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Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says

[ad_1] For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to govern fast-growing trading platforms, according to Rand Low, a quantitative risk modeller and senior fellow at the University of Queensland Business School. Citing crypto lending platforms like Coinflex and Celsius and the collapse of Three Arrow […]

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Cardano’s Adaswap public testnet goes live on Milkomeda Network

[ad_1] Adaswap, a Gal Gadot-backed decentralized exchange (DEX) platform on the Cardano network, has launched its public testnet. A press release shared with CoinJournal stated that the Adaswap DEX, also backed by Shima Capital, was going live today 29 June 2022. According to the platform’s team, the testnet launch makes the project among the very

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Bitcoin faces fresh pressure as US dollar crushes gold, risk assets

[ad_1] Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView USD sets yet another 20-year record Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retreating to $19,281 on Bitstamp as the Independence Day long weekend concluded

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Klever set to launch layer 1 blockchain mainnet, the KleverChain

[ad_1] Blockchain network Klever has announces it will launch its layer 1 blockchain mainnet duped KleverChain on July 1. The mainnet will enable the Klever ecosystem to gain full independence allowing it to bring more products and services to its ecosystem. Klever has positioned itself as a top-tier public blockchain infrastructure for the internet with

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Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption

[ad_1] The Bitcoin (BTC) Lightning Network continues going through the roof by making historic highs. As a layer two scaling solution on the Bitcoin network, the Lightning Network (LN) boosts the blockchain’s capacity to undertake transactions more efficiently through micropayment channels. It currently comprises more than 4,000 BTC. Source: Glassnode Therefore, transactions on lightning networks

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Russians banned from accessing Bitmex within European Union

[ad_1] Major cryptocurrency exchange BitMEX is working to increase compliance with the European sanctions against Russia by preparing to enforce major restrictions for its Russian users. BitMEX is changing its restricted jurisdictions policy in order to be compliant with various restrictive measures of the European Union, Cointelegraph has learned. The BitMEX crypto exchange notified a

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Swappi (PPI) Announces First Exchange Listing on BitMart

[ad_1] New York, NY, 1st July, 2022, Chainwire PPI, the native token of Swappi, is now available for trading on global crypto exchange BitMart Swappi, an AMM-based decentralized exchange (DEX) deployed on Conflux eSpace, today announced its first exchange listing on BitMart. Swappi’s native token PPI is now available for trading on BitMart, a leading

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EPC Blockchain among 16 Startups Selected to Join EY Incubator

[ad_1] Big four accounting firm Ernst & Young (EY) has selected 16 early-stage startups to join its EY Foundry Cohort 5 program to propel disruptive solutions in four areas: sustainability, new enterprise, people and wellness, and services of tomorrow. EPC Blockchain, a Malaysian-based firm, is among those chosen, and it utilizes blockchain technology to record

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