The heads of the world's top 20 economies, jointly referred to as the G20, are advocating for the swift adoption of a cross-border framework for cryptocurrency assets. Continue Reading
Starting Monday, National Australia Bank (NAB) will enforce payment blocks to high-risk cryptocurrency exchanges, potentially including Binance. This measure is aimed at curbing fraud and scams within the financial institution.Continue Reading
The debt ceiling has been raised by the House, but Larry Fink suggests that trust in the US dollar is diminishing, potentially benefiting Bitcoin.Continue Reading
FTX Founder Sam Bankman-Fried Arrested in the Bahamas on U.S. Charges Sam Bankman-Fried (SBF), the founder of the troubled cryptocurrency exchange FTX, has been arrested by the Royal Bahamas police upon the U.S. government’s request. Acting on a sealed indictment, SBF was detained by authorities, just a day before his scheduled testimony before Congress. The...Continue Reading
FTX to Be Acquired by Binance, Revealed in Unexpected Letter of Intent FTX, in an unexpected twist, was announced by Binance on Wednesday to be acquired through a letter of intent. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange...Continue Reading
Understanding the USD’s Impact on Cryptocurrency Investments The US dollar (USD) has strengthened significantly over the course of 2022 as the Federal Reserve hiked interest rates in an effort to quash hyperinflation. The U.S. Dollar Index, which measures the greenback against a basket of other currencies, is up nearly 18% so far this year. ...Continue Reading
The Future of LUNA and Algorithmic Stablecoins LUNA (UST), a digital token with a once $16 billion market capitalisation that is designed to maintain a 1:1 peg with the dollar, known as a stablecoin, nosedived over the past 36 hours. Its price fell below $0.65, before somewhat recovering to $0.93 as yesterday before tumbling...Continue Reading
Crypto Mining Industry at Bitcoin Miami At Bitcoin Miami, a significant spotlight was on the Crypto Mining Industry, marking it as a central theme throughout the four-day event. Held from April 6th to 9th, the conference served as a gathering point for cryptocurrency enthusiasts aiming to bolster Miami’s standing as a pivotal hub for blockchain...Continue Reading
What is LOKI? LOKI was a decentralised, open-source privacy project and encrypted messenger built on the CryptoNote protocol, the same base that underpins Monero. It was founded in early 2018 by an Australian team and raised a reported US$9 million in a private sale that year. The coin became mineable on the CryptoNight Heavy algorithm...Continue Reading
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