Ethereum Open Interest Supersedes BTC by 32% for The First Time

Ethereum Open Interest Supersedes BTC by 32% for The First Time

For the first time, Ether (ETH) has surpassed Bitcoin (BTC) in the options market as the open interest (OI) of Deribit Ether options, with a value of $5.6 billion, topped the OI of Bitcoin options, with a value of $4.6 billion.   When a trade is opened, all of the contracts are added together, and … Read more

Bitcoin-related Murder-for-hire Plotter Gets 10 Years in Prison

Bitcoin-related Murder-for-hire Plotter Gets 10 Years in Prison

Monday, the U.S. Department of Justice announced that Jessica Leeann Sledge of Pelahatchie, Mississippi, has been sentenced to 10 years in prison for allegedly attempting to hire an assassin via a dark web website using Bitcoin. According to United States Attorney Darren J. LaMarca and Special Agent in Charge Jericha Fomby of the FBI’s Jackson … Read more

Millicent Carried Out the Worlds First ‘Full-Reserve Digital Currency’ Test!

https://www.millicent.io/

Millicent has broken new ground by becoming the first organization in the world to conduct a test of a digital currency with a full reserve. On Thursday, July 14, the distributed ledger fintech company Millicent made the announcement that it had successfully completed the world’s first experiment of a Full-Reserve Digital Currency (FRDC) directed at … Read more

Trading Volume on Cryptopunks Surges 2,253% as Tiffany & Co. Debuted Its Unique NFT Collection

Trading Volume on Cryptopunks Surges 2,253% as Tiffany & Co. Debuted Its Unique NFT Collection

The trade volume of CryptoPunks, which is one of the most famous nonfungible token (NFT) collections in the industry, increased by 2,253 percent over the course of a single day on Monday. During that time period, a total of over 1,226.68 ether (ETH) worth of Punk NFTs was traded. The demand increase is related to … Read more

New York AG Invites Whistleblowers to Expose Shady Crypto Firms

New York AG Invites Whistleblowers to Expose Shady Crypto Firms

Despite the high volatility of the cryptocurrency market, New York Attorney General Letitia James has made it possible for investors who believe they may have witnessed corruption at a cryptocurrency firm to come forward and file a complaint as a whistleblower. In a notice published on Monday, Attorney General Letitia James urged residents of the … Read more

Babel Finance, A Crypto Lender, Lost 8,000 BTC in Client Money!

Babel Finance, A Crypto Lender, Lost 8,000 BTC in Client Money!

According to a proposal deck that was referenced in a recent publication, Babel’s losses included the elimination of 8,000 BTC and 56,000 ETH that were held in unhedged proprietary trading positions. According to a report by The Block, which cited the cryptocurrency company’s restructuring proposal deck, the troubled cryptocurrency lender Babel Finance, which froze customer … Read more

Best EU Crypto Regulation Compliant Cryptos to Buy

Best EU Crypto Regulation Compliant Cryptos to Buy

Both Ethereum and Cardano are suitable candidates in terms of their environmental awareness. The European Union (EU) has developed laws for cryptocurrencies, and one of the most important areas of concentration is on the environmental metrics of cryptocurrencies. Among the various cryptocurrencies, Cardano and Ethereum are examples of those that comply entirely with these standards. … Read more

Monkeyleague and BAYZ Collaborate to Produce Esport Soccer Games

Monkeyleague and BAYZ Collaborate to Produce Esport Soccer Games

MonkeyLeague is a play-to-earn Web3 soccer game that was just released on the Solana blockchain. Recently, the company made an announcement regarding its relationship with BAYZ, a Brazilian Web 3.0 gaming DAO. As part of the agreement, MonkeyLeague has contributed a substantial quantity of NFT assets, which will be given away to the best players … Read more

Crypto Exchange Kraken Being Probed Over Iran Sanction Violations

Crypto Exchange Kraken Being Probed Over Iran Sanction Violations

According to a report that was written and distributed by the New York Times, sources claimed that Kraken is being probed for allegedly violating US sanctions imposed on Iran. Kraken is a bitcoin exchange and bank that was established in 2011 and is situated in the United States. It was one of the initial exchanges … Read more

Now There is an Online Business Course for Metaverse

Now There is an Online Business Course for Metaverse

The Wharton School of Business at the University of Pennsylvania made the announcement on Tuesday that the Aresty Institute of Executive Education will begin offering a certificate program titled “Business in the Metaverse Economy.” More Details of the Course The course will be offered online for a duration of six weeks and will include a … Read more