Non-custodial cryptocurrency exchange ShapeShift has completed its second airdrop of FOX tokens — dubbed “fairdrop” — as part of a broad decentralization pledge that was first announced in July.  The airdrop of 6,613,000 FOX tokens was distributed to over 33,000 DAO community members, ShapeShift announced Tuesday. These holders were previously […]

The Cryptocurrency Bill, introduced earlier in the parliament, has created quite a stir in the market regarding the future of cryptocurrency trading in India. The status quo is that no form of cryptocurrency trading is considered legal tender in India. There are steps that the government is going to take […]

Bitcoin has once again recovered from what looked to be the beginnings of another bear market. The crashes had left the price of the digital asset struggling in the market, putting the bears ahead. With the recent rebound above $44,000, the bulls have obviously wasted no time in taking back […]

Umbrella Network, the decentralized Layer-2 oracle solution, has announced its acquisition of Lucidity, a blockchain platform that provides transparency to digital advertising, for an undisclosed amount. With this integration, Lucidity customers such as Hyundai Genesis, KFC and Grand Junction, CO will be powered by the Umbrella Network, solidifying its place […]

America’s biggest bank, JP Morgan, is under investigation in Brazil for bribery and money laundering regarding the purchase of 300,000 barrels of oil from Petrobras. That purchase was in 2011, but police is investigating whether it continued according to Reuter’s unnamed sources. The country’s federal police are working to determine […]

big xyt announced that it has secured Gilles Meyruey as its new Head of Business Development for Continental Europe, effective immediately. According to an official press release shared with Finance Magnates, Gilles Meyruey, a financial executive veteran with more than three and a half decades of experience, has been hired […]

IXecx is an umbrella project of the The Confidential Computing Consortium Foundation.IXec builds open-source software aiming to “decentralize the cloud”. Blockchain technology is used to organize this marketplace where users can rent their computing power, data, or applications. IXec also offers consulting and support to companies in the development of […]

EOS price is trading in a bearish zone below $5.00 against the US Dollar, similar to bitcoin. The price could recover as long as it is above the $4.00 level. EOS Price Analysis This past week, EOS price saw a major decline from well above the $5.20 resistance zone against […]

Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking to hold crypto assets on their books. In June of this year, the BCBS had published a consultation paper which assigned […]

The network activity of Ethereum has jumped substantially since the start of this week amid the price volatility of ETH. Whale Alert, a prominent blockchain tracking and crypto analytics platform, recently highlighted a transaction worth $215 million involving the transfer of 71,191 Ethereum from an unknown wallet. The mentioned transfer […]