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Today, Robinhood announced that their platform had stopped functioning correctly, but they are working to resolve the issue as early as possible. A commission-free mobile application allows people to invest in publicly listed companies and other listed funds on U.S. exchanges. Users Face a Hard Time Due to Functionality Issues Robinhood announced the feedback and complaints from their customers about poor functionalities in the morning hours. About 61% of their customers complained about lagging and poor user interactions with Robinhood’s official website. Mobile brokerage features reported…

Yesterday, U.S. House of Representatives Speaker Nancy Pelosi confirmed a vote on the $1 trillion bipartisan infrastructure bill is set for Thursday. She voiced confidence it would pass. Now the Democrats have more time to reach a consensus on President Biden’s sprawling domestic policy package. Pelosi noted that there would be four days of debate before the legislation. Discussion on the bill would help fund in repairing aging roads bridges and expand broadband. The infrastructure spending will also pay for the replacement of dangerous lead-piped drinking…

On the 26th of Sep 2021, COTI took to their official Twitter account to announce that they will be rolling out a stablecoin on Cardano's chain. Cardano to Host its First Stablecoin As per Charles Hoskinson, leader of Cardano, and Shahaf Bar-Geffen, CEO of COTI group, Cardano will receive its first-ever stablecoin from COTI. The stablecoin goes by the name Djed. The duo relayed this message at the Cardano Summit stage in Laramie, Wyoming, on Sunday. Shahaf said that Djed has…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,826 trillion. Bitcoin is down by over 10% after a rough week. Ethereum lost more than 13% of its value over the week. XRP has dipped by roughly 14% over the past seven days. Almost all altcoins are drowning in a sea of red at the moment. The DeFi sector lost almost $6 billion…

El Salvador is a country in Central America that borders the Pacific Ocean to the north. It also borders Guatemala to the southeast and Honduras to the southwest. It has recently adopted Bitcoin as its legal tender. BTC is now a lawful means of payment in the country. For some time now, many countries have turned their attention to the "future of finance." This act has triggered numerous reactions worldwide. Also, many countries take sides between backing and condemning crypto adoption.  Why…

The Ethereum blockchain is currently in the middle of a significant transition as its developers are looking to bring the dawn of Ethereum 2.0. This transition will achieve a great deal, including making Ethereum proof of stake (PoS) blockchain. ETH 2.0 has built a lot of enthusiasm around it. Furthermore, the excitement grows as several of its competitors have made similar moves. But, what could this transition mean for Ethereum - and Ether, the coin? A Background to Ethereum 2.0…

Early 24th September, Bloomberg, one of the largest online news outlets, released fake news that drove crypto prices down. In the news, Bloomberg said that China's PBC termed all crypto transactions illegal. However, while the memo is available on the PBC website, the central bank originally on 15th September. Bloomberg Reports China's Crypto Bann China continues to add on its unrelenting determination on the crackdown against digital currencies in the country. The People's Bank of China (PBC) takes an aim…

Republican Senator Pat Toomey recently issued a letter to SEC chairman Gary Gensler regarding cryptocurrency and stablecoins. He attached over 25 questions to the letter, all seeking regulatory clarity on behalf of the industry. Toomey Demands Clarity From Gensler Senator Pat Toomey sent the letter today as a follow-up to Gensler’s testimony before the Senate committee on September 14th. At the time, Senator Toomey said that businesses in the industry needed more clarity on what regulators required of them. "We…

A blogpost report shows that Cardano sets to launch the Plutus Dapp Store through IOHK. The storefront is going to host every decentralized application running on Cardano's blockchain network. Plutus dAppStore could go live in the upcoming Cardano Summit, which starts on September 25, 2021. Improving dApp Interactions with Plutus Dapp Store Cardano is making major changes to its ecosystem, most of which aim at boosting the platform's functionalities. Such upgrades include the Plutus dAppStore, which projects to address two main…