Ripple dropped like a dead weight in the air amid the declines on Monday and Tuesday. The widespread losses left no stone unturned, with the majority of cryptocurrencies posting double-digital losses. XPP could not secure support and the 200 Simple Moving Average (SMA) on the 4-hour chart, culminating in losses […]

Tesla CEO Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and a slump in his company’s stock that some analysts believe are correlated.  Tesla stock (TSLA) has dropped 21% from its high of $890 on January 26, accelerating those losses over […]

Cryptocurrency traders and investors in India are among the latest casualties in an increasing trend of personal account closures by global banking operations.  India’s parliament is currently contemplating a nation-wide crypto ban which local industry critics, such as former Coinbase CTO Balaji Srinivasan have compared to “banning the internet for […]

Square Inc. (NYSE: SQ), the San Fransisco-based payments company revealed on Tuesday that it had purchased a further 3,318 bitcoins worth $170 million. Detailed in Square’s fourth-quarter earnings report for 2020, the company founded in 2009 by Twitter co-founder Jack Dorsey and still 24.4% owned by Jack Dorsey, the bitcoin purchase […]

In the latest feat of decentralized finance (DeFi) money lego magic, lending platform Aave and automated market maker (AMM) Balancer have teamed up on a hybrid liquidity-and-lending feature that may significantly fatten depositor yields. In a blog post today, Balancer CEO Fernando Martinelli unveiled plans for the project, dubbed the […]

In line with the vision of becoming a truly global fintech entity, Deriv has now extended its footprint to Africa by opening a new office in Rwanda. A Mission of Growth Through Diversity A central part of Deriv’s global expansion plan is to encourage diversity in its teams and support […]

PRESS RELEASE. February 23, 2021 – OpenSea, the largest marketplace for blockchain-enabled non-fungible tokens (NFTs), is in the process of building support for Flow, a blockchain built for mainstream consumer scale originally created by Dapper Labs, the company behind CryptoKitties and NBA Top Shot, which has recently reached over $150 […]

Bitfinex and Tether settled with the New York Attorney General office in the landmark case against Tether. New York authorities alleged that Tether misrepresented the degree to which Tether (USDT) coins were backed by fiat collateral. The settlement requires Bitfinex and Tether to pay $18.5 million for damages to the […]

Decentralized vs Distributed Many people believe that the words “decentralized” and “distributed” are synonyms—but they’re not regardless of what the Bitcoin talk to date has lead you to believe. To be decentralized means to not be controlled by a single entity; to be distributed means to be spread-out. Although the […]

Twetch’s Josh Petty joins Bitcoin’s Got Talent judge panel for episode 2 Bitcoin’s Got Talent episode two has just been released—and Josh Petty one of the creators of Twetch, aka Coin Yeezy, aka Elon Moist, is the guest judge. In episode 2 of Bitcoin’s Got Talent (BGT), Marcus McMahon, Melissa […]