SUI, Zcash (ZEC) and Helium (HNT) outperform everything except memecoins — Here is why
ZEC, HNT and SUI produce double and triple-digit gains even as the wider crypto market continues to reel from last week’s sharp correction.
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EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament. 470 Total views 4 Total shares The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday…

Bitcoin DeFi takes center stage
A wave of new projects and innovations is bringing increasing utility to the Bitcoin ecosystem.

Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept
Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals. 351 Total views 4 Total shares Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade…

Blockchain-Powered App Helps Mongolian Herders Trace Cashmere
Toronto-based startup Convergence.tech has successfully concluded a blockchain-based pilot to help Mongolian nomadic herders track and certify sustainable cashmere.The supply chain project, which was conducted with the United Nations Development Program (UNDP), is powered by Convergence.tech’s Ethereum-based traceability platform, Backbone.Convergence.tech chose to focus on cashmere herders for its pilot, as many of these individuals face…

Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts
Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.

US CFTC Chair: Blockchain and Crypto Are Two Key Phenomena Transforming Today’s Markets
United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has said the agency’s fintech innovation hub LabCFTC is the regulator’s internal stakeholder in a landscape of exponential technological change and market evolution.Giancarlo made his remarks during his last appearance as CFTC chairman before the 44th Annual International Futures Industry Conference on March 14,…

ICE Reveals Cryptocurrency Intelligence Program Targeting P2P and Darknet Markets
The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal.The proposal states that the CIP seeks to identify unlicensed capital flows taking place across peer-to-peer (P2P) marketplaces, online forums, and darknet markets. The CIP was developed by ICE’s Bulk Cash Smuggling…

There is room for the Metaverse in 2022, but the virtual space is far from perfect
It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even stay healthy — is a hard one to refuse.This is especially true when considering that these platforms are…