Cryptocurrency News

SEC’s Cryptomom Peirce Believes US Capital Markets Can ‘Transform People’s Lives’ In a July 7 fireside chat courtesy of Unitize, Commissioner Hester Peirce of the Securities and Exchange Commission continued to advocate for regulatory clarity for crypto as a means of opening up capital markets to innovation.“I believe in the power of our capital mark

Binance Expands Fiat Gateway to Support 15 New National Currencies Major cryptocurrency exchange Binance has added support for deposits in 15 additional fiat currencies to its platform.According to a July 7 announcement, Binance added support for the United Arab Emirates dirham, Australian dollar, Canadian dollar, Swiss franc, Czech koruna, euro, British pound

Cardano's ADA is Either #6 or 7 By Market Capitalization — Depending on Who Counts Cardano’s ADA recently overtook Litecoin (LTC) in market capitalization. Now it may have passed Bitcoin Satoshi Vision (BSV) as well, depending on how the metric is calculated.At the time of this writing, CoinMarketCap, or CMC, shows ADA in seventh spot, while Nomics has it

CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between cryptocurrencies and the long-awaited promised land of regulatory clarity.Tarbert wa

Future Bleak for Private Stablecoins, SFB Economist Says Speaking on a Unitize digital conference panel, Peter Dittus, chief economist for SFB Technologies, said he does see a place for privately-issued stablecoins. "I don't see a great future," Dittus said of stablecoins on the June 7 panel, live streamed by Cointelegraph.

COVID-19 Could Accelerate Crypto Adoption During a Unitize panel on Monday, Balaji S. Srinivasan commented that COVID-19 has changed everything — and it could ultimately end up accelerating Blockchain adoption. Srinivasan is known for numerous roles in the crypto space. He’s an angel investor, an entrepreneur, the former CTO of Coinbase, and a General Part

Global Compatibility Is A Key Factor In The CBDC Race, Says Expert International interoperability will become the cornerstone of the CBDC race as it goes forward, according to Douglas Arner, director at Asian Institute of International Financial Law at the University of Hong Kong. Speaking at the Unitize blockchain conference earlier today, Arner argued that t

New Kyber Upgrade Deployed to the Ethereum Mainnet Kyber Network just put a protocol upgrade into operation on its mainnet in tandem with its decentralized autonomous organization, or DAO. Kyber fired up its Katalyst Protocol Upgrade as well as its decentralized finance, or DeFi, solution — KyberDAO, the Kyber Network said in a July 7 blog post. Continue Re

Could a Cardano & Litecoin Team Up Be in the Works? Cardano founder Charles Hoskinson recently said that he would not mind working with Litecoin founder, Charlie Lee, to test cross chain communication."It would be great to do something together," Hoskinson said in a July 7 tweet to Lee.

The US Secret Service Issues Ransomware Warning The U.S. Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the U.S. private sector and various government entities.According to a document published by ZDNet on June 7, threat actors have been widely relying on ransomware attacks, point-of-sale intrus

Major Car Companies Get Creative Before Next Crypto Bull Run Crypto and blockchain experts now have something new to save up for — a line of techie-style Rolls Royce (LON:RR) cars, each complete with a cryptographic puzzle. As crypto prices pop off, participants may begin asking "When Rolls?" instead of the popular 2017 phrase, "When Lambo?"Leaving a fair

Twitter Users Can Now Send Crypto to Each Other With Torus Torus, a Singaporean crypto key management platform, now allows users to send cryptocurrencies through social media platforms such as Twitter.With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the

Hacker Group Amassed $7M in Crypto by Selling Stolen Credit Cards A hacker gang known as “Keeper” established an interconnected network to steal credit card data from over 570 e-commerce sites. Since 2017, they have profited around $7 million in crypto by selling card information through the dark web.According to a July 7 study by threat intelligence firm,

