The policymaker has continued to stake a claim for the crypto asset industry for his agency tasked with regulating securities in the United States. According to Gensler, cryptocurrencies should be regulated the same way as securities. In a speech on reducing risk and increasing transparency of derivatives at the International Swaps and Derivatives Association Annual Meeting on May 11, he said: “Most crypto tokens involve a group of entrepreneurs raising money from the public...
Read More »Anade Davis Establishes Crypto “Banqs” for Underprivileged People
Anade Davis may have started out as a struggling Uber driver, but he has since entered the blockchain space and turned himself into a very rich, very successful young man. Anade Davis Is Creating Crypto “Banqs” for Everyone Davis is the inventor of what are known as “decentralized banqs.” He has managed to raise more than $200,000 for his crypto project on Wefunder.com. These “banqs” as they’re called are individualized platforms that allow both people and businesses to...
Read More »Terra Blockchain Officially Halted to Prevent Governance Attack
Terra validators have reportedly decided to freeze Terra’s blockchain due to LUNA’s collapsing market price. The team argues that at such low costs, a whale buyer could easily commit a governance attack on the network. The chain was officially frozen at block 7,603,700, making native transactions on Terra’s blockchain impossible. Terra (LUNA), which has seen a price collapse of over 99% within the past week, also serves as the protocol’s governance token. Governance tokens...
Read More »Cardano’s Charles Hoskinson Predicts How Long This Crypto Winter Will Last
Bitcoin plunged to a 16-month low, while the altcoins suffered even more in the past week or so. Despite bouncing off and reclaiming some ground, the situation is still dire, and Cardano’s Charles Hoskinson provided his outtake on it. Charles Hoskinson’s Views Cardano Founder Charles Hoskinson noted that the market is deep in a new crypto winter, and it will take weeks or even months for a bottom to appear, following which there will be some respite. According to him, the...
Read More »Axie Infinity (AXS) Releases Origin Android APK
Axie Infinity Shards (AXS) appear to be one of the only cryptocurrencies to trade up slightly in the past 24 hours, despite the current bear market. Buyers appear optimistic over the blockchain game’s Origin Android APK launch, announced over Discord on Thursday. According to the announcement, the update will include UI improvements, and a “full HD graphic” option in the game’s settings. It will also make the game run at a faster pace by having all status and rune effects...
Read More »Bitcoin Crash sorgt für Panik im Markt
Der Support bröckelte in den vergangenen Tagen weiter, so dass Bitcoin erst unterhalb von 30K wieder stabil wurde – der Markt reagierte mit Panik. Doch es gibt auch gute Nachrichten, die man erkennt, wenn man sich die langfristigen Daten des BTC-Preises ansieht. Bitcoin News: Bitcoin Crash sorgt für Panik im MarktAktuell ist der Bitcoin nur noch 28.400 US-Dollar wert. Ein neues Jahrestief vom Wochenanfang wurde damit nochmals unterboten. Doch die allgemeine Panik des Marktes lässt sich mit...
Read More »Renewable Energy Plants – The New Gold Mines of the 21st Century
Experts believe new-age renewable energy plants are the gold mines of the 21 century. These offer environmental benefits, low investment risk, consistent cash flows, explosive demand, and reduced operating costs. All these factors clubbed together make renewable energy plants the future of the industry. When you add carbon credits to the picture, it becomes one of the most lucrative investment options. And this is where Sinan Energy is unique by offering carbon credits...
Read More »EOS Price Analysis: More Losses Possible Below $1.20
EOS price started a fresh decline from the $1.80 resistance against the US Dollar. The price is now trading below $1.5 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend its decline below the $1.20 support zone in the near term. EOS price is gaining pace below $1.40 against the US Dollar, similar to bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bears Aim Test of $50
Litecoin started a fresh decline from the $85 resistance against the US Dollar. LTC price is now trading below $75 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $66 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could accelerate lower towards the $52 and $50 support levels in the near term. Litecoin price is gaining pace below $70 against the US Dollar, similar to bitcoin. LTC...
Read More »Europol Adds OneCoin’s Crypto Queen Ruja Ignatova To Its Most Wanted List
In the same way that the adoption of cryptocurrencies increased worldwide, so did the Ponzi schemes and other frauds related to the crypto ecosystem. OneCoin is one of the most obvious examples; but Europol is focused on closing the case and put its promoters behind bars —no matter how long it takes. On May 11, Europol added Ruja Ignatova, founder of the OneCoin Ponzi scheme, to its list of Europe’s most wanted fugitives, offering a reward of up to €5,000 to anyone who helps...
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