Category: Blockchain

Indian Securities Regulator Urges Mutual Fund Companies To Avoid Investing In Crypto, Until Regulations Set In

On December 28, Ajay Tyagi, the chairman of the Securities and Exchange Board of India (SEBI) encouraged mutual funds to resist investing in crypto-related assets as they wait for the government to consider new cryptocurrency rules. While speaking at a press conference on Tuesday, Ajay advised mutual fund companies to refrain from investing in funds

82% Ethereum Holders Still in Profitability Despite Price Slipping Below $4,000

Despite dropping below the psychological price of $4,000, 82% of Ethereum (ETH) holders continue being in profit, according to data by market insight provider IntoTheBlock.  ETH was down by 5.04% in the last seven days to hit $3,712 during intraday trading, according to CoinMarketCap. This year, the second-largest cryptocurrency has made significant strides thanks to

Robinhood Plans to Roll out Beta Version of Crypto Wallet Feature in Jan 2022

Cryptocurrency and stock trading application Robinhood stated that it will start the beta phase of cryptocurrency wallets in mid-January 2022, during which customers on the waiting list will be allowed to deposit and withdraw Bitcoin, Ether, Dogecoin, and other tokens. As reported by Blockchain.News on November 11, Robinhood Markets announced that 1.6 million people are on the

Korean Government Reportedly Asks Google and Apple to Remove P2E Gaming Apps

Crackdowns targeting blockchain and cryptocurrency affiliated entities are taking a new twist in South Korea as the government has started blocking play-2-earn (P2E) gaming apps. As reported by local media platform Naver, the government has requested global app marketplace operators such as Google and Apple to block the registration of related apps. According to the

Who is Satoshi Nakamoto? Elon Musk’s Latest Guess Comes as No Surprise

The identity of Satoshi Nakamoto, described as the creator of Bitcoin (BTC), remains one of the best-kept secrets in the nascent world of digital currencies to date. While many have tried to guess who this personality is, others, including Australian Computer Scientist, Craig Wright has often claimed ownership of the intellectual property of the BTC

Bitcoin Experiences Worst Selloff since May as BTC Trades below 200-Day Moving Average

Despite holding above the psychological price of $50K over the Christmas weekend, Bitcoin (BTC) experienced significant liquidation that drove the price downwards to the $47K level.  As a result, Bitcoin has been trading below the 200-day moving average (MA), which generally indicates a market trend because it shows an average of approximately 40 weeks of

Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Iran has announced a fresh ban on licensed cryptocurrency mining in the nation until March 6 as part of a commitment to save power and avoid potential blackouts in the forthcoming winter season. Mostafa Rajabi Mashhadi, director of the state-run Iran Grid Management company and a spokesman for Iran’s power industry recently announced that the

Blockchain Ecosystem Suffers Over $9.8B Worth Security Lost in 2021

With the sophistication that blockchain systems are showcasing today, one would think it will translate into better security, however, this is not the case, as distributed ledger technologies have suffered many security breaches throughout this year. According to Snowmist, the blockchain industry has been well characterized by cryptocurrency crimes, money laundering, fraud, cases of theft,