Jay Howell - CryptocyNews.com - Page 12

MakerDAO Needs To Consider Depegging DAI Stablecoin From US Dollar, Says Founder

MakerDAO Needs To Consider Depegging DAI Stablecoin From US Dollar, Says Founder

August 16, 2022 by Jay Howell

Rune Christensen, the founder of MakerDAO, has recommended that the community members of the DAO (decentralized autonomous organization) should look into de-pegging the DAI stablecoin from the US Dollar. Rune made this comment on Thursday on the MakerDAO discord channel after the…

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Report: South Korean Regulatory Authority Intends To Review Cryptocurrency Legislation

Report: South Korean Regulatory Authority Intends To Review Cryptocurrency Legislation

August 16, 2022 by Jay Howell

The chairman of the Financial Services Commission of South Korea stated that the watchdog has a strategy to speed up the review of up to 13 bills remaining in the National Assembly of the country related to digital assets. As per a…

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IQCent Review – Is IQCent Scam or a Legit Crypto Broker?

IQCent Review – Is IQCent Scam or a Legit Crypto Broker?

August 16, 2022 by Jay Howell

IQCent Review IQCent is an online brokerage firm operating since 2020. The digitalization of economy and easy access to international markets has increased the popularity of online trading. This has provided the people with the opportunity to earn from multiple platforms at…

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What’s Behind Polkadot (DOT)’s 11% Weekly Gain?

What’s Behind Polkadot (DOT)’s 11% Weekly Gain?

August 15, 2022 by Jay Howell

Polkadot has maintained upsides this week as the broad crypto market switched to bullish tides. The improved market sentiments saw DOT recoding double-digit upticks. Many believe the Merge news triggered the sentiment shift, but Polkadot’s DOT has its reasons. Ecosystem developments appear…

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Solana’s NFT Dominance Witnesses New $1 Billion Highs, Thanks To…

Solana’s NFT Dominance Witnesses New $1 Billion Highs, Thanks To…

August 15, 2022 by Jay Howell

The 9th largest crypto by value, SOL, seems to have seen everything, from northbound moves to new ATHs to plummeting following network outages. Nevertheless, one facet of Solana’s dominance still sees bullish strides in different battlegrounds. An Impressive Skyline Most investors could…

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FTX’s Reddit Approach Might Be Crucial to Flipping Coinbase

FTX’s Reddit Approach Might Be Crucial to Flipping Coinbase

August 15, 2022 by Jay Howell

The cryptocurrency market has significantly improved within the past few days. As anticipated, that means a positive impact on investor participation and presence. The recovering crypto prices triggered volume revivals. As a result, cryptocurrency exchanges like FTX secure increased use cases in…

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Fantom, Polygon Poised for Substantial Price Action

Fantom, Polygon Poised for Substantial Price Action

August 15, 2022 by Jay Howell

MATIC gained over 13% during the weekend. Meanwhile, Fantom has retraced approximately 4.4%. The alts seem to progress in opposite directions. Fantom and Polygon seem to gain traction for considerable price movements. Fantom’s FTM and Polygon’s MATIC have revealed negative correlations during…

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Axie Infinity Plans To Double Down In South Korea, Says Sky Mavis Co-Founder

Axie Infinity Plans To Double Down In South Korea, Says Sky Mavis Co-Founder

August 13, 2022 by Jay Howell

Axie Infinity, the P2E (play-to-earn) heavyweight game run by Sky Mavis, is looking to focus on exploring the Korean market to provoke adoption despite the huge regulatory hurdles in the territory. Speaking at the Korean Blockchain Week – KBW 2022, the co-founder…

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Reserve Bank Of Australia Considers Exploring Use Cases For Central Bank Digital Currency

Reserve Bank Of Australia Considers Exploring Use Cases For Central Bank Digital Currency

August 13, 2022 by Jay Howell

The Reserve Bank of Australia is further advancing in the race of central bank digital currencies (CBDCs) to discover a CBDC’s use cases within the country. The collaboration will be witnessed between Australia and the Digital Finance Cooperation Research Centre (DFCRC) regarding…

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Hut 8 Successfully Maintained Its Bitcoin Hodl Strategy In the Month Of July

Hut 8 Successfully Maintained Its Bitcoin Hodl Strategy In the Month Of July

August 11, 2022 by Jay Howell

Hut 8 Mining Corp. (a Bitcoin miner based in Canada) increased its Bitcoin reserves in the previous month, as the company shared its strategy for long-term for HODLing during the elevated volatility that prevailed across the market. Up to 330 BTC were…

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Bitcoin Is A Financial Innovation, Says Director Of Brazilian Central Bank

Bitcoin Is A Financial Innovation, Says Director Of Brazilian Central Bank

August 11, 2022 by Jay Howell

The Central Bank of Brazil’s director, Fabio Araujo, has admired the technological properties of Bitcoin (BTC) classifying the crypto token as a financial revolution responsible for raising exclusive significant products. In addition to this, Araujo elaborated on the importance of Bitcoin in…

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Bear Market Vs. Market Correction – What Are the Key Differences?

