Wyoming has created a piece of legislation that will recognize Decentralized Autonomous Organizations (DAOs) as legitimate enterprises in the United States. On March 18th, the Wyoming Senate voted 28-2 to push a law that many are calling ‘the Wyoming DAO bill’, to Wyoming’s house of representatives, where it will be voted […]
A group of Bitcoin (BTC) mining companies have put their weight behind Standard Hashrate and its recently launched TAU Protocol, a synthetic asset platform using hash rate derivatives for its peg mechanism. Announced on Friday, the TAU project aims to create algorithmic versions of Bitcoin and other proof-of-work assets through […]
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud prevention […]
2021 may be year of the bubble: BTC has almost doubled in a matter of months, Tesla reached a record high despite missing earnings for four consecutive quarters, and a non fungible token (NFT) based on art by digital artist Beeple sold just sold at auction for US$69.3 million. There’s […]
Introduction According to a Bloomberg report, the Commodity Futures Trading Commission (CFTC) is investigating Binance Holdings Ltd. for permitting U.S. residents to access certain services. This follows the CFTC’s action against BitMEX for violating multiple regulations and Coinbase Global Inc.’s recent disclosure of an extensive CFTC investigation. To those that […]
Today, Litecoin slumps to $196 low and immediately the bulls buy the dips to push LTC upward. Since the March 13 drawdown, the LTC/USD price has been in a downward correction. The price has been consolidating above $195 but buyers have failed to push LTC above the $200 price level. […]
As Bitcoin continues to create new all-time highs, we caught up with Erik King, the founder of popular gambling guide Gambla.com to discuss the prevailing trends in online gambling. We asked King a few questions and this is what he had to say: Q: Let us start with the basics, […]
Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement. According to an official announcement Friday, Manchester City has partnered with fan engagement platform Socios.com to launch the CITY fan token on the Chiliz blockchain. […]
Bitcoin’s (BTC) market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,” according to Deutsche Bank analysts. Deutsche Bank Research, the financial research subsidiary of global banking giant Deutsche Bank, issued a report devoted exclusively to Bitcoin, titled “The Future of Payments: […]
Morgan Stanley has entered into negotiation to acquire stakes in Bithumb, the largest South Korean cryptocurrency exchange, according to local media Asiae. An anonymous source from within the exchange has revealed that the US investment bank has approached Vidente, which owns around a 10 percent stake in Bithumb Korea, and […]
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