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Riding the Blockchain Wave: Your Daily Crypto Chronicle We cover everything from market trends and analysis to breaking news and industry developments.

We are your go-to source for the latest and most up-to-date news and insights into the world of cryptocurrencies. Our team of expert writers and analysts is passionate about the ever-evolving world of crypto and dedicated to bringing you the most relevant and accurate information possible. Our mission is to educate and inform our audience about the latest developments in the cryptocurrency space.

Whether you're a seasoned crypto enthusiast or just getting started, our page is the perfect destination for all your cryptocurrency news needs. So stay tuned, and don't miss a beat! Follow us for daily updates, market analysis, expert insights, and much more. Join our community of like-minded individuals, and let's explore the exciting world of cryptocurrencies together!

21/04/2024

Top 5 Gainers 📈 and Losers 📉 this Week in Top 100 Coins on

20/04/2024

Crypto Fear & Greed Index today !

20/04/2024

🚀 Bitcoin just completed its fourth-ever halving event! 🎉

With the mining of its 840,000th block, Bitcoin's rewards are now slashed in half once again. The crypto community is abuzz with excitement, eagerly anticipating Bitcoin's next price moves. Some predictions soar as high as $250,000! 💰

As of now, Bitcoin's price stands at $63,960, marking a 1.16% increase over the past 24 hours according to CoinMarketCap data.

Following this milestone, miners will now receive 3.125 BTC per mined block, down from the previous 6.25 BTC. This programmed event, occurring every 210,000 blocks (about every four years), aims to manage scarcity and regulate Bitcoin's inflationary supply.

The last three halvings, in 2012, 2016, and 2020, have led to significant drops in mining rewards over time. The first halving in 2012 reduced the reward from 50 to 25 BTC.

Initiated by Bitcoin's mysterious founder Satoshi Nakamoto, the halving mechanism is integral to Bitcoin's design, ensuring a controlled release of new coins into the market.

Stay tuned for more updates as Bitcoin continues to make waves in the world of cryptocurrencies! 🌊

03/10/2023

𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐀𝐬𝐬𝐢𝐬𝐭𝐬 𝐓𝐡𝐚𝐢 𝐏𝐨𝐥𝐢𝐜𝐞 𝐢𝐧 𝐓𝐰𝐨 𝐌𝐚𝐣𝐨𝐫 𝐂𝐫𝐲𝐩𝐭𝐨 𝐒𝐜𝐚𝐦 𝐁𝐮𝐬𝐭𝐬

Binance, the world's top blockchain and digital asset infrastructure provider, recently collaborated with the Royal Thai Police in dismantling crypto scam networks. In the first operation, they targeted a 'pig butchering' scam, resulting in the arrest of five key members and asset seizures worth $277M. Over 3,200 victims have sought compensation. Binance's role was praised at a CCIB press conference.

In a separate operation, Binance aided in busting a large-scale crypto fraud network, leading to multiple arrests and the seizure of luxury assets and cash. Binance's Head of Financial Crime Compliance emphasized their commitment to cybersecurity and collaboration with global authorities. Over the years, Binance has fulfilled over 103,000 law enforcement requests, reinforcing its dedication to a secure digital-asset ecosystem.

Cryptoforce India

02/10/2023

The "FTX hacker" continues to make waves in the crypto world, with a bold move of 7,500 ETH ($12.6 million) today, following a series of transactions totaling 22,500 ETH ($38 million) over the past 48 hours, as reported by Lookonchain.
Notably, a $4 million swap from ETH to Bitcoin via Thorchain and Railgun occurred on Saturday, according to The Block.

This elusive entity now commands a staggering 163,000 ETH ($275 million) across multiple wallets, raising eyebrows across the crypto community. Stay tuned for further developments in this ongoing saga. 🚀💰 Cryptoforce India

11/09/2023

Coinbase, a prominent cryptocurrency exchange firm, has announced its decision to discontinue services in India, citing stricter cryptocurrency regulations in the country. Users have been notified that they can use the app until September 25 to withdraw their remaining funds, and new user sign-ups are being halted.

