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Cardano Set To Trigger Vasil Upgrade On Mainnet As ADA Price Readies For A Go At $1

Cardano’s development team deployed the final node version on the Vasil dev net alongside a new smart contract pre-production environment as the world’s largest proof-of-stake blockchain gears up for its most significant upgrade. According to the latest correspondence by InputOutput Global (IOG), if all goes well, the new node version -1.35.3- could usher in the Vasil […]

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Banks To Use Their Risk Management and Compliance Expertise To Compete In The Crypto Space

The Office of the Comptroller of the Currency (OCC), an independent bureau of the US Department of the Treasury, issued interpretive letters in 2020 and 2021 on banks’ activities in the crypto industry. The activities included providing cryptocurrency custody service for customers, holding deposits that serve as reserves for certain stablecoins, operating independent node verification […]

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New Yorkers Affected By The Cryptocurrency Crash Requested to Contact Attorney General’s Office

In a press release dated August 1, 2022, New York Attorney General Letitia James issued an investor alert calling upon New Yorkers who have been deceived or affected by the cryptocurrency crash to contact her office. A statement from the NY Attorney General read: “The recent turbulence and significant losses in the cryptocurrency market are […]

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Peter Schiff Predicts Bitcoin Crashing To $10k, Warns HODLers To Dump Before It’s Too Late

Staunch Bitcoin critic Peter Schiff has called on crypto hodlers to dump their BTC holdings before it’s too late. Speaking to Kitco news, he described bitcoin fanatics as “living in their own bubble” and a “state of delusion”. He further predicted Bitcoin going below $10,000 or worse, stating that it would never recapture its all-time […]

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Asia Australia Bitcoin Blockchain Canada Comeback Crash Crypto Cryptocurrency Cryptocurrency news DOT Europe Launch Markets Merge Mining Minting News polkadot Rates Security Spain Trading United States

Polkadot’s Native Stablecoin aUSD Depegs Following Exploit

Attackers have struck the markets again; this time, the Acala network is on the receiving end. A few hours ago, reports broke out that the Acala dollar aUSD is being messed with by hackers who Issued 1.2 billion aUSD to themselves through a bug in the Honzon protocol. Does “over-collateralized” mean safe? Market turmoil doesn’t […]

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Polkadot (DOT) To Retest $9.88 Resistance – Can Bulls Regain Solid Footing?

Polkadot (DOT) price reveals that the extreme bullish movement pumped the price reaching $9.54. DOT price extremely bullish; set to retest $9.88 key resistance level. Support spotted at the $9.29 zone. Polkadot pumped up its price to $9.54.  DOT’s price trendline has spiked for the past couple of weeks following the coin’s overwhelming gains over […]

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Filecoin Cruises Near Resistance, Now Attempts For A Breakout

Filecoin (FIL) price action shows the formation of a flag and pole pattern that indicates a bullish movement. Filecoin price displays a robust uptrend with a bullish flag and pole pattern. Four-hour time frame for Filecoin showed the formation of a symmetrical triangle pattern Filecoin currently trades at a long-term supply range following a breach […]

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Cardano Flips XRP As ADA Hits 2-Month High, En Route to $1 Price

ADA is recently gaining momentum as it goes further up the ‘Top 10’ list of largest cryptocurrencies. The asset lost its position as the 7th largest digital asset when BUSD’s valuation surged past its market cap days ago. This occurred when the markets saw a sudden dip that impacted the price of ADA. Nonetheless, ADA […]

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CFTC Files Charges Against Mastermind Of $12 Million Bitcoin Ponzi Scheme

The Commodities Futures Trading Commission (CFTC) has filed charges against an Ohia man and his companies for misappropriating more than $12 million from customers in a cryptocurrency-fueled Ponzi scheme. CFTC Brings Charges The CFTC has charged a man accused of running a multi-million dollar crypto scam. Rathnakishore Giri of New Albany, Ohio, pretended to be […]

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Decentraland Consolidates Near $1.05 – Can MANA Attract Buyers Now?

Decentraland (MANA) shows an uptick after it has successfully breached a critical supply level adjacent to $0.9405. Decentraland (MANA) on an uptrend following breach on critical supply mark near $0.9405. MANA price remains bullish with a daily candlestick hovering above $1.0605 hinting further gains. MANA price plunged for the second straight session spotted on Saturday. […]