Crypto news

Years after halting its services, the saga with BitConnect has taken another turn as the SEC has filed an action against the founder and some of the promoters. The Commission has alleged that they have swiped more than $2 billion from retail investors through an unregistered offering of digital assets. The SEC Files Charges Against BitConnect Founder Launched in early 2016, BitConnect promoted itself as a platform with a highly advanced trading bot that urged users to deposit...

John Paulson – an investor with billions of dollars to his name – is no fan of bitcoin and has apparently joined the “Warren Buffett” club of billion-dollar bitcoin haters. John Paulson Thinks Crypto Is “Worthless” In a recent interview, Paulson – the co-founder of the Carlyle Group – described bitcoin as a “limited supply of nothing.” He further stated that the entire crypto industry was a huge “bubble” that would eventually prove itself to be “worthless.” The Carlyle...

HANOI, Vietnam / September 2, 2021 / Nafter is all set to launch the world’s first and only NFT social network for the global audience that could give Instagram a run for their money. The team behind the NFT social media platform announced that a web app will be available worldwide for everyone to access starting September 3. The NFT social network is a one of the kind platform and also an industry-first that would allow artists and influencers to mint NFTs in the form...

The largest bank in Russia – Sberbank – plans to register its blockchain platform with the Bank of Russia by mid-September. The financial institution has also started creating functionality for issuing digital financial assets (DFA) of third parties. Sberbank’s Next Crypto Move According to a recent report by the Russian media TASS, the local banking giant – Sberbank – is on its way to register a blockchain-based platform for issuing digital assets with Russia’s central...

Technology is one of the primary factors that have contributed to the growth of online casinos. Today gamers enjoy convenience and security in cryptocurrency casinos. Players use crypto to make payments and purchase amenities anonymously. Cryptocurrency has attracted many gamers by offering fast transactions, low-cost transactions, and decentralization. However, most gamers are not yet equipped with knowledge of how a crypto casino works and may end up making wrong...

The team behind the third-largest cryptocurrency by means of market capitalization – Cardano – announced that they’ve successfully added smart contract capabilities to the current testnet of the platform. Smart Contracts Live on Alonzo In an announcement made on September 2nd, Input Output – the research and development company behind Cardano – revealed that they’ve successfully updated the Alonzo testnet to now include Plutus smart contract capabilities. Yesterday, we...

ETH/USD – Ether Explodes After Triangle Breakout Key Support Levels: $3640, $3510, $3400.Key Resistance Levels: $3825, $4000, $4060. Ethereum penetrated the consolidation pattern this week, which was in play since mid-August when the coin failed to break resistance at $3350. This resulted in it forming a symmetrical triangle pattern for the second half of August and gaining about 17% in a week. On Tuesday, ETH bounced from the 20-day MA and broke above the symmetrical...

Changpeng Zhao – Founder and Chief Executive Officer of Binance – said the US arm of the cryptocurrency exchange could follow Coinbase and have an initial public offering in the next 36 months. In a recent interview with The Information, the head of Binance – Changpeng Zhao – revealed that Binance.US – the company’s affiliate in the States – plans to launch an IPO in the next three years: “Binance.US is just going to do what Coinbase did.” – said Zhao. Coinbase – another...

The meteoric rise in the price of the meme-inspired cryptocurrency, Dogecoin, has prompted many other versions of “crypto dog” tokens with the hope of getting a similar effect. While most of these projects have experienced failures due to lack of exposure and liquidity, some appear to be making waves and drawing the attention of the crypto community. Dogecoin 2.0 (DOGE2), a Dogecoin copycat that was launched on the Binance Smart Chain Network earlier in May, has seen a lot of...

[PRESS RELEASE – Road Town, BVI, 1st September 2021] Evrynet is proud to announce a successful round of funding to the tune of $7 million. The round was comprised of numerous high-profile investors and backers. With the funds, Evrynet can bring decentralized finance to an institutional-grade audience. Evrynet, the team behind the Evry.Finance DApp, aims to bring institutional investor-friendly features to participate in decentralized finance. Additionally, the team caters to...