News

USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%

October 17, 2022 0

19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has

News

Biggest Movers: QNT Climbs to Highest Point Since Last December

October 17, 2022 0

Quant was one of the big movers in crypto markets to start the week, as the token rose beyond $200, hitting its highest point since last December. The move means that the token has now risen by nearly 40% in the last seven days. Monero was another notable gainer, rising for a second straight day. […]

News

Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC

October 17, 2022 0

During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth around $1.1 billion using today’s exchange rates. $1.1 […]

News

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 to Start the Week

October 17, 2022 0

Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to […]

News

Blockchain Security Company Hexens Raises $4․2 Million in Seed Funding Led by IOSG Ventures

October 17, 2022 0

PRESS RELEASE. Hexens, a cybersecurity boutique and blockchain startup, announced the closure of a $4.2 million seed round led by IOSG Ventures, the leading Web3 Venture Capital. Other investors include Delta Blockchain Fund, ChapterOne VC, Hash Capital, ImToken Ventures, Tenzor Capital, and angels from Polygon and other blockchain projects. Hexens disrupting products

News

Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows

October 17, 2022 0

Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine. Industry experts behind the study say that bitcoin’s lower valuation and financial restrictions increasingly limiting access to the crypto market are the key reasons. Telegram Crypto […]

News

Report: Ghanaian Currency Slips to Another Low Versus the US Dollar

October 17, 2022 0

After it slipped to a rate of about 12:1, the Ghanaian cedi became the latest African currency to touch a new low versus the U.S. dollar, albeit on the unofficial foreign exchange market. Having started 2022 trading around 6.25 per dollar, the cedi has now lost over 90% against the appreciating greenback. Protest Against the […]

News

Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments

October 17, 2022 0

The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using third-party payment processors. Curitiba Might Accept Crypto for Paying

News

Report: South Korean Prosecutors Seek Software to Track and Monitor Crypto Transactions

October 17, 2022 0

South Korean prosecutors investigating a $7.22 billion money laundering case are reportedly seeking to acquire virtual currency tracking software to be used in monitoring crypto transactions. South Korean financial authorities also believe there is a tax evasion angle to the case. Real-Time Tracking According to a report, the Seoul Central District Prosecutors Office,

News

Report: Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender

October 17, 2022 0

Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individuals who reject or refuse to accept legal tender will be fined between $123 and $1,230. Improving Macau’s Legal System An executive council of Macau, an […]