The U.S. Securities and Exchange Commission (SEC) has signaled again that DeFi, or “decentralized finance” platforms aren’t immune from legal scrutiny. This week, it launched a civil investigation into Uniswap Labs, creators of the popular Uniswap DEX. Uniswap is one of the oldest DEXs, or “decentralized exchanges” and is currently the largest. Running on Ethereum, it launched in November 2018 […]

The global adoption of Bitcoin received a major push this week after Nayib Bukele, the President of El Salvador, revealed that the country is currently holding 400 Bitcoin. Recently, El Salvador became the first country in the world to officially recognize BTC as a legal tender. “El Salvador just bought 200 new coins. We now hold 400 Bitcoin,” Bukele mentioned […]

Russia’s largest bank Sber has announced plans to register its digital assets platform in September, in a move that is being seen as a significant step forward for digital assets in Russia and beyond. The bank announced its intention to register with the Bank of Russia later this month, which would pave the way for the launch of the digital assets trading platform in […]

El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin (BTC) ahead of the Sept. 7 rollout of a new law set to make the cryptocurrency legal tender.  “Our brokers will be buying a lot more as the deadline approaches,” Bukele said, referring to the Sept. 7 timetable for fully implementing the new BTC […]

A new report from digital currency data site Crypto Head suggests that crypto fraud and theft is at an all-time high in the year 2021. There are more data breaches and infiltrations of exchanges and trading platforms occurring this year than at any other point in the history of cryptocurrency. Crypto Head: Digital Currency Theft Has Reached a New Peak […]

According to a CryptoQuant analyst, the Bitcoin price top isn’t in yet if the pattern of past bull cycles holds any weight. Bitcoin Might Reach A New ATH In This Cycle As per a CryptoQuant post, it’s possible that Bitcoin hasn’t yet reached the cycle top, and that a new all time high (ATH) might be achieved soon. There are […]

Coinbase has sought the help of Polygon’s team in helping it improve its user experience by integrating Oxpolygon, Polygon’s proof of stake mechanism in its Coinbase wallet, and its extension as earlier announced. In an official statement on August 27th, Coinbase said that it had established the Coinbase Protocol Team, a devoted and skilled group of engineers at the company […]

Ripple price is gaining pace above the $1.30 support against the US Dollar, similar to bitcoin. XRP price must clear $1.365 to continue higher towards $1.42. Ripple Price Analysis Ripple price saw a steady increase from the $1.05 support zone against the US Dollar. The XRP/USD pair broke the key $1.20 resistance and the 55 simple moving average (4-hours) to […]

The year 2020 was initially marked as the birth and growth of the very popular Decentralized Finance or DeFi. But as the netizens thought the craze for the DeFi tokens is fading over time, the space spills out with deep colours to prove its dominance. Currently, DeFi space is on the verge to hit 2 milestones, a $150 billion market […]