Cryptocurrency Analysis and News Portal
There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.The report reaches the conclusion that a combo of developing nations copying El Salvador’s orange-pilled example and a “friendlier stance” towards the
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Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions.Is it just a case of expected teething troubles under an influx of excited users or is there more to it?SundaeSwap is a decentralized exchange (DEX) and token
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The CEO of the Financial Industry Regulatory Authority (FINRA) said the self-regulatory body will look at potential changes to crypto regulations this year as crypto adoption grows, Barron’s reported, citing a virtual conversation with Securities Industry and Financial Markets Association (SIFMA) CEO Kenneth Bentsen Jr. on Wednesday.CEO Robert Cook said
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"I've asked staff to look at every way to get these platforms inside the investor protection remit," he said.Jan 20, 2022 at 12:52 p.m. UTCUpdated Jan 20, 2022 at 1:12 p.m. UTCGary Gensler, Chair of the U.S. Securities and Exchange Commission. (Evelyn Hockstein-Pool/Getty Images) Source
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Andreessen Horowitz (a16z), a venture capital firm that has invested extensively in the crypto industry, is looking to raise $4.5 billion for new funds, the Financial Times reported.The firm told investors it is looking for $3.5 billion for a crypto venture fund, the FT said, citing people briefed on the
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The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in
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Goldberg’s hire is part of a broader strategy for the company to incorporate a wider range of financial services, including cryptocurrencies, Google’s president of commerce Bill Ready told Bloomberg. Google has historically avoided offering crypto as part of its financial services. Original Source
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Proof-of-work crypto mining should be banned in the European Union (EU), according to the vice chair of the European Securities and Markets Authority (ESMA).Erik Thedéen said that EU regulators should nudge the crypto industry towards the less energy-intensive proof-of-stake mining in an interview with the Financial Times."The solution is to
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Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from security and blockchain auditing firms Certik and Peckshield
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London-based venture capital (VC) firm Blossom Capital has raised $432 million to invest in early-stage technology startups in Europe, including crypto, according to a Bloomberg report published on Tuesday.The VC has earmarked one-third of the funding for crypto investment, according to the report.“We aren’t looking to just invest in crypto
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