, there are still some signs of life in the People’s Republic regarding the Bitcoin network and OTC trading. China intensified its clampdown on crypto last week in an effort to suppress any remaining activity related to digital assets within its borders. The regime specifically targeted crypto transactions, but as researched by Cointelegraph, […]

Ripple has unveiled a $250 million Creator Fund aimed at enabling creators to explore new use cases for NFTs on the XRP Ledger (XRPL). According to a Wednesday announcement which is part of APEX 2021, XRP Ledger’s Developer Summit, Ripple said that this fund would also enable creators to engage more deeply with the communities they care about by supporting […]

On Tuesday (September 28), Lykke Corp, which is a Switzerland-based FinTech startup that owns and operates the Lykke Wallet cryptocurrency exchange, announced the listing of Cardano’s $ADA token. According to Lykke’s press release, Lykke Wallet is “a commission-free cryptocurrency exchange integrated with a cryptocurrency wallet” that “makes it possible to buy and sell cryptocurrency, such as ADA, with no trading […]

Nonfungible token (NFT) marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter-notice.  In a Tuesday announcement on Twitter, the PolygonPunks project said its NFT collectibles were back on OpenSea after responding to a DMCA takedown notice from Larva Labs, the creator of CryptoPunks. The punks were booted from OpenSea in […]

U.S. digital currency exchange Kraken has settled with the U.S. Commodity Futures Trading Commission (CFTC) in connection with its charges of offering unqualified investors with illegal margined digital currency products. The exchange paid $1.25 million to the watchdog and will cease offering the products. From June 2020 to July 2021, Kraken offered margined retail commodity transactions in digital assets to […]

Phaeton, a blockchain-cantered service company that offers sustainable investment options, launched its IEO on September 18. Within 24-hours of the IEO, the project raised $1.5 million US dollars indicating a considerable demand in such a new blockchain technology service firm.  Phase 1 of Phaeton’s IEO is currently live on two Crypto Exchanges, namely P2PB2B and LAToken. Here, users can buy […]