It's time to ditch Bitcoin Power Law Theory

The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor. 160 Total views 1 Total shares Own this piece of history Collect this article as an NFTCash Cloud, the operator of Coin Cloud digital currency automatic teller machines (ATMs) in…

The lower house in the parliament of India approved updates to a bill that would ease data storage, processing and transfer standards for BigTech companies. 155 Total views 2 Total shares The lower house of India’s parliament voted in approval of a bill that will ease data compliance regulations for Big Tech companies, according to…

Altcoin XRP has received fresh claims its price is artificially high as a well-known cryptocurrency trader warns of serious losses. Brandt: Ripple manipulated XRP for yearsIn a series of tweets Aug. 14, Peter Brandt accused the issuer and largest holder of XRP tokens, Ripple, of price manipulation. XRP had dropped to its lowest level against Bitcoin (BTC)…

Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FTX crisis may be reducing.Usually, smaller investors panic and dump…

Kraken’s potential European regulatory jurisdictions reportedly include countries like Malta, Luxembourg, and Ireland. 688 Total views 86 Total shares Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving…

Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency. 784 Total views 3 Total shares A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked

The decentralized finance (DeFi) world saw another week of increased on-chain and developer activity even when the overall market cap took a slight dip amid overall market retrace. The creators of the popular play-to-earn nonfungible token (NFT) game Axie Infinity raised $150 million to reimburse hack victims of the Ronin bridge exploit.The decantralized application, o…