Cryptocurrency

Crypto Exchange Binance Hires Ex-Europol Dark Web Specialist

Crypto Exchange Binance Hires Ex-Europol Dark Web Specialist

Binance is on a mission to make its exchange the most secure and fundamental of all the crypto exchanges out there. To do so, Binance is only taking up the most exceptional and professional investigators and analysts from all over the tech industry. Recently Binance acquired a very prominent name in the crypto analysts for their investigations and audit team, and this week the same has happened but with a twist. This time around, they have gone for an Ex-Europol dark web specialist to join their investigations and audit team. Nils Andersen Roed is the new recruit of Binance for…
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Cardano Clinches Third Spot Again As Price Surges 13%

Cardano Clinches Third Spot Again As Price Surges 13%

Cardano's $ADA has rebounded in green, jumping 13% to $2.20 after almost three days of straight decline. Before now, $ ADA was trading at $2.09, but the recent surge has seen it reclaim its third spot. The latter half of September hasn't been a fantastic period for the crypto after recording a new all-time high of $3.10 on September 2. Experts Expected the Alonzo Upgrade to Push the Price Up Cardano had a major Alonzo upgrade on September 12, and everyone, including investors, predicted it to push the price further up, just like how it happened to Solana. To everyone's…
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India Won’t Rule Out Cryptocurrency Says Nirmala Sitharaman

India Won’t Rule Out Cryptocurrency Says Nirmala Sitharaman

Nirmala Sitharaman, India's minister of finance, acknowledges the relevance of cryptocurrency, but she thinks the country has to consider its own peculiarity in relation to cryptocurrency. El Salvador, a Case Study on Cryptocurrency  She cited El Salvador as an example of the impact of a change in policy on cryptocurrency. El Salvador accepted bitcoin as a legal tender, and this led to protests against adoption of cryptocurrency in the country. She thinks this is proof that the public cares about government policy on cryptocurrency. She doesn't think it is a matter of literacy or understanding, it is rather a question…
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US Policymakers Target Stablecoins in Latest Risk Assessment Agenda

US Policymakers Target Stablecoins in Latest Risk Assessment Agenda

The officials from the Treasury Department of the United States of America have now targeted stablecoins, seeing it as the most pressing matter, which is in dire need of strict regulations. The government, as well as the current situation of the crypto asset space, demands a very pragmatic solution. This is why the policymakers of the U.S Treasury are under a lot of pressure and are making the regulation of stablecoins their first priority. Bloomberg has stated in a recent report that the U.S Treasury officials are in the process of creating a framework for their policies against stablecoins, and…
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Interest in Robinhood Prototype Digital Wallet App Surges

Interest in Robinhood Prototype Digital Wallet App Surges

In the coming weeks, Robinhood will release a long-awaited application that enables its increased customer base to trade and acquire digital currencies. According to Bloomberg, a preview of Robinhood's IOS app displayed the company's most recent enhancements to the firm's new digital commodity capabilities. It also revealed that there is a secret picture depicting a standing list for people anxious to get their paws on the software, as well as code relating to cryptocurrency transactions. Examining Cryptocurrency in Further Detail Customers of Robinhood may currently purchase and sell digital currencies on the site, but they must first change their cryptocurrency…
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China’s Digital Yuan Set to be Tested by Beijing Winter Olympics

China’s Digital Yuan Set to be Tested by Beijing Winter Olympics

Cryptocurrency is currently a serious topic for significant economies of the world as several countries are rapidly developing digital assets for their national currencies and creating a means for the integration of crypto into finance systems proper. This is especially true in China, which takes its digital yuan for an international test by the Winter Olympics scheduled to take place in Beijing in February. This particular development is a very positive one for China and global cryptocurrency development as it sets the pace for other countries and their digital currencies. Earlier the week, BIS alerted countries and their central banks…
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Gavin Wood Criticizes Solana Following Blockchain Downtime 

Gavin Wood Criticizes Solana Following Blockchain Downtime 

Gavin Wood, founder of Web3 Foundation which created Polkadot (DOT) and Kusama (KSM) has stated his opinion on the recent event that occurred on the Solana blockchain. The blockchain had suffered transaction overload on Tuesday leading to the forking of the network. In a Wednesday tweet, Gavin Wood highlighted the solutions to such problems to prevent similar occurrences in the future. Solana was projected as a scaling solution for the rigidity of Ethereum blockchain which caused fees to skyrocket during periods of extreme traffic. However, it does seem like Solana has solved the challenge of high gas costs on Ethereum…
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Visa is Ready to Enter the Crypto Space

Visa is Ready to Enter the Crypto Space

Visa, being a direct competitor to Mastercard, has been trying for some time to enter the crypto space, it has done nothing significant in regards to doing so as Mastercard has recently bought a cryptoanalysis firm that is going to give it a lot of boost in the long run. Visa, on the other hand, is still a little sceptical of the crypto industry and is trying to come up with a legal framework, regulations drummed up by its IT team so that it can take on cryptocurrencies, but until that happens, Visa is going to wait. The CEO of…
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