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The market of cryptocurrency has been expecting the approval of an exchange-traded fund (ETF) on behalf of the SEC (Securities-and-Exchange Commission) up till now. Before October, various analysts anticipated that such expectations would be fulfilled during this month. Currently, the sentiments through which these probabilities are driven are getting more robust because the U.S. SEC … Read more
After the initiation of war on crypto by the Recep-Tayyib-Erdoğan (the Turkish president), Coinzo (considered amongst the largest exchanges across Turkey as per the trade volume) will shortly shut down the crypto operations thereof. The exchange is following in the footsteps of Vebitcoin and Thodex, so it declared the shutdown thereof to take place on … Read more
Recently on 27th September, Coinrule (a crypto startup) announced the completion of a seed funding round which collected up to $2.2 million. The startup remained successful in alluring the prominent names in the industry of financial technology (fintech). The firms include Kayak, Twitch, and Fitbit. The startup firm promotes itself to be offering an automated … Read more
An NFT company, Bookblock.io, has partnered with an NGO company in New York, Women for Afghan Women, to further the cause of education for women in Afghanistan. Under the new government run by the Taliban, the rights of Education of Afghan women have been restricted by the fundamentalist militants. Afghan women took to the streets … Read more
Vee Finance (a platform for decentralized finance) seems to have turned out to be the latest prey to DeFi exploit this year. There is not much detail provided about the subject; however, an alert has been tweeted by Vee Finance that mentioned the exploitation of the protocol on 20th September. They stated that the respective … Read more
The advocate and ex-director of a Ponzi scheme named BitConnect, Glenn Arcaro, was found guilty of defrauding charges by the federal court. His involvement in a big conspiracy regarding crypto exchange embezzled more than $2 billion from the investors. The United States Justice Department, based in California’s Southern District, issued this notice on Wednesday, 1st … Read more
As the Taliban are constantly strengthening their control over Afghanistan, the financial aspect of the country undergoes a grand crisis. Cryptocurrency is generally described as a regular means for tackling the rising economic turmoil, and a recent instance is Venezuela seeing a dynamic effect of this method. Although reports suggest that Afghan locals are progressively … Read more
Paul Krugman, an American Economist, is known for winning Nobel Prize in 2008, condemns the industry of cryptocurrency by stating that the only use of this space is for illegal transactions and tax evasion. He commented these words in reaction to an article published by Bloomberg regarding the U.S. infrastructure bill. A lot of criticism … Read more
Binance Markets Limited, the England-based associate of the largest exchange of cryptocurrency all across the world, is currently following the requirements that the United Kingdom’s authority of financial conduct implemented on the firm in June, as stated by FCA on Wednesday. A warning has been issued by FCA against the company as well as its … Read more
The CEO of deVere Group, one of the largest independent financial advisory firms in the world, Nigel Green is one among the few investors in the crypto space that are bullish on Ethereum over BTC. He, however, share similar optimistic sentiments with other Ether enthusiasts on the ETH takeover. Ether enthusiasts believe that the new … Read more
An auditing firm has unveiled its new study on the global finance industry, and the study shows that there has been a shift in the industry owing to the trends initiated by the COVID-19 pandemic. Based on the 2021 Global Blockchain Survey organized by Deloitte, the auditing firm, the future of the finance industry is … Read more
Alibaba, a Chinese e-commerce giant, is initiating an exclusive NFT (non-fungible token) portion in its auction services in an effort to accept blockchain technology. Bit Universe (a section at Tree Graph Blockchain Research Institute) has started an NFT service known as Guang Jian, which is allocated to assist in the NFT bidding and display requirements … Read more