EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development company behind EOS, resigned in late 2020.EOS price at Bitfinex…
sponsored Spellfire, a legendary card-based NFT game powered by Ethereum and incorporating some unique features, has successfully completed its seed funding round. Terranova, x21 and Autonomy Capital have led 360,000 USD investment into the project, with more investors eyeing spellfire’s incoming private round. Spellfire has some unique features which make it stand out among its peers in the industry. NFTs…
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value.One project that has seen its token price rally to a new all-time high following the launch of a highly anticipated upgrade is Terra (LUNA),…
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with CNBC’s “Squawk Box” that aired on October 5. Yellen claims there’s an “enormous tax gap” and she insists financial information concerning where income derives from can get “hidden.” Janet Yellen Says ‘Collection of Information Is…
Blockchain analytics firm Chainalysis has purchased cybercrime investigative company Excygent for an undisclosed amount, hinting the two will continue to work together to help “dismantle ransomware operations.”In an Oct. 5 announcement, Chainalysis CEO Michael Gronager said the firm had collaborated with Excygent on projects including seizing cryptocurrency connected to the now defunct darknet market Silk Road, shutting down a major…
Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset’s integration within the theater’s payment options. Following the…
An official from the Office of the Attorney General has said the United States government is going to take a more active role in enforcement action against actors using cryptocurrencies for money laundering and other cybercrimes.Speaking at the Aspen Institute Cyber Summit on Wednesday, Deputy Attorney General Lisa Monaco said the Justice Department had launched the National Cryptocurrency Enforcement Team,…
High commissions in the Ethereum cryptocurrency network are breaking all records. In 2021, the average commission exceeded the $20 mark and continues to grow. This is due to the hype around Ethereum-based decentralized finance (DeFi) tokens that slows down the work of the blockchain. However, there is one project called MATIC that offers a Layer 2 solution to increase the…
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk of default. Joe Biden spoke about the debt ceiling and told Republicans to “just get out of the way” when it comes to the decision. Meanwhile, a number of U.S. bureaucrats are floating the idea of minting a…
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher. Source link
