Sat, October 3

Polygon (MATIC) Price Surges Following Massive Whale Accumulation

There has been an 8.7 percent increase in the total value of MATIC wallets. MATIC’s price has climbed to a high of $0.50, a 60% gain in 4 days. Polygon (MATIC) departed from its normal negative trajectory this week, achieving one of the most pronounced rises in the crypto market.

June 23, 2022 2 mins read

Much Needed Crypto Incident Response Program Launched by Chainalysis

An asset recovery attorney and law enforcement liaison may be provided upon request. Chainalysis investigators have worked with commercial and public sector organizations. Crypto Incident Response is Chainalysis’s new quick response solution for organizations targeted by a cyber-attack or unauthorized network penetration that includes theft or demand for a cryptocurrency.

June 23, 2022 2 mins read

Indian Investors Might Face 28% Additional Crypto Tax in the Form of GST

Two days from June 28 to 29, a panel of India’s top economic decision-makers will debate whether to levy an additional 28% tax on crypto transactions. In addition to the existing bitcoin income tax of 30%, the proposed tax will be imposed. Many believe that the two-day meeting won’t allow

June 23, 2022 2 mins read

Do Kwon Devastated After LUNA Crash

In a recent interview, Terra co-founder Do Kwon expressed his “devastation” in the LUNA collapse which made thousands of investors impacted by the crash. JUST IN: #Terra founder Do Kwon says in an interview that he has been 'devastated' by the $LUNA collapse. — Watcher.Guru (@WatcherGuru) June 23, 2022 The

June 23, 2022 1 min read

US University Adopts Cryptocurrency in the Curriculum

The National University of Singapore also accepted cryptocurrencies as a curriculum. MIT offers a course on the impact and ethics of blockchain and cryptocurrency. U.S best National University offers two new courses to students on cryptocurrencies and cutting-edge financial technologies. Last year, the market for crypto assets grew significantly and

June 23, 2022 2 mins read

Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement

Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues mentioned in the OSC’s Statement of Allegations from June 21, 2021. Bybit contemplates various actions under the Settlement Agreement and the related Undertaking while participating in registration negotiations

June 23, 2022 2 mins read

FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market

The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like FalconX continue to get investments from VCs, despite the current gloomy trend in crypto markets. As part of its Series D fundraising round, FalconX, an institutional-level digital

June 23, 2022 2 mins read

KuCoin Fails to Comply With Ontario Regulator OSC, Faces Ban

Both Bybit and KuCoin, were found to violate securities laws. Charges of USD 2,000,000 and $96.5K have also been filed against KuCoin. KuCoin has been permanently barred from trading on the Ontario Stock Exchange (OSE) for violating securities laws. OSC announced the news in a press release issued not long

June 23, 2022 2 mins read

FTX Added New Trading Pairs For AVAX, MATIC & TRX

FTX partnered up with BlockFi to offer a new credit line  FTX offers trading opportunities for over 100 cryptocurrency trading pairs. FTX a Bahamas-based centralized cryptocurrency exchange added trading pairs for Avalanche (AVAX), Tron (TRX), and Polygon (MATIC).  The whole cryptocurrency market is facing a downtrend, it lost more than

June 23, 2022 1 min read

Shopify Introduces ‘Tokengate’ Utilizing NFTs to Promote Sales

Known as “tokengate,” the project has an early-access beta version accessible. To buy NFTs, neither the vendor nor the buyer has to use crypto. Shopify’s new connect-to-consumer efforts will let merchants create unique items for token holders in order to interact with followers and promote sales. Known as “tokengate,” the

June 22, 2022 2 mins read