Bear Market Vs. Market Correction – What Are the Key Differences?

August 11, 2022 by Jay Howell

Overview Both market correction and bear market usually refer to a time frame that highlights some sort of downfall in the stock market. In a very general meaning, a market correction is experienced when the market has a minimum downfall of 10%…

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CommSec Review – Is CommSec Scam or a Legit Crypto Broker?

CommSec Review – Is CommSec Scam or a Legit Crypto Broker?

August 10, 2022 by Jay Howell

CommSec Review CommSec is an online financial broker operating in Australia. Since being founded at Sydney in 1995, it is operating as one of the highest profile stockbroker firms in Australia. It is a completely commissioned broker owned by the Commonwealth Bank…

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Experts Say Crypto Investors Can Claim Hacked Crypto As A Tax Loss

Experts Say Crypto Investors Can Claim Hacked Crypto As A Tax Loss

August 9, 2022 by Jay Howell

The unfortunate crypto investors can potentially claim their digital assets that were lost in an exploit in the form of a tax loss if they reside in the jurisdiction where laws permit for it. After the news that Solana’s 8,000 wallets had…

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Jack Dorsey’s Block Registers Profit Worth $1.5 Billion Q2

Jack Dorsey’s Block Registers Profit Worth $1.5 Billion Q2

August 9, 2022 by Jay Howell

The digital payments company of Jack Dorsey (the former CEO of Twitter), Block Inc. witnessed a 29% increase in its year-on-year gains at $1.47B in this year’s 2nd quarter, although the Bitcoin (BTC) business of the company has dropped due to the…

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Wallet Provider Slope Has Been Blamed For the Wallet Exploit Of Solana

Wallet Provider Slope Has Been Blamed For the Wallet Exploit Of Solana

August 7, 2022 by Jay Howell

Yesterday, after the turmoil went through by Solana ecosystem, data indicates that Slope (a wallet provider) is hugely responsible for a security hack that took away crypto from several Solana consumers. Slope counts as a provider of Web3-based wallets operating on the…

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Crypto Brokerage Company Robinhood Lays Off A Quarter Of Its Employees

Crypto Brokerage Company Robinhood Lays Off A Quarter Of Its Employees

August 7, 2022 by Jay Howell

Robinhood, an online brokerage platform, will cast off approximately one-fourth proportion of its staff while referring to a constant deterioration witnessed within the company’s macro environment as well as the general collapse of the crypto market. The respective news was witnessed in…

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Monetary Authority Of Singapore Seeks Public Opinion On Stablecoin Regulation

Monetary Authority Of Singapore Seeks Public Opinion On Stablecoin Regulation

August 4, 2022 by Jay Howell

The Monetary Authority of Singapore (MAS) evaluates the regulatory regime’s merits for stablecoins. The present instructions deal with Anti-Money Laundering as well as Know Your Customer (KYC) matters without reflecting the particular hazards associated with the stablecoins. Financial Watchdog of Singapore Moves…

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Highlighting Key Differences Between Custodial and Non-Custodial NFTs

Highlighting Key Differences Between Custodial and Non-Custodial NFTs

August 4, 2022 by Jay Howell

Before we take a deeper dive into the world of NFTs, we must first understand the basics surrounding this new age technology. NFT stands for Non-Fungible Token and are basically digital items and assets having some value, that are stored on a…

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ROInvesting Review – Is ROInvesting Scam or a Legit Crypto Broker?

ROInvesting Review – Is ROInvesting Scam or a Legit Crypto Broker?

August 4, 2022 by Jay Howell

ROInvesting Review ROinvesting is widely regarded as one of the greatest Brokerage firms today. Besides offering high-performance trading platforms, such as the WebTrader and MetaTrader4, the brokerage firm provides a user-friendly mobile application. This online forex broker is well-known for its services…

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Name	Price	24H (%)
Bitcoin (BTC)	$95,232.00	-0.49%
Ethereum (ETH)	$3,288.93	-0.56%
Tether (USDT)	$1.00	0.00%
BNB (BNB)	$936.78	0.40%
XRP (XRP)	$2.06	-0.41%
Cardano (ADA)	$0.396009	0.78%
Chainlink (LINK)	$13.71	-0.64%
Litecoin (LTC)	$74.71	3.61%
Polkadot (DOT)	$2.13	0.59%
Uniswap (UNI)	$5.35	0.64%