Featured on homepage

The US Bureau of Labor Statistics just released the nation’s price statistics for February 2022 – and they don’t look good. The all-items Consumer Price Index (CPI) is running at 7.9% over the last 12 months – the hottest in over 40 years. More Record-Breaking Inflation The bureau releases its monthly inflation report at 8:30 am EST approximately 10 days into each following month. The CPI tracks the average prices for a basket of commonly purchased consumer goods including food,…

Elrond will soon be able to issue e-money in European Union, thanks to regulatory approval of its recent acquisition. On Thursday, the blockchain startup won the approval of the Romanian Central bank to acquire a fintech company Twispay. Twispay is a Romanian financial institution that provides payment services and issues electronic money. It also offers payment services for Visa and Mastercard. Twinspay also has the license to operate in the entire European Economic Area. That includes the European Union, Iceland, Liechtenstein,…

Crypto investors in South Korea are breathing a sigh of relief, as a pro-crypto candidate won the crucial Presidential election. Election results show that the Conservative Party candidate Yoon Suk-yeol will become South Korea’s next President. In one of the closest elections in South Korean history, Yoon beat his opponent by less than one percentage point. As a former top prosecutor, Yoon promised to deregulate the crypto industry. His pro-crypto stance might have helped him win the election. Deregulating crypto was…

PotionLabs comprises three key components: a protocol, a suite of analytic tools, and an intriguing launch mechanism. We’ll go through each in turn, highlighting the key features and how each one is changing the DeFi game. Potion Protocol Key features A new, powerful risk management layer in DeFi that offers products like insurance from an automated market maker (AMM) A one-of-a-kind bonding curve that prices any asset depending on the LP’s risk A decentralised order book that allows LPs to…

The third-largest Bitcoin address has long been a topic of intrigue, given that nobody knows the owner of its vast coin pot. Over the last week, the mystery whale added another $28 million in Bitcoin to his holdings, bringing his total Bitcoin stack to over 126,000 coins. The notorious 1P5ZED address accumulated 318 Bitcoin on Monday, followed by another 412 on Tuesday. The 730 coins were bought at an average price of $38,400. As Bitcoin’s price has risen since then,…

President Biden’s long-awaited Executive Order on digital asset policy has been released. The order outlines the main objectives with which to approach the space while organizing research and regulatory responsibilities among different federal bodies. Notably, the White House also advocates “urgency” for R&D of a US CBDC, which over 100 countries are already exploring or piloting. Concerns About Illicit Finance As published by the White House, the order acknowledged the growing digital asset industry for presenting a wide array of…

The Potion Unlock game is a social experiment to bootstrap a decentralized community around a DeFi protocol. PotionLabs, the developers of the new risk management layer Potion Protocol, have announced the launch of the Potion Unlock NFT auction. Those who purchase NFTs in the auction will be able to participate in the Potion Unlock game, working with other community members to release the Potion Protocol into the public domain. With this one-of-a-kind strategy based on “aggressive decentralization”, Potion Labs seeks…

Scammers use social media platforms to impersonate celebrities or acquaintances and persuade victims to make fake investments. The rise of cryptocurrencies and the lack of regulations gave new tools to these criminals. We'll look at how the market is attempting to safeguard investors today. For example, crypto commentators frequently emphasize anti-dumping regulations to deter online fraudsters. What Are Pump and Dump Operations? Before dwelling on anti-dumping policies, we must understand what a “pump and dump” operation is. A pump and…

US Senator Elizabeth Warren’s fight against criminal misuse of cryptocurrency presses on. The Democrat is reportedly drafting a bill to prevent sanctioned Russian entities from possibly pivoting to crypto rails for facilitating international trade. A Choice For Exchanges According to NBC News, the bill will threaten secondary sanctions on foreign crypto exchanges that choose to service sanctioned individuals and groups. Should they not comply, they would be refused access to the United States, where one of the most active bases…