Ali Raza

A recent crypto market-wide rally finally allowed Bitcoin to exceed its $10k barrier. However, the coin did not stop there — it quickly rose above the $11k mark, and it even kept pushing past $11.6k. At the time of writing, Bitcoin sits at $11.623.17, with a 4.25% increase in the last 24 hours. The altcoin market skyrockets As mentioned, the rally seems to include most altcoins, as well, as trading in the green definitely dominates the list of la...

The DeFi sector has been around for years, but it only started attracting major attention in 2020. As a new global trend, its growth was quite fast, and the sector has already breached several milestones in recent months. Now, it even managed to hit a new all-time high, after breaching $4 billion in total value locked (TVL) for the first time in its history. Not only that, but it doubled its TVL in less than a month. The information about DeFi&#8...

Celebrities supporting blockchain are far from being a new thing in the crypto/blockchain industry. However, while most of them only publicly supported crypto or tried to hold an ICO, actor William Shatner attempted a different approach. William Shatner’s memorabilia sale The well-known actor decided to offer his personal memorabilia in digital form, and to do so, he used the WAX blockchain. Unsurprisingly, the move was quite a success, alt...

The status of cryptocurrencies in Russia has been a matter of debate for years. No one could predict whether the country would ban them, legalize them, or simply not do anything, thus leaving them in the gray area and thus preventing major investors from even considering them. The country’s president, Vladimir Putin, requested that the lawmakers come up with regulations for crypto multiple times. However, constant delays kept leaving their...

According to recent data published by a crypto market data firm, Messari, it would appear that DeFi aggregators may be responsible for as much as 20% of Ethereum DEX volume. What did Messari find? The company shared its findings and conclusions in a recent newsletter, in which it pointed out that this is not really unusual. After all, Messari stated that the 21st century has been dominated by aggregators thus far. “Amazon aggregates consumers and...

Bitcoin recently surpassed the $11k mark for the first time since August 2019. With this move, the world’s first cryptocurrency finally managed to leave behind the $10k resistance that has been posing as a major roadblock for nearly a year. Just as this happened, the Hong Kong-based crypto payment platform, Crypto.com, announced a new Bitcoin-related feature. Recurring buy for BTC comes to Crypto.com According to Crypto.com’s announce...

On July 31st, 2018 — exactly two years ago — Binance exchange acquired Trust Wallet to expand its ecosystem and service. In the two years between then and now, the wallet managed to grow its user base to a new milestone of 5 million individual users. With this achievement, Binance has decided to use the wallet to delve deeper into the DeFi sector. The wallet already has a strong connection to the DeFi sector, as it claims that around 10% of its 5...

No one will be surprised to hear that China doesn’t have the best stance towards Bitcoin. After all, it did not really keep its negative stance towards the coin a secret, despite the fact that the majority of BTC is being mined inside the country. However, it never fully banned it, either. In fact, its Beijing Arbitration Commission (BAC) recently published a report that clears things up. The new report came after the arrest of the leaders...

PlusToken Ponzi scheme is one of the best-known schemes in recent years. It managed to trick enough people to steal over $3 billion in total, thus making it a very high-profile example of crypto fraud. A quick summary of the scheme The scheme launched over two years ago, in early 2018. Back then, the scammers launched a PlusToken wallet, offering the ability to store and protect users’ tokens. However, by September of the same year, many st...

In July 2019, a Hong Kong-based crypto firm Diginex announced its plan to ensure its listing on Nasdaq. The company managed to bypass the barriers in its way through a reverse merger deal with another company, 8i Enterprises Acquisition Corp. The original listing was supposed to take place in March 2020. However, due to the global economic meltdown caused by the coronavirus pandemic, the move was delayed. Diginex’ Nasdaq listing plans are underwa...

The crypto industry rarely stands still, and even when a major coin like Bitcoin does experience a period of calm, it usually doesn’t last for long. With that said, even the volatile and chaotic crypto industry is likely to find this year quite eventful. Bitcoin in 2020 The year started quite optimistically, with a strong surge to $10k in late January and early February. What followed was a strong correction, which was not too big of a deal...

The crypto and blockchain industries’ ties with gaming continue to strengthen with the recent partnership between the crypto-centric eSports platform Theta, and South Korean social gaming platform Ludena Protocol. The two projects teamed up to provide their users with rewards for streaming and watching content offered on the platforms. A new partnership for greater exposure Thanks to the partnership, the Theta protocol will be integrated in...

