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Solana hits record high with SOL price up over 218% in six weeks — What’s behind the rally?

Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana's potential foray into Wall Street.On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In

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The new episode of crypto regulation: The Empire Strikes Back

The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi

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Bitstamp and Ledger execs weigh customer service debate after Coinbase saga

Popular cryptocurrency exchange Coinbase recently amassed a panoply of customer service complaints regarding account locking, hacking and even lost funds.A recent tweet by crypto analyst Kaleo garnered hundreds of comments from users all sharing stories of their unfavorable experiences with the exchange. This isn’t the first time the firm has

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Tushar Aggarwal on double dipping in DeFi – Cointelegraph Magazine

Proof-of-stake protocols were designed to encourage users to lock up their coins, but synthetic assets are circumventing that design to allow double-dipping in DeFi. One of Forbes’ 30 Under 30 in Asia, Tushar Aggarwal wears many hats: He started the crypto podcast Decrypt Asia, works as a venture scout with LuneX

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Nomura offers customers token subscription service for a luxury Italian restaurant

Japan’s largest financial brokerage, Nomura Holdings Inc., has launched a subscription service offering customers the opportunity to purchase and trade food dishes at a high-end Italian food delivery service.The blockchain-based security tokens represent four luxury food parcels from Japanese chef Masayuki Okuda. Owner of two established restaurants in the capital,

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China to ‘maintain a high-pressure situation’ on crypto, official says

China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin (BTC) and other digital currencies “are not legal tender and have no actual value.”In a local media briefing, Yin Youping, the deputy director of the Financial Consumer Rights Protection Bureau of the People’s Bank

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Cardano chart painting a bull flag for $3 ADA price ahead of ERC-20 converter launch

Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag.In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time

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Proof of humanity governance will make DeFi fairer, says Harjyot Singh

HUMAN Protocol is a blockchain infrastructure designed to decentralize human labor by supporting the growth of digital job marketplaces.After recently launching on the Ethereum mainnet, the protocol has now gained the capacity to fully automate the lifecycle of data labeling jobs, enabling the collaboration of humans and machines to create

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Charles Hoskinson responds to criticism over Cardano’s Confirm partnership

Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such

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Turkish prosecutors investigate alleged $119M Dogecoin mining scam

Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that  pulled the rug on investors after amassing $119 million worth of deposits.An Aug. 23rd report from local channel TV100 broke the news, with police identifying pseudonymous online avatar “Turgut V.” as the scheme’s suspected operator.Authorities believe

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