The New Jersey Bureau of Securities has once again delayed the enactment of the cease-and-desist order it had issued for new interest accounts with crypto-lender BlockFi. The firm announced the extension on Twitter. It is the third time such a delay has come to pass after the regulator initially issued the order back in July.
It has been a tense time for Coinbase. The crypto-exchange recently felt the regulatory squeeze when the United States SEC reportedly threatened to sue if Coinbase launched its high-interest crypto product – Lend. These developments, however, haven’t stopped the exchange from highlighting its efforts towards compliance. A recently-released Twitter thread is a case in point.
Despite Bitcoin oscillating around the $40,000-mark over the last 48 hours, the outflow of BTC from exchanges continued its downward trend. Over the week, exchange balances have continued to decline to hit a new multi-year low of 13.0% of circulating supply. This pushes exchange balances to levels last seen in February 2018. While the aforementioned
The global gambling industry is in the midst of being completely reinvented thanks to the recent adoption of cryptocurrencies, and the now flourishing DeFi (Decentralized Finance) sector. This growth has been further propelled by the explosion of NFTs (Non-fungible tokens) and the emergence of esports in the wake of the Coronavirus pandemic. The development of
NFT and DeFi enthusiasts worldwide may be wondering why Tomi Heroes have been popping off on OpenSea in recent days. These non-fungible tokens grant access to Tomi’s token presale soon, so the limited-edition sets are in high demand. With 457 Ether (or roughly $1.5m) in traded volume, it is evident that this is the project
The cryptocurrency industry has already been facing several regulatory barriers in the United States of America, and regulators have turned their gaze on stablecoins of late. While the regulatory concerns raised around stablecoins have been increasing by the day, so did the supply. As per data provided by Messari’s Ryan Watkins, the supply of stablecoins
The virtual gaming industry is big and while it is starting to incorporate the advancements of blockchain and cryptocurrencies, it still has a long way to go to reach its full potential. Block2Play is a gaming platform that allows its users to play a real-life role-playing game, which also gives them the chance to earn
At a time when billionaire investors are increasingly placing their bets on Bitcoin and other cryptocurrencies, others are proving more than difficult to convince. For instance, while Bridgewater Associates Founder Ray Dalio has given up his belief in fiat currency, he still isn’t sure about Bitcoin being a better store of value than gold. During
Bitcoin v. Ethereum – The elephant in the room of most Bitcoin and altcoin analyses. During a recent episode of the Unchained podcast, host Laura Shin let the author of The Bullish Case for Bitcoin, Vijay Boyapati, and Ethereum Foundation Researcher Justin Drake take a stab at the question. Needless to say, it was the
Crypto-hackers are known to spot the slightest of vulnerabilities in networks to take advantage of, often with varying results. The last 24 hours saw Ethereum emerge as a target for one or some of them. An unknown entity tried to attack the Ethereum network on Tuesday, but with little success. While it managed to trick
‘Bitcoin vs Gold‘ – which one is a better option for investment? This is indeed one of the most common questions asked across financial institutions and investors, on a global scale. While some prefer the ‘yellow metal’ other choose Bitcoin or so-called “digital gold.” This article too covers a similar narrative. Ronald-Peter Stoeferle, the managing
Sun soaked beaches, crisp blue waters, and Bitcoin, El Zonte was nicknamed “Bitcoin Beach,” before Bitcoin became legal tender in El Salvador. The beach town provided a glimpse of what El Salvador could look like after the top cryptocurrency became legal tender. Post-launch, investment expert Anthony Pompliano spoke to Bitcoin Beach director, Mike Peterson, to investigate
Polygon (MATIC), a leading full-stack Ethereum scaling solution, and Decentral Games (DG), the world’s first metaverse gaming DAO where players can make money by participating in play-to-earn style gameplay, have formed a strategic partnership to take play-to-earn games mainstream. Along with the announcement of their partnership, Polygon has initiated a strategic investment in Decentral Games
“Slow and steady wins the race,” is a saying as old as time. In fact, it still holds true for a lot of things. When talking about the same in the context of cryptocurrencies, many have often associated it with Litecoin. However, the “digital silver” has been challenging the notion of late with its impressive
Nasdaq-listed cryptocurrency exchange EQONEX (Nasdaq: EQOS), today released the details of its first-ever airdrop EQO dollars (EQO-D) exclusively for the holders of its native token EQO. Under the terms of the airdrop, 100 EQO-D will be issued per 1,000 EQO held and will give traders three unique benefits: trading collateral, gift collateral, and buyback benefits.
There’s good news for loyal users of C-Trade, one of the best cryptocurrency derivatives exchanges in the world. You’re going to love it even if you’re a new user. Only 5 days from now, C-Trade is all set to launch new futures trading pairs. Not just one, but four USDT perpetual trading pairs – BTCUSDT,