The eighth biggest blockchain by market cap, Polkadot, has been making headlines in October. One reason was DOT’s strong price rally since 13 October, as previously reported. The rally could also be linked to some exciting developments ahead, such as the upcoming parachain launch and the slot auctions. Adding to this chain of events, founder GavinContinue reading “Polkadot: Treasury with more than $800 million to be spent on…”

The old order has fallen – or such was the case on Coin Market Cap and Coin Gecko after Binance Coin jumped up to become the third-biggest blockchain by market cap. Nestled right under Ethereum and Bitcoin, Binance Coin’s promotion comes as Binance and the Binance Smart Chain achieved several key milestones. Taking stock ofContinue reading “Binance Smart Chain reaches 100 million unique addresses, overtakes Cardano in market cap”

October has been a good boy where the Shiba Inu [SHIB] token is concerned. With a meteoric price rally, the meme coin seems close to hounding its highs from earlier this year. Recently, crypto researcher and reviewer Max Maher tried to analyze Shiba Inu’s popularity but instead found himself drawing a very unexpected conclusion. AssessingContinue reading “Can ‘newfound respect’ for Shiba Inu help it cross $1”

For months, the crypto sector has been tracking regulatory movements in both China and America as though following a match. However, it seems the eyes of crypto watchers are settling on the West. Why? According to the Cambridge Bitcoin Electricity Consumption Index, America’s share of the average monthly hashrate spiked from 4.06% in September 2019 to 35.40% inContinue reading “This ‘unbelievable’ factor could change Bitcoin mining in Texas”

A Bitcoin Futures ETF is ready to start trading on the market, but that doesn’t mean American regulators are letting crypto companies and innovators off the hook. In fact, crypto businesses may need to be more careful as the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published an updated “Sanctions ComplianceContinue reading “Crypto businesses need to adhere to the U.S. OFAC compliance guidelines”

Countries around the world have diverse reasons to clamp down on Bitcoin mining, ranging from political fears to financial ones. However, one Southeast Asian country has been cracking down on crypto mining in order to save electricity. Malaysia is known for being highly protective of its electrical resources. Recently, a local news publication reported thatContinue reading “Malaysia: Police charge illegal crypto miners and seize rigs to save charge”

Bitcoin ETFs are causing a great deal of furore and excitement in the crypto sector. With SEC’s approval of a Bitcoin Futures ETF, analysts are scrambling to figure out how the move will affect the rallying king coin. During an episode of Bitcoin Fundamentals by The Investor’s Podcast Network , crypto influencer Preston Pysh spoke toContinue reading “Is a futures-based Bitcoin ETF a ‘cop out’”

The Bitcoin market might be filled with optimism – and more than just a little greed – but certain components of the crypto sector are yet to shake off the effects of China’s crypto crackdown. Most recently, Sparkpool’s Ethereum GasNow website has shut down. This came soon after Sparkpool itself ceased all operations on 30 September,Continue reading “Ethereum gas price quotation system GasNow suspends operations”

CBDCs are not only related to finance but diplomacy as well. With China now incentivizing users to pay with its digital renminbi [RMB] and South Korea also looking into a digital won, Japan has little choice but to examine its own readiness for a CBDC. On 15 October, Uchida Shinichi, Executive Director of the Bank of Japan,Continue reading “Why Japan ‘currently has no plan to issue CBDC’”

Do NFTs have value in the real world? This question has sparked numerous debates across the crypto-industry. For now, however, one industry giant is reportedly making its views on the subject crystal clear. Steam, the popular digital gaming platform, has moved to ban all blockchain-based apps enabling crypto or NFT trades. The quiet, but definitiveContinue reading “Gaming platform Steam reportedly bans blockchain-based apps with NFTs”

Visa’s foray into crypto grabbed the public’s attention after it purchased a CryptoPunk NFT for $150,000. However, this wasn’t exactly Visa’s first encounter with the world of crypto. In fact, the payment giant now has ambitious plans ranging across the ecosystem. During an episode of the Unchained podcast, Visa’s head of Crypto, Cuy Sheffield, spokeContinue reading “Crypto is an ‘enabler,’ but can Visa emerge as a ‘bridge’”

El Salvador’s “Bitcoin Beach” was once just an experiment in the coastal town of El Zonte, but is now famous world over for trying out a Bitcoin standard, even before El Salvador adopted the king coin. The experiment was vital, for it helped to show what a large-scale rollout could look like. Now, 5,123 kmContinue reading “After El Salvador, Brazil will have its very own Bitcoin Beach”