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Last summer, Polkadot made its own little bit of history after confirming the first five projects to occupy parachain slots on its canary network Kusama. Disparate blockchains that bolt onto Polkadot’s main Relay Chain for security, yet are otherwise independent, parachains represent a new way of doing business in blockchain,
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Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin's sell-off Terra's UST collapse and multiple stablecoins losing their dollar peg begins to decrease and risk loving traders look to scoop up assets trading at yearly lows.Daily cryptocurrency market performance. Source: Coin360Despite the significant correction
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Bitcoin price bounced to the tune of 5% following yesterday’s Federal Reserve meeting. However, the move has almost fully retraced. What’s interesting about the situation, is that traders at one particular platform could have seen this coming a lot more clearly, while others might have suffered a fake out. Here is
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Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4's Federal Reserve comments.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTudor Jones says "no thanks" to stocks, bondsData from Cryptox Markets Pro and TradingView showed BTC/USD hovering just above $38,000 at May 3's Wall Street open.The pair had stayed practically
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Yuga Labs’ long awaited “Otherside” NFT sale has spawned a secondary market for specially registered Ethereum addresses. Caveat emptor. Original Source
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“The EBA considers it premature to introduce new macroeconomic tools to address the systemic aspects of these risks at this stage,” the EBA said. “The EBA emphasizes the need for monitoring of the crypto-asset sector, in particular identifying old and new mechanisms, vulnerabilities and risks that can make crypto assets
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“This results in a large price movement for the LUNA asset, as there is not only significant buying but also significant supply reduction," said Dustin Teander, analyst at blockchain data platform Messari. "Both forces push the LUNA price higher, leading us to where we are now.” Original Source
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The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power their operations.The bill sponsored by Anna Kelles would not only impose a
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An IMF study that suggests crypto is facilitating corruption is off target. Source
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The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating the Financing of Terrorism (CFT) and Anti-Money Laundering (AML).In a report released Tuesday on the "State of Effectiveness and Compliance with the
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