Cryptocurrency Analysis and News Portal
The United States Securities and Exchange Commission’s (SEC) first enforcement action on a nonfungible token (NFT) project triggered responses from community members, pointing out how the decision could be "problematic," and how many NFT projects fit the description and may be next on the SEC’s hit list. On Aug. 28, the
Read More
The IMF explained that CBDCs design is complicated by Islamic law prohibiting usury and speculation. The International Monetary Fund (IMF) has examined the central bank digital currencies (CBDCs) design and found some risks in the context of Islamic banking. Following the IMF study, results showed that the liquidity of CBDCs and
Read More
In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Office) blames crypto kiosks for increasing drug trafficking and human trafficking. Their reason, however, was that cryptocurrency ATMs aren’t as restricted as
Read More
Bitcoin Core developer Greg Maxwell has criticized the “attractive mystery” that fear of a 51% attack on Bitcoin (BTC) entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.In a Reddit post published on Oct. 5, Maxwell argued that any mechanism cooked up to mitigate the
Read More