India tops global crypto use despite offshore exchange ban

Bitcoin (BTC) could still crash to $29,000 and lower, but price action is "healthier" than a week ago, the latest research concludes.In a fresh market update on Friday, analysts at trading suite Decentrader said that BTC price action is finally showing "green shoots of optimism."Eyes on "near-term relief bounce" for BTCAfter a difficult week in…

The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election.“Weird Binance fud Friday and weird huobi arrest fud today,” tweeted MyCrypto CEO Taylor Monahan, referring to an…

Projects that raised millions in the ICO era have struggled to gain traction.

The Japan Virtual Currency Exchange Association (JVCEA) will obligate its member exchanges to place limits on the trading activity of some clients, Cointelegraph Japan reports today, July 28. The self-regulatory body has reportedly established a policy of to require its member crypto exchanges to place maximum limits on the volumes traded by the exchanges’ customers.…

A new system that functions primarily at the social layer will soon be managing Yearn's grant program 532 Total views 7 Total shares Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget — just one initiative in a wider effort…

The Enterprise Ethereum Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph.At DevCon4 today in Prague, the EEA announced the release of its Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5.…

“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. 216 Total views 50 Total shares The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect.In a Nov. 16…

A Melvin Capital client claims that the firm has "massively de-risked" its investment portfolio following the controversy involving short-selling GameStop stocks. 2429 Total views 9 Total shares Melvin Capital started 2021 with $12.5 billion in assets before retail investors from Reddit caused the firm to lose billions on its GameStop short positions.According to a Wall…