XMR’s bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month. Monero (XMR) has shown a surprising resilience against the Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week.  XMR’s price closed...Continue Reading

In the future, India’s NDSL and the Securities Board division will welcome other entities to join the decentralized network. The National Securities Depository (NSDL), India’s central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform.  NSDL officially launched the distributed ledger technology (DLT) platform on Saturday, May 7, during its 25th anniversary presentation,...Continue Reading

Hardware wallet-based staking offers more security and freedom than staking via software wallets and crypto exchanges, according to the head of Ledger Enterprise. As cryptocurrency staking is growing increasingly popular, one may wonder about staking opportunities of not only crypto exchanges or software wallets but also hardware wallets. By definition, staking allows investors to earn...Continue Reading

The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site. SBI Motor Japan, a subsidiary of SBI Africa Co., Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and XRP. As per the announcement by SBI on Monday, the development marks...Continue Reading

The Central African Republic adopting crypto puts monetary stability in “peril” according to a letter from the Governor of the Bank of Central African States. The governor of the Bank of Central African States (Banque des États de l’Afrique Centrale, BEAC) has issued a scathing letter to the Central African Republic (CAR) regarding the country’s...Continue Reading

NEAR Foundation backs Kenya-based blockchain community Sankore to educate and train blockchain developers and analysts to support the growth of local projects. Kenya-based blockchain community Sankore has partnered with Swiss nonprofit NEAR Foundation to launch a regional hub that aims to develop talent within the region and build projects that aim to improve the local...Continue Reading

Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities. Binance TR, the Turkish arm of crypto exchange Binance, has warned investors in the region of an ongoing scam attempt that targets crypto investors via fake Binance-branded billboards and hoardings....Continue Reading

Clouds on the horizon grow nearer as markets prepare for more inflation cues this week. Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers? After falling to nearly $33,000, the largest cryptocurrency is giving market participants, new...Continue Reading

LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST. Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion worth of capital to “help...Continue Reading

The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode. The number of Bitcoin whales is rapidly decreasing to levels not seen since earlier this year, possibly due to the three-month high of coin inflows to centralized exchanges...Continue Reading