India Enforces Stricter Crypto Laws to Prevent terrorism and money laundering
India’s financial intelligence agency has declared enhanced identity verification protocols for cryptocurrency exchanges to combat money laundering and terrorist financing. Press Trust of India reports that to prevent money laundering and the funding of terrorism, India’s financial intelligence agency has proposed more stringent identity checks for cryptocurrency exchanges. The Financial Intelligence Unit (FIU) revised its […]
Bitcoin May Enter Central Bank Reserves and Climb to $2.9M by 2050
According to VanEck’s 2050 base case, Bitcoin will compound at a rate of 15% per year to approximately $2.9 million, settling up to 10% of world trade and reaching 2.5% of central bank reserves as a monetary hedge. According to the analysis by VanEck analysts Matthew Sigel and Patrick Bush, Bitcoin may reach these […]
After a Truebit Protocol exploit, the TRU token completely collapses
A Truebit Protocol exploit has wiped out nearly $26 million in ETH, causing the TRU token to crash almost 100%. Here’s what happened, why it matters, and what users should know. Following the confirmation of a security incident involving an Ethereum smart contract by the computation verification protocol, the TRU token of the Truebit Protocol […]
After a 70% increase, the price of WIF declines and enters the “make-or-break” zone
Dogwifhat (WIF) shows signs of a potential bullish reversal after a sharp pullback. Analyst highlights key support at $0.30 and resistance at $0.44 as crucial levels for the next major price move. The most recent increase in Dogwifhat (WIF) may have signaled the beginning of a wider trend, according to independent cryptocurrency chartist More Crypto […]