Cryptocurrency Analysis and News Portal
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least $13 million in bitcoin and cash, often for drug traffickers,” the U.S. Department of Justice said. He agreed to forfeit various assets, including seized cryptocurrency. Bitcoin Exchange Operator Sentenced to
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Foundry Digital, which is among the world’s top five bitcoin mining pools, launched a new business called “Foundry Staking” to provide services to institutions related to various proof-of-stake (PoS) blockchain networks.“We have made significant investments in engineering talent and PoS infrastructure to replicate our mining success in the fast-growing staking
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sponsored Trava is the next generation of Lending Protocols, employing an innovative model of multiple lending pools created by users. This groundbreaking cross-chain lending development is something you have to check out if you ever wanted to create and manage your own lending pool, starting an online lending business and
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Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi. In an exclusive interview with Cointelegraph, AscendEX’s head
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It could be argued that nonfungible tokens, or NFTs, have been a concept since 2012. For instance, the inception of “Colored Coins” in 2012 may have laid the groundwork for NFTs today, as this project demonstrated how the Bitcoin (BTC) blockchain could be used as a transaction mechanism for real-world
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In the latest sign of the American business establishment’s warming embrace of cryptocurrency, the University of Pennsylvania’s prestigious Wharton business school will accept crypto for tuition payment for an online program. Fast facts The school is set to accept crypto payments via Coinbase, according to the report. While a handful of universities, such
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CoinList, a token sale platform popular among cash-hungry crypto projects and early investors alike, has raised $100 million in its first equity round in nearly two years.The company is now valued at $1.5 billion, CEO Graham Jenkin told CryptoX. He said Accomplice VC and Agman Partners led the round.The capital
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A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting some of
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Nevertheless, using such a “bridge entity” is inefficient, cumbersome and sacrifices many of the key benefits that make DAOs special. Instead, DAOs should, like other types of business associations, be free to enter into a contract directly, either through delegated authority or by passing a formal proposal. To the extent
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In the past few years the cryptocurrency market skyrocketed. Eventually, the already leading cryptocurrency reached new heights when it surpassed its all time high of $ 63k+ in April 2021. As a result, the overall crypto market got a huge hype & boosted several cryptocurrencies like Ethereum, Binance Coin, Litecoin
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