It was revealed on Monday, along with a published copy of the judgement that the Securities and Exchange Commission (SEC) had prevailed in its action against LBRY, Inc., the business behind the LBRY protocol. LBRY tweeted: “We lost. Sorry everyone. We’re going to lick our wounds for a little bit
November 8, 2022 1 min read
51% of Ethereum blocks were confirmed to be compliant with OFAC rules in October. The agency has already sanctioned Tornado Cash and a number of ETH addresses. Members have been monitoring Ethereum’s progress toward meeting requirements put out by the Office of Foreign Assets Control (OFAC). Over 73% of all
November 6, 2022 2 mins read
The price of Solana (SOL) increased by 12% on the announcement. Google Cloud would add its Blockchain Node Engine to the Solana chain in 2023. On Saturday, Google stated that its cloud computing company, Google Cloud, was running a validator on the Solana blockchain. And will be adding capabilities to
November 6, 2022 1 min read
MSCI and Coin Metrics are working together on the Datonomy project. Market players will be able to get a sense of the state of the various crypto sectors. Goldman Sachs, a heavyweight on Wall Street, is planning to release an online resource that explains and classifies cryptocurrency for its institutional
November 4, 2022 2 mins read
The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency market. Although the total value of the cryptocurrency market has risen to over $1 trillion in recent weeks, JPMorgan has
November 4, 2022 2 mins read
Bitcoin and Ethereum are still ranging in a confined range. Shares gained almost 4% in after-hours trading, reaching about $12. Even as Crypto winter warms up, the investment app Robinhood is still feeling the effects. The firm said on Wednesday that its revenue from cryptocurrency transactions had dropped by 12%
November 3, 2022 1 min read
Rt. Hon. Boris Johnson has been announced as the Keynote Speaker at this year’s International Symposium on Blockchain Advancements (ISBA), which is being organized by ParallelChain Lab. Rt. Hon. Boris Johnson, MP, served as former foreign secretary, former mayor of London, and former prime minister of the United Kingdom. Mr. Johnson has earned
November 2, 2022 1 min read
A new whale purchased 3.37 trillion SHIB tokens for $37.46 million. According to the Shibburn website, Shiba Inu burn rates have gone up by 443%. Shiba Inu’s enormous price spike over the previous week has propelled it into Robinhood’s top five most profitable cryptocurrencies this week. Since the beginning of
October 30, 2022 1 min read
There has been an uptick in the notion of allowing cross-border crypto. The liberal New People group proposed mining measure, but it was shot down. Russia’s legislators are going to look at a new bill that would make cryptocurrency mining legal. This sector has been expanding rapidly over the last
October 30, 2022 2 mins read
Genesis saw a precipitous 44% drop in spot trading volume. There were a total of $4.9 billion in active loans in the 2022 third quarter. Genesis Trading, a cryptocurrency brokerage, has released a new analysis detailing the effects of the current market drop on the cryptocurrency loan sector. Genesis originated
October 30, 2022 1 min read