Why Crypto Rally took a Sudden Pause?

Crypto’s total market capitalization surpassed $1 trillion as of February 02. But all of a sudden Bitcoin, Ethereum, and other major cryptocurrencies paused along with stock markets. Both crypto investors and stock market investors are disappointed with the unfavorable results of the…

Twitter to Launch Payment Processing Service, Crypto Integration May Follow

Twitter is set to launch its own payment processing service, which will allow users to send and receive payments directly through the platform according to the Financial Times. Although a timeline for the launch has not been disclosed, the move…

Is USDC the Most Promising Regulatory-compliant Stablecoin?

The cryptocurrency space has its share of bad actors. This is one of the reasons a lot of investors are having second thoughts about dipping their toes in digital assets. Circle’s USDC stablecoin is being marketed as one of the…

Abu Dhabi Plans $1 billion for Blockchain and Web3 Startups

Abu Dhabi’s Venom Foundation and Iceberg Capital plan to invest $1 billion in Web3 and blockchain technology firms through a new partnership. The Venom Ventures Fund plans to invest in various decentralized applications (DApps) and protocols that focus on areas…

Reserve Bank of India(RBI) Governor Mr.Das says Crypto must be banned and compares it to gambling

RBI (Central Bank) has been playing the ban game for a while and ruling against its citizens to have control over the Indian currency. They have gone to the extent of not allowing fiat to crypto transfer and even taxing…

Mr. Wonderful Says Binance and FTX Were at War

Kevin O’Leary, a popular Canadian businessman, said that Binance is at fault for the collapse of FTX. This was part of Kevin’s statement when he appeared to testify at a Dec 14 US Senate Committee hearing about FTX’s implosion. Below…

Cardano Advances Blockchain Technology with Two New Innovations

Charles Hoskinson’s Cardano, a blockchain platform known for its emphasis on security, scalability, and sustainability, is introducing two new innovations that are expected to advance the platform’s capabilities. Cardano’s New Price Index The first innovation is CIP-1694, a mechanism for…

India’s Finance Minister Questions the Blockchain’s Suitability For Use In Tradeable Assets

Nirmala Sitharaman, India’s finance minister, is uncertain about the application of blockchain technology for tradable assets. The nation is advancing its digital rupee CBDC while also exploring international regulatory collaboration. Sitharaman expressed this sentiment while on a visit in the…

UK Electronic Bill Hints Use of Blockchain

On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the  Electronic Trade Document Bill has the following goals: The Bill will…

October Already the Biggest Month In Crypto Hacks According to Chainalysis

According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches.  $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…