As vaccinations continue to be rolled out globally, more countries are starting to open up their borders to tourists. Even though the ongoing coronavirus pandemic has yet to fully recede, an increasing number of countries are beginning to open up their borders to...
Satoshi
Proof-of-Stake Coins Cardano and Polygon Hit ATH After Musk Slams BTC
Environmentally friendly coins continue to soar, days after Elon Musk redirected the crypto market’s focus to the environment. Polygon (MATIC) rose by 30% in the past 24 hours and 116% in the past week, data from CoinMarketCap shows. MATIC’s current price is $1.63,...
Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of...
‘Crypto Twitter’ donates $800,000 in cryptocurrency to child who had leukemia
Well-known personalities in the crypto space and hundreds of their followers have donated more than $800,000 in cryptocurrency to a child, known as J.O., who recently overcame leukemia. The donations were sent in a matter of hours this morning. A day prior, the...
Samsung Adds Support for Hardware Wallets on Galaxy Smartphones
Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make transactions....
Traditional finance has much to learn from new entrant DeFi
DeFi protocols offer insights into the future of capital markets infrastructure, for those willing to pay attention. Incumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto...
The Fear Factor: A Volatility Index for Crypto Arrives
As Coti ramps up efforts to bring a decentralized fear index to crypto, it has enlisted the help of Professor Dan Galai, one of the pioneering brains behind the Cboe Market Volatility Index (VIX), to help the organization develop a crypto-oriented version. VIX...
Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely...
Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market...
Altcoins pop while Bitcoin looks for support near $50,000
Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains. Bitcoin (BTC) continues to look for direction but as this occurred, Ether and altcoins bounced higher from the May 13 sell-off. Dogecoin...