Why is the crypto market down today?

In 2021, the Australian branch of the Red Cross received $90 million to aid the victims of the bushfires that plagued various regions of New South Wales and Victoria. However, the organization soon came under fire for its lack of transparency when it revealed that it would only distribute around one-third of the intended funds on

Is Busan a "blockchain city" in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a "regulation-free" zone for blockchain development by the…

Circle plans to fully integrate its stablecoin USDC with USDY, making it “the preferred form” of yield-bearing collateral. Circle, the creator of stablecoin USDC (USDC), announced on March 13 plans to bring its Hashnote Tokenized Money Market Fund (TMMF) under Bermuda regulatory oversight through the company’s existing Digital Assets Business Act (DABA) license. Hashnote, which Circle

An agent of the U.S. Drug Enforcement Administration (DEA) has noted that Bitcoin’s (BTC) role in crimes has dropped to just 10 percent of transactions, while transactions themselves have “grown tremendously,” Bloomberg reports August 7. In an interview, DEA special agent Lilita Infante — who is a member of the 10-person Cyber Investigative Task Force…

Just a decade ago, speculating on cryptocurrency prices meant figuring out a way to buy Bitcoin (BTC) and add it to your blockchain wallet. This was a feat that was worthy of bragging rights: In 2010, there were few exchanges, low liquidity and barely any infrastructure, meaning that crypto was less a financial instrument and more…

The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very concerned that price manipulation via pump and dump schemes…

Exactly 3% of the United States Senate attended the Texas Blockchain Summit on Friday, all addressing their fellow lawmakers' understanding of crypto and blockchain. 307 Total views 9 Total shares Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than…