Twitter’s new owner, Elon Musk, appears to support the idea after vowing to cut down on the social media network’s spam problem. On Sunday, American entrepreneur Marc Andreessen posted a screenshot of what appears to be a Twitter user impersonating his name to promote a “free crypto” giveaway. “What algorithm could possibly catch this type...Continue Reading

A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable. The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring.  On April 25, bill S8839 was proposed in the New York State (NYS) Senate that would...Continue Reading

The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet. The Chivo wallet was launched in...Continue Reading

The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022. Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks....Continue Reading

Decentralized autonomous organizations are providing relief from some of the problems that plague fundraising. The crypto space witnessed phenomenal growth in 2021. Buzzwords like nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse broke through to the mainstream and culminated in the crypto market peaking at over $3 trillion in November of 2021.  NFTs redefined...Continue Reading

A Canadian journalist recounts the story of when he went to North Korea to participate in a crypto conference that’s full of surprises. When North Korea announced a crypto conference back in 2018, Canadian journalist Ethan Lou jumped at the opportunity to see what the country’s crypto scene looked like. He encountered many surprises, including...Continue Reading

The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers. The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, forcing crypto exchanges, virtual private network...Continue Reading

The U.S. central bank will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement. Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever. The monthly close placed BTC/USD firmly within its established 2022 trading range, and...Continue Reading

The evident reduction in the installations of crypto ATMs could result from the regulators’ hesitance to adopt the Bitcoin ecosystem. April 2022 marked the fourth consecutive month of a slowdown in the installation of Bitcoin (BTC) ATMs, ever since the slowdown began at the start of the year. BTC ATMs serve a crucial purpose for...Continue Reading

Otherdeed NFTs top the “burn leaderboard” over the past seven days at roughly 55,816 ETH or 56% of all burns during that period. The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.” Yuga...Continue Reading