Cryptocurrency Analysis and News Portal
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). Binance Turkey Fined Binance Turkey was fined 8 million
Read More
Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines,
Read More
Open-source blockchain platform Polkadot announced the launch of its first parachains (or parallelized chain) aimed at improving the interoperability between multiple blockchains. According to the announcement, the Polkadot team invested five years into the development of the parachains, which were allocated to teams via auctions, namely, Acala, Moonbeam, Parallel Finance, Astar,
Read More
The excellent collection of essays compiled for CryptoX’s Future of Money Week began with a perfect summation of where money is going by podcaster Laura Shin: “It’s going to get a lot weirder.”Having just spent a few days in the madhouse of the non-fungible token (NFT) scene at a series
Read More
A large part of the pools’ operations are located in China, which has vowed to eliminate crypto mining. While their hashrate does not come only from China, and they have said they plan to exit the country by year-end, the publication of material in Mandarin could be interpreted as courting
Read More
Bitcoin (BTC) bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: This isn’t the “real” bear marketData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing after its fourth wick below $59,000 in 24 hours.The $58,400 level had
Read More
“I see the Web3 ecosystem growing alongside streaming services, and eventually becoming more significant to the artists,” Deadmau5 told CryptoX in a statement. “This new [MODA DAO] world is creating new ways for artists to take ownership of their music, but it will take a while to scare the Spotify
Read More
In recent months, the Hong Kong Securities and Futures Commission (SFC) has received “a number” of requests from local companies that want to offer crypto-related exchange-traded funds (ETFs) to their private bank and professional clients, SFC’s Deputy Chief Executive Officer & Executive Director Julia Leung said. Original Source
Read More
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from
Read More
Long stuck in the shadows of Bitcoin (BTC), Ethereum (ETH) finally took hold of the market in 2020 during the decentralized finance summer. Designed to recreate traditional financial systems with fewer middlemen, DeFi is now being used across lending, borrowing, and the buying and selling of tokens. The majority of
Read More