Cryptocurrency Analysis and News Portal
ETH, the second largest crypto in market value, was recently changing hands at $1,853, a 3.1% drop from Wednesday, same time. Most other major cryptos plunged deeply into the red before regaining some ground. Litecoin and popular memecoin SHIB were still off more than 6% and 3%, respectively. SOL, the
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In Binance’s peer-to-peer (P2P) platform, ML technology is employed to identify suspicious language in communications. By utilizing ML in P2P chat, feedback, and advertisements, potential payment scams, customer service impersonation, and malicious messaging can be detected. This technology has proven effective in preventing thousands of scams. For the know-your-customer (KYC) process,
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A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11.This time, the move wasn’t driven by Bitcoin (BTC), as the
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On June 8, decentralized blockchain infrastructure provider Ankr announced the launch of its enterprise blockchain creator tool on Microsoft’s Azure Marketplace. Dubbed “AppChains,” the solution will enable companies to quickly launch a dedicated and customizable blockchain to power various Web3 strategies. Developers can deploy the Polygon Supernet on its first
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ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology. Source
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Coinbase has filed a reply in support of its petition for a writ of mandamus to the United States Securities and Exchange Commission (SEC) in its latest move seeking rulemaking from the SEC on digital assets. Coinbase chief legal officer Paul Grewal called the mandamus “the tailor-made remedy for the
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While answering queries about the firm's new wallet recovery service, Ledger Support sent a couple of bizarre tweets which would have done little to assuage its users' concerns, suggesting that it could make its customers' assets vulnerable in any way it wanted to, but has (thus far) not done so. Source
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Australia has successfully made its first foreign exchange transaction using eAUD as part of a live pilot for the country’s potential central bank digital currency (CBDC). It comes amid a rising interest from countries around the world to learn about or launch central bank-issued digital currencies. In a statement, blockchain
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The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance
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The FCA said it has inspected sites in Exeter, Nottingham and Sheffield alongside the regional police. The devices for turning fiat currency into crypto are seen as a money laundering threat, and none are logged with the FCA as is required by law, the regulator said in a statement on
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