Category: Cryptocurrency & Blockchain

ADA Price Slides 20% Over 2 Weeks

Cardano network is looking at a massive bounty of new smart contractsSmart contract application delay affecting Cardano prices negatively2,352 smart contracts which have been initiated in the Cardano platformFlush with the success of the Alonzo hard fork, the Cardano network is looking at a huge swathe of new smart contracts. However, it will be some…

UCH tokens have witnessed a sudden spike in their price

Universidad de Chile fan token has attracted investors attention with its recent performanceOn Friday, the price of UCH surged to achieve a new high near the price level of $154Observing the Universidad de Chile fan token, investors are looking closely to purchase the dipCrypto.com has listed the UCH tokens that have helped boost its priceIt…

Gregory Dwyer faces charges of operating an unregistered trading firm

BitMEX former employee agreed to extradited from Bermuda to the United to defend himselfGregory Dwyer claims to be innocent and seeks to defend himself in court against all chargesDwyer was charged with operating an unregistered trading platform and violating several regulationsBitMEX agreed to pay a civil money penalty of $100 millionBitMEX is a Peer-to-Peer crypto…

Paxful blends Lighting Network with its P2P exchange

Paxful has integrated Bitcoin Lightning Network to achieve wider utility its platformThe integration will allow Paxful’s users to transact easily with BTC within seconds for minimal chargesBitcoin Lightning Network fulfills Satoshi’s vision by making microtransactions a realityPaolo Ardoino believes more firms like Paxful will integrate the BTC sidechainPaxful is a leading Peer-to-Peer cryptocurrency exchange. Recently,…

Guo Wengui had commingled proceeds from unregistered security offerings

ICO and IPO proceeds from sale of unregistered securities led to the arrest of Guo Wengui Fines have already amounted to $486.6 million SEC states that they used a mutual fund to misuse proceedsThe United States Securities and Exchange Commission (SEC) has charged three of Chinese extremely rich person Guo Wengui’s organizations over an underlying coin offering…

Liti Capital Launches Staking for Token Holders

Geneva, Switzerland, September 13, 2021 — Liti Capital SA, a Swiss-based litigation funding provider that has opened up private equity investing to the masses through blockchain technology, is launching staking for its wLITI token. Starting on September 13, wLITI token holders will be able to stake their tokens and receive

Why Polygon observed substantial growth in recent weeks

Formerly known as the Matic Network, Polygon (MATIC) is a scaling solution that aims in providing tools for the improvement of transactions on blockchain networks. After switching moniker, it retained its MATIC cryptocurrency which is the digital token that supports the network. That said, Polygon, as of late, has its influence spread across all aspects…

NFTs ecosystem doesn’t require integration with social media to grow

NFTs integrations with social media platforms will not help boost its adoptionFacebook is exploring the functionalities of such crypto tokens in its Novi-Diem ecosystemFacebook’s crypto wallet is in a prime position to support Non-Fungible TokensFacebook-powered NFTs are likely to be melded promptly into the Diem blockchainNFTs or Non-Fungible Tokens have witnessed a rapid adoption in…

OpenSea’s NFT volume reduces by 50% after a momentary surge in August

Leading NFT platform records a natural decline in sales volume Sales volume had surpassed $4B in August The top five most valuable NFT projects on OpenSea are in the red with CryptoPunks being the worst hit.Following a titanic flood of $4B deals volume over time of August for the main nonfungible token, or NFT, commercial center OpenSea,…

WAVES Price Analysis: WAVES Coin Continuing With A Rounding Bottom Pattern

The 20-day EMA provides strong dynamic support to the WAVES coin priceThe WAVES/BTC pair was trading at 0.0006408 BTC with a loss of 8.78%The 24 hr trading volume in WAVES is $262.1 MillionThe WAVES coin would be one of the few coins that manage to fight against the intense selling pressure lurking all around the…

El Salvador’s BTC adoption is the turning point of the market

Bitcoin crash is a natural cycle part of the crypto asset as per Jonathan MillerKraken’s August Market Cap report emphasized that such tremendous performance has been credited to its robust hash rateWhile noting the Bitcoin’s performance over past months, the report warned for the coming monthsAccording to Kraken Australia CEO, El Salvador’s stance of adopting…

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