Enforcers around the world are demonstrating their interest to the industry’s largest players. Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United...Continue Reading

The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future.” United States-based crypto exchange Binance.US said it will be delisting the AMP token “out of an abundance of caution” of possible enforcement by federal regulators.  In a Monday blog post, Binance.US said...Continue Reading

A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results improved from last year. On Friday, Chicago Board Options Exchange (CBOE), the largest options exchange in the United States, announced its second-quarter earnings results. Of particular interest was its total operating expenses, which soared 685% year-over-year from $160.6 million. CBOE...Continue Reading

MATIC’s market cap is 69% below its all-time high, and the network’s TVL and DApp data haven’t picked up recently. Polygon (MATIC) had a promising July, gaining an impressive 83% in 30 days. The smart contract platform uses layer-2 scaling and aims to become an essential Web3 infrastructure solution. However, investors question whether the recovery...Continue Reading

The firm, whose data centers are located in the United States, generated $40 million in sales last year. On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Leverage Acquisition Corp I. ‍ Social Leverage...Continue Reading

BTC price action avoids a disappointing monthly close, but market players are demanding more proof of fundamental strength. Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average gets big attention Data from Cointelegraph Markets Pro...Continue Reading

Anyone can buy the newly launched NFTiff, but Punk holders who own an NFTiff can also redeem it for a custom pendant. On Monday, the trading volume of CryptoPunks, one of the sector’s most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH) worth of Punk NFTs was traded...Continue Reading

“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James. New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a...Continue Reading

Backwardation reflects a market condition wherein spot prices trade higher than future prices. Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum quarterly...Continue Reading

Blockchain technology has proven to be transparent and could make international trade transparent and even more secure. Since time immemorial, technological innovations have shaped the structure of commerce and trade. The discovery of electricity encouraged mass production and the advent of steam engines ushered in an era of mechanized production.  From information to communication, technology...Continue Reading