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The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too has been banned from the … Read more
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee were expected to point to the Republican Party’s lack of … Read more
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash handouts in order to push consumer demand. Low Inflation Numbers … Read more
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw … Read more
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. Go to Source Powered by WPeMatico
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has snapped up a BAYC NFT well over the floor price. Go to Source Powered by WPeMatico
While presales are a way to raise development funds for projects, for investors they are an opportunity to accumulate promising tokens at a cheap price. This year, two presale coins have stolen almost all the investors’ attention. These are HedgeUp (HDUP) and RenQ (RENQ). Read on to find out why. >> Buy HedgeUp Now << … Read more
There are different ways to judge crypto assets. You can judge them by their value, popularity, and/or size by market cap. But according to experts, one of the best ways to judge a cryptocurrency is its utility. This is because utility greatly determines how much value the asset will give investors in the long run. … Read more
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit gains of 34% to 42% in the past 30 … Read more
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve the matter as quickly as … Read more
