Tron’s DeFi Volume Surged by 2,577% in Q3, 2020

Tron has seen remarkable growth in Q3 2020 as its transaction volume surged by 2,577% during the period. Besides DeFi growth over the Tron network, the price value of token has also shown a significant increase. DappRadar’s Report DappRadar released its report entitled “Q3 Dapp Industry report,” which shows incredible growth over the Tron ecosystem. […]

What are Three Major Developments in Crypto Space in 2020?

The year 2020 is a very important year for cryptocurrency due to three main things. First, institutional investors are entering the crypto space. Second, several central banks are planning to roll their digital currencies. Third, global regulators are proposing comprehensive charts of regulatory measures for digital assets. Institutional Influx According to several reports by blockchain […]

Investors are Buying Bitcoin and Gold in Equal Amounts, says DrawBridge Lending CEO

Investors are accumulating both Bitcoin and gold at the same rate, says a former Goldman Sachs investor. Different blockchain analytics firms also claim that new institutional investors are entering the Bitcoin arena since the start of 2020. Jason Urban, CEO of DrawBridge Lending, said that he sees investors who are buying both gold and Bitcoin […]

Coinbase Announces Instant Withdrawals for Customers in Nearly 40 Countries

Cryptocurrency exchange Coinbase has introduced a faster way for users to withdraw funds. Users from 40 different countries can make instant withdrawals over Coinbase thanks to Visa and Mastercard. Withdrawals via Visa and Mastercard According to Coinbase’s blog post, the exchange users from the United States will be able to withdraw funds from their Mastercard, […]

Non-Profits Start Accepting Donations in Cryptocurrency

The founder of a non-profit becomes a fan of cryptocurrency after receiving donations of $42,000 in cryptocurrency. Non-Profit CEO was Skeptical before 2020 Tammy Tibbetts, co-founder and CEO of She’s the First says she was first skeptical of cryptocurrency but since 2020, her perception regarding Bitcoin has totally changed. Due to Coronavirus, the non-profit needed […]

CFTC Charges BitMEX’s Owners for Running Unregulated Bitcoin Exchange

The Commodity Futures Trading Commission has charged leading crypto derivatives exchange BitMEX for running an unregulated exchange and violation of CFTC’s policies. Civil Enforcement Action against BitMEX CFTC has filed a civil enforcement action in the US District of New York against five entities and three owners of BitMEX. “Among those charged are company owners […]

Cardano Partners with Blockchain-based Artificial Intelligence Firm

According to the Sep.30 announcement, SingularityNET partners with Cardano to work for the development of the Cardano network. SingularityNET is a blockchain-based marketplace that offers Artificial Intelligence (AI) services and applications. It is the same company that designed the software for the social robot Sophia. The partnership between both companies will be beneficial for “engineering […]

New Survey: “63% of Banks and 56% of Governments saw Cryptocurrency as a Risk”

A new survey shows financial institutions and government departments see cryptocurrency a risky investment as it is linked with illicit activities. 566 Responses from Different Sectors across the Globe The UK-based security firm The Royal United Services Institute (RUSI) has conducted a survey about cryptocurrency in partnership with the Association of Certified Anti-Money Laundering Specialists […]

KuCoin Hack Update: Hackers Have Moved $4.5 Million in XRP

Following the KuCoin hack, hackers transferred millions of tokens on to different unknown wallets and decentralized crypto exchange Uniswap. In the latest transfer, Hackers have moved 18 million XRP worth $4.5 million. 18.49 Million XRP Crypto tracker Whale Alert reported that “18,495,600 #XRP (4,534,752 USD) of stolen funds transferred from Kucoin Hack 2020 to hack […]

EY Rolls out New Blockchain Tool to Analyze Bitcoin On-Chain Data

Giant Consultancy firm EY has introduced a new tool called Explorer & Visualizer to analyze blockchain data. The beta version of the tool will be soon available to individuals free of cost. Explorer & Visualizer Solution Explorer & Visualizer of EY will help individuals to monitor blockchain activities such as tracking of cryptocurrency transactions. The […]

The US Regulator has Charged Foreign Trading Company over Offering Unlawful Leverage Transactions of Bitcoin

The US Commodity Futures Trading Commission (CFTC) has charged a foreign trading company with offering unlawful leveraged transactions in Bitcoin, Ether, and Litecoin. Civil Enforcement Action against Company CFTC has a “civil enforcement action” in the US court against trading site PaxForex of Laino Group Limited. According to the Commodity Futures Trading Commission, the company […]

New Survey: Majority of Americans Favor Paper Money over Digital Money

Genesis Mining conducted a study titled “Perceptions and Understanding of Money 2020” whose results show that Americans do not like the idea of digital money and they prefer paper money over digital money. Study of Genesis Mining 400 Americans participated in the study and gave the answers of 22 questions covering different topics: understanding of […]

Bitcoin Price Analysis: Bitcoin is Struggling to get above $12,000

After suffering from selling pressure, Bitcoin and other crypto coins are showing slight bullish sentiments. Bitcoin is currently trading at $10,723 with a 0.16% change in the past 24-hours. Over recent days, Bitcoin is not exhibiting a positive trend and is trading under the pressure of a strong resistance level at $11,000. Buyers are unable […]

DeFi is Too Risky Now as It Behaves Similar to CDOs

Decentralized Finance (DeFi) has gained a high reputation in the crypto space in recent months, and prices of DeFi coins have recorded high performance. Rush in the DeFi space has also raised some concerns as it may pose some threats to crypto-economy. Decentralized finance endeavors to launch products that are not governed by a central […]

Crypto Adoption is Impossible without Proper Rules and Regulations

Cryptocurrency can become a mainstream currency if it is regulated by policymakers and regulators. Crypto adoption is impossible without regulation as it ensures the trust of people. The governments of several countries are devising a clear-cut framework to regulate cryptocurrency and related products. For instance, the European Commission (EC) is the latest body to roll […]

MDX500 Review – Understanding the Offerings of this Broker

MDX500 Review If you are looking for a solid way of earning money on your investment, there is no better avenue to explore than trading in the financial markets. First off, there is no shortage of opportunities as there are thousands of trading instruments that you can invest in and there is no one stopping […]

Report: FinCEN did not Prevent Banks from Illegal Activities such as Money Laundering

The leaked documents of the U.S. Financial Crimes Enforcement Network (FinCEN) unveiled many untold truths about the watchdog and the world major banks. Leaked Documents of SARs The rules and regulations designed by FinCEN are not sufficient to counter illicit activities, such as money laundering. And the most interesting thing is that the world top […]

OKEx Launches Full Suite of Trading Products for Uniswap’s UNI

OKEx, one of the world’s top digital currency spot and derivative exchanges, has added support for the governance token of Uniswap UNI on its trading platform. According to the official announcement made by OKEx on September 17, 2020, the Malta-based cryptocurrency exchange has also offered a full suite of trading products as well for this […]