Fraudsters also target customers by pretending to be a company or government. According to FTC data, many criminal organizations prefer to pay using cryptocurrencies. Federal Trade Commission data shows that over 46,000 consumers have been scammed out of over $1 billion in cryptocurrency since the start of 2021. There has
June 5, 2022 2 mins read
The Novosibirsk Institute of Program Systems created CELLS. As a starting point, the system will be able to handle up to 100,000 transactions per second. Rostec, a Russian state-owned company, has developed a blockchain-based platform to let Russia and its partners conduct international settlements and store digital money. In the
June 5, 2022 2 mins read
RESERVEUM is an international group of crypto evangelists busy designing a protocol for a non-custodial token with a price that would keep up with the world inflation. As of May 2022, the Reserveum Analytical Group has spent a year developing a token that would solve the problem of safe settlements as
June 3, 2022 2 mins read
Dimon predicted that oil prices might rise from $150 to $175 a barrel. The CEO was emphatic in his warning that “wars go bad.” During a financial conference hosted by Alliancebernstein Holdings on Wednesday, Jamie Dimon, CEO of JPMorgan & Chase, warned of an impending economic hurricane. Dimon exclaimed, “It’s
June 2, 2022 1 min read
Terra’s demise has raised fears that other stablecoins may lose their peg. Stellar blockchain digital wallet users will be able to convert their assets into USDC. MoneyGram and the Stellar Development Foundation have teamed together to promote the use of digital currencies more broadly. Users will be able to transfer
May 31, 2022 1 min read
JustLend’s TVL jumped from $1.79 billion to $2.86 billion. USDD is controlled by smart contract algorithms, unlike Tether’s USDT. DeFi’s third-largest blockchain is Tron, a Justin Sun-led blockchain that debuted in 2018. (TVL). In the last month, the total value locked (TVL) in Tron’s nine applications has increased by 44
May 31, 2022 1 min read
Russian central bank had initially planned to begin the digital ruble pilot. Digital ruble wallets were established using mobile applications. Moscow has been persuaded by sanctions imposed over its invasion of Ukraine to speed up the construction of the ruble’s digital counterpart, Forbes reported in Russian, citing CBR First Deputy
May 30, 2022 2 mins read
Investments have been a subject that’s troubled people for a long time. A small mistake, and you could end up losing your hard-earned assets. But, Genius Assets plans to change that by diversifying your portfolio and investing in a bunch of sectors. Also, it intends to bridge the gap between
May 30, 2022 4 mins read
Algorand is up 10.36% in the last 24 hours. Algorand was created to expedite transactions and boost efficiency. Let us look at the top 3 altcoins to consider for June 2022. PolySwarm (NCT) Detection, analysis, and response to the most recent threats, which are more likely to go undiscovered by
May 30, 2022 1 min read
A breakout over $155.8 suggested a short-term bullish bias. The positive bias was reversed when the price closed below $181.6. One of the main cryptocurrencies has performed pretty well on the price charts after the May 12 decline. When Monero fell below $133 in market value, it had a 70
May 29, 2022 2 mins read