Dev Outlines Three Requirements for Decentralizing Gaming Blockchain gaming may become the next evolution of an industry that is now well into reaching market cycle maturity, according to Outplay Games’ CTO Paul Gadi.In his panel at Unitize, titled “Decentralizing Video Games,” he delivered a presentation on how blockchain can reinvigorate an industry th

South Korea Considers Blockchain-Run Free Trade Zone Andong, a city in the Gyeongbuk province of South Korea, announced on July 7 that they’ve been granted a permit to operate a free trade zone for industrial hemp. They additionally announced that they will manage their operations through a blockchain-based platform.According to Newspim, Gyeongbuk’s govern

DeFi Lending Platform Enables No-Collateral Loans With New Feature The Aave lending protocol recently launched a new feature called Credit Delegation. This feature allows users to provide peer-to-peer loans with no formal collateral requirements.Stani Kulechov, the CEO of Aave, explained via Twitter how the system will work. The Credit Delegation feature relie

Legal Implications of Secondary SAFT Sales, Part 1 The enfant terrible of the digital token world, the Simple Agreement for Future Tokens, or SAFT, continues to grab headlines. In the recent Telegram case, the federal district court for the Southern District of New York enjoined Telegram Group Inc. from proceeding with its long-planned token generation event,

Crypto ‘OG’ Thinks Altcoins Will Outperform BTC in the Near Future Dan Morehead, the founder of the first crypto venture capital firm, Pantera Capital, believes that altcoins will outperform Bitcoin (BTC) over the next couple of years.Speaking at the Unitize virtual event, Morehead said that in the short-term, his firm is betting on altcoins:Continue Readi

Careful! There’s a Justin Sun Look-a-Like Trying to Launch a Fake Tron Privacy Coin Gumi Cryptos Capital partner, Miko Matsumura, recently spoke with a scam artist pretending to be Justin Sun. The imposter was attempting to sell a supposed privacy-focused crypto asset pegged to the value of real Tron TRX coins. Upon initial inspection of the project and its

The Three Most Controversial Bitcoin Price Models and What They Predict There are several well-known Bitcoin price models and theories that are often highly debated and considered controversial. Models like stock-to-flow, Hyperwave and Elliot Wave typically predict large price movements in the medium- to long-term.The first and most widely acknowledged Bitcoin

Trump’s Former Sanctions Chief Joins Major Crypto Firm Chainalysis A former key executive at the United States Department of the Treasury has joined a major cryptocurrency investigation firm, Chainalysis.Sigal Mandelker, a former Treasury Under Secretary for terrorism and financial intelligence, has reportedly joined Chainalysis’ board of advisors. Accordi

Chainlink Price Hits A New All-Time High — Will Tezos (XTZ) Follow? Altcoins have been taking the spotlight as massive surges are seen across the board. Some have been making 1,000% moves or more as Aave (LEND) and Zilliqa (ZIL), for example. Others are slowly waking up out of the ashes, and some are printing new all-time highs. One of those recent all-time

Monaco Passes New Security Token Laws, but Acting on Them Is Not Easy Monaco is one of the most exceptional countries on the planet. Its unique mix of scenery and history creates a blend that attracts tourists from all over the world. Anyone who has ever visited falls swiftly in love with its charm.
Alongside its reputation for class, architecture and an out

Bitcoin Hash Rate Hits Record Average High Defying BTC Price Bears An essential Bitcoin (BTC) metric has hit a new all-time high as miners pledge ever more computing power to securing the network.Data from various resources including Blockchain confirms that on July 6, Bitcoin’s seven-day average hash rate reached a new peak.Coin Telegrap

Unstoppable Domains Launches Decentralized Chat Protocol Unstoppable Domains, a Tim Draper-backed startup focused on blockchain-based uncensorable websites, has launched a decentralized chat protocol.The so-called “Unstoppable Chat”, or simply “dChat” aims to promote confidentiality through a peer-to-peer network and end-to-end encryption. Opposed to m