Category: Blockchain

US SEC Signs Contracts to Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US Securities and Exchange Commission (SEC) has signed a deal with Anchain.AI blockchain analytics company to obtain more insights into the decentralised finance (DeFi) landscape.  Anchain.Ai, a blockchain surveillance firm based in California, made the announcement regarding the partnership on Twitter. Forbes also reported the development because its journalist interviewed with the Anchain.AI CEO

Bitcoin Transaction Volume Hits a Monthly High as Crypto Adoption Surged by Over 881% Last Year

Bitcoin experienced an uptick in transaction volume, given that it reached a 1-month high of 47,433.025 BTC, as acknowledged by crypto analytic firm Glassnode. The leading cryptocurrency recently breached the psychological level of $50K for the first time in two months as more institutions injected capital investments. For instance, addresses holding more than 1,000 BTC

Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption

Ethereum (ETH) has emerged to be one of the most sought-after networks in the crypto space based on some of the features it offers, like smart contracts. Ethereum-based products, therefore, skyrocketed to $13.8 billion after recording a 72.8% monthly growth. Market insight provider CryptoCompare explained: “Ether and ETH-based products have gained significant momentum following

Afghans Seeking Refuge in Cryptocurrencies as Taliban’s Takeover Causes Economic Turmoil

Some Afghans are relying on holding cryptocurrencies amid the economic turmoil triggered by the Taliban’s hostile takeover. CNBC media outlets recently had conversations with some Afghan crypto users who revealed an inciting trend taking shape within the country.  Farhan Hotak, a 22-year old Afghan, spoke to CNBC, said that he has been holding his cryptocurrency on

Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative

A group of crypto industry’s Bitcoin ATM (BTM) operators, including DigitalMint and Coinsource, as well as blockchain analysis platform Chainalysis amongst others, have launched the Cryptocurrency Compliance Cooperative (CCC), an associated with the underlying aim to promote regulatory compliance amongst players in cash to crypto industry for risk diversification to the consumers. The majority of

Best safe investments for your money in 2021

High liquidity is what you’re after if you choose to invest, but it’s not all that matters. For any individual investor, the safety of their funds is all the most important. Choosing a reliable broker is of high importance if you want to trade and feel your investments are in safe hands. Exness Broker can

DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding

American DJ and electronic dance music producer Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round led by cryptocurrency investment company Paradigm and Peter Thiel‘s Founders Fund. The Royal blockchain music NFT investment platform was founded by 3LAU and his university friend JD Ross. It aims to

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

The US SEC filings published on Wednesday, August 25, indicate that Morgan Stanley, the world’s third-largest bank, has increased its indirect exposure to Bitcoin by buying more than one million Grayscale Bitcoin Trust shares, currently worth around $40 million. A Twitter user named “Macroscope,” a financial analyst, was the first one to notice the Morgan

Vogue Singapore Ventures into the NFT Metaverse in September Issue

Vogue Singapore, a subsidiary of the international lifestyle magazine Vogue is venturing into the world of Non-Fungible Tokens (NFTs) with the issuance of two covers available as digital collectables.  The launched NFTs are available as two virtual-only covers, created by fashion designers and represent a part of the global theme of ‘New Beginnings’ for September. They are