To prevent a devaluation of the bolivar, the Venezuelan government plans to monitor P2P cryptocurrency transactions. On December 20th, Venezuela’s banking watchdog Sudeban said that, with the support of Sunacrip, the country’s cryptocurrency regulator, it is developing a system to monitor financial transactions in real-time. While specifics were lacking. The
January 1, 2023 1 min read
The Binance-Peg BUSD integration on the TRON network has been completed, the exchange stated recently. The Binance-Peg BUSD trading pair is now available for deposits and withdrawals on the TRON network. The BNB Chain, Avalanche, Polygon, and TRON networks are now all compatible with the BUSD stablecoin. Changpeng Zhao (CZ)
December 30, 2022 2 mins read
Ark Invest, headed by Cathie Wood, continued its long-standing dip-buying strategy on Thursday by purchasing an additional 158,116 Coinbase shares (COIN). Based on COIN’s closing price of $34.78, the deal represents roughly $5.5 million in value. As per Ark’s daily trading information, the full purchase went toward the ARK Fintech
December 30, 2022 1 min read
Donald Trump’s stockpile of non-fungible tokens (NFTs) keeps plunging. The floor price of Trump Digital Trading Cards, a set of NFTs created by the former President of the United States, fell from 0.84 Ethereum (ETH) ten days ago to 0.16 ETH, a loss of 80%. According to OpenSea statistics, 15,115
December 29, 2022 1 min read
Last week, a group of investors claimed that $22 million in cryptocurrency had been taken from the trading platform 3Commas due to a breach in the company’s API credentials. Wednesday, 3Commas disclosed that it was responsible for the API vulnerability. The news broke when an unknown Twitter user leaked almost
December 29, 2022 2 mins read
The total market worth of all cryptocurrencies has fallen below the $800 billion threshold, signaling a continuation of the industry-wide decline. The value of the most popular cryptocurrency, Bitcoin (BTC), has fallen by 65% YTD, while the value of Ethereum (ETH) has fallen by 68% YTD. Although 2022 was the
December 29, 2022 1 min read
Proposal 11168, submitted by Edward Kim and Tobias “Zaradar” Anderson, two main developers of Terra Classic, is now up for a vote. There was a suggestion put out by ex-Terra Rebels developers to join a new team called the “Joint L1 Task Force” to investigate Terra Classic blockchain maintenance improvements
December 27, 2022 2 mins read
Agro Blockchain, a London-based bitcoin mining company, has stated that it would reopen on Wednesday, December 28. Given that the London Stock Exchange is closed on Tuesday, December 27th, the corporation said that it has sought a 24-hour trading halt with the United States. The bitcoin mining company did not
December 27, 2022 1 min read
Japanese authorities are reevaluating their stance on a number of key regulations. Pertaining to the usage of stablecoins like Tether USDT in the cryptocurrency market. Nikkei, a Japanese news outlet, stated on December 26. That the Financial Services Agency (FSA) of Japan will allow the domestic circulation of foreign-issued stablecoins
December 26, 2022 1 min read
Cybercriminals successfully stole a significant amount of money from the cryptocurrency mining pool BTC.com. Client funds to the tune of $700,000 and corporate funds to the tune of $2.3 million were stolen in the assault on December 3. BIT Mining Limited, the parent company of the mining pool, made the
December 26, 2022 1 min read
