Crypto news

Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $40,000 and then $40,800 to start a fresh increase in the near term. Bitcoin price is struggling to settle above the $40,000 resistance against the...

INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bobatama (BOBA) on March 16, 2022. For all users of LBank Exchange, the BOBA/USDT trading pair is now officially available for trading. Bringing the first ever EVM compatible multi-chain ghost wallet to the world, Bobatama (BOBA) is here to be the best TAMA on the Ethereum network. The BOBA token has been listed on LBank Exchange at 21:00 (UTC+8) on March 16, 2022,...

The Shanghai Public Security Bureau and the Yangpu Public Security Bureau conducted a joint investigation on pyramid schemes using cryptocurrencies. Shortly after, the authorities busted an online platform, which drained nearly $16 million in digital assets from its victims over the years. Shanghai’s First Cracked Crypto Pyramid Scheme According to a local report, the organization started its illegal activities in June 2020, and its leader was a criminal suspect named Mou....

The popular ecosystem for non-fungible tokens – Enjin – launched the first NFT parachain on Polkadot. Following the initiative, the former vowed to support CryptoBlades and its more than one million users. The First NFT Parachain Launched on Polkadot At the end of 2021, Enjin’s NFT project – Efinity – won Polkadot’s last parachain auction for the year with a fundraiser of over $214 million worth of DOT. Back then, the blockchain protocol noted that Efinity will go live in...

Mark Zuckerberg – CEO of Meta (formerly Facebook; owner of Instagram) revealed today that Instagram will be integrating NFTs into its platform. Speaking at SXSW, the billionaire confirmed that the digital collectibles would come to Instagram “in the near term”. He shared little detail about what role NFTs would play on the platform, but suggested that people could both show off their current NFTs, and even mint new ones. “I’m not ready to kind of announce exactly what that’s...

Lack of expertise in blockchain and digital currencies is making investigations into fraud cases not only tricky but also susceptible to new scams. In one such case, the police in Indian city Pune have arrested two persons who were hired to help the probe into a crypto fraud case registered in 2018. What is the Case? According to the Pune police, it hired Ravindra Patil and Pankaj Ghode to assist in the investigation of a fraud case involving digital currencies. Ravindra...

Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against Russia and cut off business stemming from that neck of the woods. To make sure this happens, she is now drafting a bill that she believes will make it much more difficult for countries or individuals to use crypto in the future to evade sanctions. Elizabeth Warren Is Clearly...

Elliptic – a blockchain forensics firm – has reportedly given authorities information about a digital wallet that could possibly be linked to sanctioned Russian entities. It apparently stores “significant asset holdings,” amounting to millions of dollars worth of crypto. Caught Using Crypto? In an interview with Bloomberg on Monday, Elliptic co-founder Tom Robinson noted that cryptocurrencies can be used to evade sanctions. This has been a growing concern among officials...

The Japanese authorities reportedly urged local cryptocurrency platforms to stop facilitating digital asset transactions subject to sanctions against Russia and Belarus. The Asian nation is among the superpowers that imposed financial penalties on the largest country by landmass. Previously, Japan froze the assets of nearly 50 Russian and Belarusian oligarchs alleged to be part of Putin’s inner circle. Japan’s Way to Oppose the War Russia’s “special military operation” in...