CEO and Founder of Shapeshift, Erik Voorhees thinks that the markets are in a process of “transformation” from analog, fiat, and bank-based finance into decentralized, digital, crypto-based finance. However, Voorhees said that while certain companies need to be compliant in order to work with financial institutions, this would be a valid and correct statement asContinue reading “Why this CEO argues against KYC norms for Bitcoin”

CEO and Founder of Shapeshift Erik Voorhees shared his thoughts on the idea of selling unregistered securities and spoke about a time when the US Securities and Exchange Commission (SEC) charged Voorhees for publicly offering shares that were unregistered. Terming it as “total garbage non-crime” Voorhees said he had to “deal” with the federal agencyContinue reading “XRP Lawsuit effect? this exchange CEO says selling ‘unregistered securities’ is a ‘made up crime’”

The Input Output HK team today detailed how the implementation of the latest Cardano hard fork, Alonzo, will make for an advanced network for businesses and developers alongside a new added support for smart contracts.  Explaining further about the upgrade, software engineering lead at IOHK, Michael Peyton Jones wrote in a new blog post thatContinue reading “Cardano update: the importance of long-awaited Alonzo hardfork for entrepreneurs”

Riccardo Spagni, also known by his Twitter handle “fluffypony,” who is the lead maintainer of Monero, recently shared his opinion on Mobilecoin (MOB) project. Taking to Twitter, Spagni claimed that MobileCoin was actually based on Monero and not CryptoNote, as the project “claims.” Stating that he was “disappointed” that there was no credit given toContinue reading “Monero (XMR) community members call out MobileCoin project”

Jesse Powell, CEO of crypto exchange Kraken, said in an interview today that his company is considering going public through a direct listing at an unspecified date next year, similar to leading crypto exchange Coinbase. Speaking with the CNBC team, he revealed:  We are looking at being able to go public sometime next year. ItContinue reading “Coinbase rival Kraken plans to go public in 2022”

Thomas Hodge, founder of Crypto and Policy recently launched a petition directed at Gary Gensler, the US Securities and Exchange Commission Chair nominee to “stop the war on XRP,” or end the SEC lawsuit against Ripple, after he is confirmed as chair. The petition also wants Gensler to begin an investigation into the Commission’s formerContinue reading “Ripple community launches a new petition to ‘stop the war’ on XRP”

Two altcoins, in particular, have been on the move today with market sentiments reflecting increasingly bullish patterns. In the past 24 hours, utility token BitTorrent (BTT) which is based on the Tron blockchain and Ripple’s native crypto XRP, has surged by 22.8% and 38.1%, respectively.  At press time, BTT was trading at $0.01235 and reachedContinue reading “Why BTT and XRP are surging now”

While the Founder of SkyBridge Capital, Anthony Scaramucci has been “singularly focused” on Bitcoin, he revealed his opinion on Ethereum today during a recent interview. The former White House Communications Director stated that there is a “very big market” for the largest altcoin. He predicted that the coin’s network has “good fundamentals and will grow.”Continue reading “Here’s why there’s a ‘very big market’ for Ethereum”

UK-based crypto loan provider, Nexo has been sued for allegedly causing over $5 million worth of losses by suspending XRP payments in December last year. This was after SEC accused Ripple of an alleged illegal securities offering. The class-action lawsuit has been filed by Plaintiff Junhan Jeong, a California resident, on behalf of other XRPContinue reading “Nexo sued for causing over $5 million in damages by ‘unlawful’ suspension of XRP payments”

Recent studies have shown that Bitcoin consumes close to 77.8 TWh every year, making the total energy consumption of the network as much as Chile’s. Bitcoin’s mining activity in particular has been blamed for generating 37 megatons of CO2 annually, which could be equated to the total greenhouse gas emissions from New Zealand. As theContinue reading “Will ‘clean’ Bitcoins and not ‘Blood coin from China’ become a fad?”

One of the most vocal Bitcoin supporters in the ecosystem, CEO Michael Saylor today announced that his company, MicroStrategy has purchased more Bitcoin again. The publicly traded software company has acquired an additional ~253 bitcoins for a cool $15 million in cash at an average price of ~$59,339 per Bitcoin.  As of 5 April, MicroStrategyContinue reading “MicroStrategy buys an additional 253 Bitcoins for $15 million”

With more than $12 billion in market capitalization, the cloud-based storage system Protocol Labs’ native crypto Filecoin [FIL] grew by 134.0% in the last seven days to briefly become the 10th largest crypto-asset by market cap. In fact, according to data from CoinMarketCap, FIL had even overtaken another popular altcoin, Chainlink’s LINK, in the process. Continue reading “Filecoin [FIL] has these factors to thank for its top-10 push”