The Federal Open Market Committee (FOMC) members usually release the updated reports of the inflationary scenario in the economy. Further the FOMC meeting held on November 1-2 will be revealed tomorrow with the current insights of the crypto markets. As the entire investor community is awaiting for the release, the
New problems have arisen in the Bahamas, the former home of the collapsed crypto exchange FTX. After the ailing cryptocurrency exchange filed for bankruptcy on November 11. The Supreme Court of Bahamas issued an order in favor of the Securities Commission on November 21. The ruling required the exchange to
To make the Rootstock and RIF ecosystem more accessible to mainstream users, IOV Labs and Buenbit have teamed together. Users of Buenbit will have access to services and products from Everyday DeFi that are secured by the Bitcoin network. In many respects, this is seen as a huge advancement by both
Ankr, one of the world’s leading Web3 infrastructure providers, has become one of the Sui blockchain’s first RPC (Remote Procedure Call) providers. It is the permissionless Layer-1 blockchain designed to let creators and developers generate Web3 experiences for the next billion consumers. Josh Neuroth, Ankr’s Head of Product, said that
With a focus on the user experience, AAG’s new digital wallet MetaOne has partnered with Simplex to give easy access to fiat currency. Because of this partnership, MetaOne users—many of whom have never held cryptocurrency—can now easily and securely buy digital assets from within their wallets. It will be possible
Input Output Global (IOG), a Cardano-backed firm, is preparing to launch Midnight. A new zero-knowledge data protection-based sidechain, and dust (DUST) a native token. The failure of the privacy-based blockchain Monero raised privacy concerns in the industry. During IO Scotfest, an event organized by IOG and Edinburgh University in Scotland,
As part of an alleged $575 million crypto fraud scheme. The two co-founders of the defunct Bitcoin cloud mining service HashFlare have been detained in Estonia. HashFlare, founded in 2015, claimed to be a cloud mining service. Where consumers could lease the company’s hashing power to mine cryptocurrency and split
After the recent failure of the cryptocurrency exchange FTX, a group of U.S. senators have sent another letter to the financial behemoth Fidelity Investments, urging it not to sell Bitcoin to its clients. The letter was signed by three senators from three different states: Tina Smith of Minnesota, Elizabeth Warren
Uniswap, a major decentralized exchange, disclosed that it gathers certain user data, such as traders’ device type or browser, but no personally identifiable information. On Monday, the DEX claimed in a blog post that “transparency was key.” And that it was collecting data both off-chain and on-chain to enhance the
On Monday, Coinbase’s stock price dropped to a record low of $40.61. According to CoinGecko statistics, the two biggest cryptocurrencies by market cap, Bitcoin and Ethereum, both declined. Bitcoin dropped 5.5% to $15,665, while Ethereum dropped 8.2% in a day to $1,081. Coinbase has attempted to capitalize on the demise