Cryptoforce India

11/09/2023

𝗚20 𝗟𝗲𝗮𝗱𝗲𝗿𝘀 𝗘𝗻𝗱𝗼𝗿𝘀𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀

The G20 leaders have issued a declaration following their New Delhi summit, supporting the Financial Stability Board's recommendations for crypto-assets and stablecoin regulation. They emphasize the need for consistent global implementation to prevent regulatory arbitrage.

𝗜𝗠𝗙-𝗙𝗦𝗕 𝗦𝘆𝗻𝘁𝗵𝗲𝘀𝗶𝘀 𝗣𝗮𝗽𝗲𝗿 𝘁𝗼 𝗚𝘂𝗶𝗱𝗲 𝗖𝗿𝘆𝗽𝘁𝗼 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻

The G20 welcomed the IMF-FSB Synthesis Paper, which includes a roadmap for comprehensive crypto regulation. Finance ministers and central bank governors will discuss its progression in their October 2023 meeting.

𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐂𝐮𝐫𝐫𝐞𝐧𝐜𝐲 (𝐂𝐁𝐃𝐂) 𝐃𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞

G20 leaders acknowledged discussions on the macro-financial impacts of CBDC adoption, especially concerning cross-border payments. They await the IMF's report and welcome the BIS Innovation Hub's insights on CBDC lessons learned.

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08/09/2023

Coinbase, a prominent U.S. cryptocurrency exchange, has launched a crypto lending service catering to large institutional investors in response to the recent market upheaval caused by the collapses of Celsius, Genesis, and Blockfi.

Institutional clients of Coinbase Prime, the exchange's brokerage platform, have already invested $57 million in the lending program, as reported to the U.S.

Securities and Exchange Commission (SEC). This service allows institutions to lend digital assets to Coinbase under standardized terms, qualifying for a Regulation D exemption. The borrowed funds are subsequently used to provide loans to other institutions, marking a strategic move for Coinbase.

Cryptoforce India

07/09/2023

Cryptoforce India

06/09/2023

Visa, a major payment giant, has expanded its settlement capabilities with USD Coin (USDC) to the Solana (SOL) blockchain while partnering with merchant acquirers Worldpay and Nuvei. This collaboration means that certain merchants associated with WorldPay and Nuvei can now accept USDC payments directly via Visa cards, bypassing traditional fiat currencies. Visa has been exploring USDC as a treasury option since 2021, initially partnering with Crypto.com for a live pilot. This initiative extends Visa's ability to settle payments directly in stablecoins, following its success on the Ethereum network. As cryptocurrencies gain traction, traditional financial institutions are increasingly embracing stablecoins and exploring blockchain technology's potential.

Cryptoforce India

06/09/2023

Check out the top 10 cryptocurrencies by 24-hour price change!

Cryptoforce India

06/09/2023

𝐆20 𝐢𝐧 𝐀𝐜𝐭𝐢𝐯𝐞 𝐓𝐚𝐥𝐤𝐬 𝐨𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐔𝐧𝐝𝐞𝐫 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩

Finance Minister Nirmala Sitharaman revealed that the G20 countries are actively discussing a global framework for crypto assets during India's presidency. Key issues related to regulation and establishing a framework for crypto asset management are on the agenda. Active discussions have been confirmed, with global organizations like the IMF and FSB contributing to in-depth papers on crypto regulation. India's focus on a unified global approach aligns with Prime Minister Narendra Modi's recent call for a comprehensive framework and regulations in the rapidly evolving crypto landscape.

