Day: March 19, 2023

Mask Network surging, MASK rallies 114% in 7 days

Mask Network’s native token, MASK, continues to retain an uptrend, recently posting sharp gains. When writing on Mar. 18, the token is changing hands at $6.19 per data from CoinMarketCap, a coin tracker. MASK price action MASK is in green, reading from the performance in the daily chart. The token rose from about $4.44 to $6.41 in the past 24 hours, surging over 40%. Mask’s 7-day price action | Source: CoinMarketCap Meanwhile, the token swung from bearish to bullish in the last trading week. As of Mar. 12, MASK traded at $2.8…

Advanced Cryptocurrency Investing Strategies: Master the Art of Crypto Investments

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Cryptocurrency has taken the world by storm in the past few years, with its decentralized nature, borderless transactions, and the potential for significant returns. As the world of digital currencies continues to expand and mature, it’s essential for investors to stay informed about the latest trends, techniques, and strategies. In this blog post, we will dive into advanced cryptocurrency investing strategies to help you optimize your portfolio and achieve your financial goals.   The Foundations of Cryptocurrency Investing Before diving into advanced strategies, it’s essential to understand the foundations of…

U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

When it comes to trading, the good news for investors is the crypto industry has become increasingly less reliant on fiat currencies over the past few years. In fact, the percentage of market share of all volume on centralized exchanges for stablecoins just hit an all-time high following the Silvergate troubles last week as investors continue to prefer stablecoins to traditional fiat. In the last year alone, stablecoins have risen from 79% of volumes to over 90%, commanding the vast majority of volumes on exchanges. Source BankingCryptoCutoffEuropeOpportunitiesPresentsU.S CryptoX Portal

Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA – Regulation Bitcoin News

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The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial Authority Says Cryptos Are Difficult to Fathom, Vulnerable to Fraud Most countries in the West are “tightening the reins” on crypto but a total ban is “difficult to imagine”, the Chair of the Dutch Authority for the Financial Markets (AFM), Laura van Geest,…

Euler Finance hacker sends 100 ETH to red-flagged North Korean address

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Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely follows the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction of 100 Ether (ETH) was allegedly sent to an address associated with North Korea-linked actors. Blockchain investigator Chainalysis identified 100 ETH from Euler’s stolen funds was transferred to an address that was flagged in an older hack with links to North Korea. 100 ETH stolen in…

BlackRock is not interested in buying Credit Suisse 

BlackRock has refuted claims that they are interested in a deal to salvage Credit Suisse, a Swiss-based global investment bank. BlackRock is not buying Credit Suisse Recent reports highlighted that BlackRock, a global investment company with over $10t in assets under management, was planning to acquire Credit Suisse, which is currently facing a liquidity crisis. However, in a tweet, BlackRock said they had no plan or interest in acquiring the troubled lender.  BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has…

Several Crypto Mining Operations Busted in Russia – Mining Bitcoin News

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Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce criminal liability for miners breaking the upcoming legislation for the industry. ‘Underground’ Crypto Mining Farms Shut Down Across Russia Police and power suppliers have uncovered and dismantled illegal crypto mining installations in Siberia and Southern Russia, local crypto news outlets reported this week, quoting authorities. In one of the cases, the organizers of…

Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis

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The recent fall of major banks in the United States and the need for federal intervention reignited discussions to identify the most effective ways to safeguard the crumbling economies. Comparing the episode to the financial crisis of 2008, prominent economist Peter Schiff found that increasing banking regulations contribute to the worsening financial crisis. A deeper analysis of Silicon Valley Bank (SVB) by a group of economists revealed that nearly 190 banks in the United States are at risk of a depositor-driven collapse. It was highlighted that the monetary policies penned…