American law enforcement agents seized approximately $34 million worth of digital assets tied to illicit Dark Web activity. The operation marked one of the largest confiscations of cryptocurrencies ever executed by the US authorities. ‘Operation TORnado’ was a Success According to a recent announcement by the Department...
Neutrino, the algorithmic price-stable assetization protocol, serves as an accessible DeFi toolkit. It was built on top of the Waves blockchain and had managed to almost double its market cap in less than a month. However, the protocol’s stablecoin project – USDN – de-pegged after sliding...
Gavin Wood’s vision of an interoperable network of customized blockchains is really taking shape. While 11 parachains have launched so far, by this time next year, Polkadot will have grown to more than 40 individual blockchains living on its network, dramatically expanding what has already...
Singapore’s new crypto law requires crypto businesses based in the city-state operating on foreign soil to comply with anti-money laundering and anti-terrorism measures. According to the latest report by Bloomberg, the Singapore parliament passed the law on Tuesday, a part of the Financial Services and Markets...
The Metaverse is currently one of the hottest topics in the crypto industry. It is a term used to describe a virtual world where users interact, work, game, and perform other functions as they would in the real world. As several large tech companies and mainstream...
After failing to conquer $47,000, bitcoin dipped by several thousand dollars to around $45,000. Most altcoins sit rather calm today, with Dogecoin being the most impressive gainer. A 5% increase has pushed DOGE to above $0.15. DOGE Spikes 5% Following Musk-Twitter News Most alternative coins calmed in...
Tezos – a decentralized layer 1 blockchain – launches the ninth upgrade with the promise of greatly improving its scalability. In the near future, Tezos is expected to host more dApps and process many more transactions on its network. With layer two solutions like optimistic rollups...
The Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – reiterated the agency’s plans to exercise greater regulatory oversight on the cryptocurrency market to protect investors from fraud. Additionally, he revealed that the SEC and the Commodity Futures Trading Commission (CFTC) will...
One of the largest providers of hardware cryptocurrency wallets, Ledger has announced a partnership with NFT gaming metaverse – The Sandbox. The move is expected to help metaverse users to increase security and to manage the self-custody of their digital assets. At the Non-Fungible conference in...
The popular memecoin – Shiba Inu (SHIB) – has been added to Bitcoin of America – a US-based ATM chain that has over 1,800 machines spread across more than 31 states. According to the official release, the reason behind the move is because Bitcoin of America “…recognized...