The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.”
Two Fraudulent Crypto Schemes
The SEC announced Read More
Bitcoin (BTC) was created in the aftermath of the 2008 financial crisis and planned to solve the problems created by loose monetary policies. The cryptocurrency’s creator, Satoshi Nakamoto, said in late 2008 that the cryptocurrency’s supply increases “by a planned amount” that “does not necessarily result in inflation.”The cryptocurrency’s inflation Read More
By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockchains are popular: The ability to put Read More
The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs like Uniswap V3, Uniswap V2, SushiSwap, and Balancer V1 average between $10,000 - $20,000. That’s nearly ten times larger than the average trade size of $2,000 - $4,000 seen on centralized Read More
Grayscale Investments, the largest cryptocurrency fund in the world, announced a Solana trust, adding the growing cryptocurrency to its list of product offerings. They have shown great interest in Solana’s performance and see a near and long-term potential in it because of its capability for experimentation.
In a public release, Grayscale Read More
Almost half of retail investors in Russia believe that cryptocurrencies like Bitcoin (BTC) are a hedging asset associated with stable income, according to a new survey.Financial publication Investing.com has polled 1,000 Russian retail investors to find out the most requested types of alternative investments.According to a survey of 1,000 Russian Read More
At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey.Major Japanese crypto exchange BitBank conducted an online survey diving into the NFT investment trends in the Japanese cryptocurrency market.Releasing the survey results on Thursday, BitBank said that Read More
New DIAx Reference Prices and Indices provide transparent and regulatory compliant performance measures for individual digital assets and baskets of digital assets, calculated by Morningstar Indexes, part of Morningstar, Inc.
DIA, the open-source data platform for decentralised finance, together with global benchmark provider Morningstar Indexes, part of Morningstar, Inc., today announced Read More
C3 Protocol, a cryptocurrency trading project linked to the Algorand blockchain, has raised $3.6 million led by Arrington Capital and Jump Capital.C3′s ambitious plan to allow decentralized finance (DeFi) liquidity to flow across blockchains was also backed by Golden Tree Asset Management, Cumberland, ParaFi Capital, Mechanism Capital, Borderless Capital, Node Read More
Through the development of its blockchain and virtual asset ecosystem, Huobi Tech is now a fully compliant one-stop virtual asset service platform in Asia, and a key partner for many institutional customers in the cryptocurrency industry. With its comprehensive suite of licenses, Huobi Tech has formed a virtual assets closed-loop Read More