News

On February 25, a blog post revealed that the Coinbase wallet began supporting short crypto names that are easily memorable.  The Coinbase Wallet is quite different from Coinbase's main wallet in that in the designation; it allows users to take control of their funds. Moreover, it will enable users to access other decentralized applications (DApps).  Currently, it's tough to complete a transaction since one needs a long Alphanumeric string full of characters to send. Often, users need to copy and…

On February 25, The Malta Financial Services Authority provided a paper highlighting 18 industry stakeholders' feedback on security token offerings (STO). The MFSA in July 2019, requested the stakeholders to help interpret and advise on the definition of STOs, and their basis for legal existence.  However, the published paper gives good feedback on the definition of security tokens and the possible ways of addressing the issues facing the assets within the Maltese market.  However, most respondents disagreed with the MFSA…

Recently the US Congress scheduled a new sitting on hearing about digital currencies. This hearing will majorly focus on the local and global ways to approach digital currencies. This meeting will be taking place on March 24.  The host of the hearing will be the House committees that focus on Financial Services, with the specific subcommittee tasked for that being the subcommittee on National security, international development, and monetary policy.   This is not the first hearing of the kind; several…

The XRP/USD Pair has been noticing some severe falls even below the $0.26 support zone. This price is currently dropping at a 10% rate, and it could lead to an extension below $0.24. Following the drop of price to below $0.27, sellers took over. That led to the start of a massive price drop, even hitting close to the $0.26 near the bearish area.  The price further broke the supports at the $0.25 value and the 100 hourly SMA. As…

Recently the BTC/USD pair has been striving to remain over $9,750 but later fell towards the $9.5k support. BTC price can plunge even more profound, even below the $9.5k support level.   The pair met a barrier at $9,880 but began a downward drop from the $9,847, falling below the $9750 support. It broke even further to below $9,680 and the 100 hourly SMA.  The drop paved the way for even harsher price declines towards the $9.5k support zone where buyers…

A Singapore court recently noted that the trade reversal practice on exchanges is not right. The ruling came in favor of trader B2C2 against a cryptocurrency exchange firm dubbed Quoine. & orders by B2C2 were canceled by this exchange firm Quione in the 2017 bull market period. Both parties, in particular transactions, were autonomous algorithms; there was no chance of human errors. Exchange operations involve deriving the prices of the crypto assets from other crypto exchanges.  The other exchange platforms…

Craig Wright is putting much effort into getting rid of drug users from his Bitcoin SV (BSV), a pet blockchain project, but some people are resisting.  In a recent post on Reddit, an individual just dared Wright, saying he will utilize the BSV native crypto asset to purchase drugs. He said that he would use multiple BSV wallets to pay for narcotics and highlighted that it would be near impossible for Craig Wright and the whole BSV team to know…

Warren Buffet, on February 24, noted again in strong terms how much he dislikes cryptocurrency. During CNBC's Squawk Box interview, Warren reiterated that he does not think cryptos have any value, nor does he see any produce from crypto assets. Warren Buffet said the value of crypto is zero. He publicly announced that he does not own a single cryptocurrency, and he will never have it. His remarks came in an interview after he released the annual shareholder letter.  It's…

Cryptocurrency has been around for a decade long. In those years, it has become a universal way to acquire services and goods both online and offline and a very profitable business. Cryptocurrencies have cut across various sectors, and many economic giants across the world are continually looking for new ways to incorporate them.  Currently, almost every casino accepts several different payment methods, including; Visa and Mastercard, while others widely accepted include e-wallets Paypal, Neteller, and Skrill. Some online casinos have…