Category: News

XTZ/USD price has declined 5% today but could rebound by more than 20% if bulls maintain upward pressure towards a key level The price of Tezos’ token XTZ is changing hands around $2.13, up from 24 – hour lows of $2.04 registered yesterday. The token’s price however remains nearly 5% down during this period. The […]

In June 2019, the Financial Action Task Force (FATF) amended the anti-money laundering (AML) and counter-terrorist financing (CTF) recommendation to include virtual assets. Recommendation 16, widely known as the Travel Rule was established to provide guidelines for combating financial crime. Initially, the Travel Rule only applied to banks. However, the recent amendment has widened its […]

Ethereum, which was launched in 2015, is the second largest cryptocurrency after Bitcoin in terms of market capitalization. It was trading sideways for two years, at around $ 10, until 2017. That was the year of the “Gold Rush” for cryptocurrencies, and the ETH price started to increase in March. The ETH/USD had jumped to […]

Excited investors rushing to get a piece 0f Andre Cronje’s latest DeFi project have once again incurred losses It has been about three weeks since Cronje’s name made headlines when a hacker stole $15 million from an unreleased Yearn Finance project he was working on. The project, Eminence (EMN), suffered a huge loss that was […]

DXdao and Loopring collaboration Layer 2 solution “Rails” claims to be Ethereum’s upcoming gasless infrastructure. Rails is a payment solution that enables the effortless transfer of ETH and ERC20 tokens between users on the protocol. It leverages Loopring’s zkRollup and Relayer API to facilitate non-custodial transfers via MetaMask. DXdao is responsible for ensuring the efficient […]

Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced it has completed its USD$2 million Pre-IPO investment round. The round was led by OK Group, a world-leading blockchain technology and service provider focused on the research and development of the technology and its all-scenario applications.. The funding round will be used to support Banxa’s […]

Larry Dean, who is also facing money laundering charges, has been penalised with a $60 million fine by the Financial Crimes Enforcement Network (FinCEN) It is the first time the FinCEN has levied a penalty against a Bitcoin mixer, as detailed in a press release. Larry Dean, the owner of Helix and Coin Ninja, has […]