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Search Results for: cardano

Voyager Digital Co-Founder Faces CFTC Scrutiny Over Law Violations

Defunct Voyager Digital is at the center of the newest dispute. Stephen Ehrlich, Voyager Digital’s co-founder, has come under scrutiny after an inquiry by the Commodity Futures Trading Commission (CFTC). Most notably, a major US regulator has concluded that the co-founder of Voyager Digital Ltd. broke derivatives laws prior to

October 6, 2023 1 min read

Canada Issues Preliminary Guidelines for Stablecoin Trading

With an emphasis on stablecoins, the Canadian Securities Administrators (CSA) has offered guidelines to exchanges and cryptocurrency issuers on its preliminary approach to what it refers to as value-referenced crypto assets. Canadian provincial and territorial securities authorities issued a clarification on the possible trading of cryptocurrencies that peg their value

October 6, 2023 1 min read

Ethereum Succumbs to Selling Pressure as Bears Maintain Control

According to data compiled by Santiment, the average fee this week has been about $1.13, making it the lowest it has been since November 2022. Historically, ETH’s price has bottomed out and begun rising shortly after the Ethereum network fee has been around this level. There has been no noticeable

October 5, 2023 2 mins read

Chainalysis Slashes Workforce by 15% Citing Ongoing Crypto Winter

Chainalysis, a blockchain analytics business, let off another 15% of its workforce this week, citing the necessity to cut costs in light of the prolonged detrimental market. The firm said on October 3 that it has laid off 15% of its workforce, or around 135 people. Madeleine Kennedy, VP of

October 3, 2023 1 min read

Solana (SOL) Price Skyrockets; Inches Closer to $25 Key Level

Lately, the price of Solana (SOL) skyrocketed, coming alarmingly close to $25. Due to its recent price increase, Solana is now the seventh most valuable cryptocurrency, surpassing both Dogecoin (DOGE) and Cardano (ADA). This year, the TVL for Solana reached a new high of $338.21 million. This provides some good

October 2, 2023 1 min read

Indian MP Urges Government Action to Strengthen Web3 Payment Services

Cryptocurrency, like many other emerging technologies, was first ignored in India. It seemed as if Indians were hesitant to even acknowledge the industry existed. Lately, the government’s attitude on VDAs (virtual digital assets) has changed significantly due to widespread usage both internationally and in India. In 2022, this was formalized

September 26, 2023 3 mins read

The Best Alternative Assets in Modern Investing

In the ever-evolving landscape of investments, traditional and digital assets are captivating the attention of investors seeking multiple returns. Two notable categories that have garnered immense popularity in recent years are Bitcoin and passion investments, which include rare whiskey, fine art, luxury items, cars, Lego, and more. ExpressVPN delves into

September 18, 2023 4 mins read

Cathie Wood Led ARK Invest Files for Ether Spot ETF

Cathie Wood led ARK Investment Management has proposed an Ether spot ETF. This is in light of the U.S SEC’s decision to postpone ARK’s spot Bitcoin ETF. On September 6th, ARK Invest and 21Shares filed with the SEC to have their spot Ether ETF listed on the Cboe BZX Exchange. 

September 7, 2023 1 min read

Liquid Staking Soars Despite Overall Crypto Market Downturn

Bloomberg says that one subset of the crypto industry, ‘liquid staking,’ has seen a stunning revival, almost reaching its all-time high.  Assets held in liquid staking services increased by a remarkable 292% to $20 billion, recovering from a crisis in June 2022, when the larger digital-asset market was in an

September 5, 2023 1 min read