Nemus, a Brazillian company that sells non-fungible tokens (NFTs) says that these are linked to the physical land in the nation’s Amazon rainforests. While the connection of the actual land with Amazon Forest NFT seems interesting there is a loophole in it. Brazilian prosecutors recently asked the company to prove …
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U.S. Fed Stops Crypto Lender Voyager From Misleading Customers
The U.S. Federal Reserve and Federal Deposit Insurance Corporation (FDIC) recently ordered crypto lender Voyager Digital to stop spreading misinformation about it being insured by the government among its customers. The regulatory bodies clearly confirmed that there was no government accountability involved if crypto lender Voyager’s customer funds were at …
Read More »Crypto Market Sell-offs Might Increase Further: IMF
The crypto market has been seeing a bullish performance for three consecutive days now after several crypto crash sessions. The crypto behemoths, Bitcoin (BTC) and Ethereum (ETH) have been pushing beyond the critical resistance levels currently. Better clarity on the market conditions will be ascertained if BTC closes the daily …
Read More »Ethereum Classic Investors Rejoice Its 30% Bullish Rally Today
The crypto market has been surging for the last three days now. The major coins have been gaining immensely. Out of them, Ethereum Classic (ETC) has made one of the most prominent moves as it has gained over 50% in two days. The older version of Ethereum (ETH) surely outperformed …
Read More »Bitcoin Cash (BCH) Reaches 1-Month High But Loses 73% YOY
After several bearish sessions, the crypto market is in the ‘green’ for two consecutive days now. Most of the cryptocurrencies have been gaining today after the Fed’s decision that came on Wednesday. In line with other market movers, Bitcoin Cash (BCH), an electronic cash system, saw its price surge by …
Read More »Man Loses $1.2 Million In Silicon Valley Crypto Scam
A man based in the Bay Area, California, lost about $1.2 million in a Silicon Valley crypto scam that was targeted at many other investors in the region. Federal investigators noted that such fraud cases are known as “pig butchering,” which are growing at an increasing rate across California. Most …
Read More »Bitcoin, Ethereum And Others Jump After Fed Rate Hike
The cryptocurrency market was in the ‘green’ on Wednesday. However, the market jumped after the U.S. Federal Reserve hiked the interest rates but also mentioned that they might slow down the pace at which such raises are implemented. The digital currency space is often interlinked with U.S. stocks, especially, Nasdaq. …
Read More »Torum (XTM) Reverses Its 7-Day Losses In Today’s Green Session
The crypto market has been experiencing several bearish sessions lately. However, the situation has changed today as one can see major cryptocurrencies gaining. Among these, a metaverse ecosystem token, Torum (XTM), managed to reverse its 7-day losses to a profit. The XTM crypto price rose by over 7% on Wednesday. …
Read More »Crypto Exchange Kraken Faces Probe For Violating Sanctions
Kraken Faces Probe: A major crypto exchange company, recently faced an investigation by the U.S. Federal Authority. The move was taken after the crypto exchange organization, Kraken, was suspected of having violated U.S. sanctions that forbid users in Iran to trade digital assets on exchanges that are based in the …
Read More »Monero (XMR) And Its Competitor Outperform Other Privacy Coins
After two consecutive bearish sessions, the crypto market is finally seeing the ‘green’ light. However, even then there were several cryptos that saw a decline. In such a situation, Monero (XMR) and its competitor, Swap (XWP), ruled the privacy cryptocurrency market. These cryptos are primarily purchased for the benefit of …
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