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05/09/2023

𝗔𝗹𝗹𝗲𝗴𝗲𝗱 $𝟭𝟯𝟬𝗠 𝗧𝗵𝗲𝗳𝘁 𝗥𝗼𝗰𝗸𝘀 𝗚𝗮𝗹𝗮 𝗚𝗮𝗺𝗲𝘀
Co-founder Eric Schiermeyer has filed a lawsuit accusing fellow co-founder Wright Thurston of stealing over 8.6 billion GALA tokens from Gala Games' wallets, resulting in a $130 million gain. The complaint also alleges Thurston's sale of Gala node licenses, which are used to earn GALA tokens. Schiermeyer seeks restitution for the stolen funds, damages, and Thurston's removal from his director role at Gala Games.

$𝟲𝟬𝟬𝗠 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗪𝗮𝘀𝘁𝗲 𝗖𝗹𝗮𝗶𝗺𝘀 𝗶𝗻 𝗚𝗮𝗹𝗮 𝗚𝗮𝗺𝗲𝘀 𝗦𝗮𝗴𝗮
In a countermove, Wright Thurston filed a case against Eric Schiermeyer, alleging Schiermeyer's misuse of Gala Games' assets and funds without board approval. Thurston claims Schiermeyer destroyed around $600 million worth of GALA tokens and lent millions to himself through a company linked to Gala Games. He seeks damages exceeding $600 million and Schiermeyer's removal from key roles.

𝗚𝗔𝗟𝗔 𝗧𝗼𝗸𝗲𝗻 𝗦𝘂𝗳𝗳𝗲𝗿𝘀 𝗔𝗺𝗶𝗱 𝗟𝗲𝗴𝗮𝗹 𝗕𝗮𝘁𝘁𝗹𝗲𝘀
Gala Games, a platform offering NFT-based games and crypto rewards, faces turmoil as legal disputes between its founders unfold. GALA token, the platform's native cryptocurrency, has dropped 18.5% in the past week, contrasting Bitcoin's stability. GALA currently ranks as the 86th largest cryptocurrency by market cap, valued at $410.6 million.

Cryptoforce India

04/09/2023

Check out the top 10 cryptocurrencies by 24-hour price change!

Cryptoforce India

04/09/2023

Crypto Fear & Greed Index today !

Cryptoforce India

26/08/2023

Bitcoin Halving 2024: Anticipating Market Dynamics and Price Movement

Scheduled for Apr. 20, 2024, the Bitcoin Halving is set to halve the coin issuance rate. The current reward of 6.25 bitcoins for miners every ten minutes will be cut to 3.125 BTC.Pantera Capital predicts that while markets are efficient and should account for this event, demand stability coupled with decreased supply could still drive price growth.Historical patterns indicate price surges before and after Halvings, suggesting a potential rally post-April 2024.

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21/08/2023

Ethereum's developers discussed the upcoming 'Holesky' testnet in a meeting on Aug. 17, scheduled to launch on Sept. 15, 2023. Testing 1.4 million validators, they successfully finalized the network, setting this as the recommended starting size.

They decided to introduce 1.6 billion Holesky ETH into circulation and opted not to match Ethereum mainnet's 120 million ETH supply.

The launch date coincides with Ethereum's Merge launch in 2022, and Holesky will see long-term support until 2027 and an end-of-life phase until 2028. It will replace Ethereum's Goerli testnet, facilitating future Ethereum upgrades called Cancun and Deneb. The testnet's name is inspired by a Czech Republic train station, "Holešky," and contains a hidden postal code reference in its chain ID (17000).

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24/06/2023

The top cryptocurrency exchange Coinbase has received a reprieve from the U.S. Supreme Court in a lawsuit brought by one of its users. The lawsuit must wait until Coinbase successfully defends an appeal against a lower court decision, according to the court's decision, which was reached by a razor-thin 5-4 majority. This result effectively halts the class action lawsuit's progression through the federal court system and permits Coinbase to continue its pursuit of arbitration in the face of a putative class action lawsuit. Although this win is unique to Coinbase, it has little overall influence on the cryptocurrency market. Speaking for the majority, Justice Brett Kavanaugh emphasised that the district court must halt all pre-trial and trial activities while the interlocutory appeal is still pending.

