Money laundering and terrorism triggered by the new financial technologies. Anonymity conferred by digital asset space eases terrorism funding. Ever-increasing innovations in the virtual space, especially in the digital finance arena, has raised the concerns of global policy makers. At the UN Security Council (UNSC) briefing on Monday, T.S. Tirumurti,
Singapore, Singapore, 24th May, 2022, Chainwire Fireblocks, the leading digital asset and crypto infrastructure platform, has added support for TRX and all TRC20-based tokens of the TRON DAO blockchain on its institutionally-focused digital asset platform today. With one of the largest and most active communities, remarkably low transaction fees, and
The whole system’s failure has wiped out the ecology and shattered its trustworthiness. A situation where no multisig is involved is strange and hazardous. Theory, loss and response are only some of the reactions to Terra’s extinction. Because of the failure, many thought that this one was doomed. Tether’s Chief
The past two weeks have seen an extreme bear market in the history of crypto, with the total market capitalization of this industry dipping as low as $1.1 trillion for the first time since July 2021. Terra (LUNA) has once ranked among the 10 most valuable cryptocurrencies in the market
Bybit Leverage feature allows users to access greater yields using their funds as collateral With multi-layered liquidation, users can manage risks themselves against excessive losses. Bybit one of the fastest-growing cryptocurrency exchanges with over 2 million registered members, announced its new Liquidity Mining. Liquidity pools are collections of crypto tokens
Current crypto trends correlate with stocks and other off-chain investments. The global crypto market is at a trillion-dollar loss. Bears continue to pull down and oppress the crypto market in the red zone. The Federal Reserves’ action of increasing the interest rates has led the on-chain and off-chain markets to
Tokens that have made notable gains this week are StreamCoin, MixMarvel, Pocket Network, InsurAce, and Adventure Gold. The base currency for all these token trading pairs was Tether USD (USDT). The top 5 tokens that had a good raise this week are listed below: StreamCoin (STRM) This is the governance
A two-week price drop of LUNA to $0.00 prompted Terraform Labs’ legal team to resign. The legal team’s resignation would not be the first in the crypto industry. Following the reported change in employment status for several Terraform Labs’ legal staff members, the long-running issue with Terraform Labs, the blockchain
Modern gold-backed tokens ( commodity collateralized stablecoins) provide access to gold futures markets. They are built on the blockchain platform. All gold-backed cryptocurrencies are derivative assets that allow users to buy, sell, and hold actual gold at any time and from anywhere. They minimize the inconvenient aspects of dealing with
Geneva, Switzerland, 17th May, 2022, Chainwire The TRON Grand Hackathon 2022 Season 2, with an aggregate bounty of $1 Million, kicked off on Monday, May 16. The Kickoff Livestream featured Season 1’s first place winners: dCloud by Cctechmx, TronNinjas Arcade, VersacBrickSquad by TuruGlobal, and JustMoney Exchange, who had some
