The native cryptocurrency of blockchain-based gaming firm Enjin, known as ENJ, had a price increase on April 7. Intraday, the cryptocurrency asset reached $0.4958, its highest level since February 25. While the low for the day is $0.4145. Moreover, as of this writing, Enjin Coin’s trade volume has increased by
Authorities in Singapore are making a concerted effort to provide recommendations for banks on verifying cryptocurrency clients. Banks in the city-state have been collaborating with regulators over the last six months. In order to develop industry-wide guidelines for vetting cryptocurrency consumers. Singapore’s monetary authority, the Monetary Authority of Singapore (MAS),
A new report indicates that Do Kwon, the founder of Terraform Labs, has no assets that can be traced to him in his home country of South Korea. Kwon, who has been charged with fraud in both the United States and South Korea, was detained in Montenegro on November 23
The window for reimbursements to creditors of the now-defunct cryptocurrency exchange Mt. Gox has officially opened with the passing of the deadline for inputting payback information. About a decade ago, in February of 2014, the Tokyo-based crypto exchange filed for bankruptcy, making it one of the first crypto exchanges to
The opposition leader in Thailand has pledged to give every citizen $300 (10,000 Thai Baht) in a cryptocurrency airdrop as part of his campaign for prime minister. Srettha Thavisin, who is running for the post in the upcoming May elections, has made this assertion. Thailand’s opposition party leaders have made
Ripple’s native token, XRP, has maintained a positive incline over the past few days. Microeconomy is growing and competing with the influence of macroeconomy. We can witness this with the stabilization of Bitcoin (BTC). But not every cryptocurrency is undergoing a positive change. Some are in oscillating motion too. When
Astar Network, a platform for multichain smart contracts, formally announces the launching of its native ASTR token on Huobi Japan. Huobi is now the third Japanese cryptocurrency exchange to list ASTR following Bitbank and GMO Coin. The ASTR token has been added to the “Green List” of the Japan Virtual
The California Department of Financial Protection and Innovation (DFPI) projected that Robinhood, the major fintech firm behind the cryptocurrency and stock trading platform, will pay more than $10 million in penalties. In March 2020, the global epidemic was at its peak. Robinhood experienced operational and technological problems that prevented many
Bitcoin intimidated the global macroeconomy with its recent bullish rally during the US bank runs. During the previous financial crisis and liquidity crunches, the Bitcoin price dipped to bottoms with notable declines. But the 2023 US banking crisis witnessed an initial double-digit surge in BTC. Significantly, it surged 65% year-to-date
This year, Solana, which is widely seen as Ethereum’s main competitor, received a lot of negative attention. Solana claims to have solved the many outages and technical issues plaguing the blockchain with its “state compression” technique. Moreover, it also intends to reduce the cost of minting NFTs. Merkle trees, a