Bitcoin (BTC) saw a significant price increase several times this year. The coin managed to recover from a massive price crash seen in mid-March in record time, which is an indicator of the strength and an overall bullishness of the market. However, according to many, the coin’s real bull run has yet to come, and Cameron Winklevoss, the founder of Gemini exchange, believes that it will be a lot more different than anything seen before. Came...

The blockchain industry continues to grow and progress as, what feels like, a magnitude of companies in the space constantly craft new solutions through collaborations and combinations of their technologies.  The most recent collaboration announced recently is between a blockchain firm LiquidApps, who focuses on optimization of decentralized development, and Equilibrium – a core infrastructure studio. The role of oracles in the blockch...

Ontology (ONT) price recently started increasing once again, after suffering a strong correction starting in mid-July. The coin is still quite far away from the price it reached during its July surge, and not even close to its YTD high. But, any price increase is welcome, and the coin appears to be on its way to recovery. Ontology hits $1 Ontology saw quite a strong performance in the first quarter of the year, starting from $0.5, and peaking abo...

TradeStation, the US-based subsidiary of Monex Group, a Japanese financial firm, is making plans to launch a new crypto lending service within the country. Crypto Earn Gearing For Launch This plan was announced via the earning report of Monex, published on the 29th of July, 2020. This service will be dubbed “Crypto Earn,” and has been described as a “C2B2B” service. What this means is it will lend institutions assets that were, in turn, borrowed...

The DeFi sector has been growing rapidly over the last several months, and despite it existing for years now, it only started attracting serious amounts of attention in 2020. However, according to a recent report by Messari crypto researcher, the DeFi market might still be quite small when compared to other crypto assets. DeFi’s huge growth still makes it quite small Messari researcher, Ryan Watkins, recently decided to provide an assessment of t...

Earlier this year, the Australian Taxation Office sent around 350,000 letters to the country’s crypto users, reminding them that they are obligated to pay taxes on the profit gained from trading crypto. However, keeping track of crypto taxes is quite difficult, even for coin users who are careful to note all of their transactions. This is why Australian exchanges are now teaming up with a crypto tax firm, in order to help their users by sim...

One of the best crypto hardware wallets, Ledger, recently suffered a security breach that resulted in a massive theft of sensitive data from its database. The theft actually took place last month, but the company only discovered it later on. Ledger’s database hacked As mentioned, the breach resulted in a leak of a million emails, but also some personal documents. Fortunately, however, hackers were unable to affect user funds, thanks to advanced s...

Revolut, a UK-based online bank and fintech firm, recently revealed that it added a new cryptocurrency to its list of supported coins. The new coin that was only listed earlier today is Stellar (XLM). Digital bank Revolut lists XLM Following the move, Revolut released a press statement, noting the new addition to its offering. It also said that its users will now have the ability to trade or hold XLM on the bank’s platform. However, the com...

Earlier today, July 28th, the team behind the crypto project NEO published a warning on their official Twitter account. The warning claims that there is an ongoing NEO giveaway scam, which aims to trick the coin’s users on Telegram. New NEO scam emerges on Telegram The warning shared details regarding the scam, stating that fraudsters are promoting a 1 million NEO coin competition. In addition to this, NEO warned all users to remain vigilan...

Ethereum (ETH) price recently hit a new 12-month high, reaching the highest point it has seen since June 2019. After several months of recovery after mid-March price crash, and a few more months of being blocked by a strong resistance, the price finally surged, breaking numerous barriers along the way. However, it now sees a minor correction. Ethereum finally breaks out Ethereum saw a lot of activity this year, starting with a massive price incre...

Litecoin (LTC) price has started a strong surge several days ago, which allowed it to finally breach a strong resistance level and hit a 4-month high. In fact, the coin has now reached the highest point it saw since the mid-March price crash. Litecoin breaches a major resistance Litecoin saw a strong surge in early 2020, starting with the price of $40, only to quickly rise to $60, and then $80. Following this great surge, the coin also saw a grea...

LocalBitcoins is one of the most popular, if not THE most popular P2P crypto exchange platforms out there. However, the platform has been making moves to tighten its compliance over the years, and it is becoming stricter and stricter about such efforts. LocalBitcoin integrates new blockchain monitoring tools The most recent continuation of this trend happened just recently, when LocalBitcoins adopted blockchain monitoring solutions offered by a c...

Coinbase exchange still offers an incredibly low number of cryptocurrencies. At least when compared to other major exchange platforms, such as BitMEX or Binance. While the exchange did work on improving its offering over the last few years, some major popular coins are still missing. Privacy coin Monero (XMR) is a good example of this. However, according to Coinbase’s recent explanation, this is not going to change anytime soon. Coinbase CE...