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Coinbase Ventures Banks on Web3 and DeFi Sector After Q2 Report

Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit

July 24, 2022 2 mins read

Ukraine’s New Fiat Currency Restrictions To Benefit Crypto Sector

A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of

July 24, 2022 2 mins read

The Cyprus SEC Granted Regulatory Permission to Crypto.com

Crypto.com, the world’s fastest-growing worldwide cryptocurrency platform, was founded in 2016 and already serves more than 50 million clients.   Because it is built on a foundation of security, privacy, and compliance, Crypto.com is dedicated to helping the next generation of inventors, creators, and entrepreneurs construct a more equitable digital

July 23, 2022 1 min read

SEC Claims 9 Cryptocurrencies as Securities in Recent Court Filing

Coinbase accused for listing unregistered securities in trading. SEC has already charged Ex-Coinbase Product manager for insider trading. The Securities and Exchange Commission (SEC) has alleged in a recent court filing that at least nine digital assets traded on the cryptocurrency exchange Coinbase are unregistered securities. The nine assets in

July 22, 2022 1 min read

Dogecoin New Upgrade For Boost Efficiency and Security

The UI now includes pruning configuration. New RPC function, rescan has been added to enable node operators to rescan the chain. On earlier Today, Dogecoin announced that the underlying blockchain has been improved in terms of efficiency and security with the latest Dogecoin Core 1.14.6 upgrade. The update includes a

July 21, 2022 2 mins read

Ripple Officials React to U.S. Congressman’s Claim of XRP a Security

The Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in 2020. The court has not yet determined the token’s regulatory status. One of the most popular cryptocurrencies by market capitalization, XRP, is a security, according to Rep. Brad Sherman (D-CA) at a recent congressional hearing on the SEC’s

July 20, 2022 2 mins read

BNP Paribas Replacing Fiat Security Assets with Cryptos

BNP Paribas  entering the custody space for crypto. Currently, the French bank has $13 trillion in assets . BNP Paribas (BNP), a  French Bank, is going to start offering custodial services for Bitcoin and other digital assets. Over $13 trillion in assets are managed by the bank’s assets custodian, BNP

July 20, 2022 1 min read

U.S Lawmaker Brad Sherman Thrashes SEC For Neglecting Exchanges

U.S lawmaker Brad Sherman questions the SEC.  Accuses of leaving out major crypto exchanges. SEC terms regulating the crypto industry has become hard. The long-time major villain for the crypto industry, and the congressman Brad Sherman, thrashes the United States Securities and Exchange Commission (SEC) over various aspects. Brad Sherman

July 19, 2022 2 mins read

Top NFT Collection by Market Cap – BAYC Secures First Position

Non-fungible tokens (NFT) are popular for their unique value while the NFT collection is basically a collection of unique NFTs. However, the NFT marketplace is a platform where NFT creators and artists are gathered together. It represents real-world images, videos, and game characters in the form of digital arts.  These

July 18, 2022 2 mins read

Charles Hoskinson Denies Claims of Cardano (ADA) Being a Security

Hoskinson likened Michael Saylor to Tone Vayes in the current market environment. Cardano founder says ADA offers greater usefulness than Bitcoin does. In response to MicroStrategy CEO Michael Saylor’s assertions that ADA is security, Cardano’s creator Charles Hoskinson has issued a statement. Hoskinson likened Michael Saylor to Tone Vayes in

July 17, 2022 2 mins read