Cryptocurrency Analysis and News Portal
Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if the crypto executive could recall his previous Twitter statements regarding his support of blockchain
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This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms. Eight animations from the technicolor exhibition are available to mint as NFTs on
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The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S. crypto industry body.In a Feb. 22 Bloomberg interview, Blockchain Association CEO Kristin Smith said the industry needs
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The United States Securities and Exchange Commission is ramping up pressure on the crypto sector. On Feb. 9, the SEC reached a $30 million settlement with Kraken over the centralized staking program it offered to its users.The news of the crackdown sent the price of Bitcoin (BTC) to a three-week
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Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said. Source
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Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020,
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BTC’s price slowed down after showing so much strength as it rallied to a high of $21,000 but got rejected as the
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Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.On Oct. 19, Kraken sent out email statements to its Russian clients to announce that the exchange is halting services to its Russian customers.“Due to the new European
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Despite Bitcoin’s (BTC) promise of a peer-to-peer world, building a Bitcoin-first business in 2022 still requires third-party intermediaries. Whether it’s startup capital, using fiat money or simply exploiting fiat payment rails, Bitcoin business means interaction with the legacy financial system. A necessity for the vast majority of Bitcoin-based businesses, it means
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According to the World Bank study referenced above, nearly half of the world’s unbanked population resides in only seven countries – Bangladesh, China, India, Indonesia, Mexico, Nigeria and Pakistan. Not one of these countries scores above a 45 on the CPI. All but two of them are in the bottom
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