Whatever happened to the 10 biggest projects from the ICO era?
Projects that raised millions in the ICO era have struggled to gain traction.
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MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO. 228 Total views 2 Total shares The community of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will soon vote on a proposal seeking to increase the Dai…

Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

Bitcoin mining ETF tops equity ETF market in new year’s performance charts
After a tumultuous year, Bitcoin mining ETFs are back in the leading positions in performance charts for the first month of 2023. Own this piece of history Collect this article as an NFTWith the start of the new year, the crypto market has seen a new bullish resurgence, with Bitcoin (BTC) and other altcoins hitting…

Unlicensed crypto exchange operator faces 25 years for laundering $13m
A California resident is expected to plead guilty to charges of operating an unlicensed exchange and laundering more than $13 million. 1202 Total views 7 Total shares 49-year-old peer-to-peer crypto trader, Hugo Sergio Mejia, has agreed to plead guilty to charges of money laundering and operating an unlicensed money transmitting business.The U.S. Attorney’s Office accuses…

EU officials reach agreement on AML authority for supervising crypto firms
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun. 621 Total views 28 Total shares The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto…

SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.

Enterprise-level partnerships send VeChain (VET) price to new highs
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high. 2714 Total views 27 Total shares Real-world partnerships and integrations into thriving industries are some of the best forms of validation for blockchain projects that are seeking long-term sustainability and widespread adoption. They also have…

US Retailer Target Unveils Open Source Blockchain for Supply Chain Tracking
United States-based retail giant Target is creating an open source blockchain project for supply chain tracking, according to an official blog post from the company’s VP of architecture on April 22.According to the post, Target ran a pilot test using blockchain technology to certify its paper products along the supply chain in 2018. The blockchain…