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21/05/2023

USDC and BUSD see significant redemptions, culminating in a loss of more than $7.3 billion in the stablecoin economy in 2023.

Because of the outflows from these notable stablecoin initiatives, the market has seen a significant fall in value.

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20/05/2023

Hong Kong has launched the e-HKD digital currency pilot programme, which includes 16 significant enterprises such as HSBC, Bank of China, and Alipay.

The pilot intends to investigate potential use cases in a variety of areas, including payments, tokenized deposits, and tokenized asset settlement. The Hong Kong Monetary Authority (HKMA) will work closely with stakeholders to investigate implementation and design concerns, with major findings shared at the Hong Kong Fintech Week in November.

While the HKMA has yet to decide whether or not to introduce e-HKD, the pilot programme provides an opportunity to investigate creative use cases and improve readiness for a prospective digital currency.

This project is consistent with the HKMA's "Fintech 2025" vision and its three-tiered approach to e-HKD adoption.

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20/05/2023

Bitcoin voucher provider Azteco has secured $6 million in a funding round led by Jack Dorsey, CEO and Chairperson of Block, Inc.

The California-based company aims to promote financial inclusion and long-term stability by offering minute bitcoin portions through its voucher system.

The investment round also saw participation from Lightning Ventures, Hivemind Ventures, Ride Wave Ventures, and others.

Azteco's mission is to assist the unbanked population by providing a low-cost and secure alternative to traditional banking.

Dorsey expressed his admiration for the startup's mission and highlighted the importance of closing the gap for the unbanked population. Founded in 2014, Azteco's voucher system enables users to save, spend, and transfer small bitcoin amounts, and this funding will support their efforts to achieve financial freedom and reach a wider consumer base.

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18/05/2023

Indian crypto exchanges and a policy firm have urged the government to restore access to the national Unified Payments Interface (UPI) for crypto firms.

The UPI access was allegedly suspended in 2022, leading to a series of challenges for the crypto industry in India.

The proposals, including one from the newly formed Bharat Web3 Association (BWA), mark the first significant efforts by crypto stakeholders to seek policy changes in the country.

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14/05/2023

Florida Governor Ron DeSantis has signed a bill that bans central bank digital currencies (CBDCs) in the state, citing concerns about the potential use of CBDCs to control and surveil Americans.

The bill prohibits the use of a CBDC as money in the state and calls on other states to institute similar prohibitions.

DeSantis claimed that the Biden administration is studying CBDCs to eliminate other types of digital assets, like cryptocurrencies.

The move comes amidst increased talks and discussions on the development of CBDCs across the globe, with many central banks considering launching their digital currencies to modernize their economic systems.

However, some analysts have raised concerns over the potential impact of CBDCs on privacy and financial independence.

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14/05/2023

Binance, the world's largest cryptocurrency exchange, has announced its exit from Canada due to challenging regulatory tensions, citing new guidance related to stablecoins and investor limits as the reason.

The Canadian Securities Administrators' new guidance prohibits crypto asset trading platforms from allowing customers to buy or deposit stablecoins without approval, requiring the platform to pass various due diligence checks.

Although Binance doesn't agree with the new regulations, it still hopes to work with Canadian regulators to further develop a regulatory framework for cryptocurrencies.

Binance's co-founder and CEO, Changpeng Zhao, is a Canadian citizen, and the company describes its exit from the country as holding "sentimental value."

Cryptoforce

12/05/2023

Bitcoin network congestion has been gradually clearing up, resulting in a significant drop of up to 90% in onchain fees. As of May 11, there are over 300,000 unconfirmed transactions waiting for confirmation, with approximately 185 blocks needed to clear the backlog.

The recent surge in demand can be attributed to the craze for Ordinal inscription and the emergence of the BRC20 token economy.

The drop in onchain fees has brought relief to bitcoin users, with high-priority transactions costing just $3, down from $31 per transfer a few days ago.

The current block times have been averaging below the ten-minute mark.

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