In a newly released proposal, the IRS has invited contractors and individuals to create a tracking tool that can trace all transactions in Monero.
The Mastercard CBDC testing platform presents a virtual testing environment for central banks to evaluate different uses-cases as well as the issuance, distribution and exchange among commercial banks and financial service providers.
This week has brought along slight levels of volatility, alongside price resistance testing for most cryptocurrencies, following the previous week’s drop in value.
The Morgan Stanley executive said that with concerns of rising inflation for 2021, the young and millennial generations prefers Bitcoin over gold as a potential hedge.
The Seoul Metropolitan Police continues its investigation at the Bithumb HQ for an alleged case of fraud involving the exchange chairman.
The pseudonymous SushiSwap creator exited completely by selling off his SUSHI holdings. Chef Nomi received massive heat from the community for his previously controlling half of the coins in the system.
BTC price peak of $12,035 was reported this week, whereas its lowest price was of $10,079. Thus, we’re talking about a $2,000 price difference over a few days. At this moment, the world’s favourite cryptocurrency is trading at $10,509.
BTC dives below $10,000 losing over $1000 in just 24 hours. However, it has made a partial recovery.
In a flash crash, BTC price tanked 5% slipping below $11,000 as investors rushed to liquidate some of the Bitcoin holdings.
Investors of the BXA tokens have pushed a legal case against Bithumb chairman and other executives for illicitly sending those funds overseas and failing to list the tokens.
Buterin said that the Yield Farming protocol personally appeal doesn’t appeal. Neither does he see it as a long-term sustainable means to generate cash flow.
The YFI token price has surged from less than $1000 to a whopping $38,000 in just 45 days making it one of the fastest ever surging cryptocurrencies.
The Winklevoss twins argue that Bitcoin is easier to transport in comparison to other asset class like gold and oil, and more importantly has a fixed supply.
The last week has been affected by quite a bit of volatility, given the fact that most cryptocurrency prices reached a weekly peak value mid-week, which was quickly followed by a decrease to lower prices
The Bitcoin Index Fund will be passively managed and available to qualified and accredited investors with a minimum buy-in requirement of $100,000.
Post the re-denomination, the New DOT tokens have been on investors’ radar seeing high-trading activity on popular cryptocurrency exchanges.
This blockchain system is designed to serve better the young sustainability-conscious customers that helps them track the entire supply chain of their products.
The ex IMF chief economist Raghuram Rajan said that public cryptocurrencies and private cryptocurrencies have a different role and both would be crucial to the global financial ecosystem.
The high Ethereum gas fee due to massive DeFi activity has pushed investors for other Layer 2 scalability solutions like the OMG Network.
During the last week, the cryptocurrency market has undergone a relative level of volatility. Price drops and spikes affected most digital currencies, especially bitcoin.