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SEC accepts Ripple’s request: A genuine gesture or strategic move

The SEC has accepted a recent Ripple request made on 9 August in what seems like a strategic move. The Defendants’ legal team proposed three exemptions in their opposition to their motions to exclude expert testimony. According to data procured from James Filan, the Ripple team wants to seal identities of non-parties, identities of certain Ripple employees, and personal financial information for a Ripple employee. Ripple’s legal consensus believes it is important to...

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Big Bounce For Cardano Soon If ADA Falls To This Level?

After a price downtrend in the recent times, ADA holders could finally brace for a jump. Following a steep fall earlier this month, Cardano (ADA) has been steady at the $0.45 range in the last few days. A big bounce is anticipated for Cardano if the current downfall continues in short term. As of writing, the ADA price stands at $0.4324, up 7.07% in the last 24 hours, according to CoinMarketCap.

Big Bounce Ahead For Cardano?

According to Bitcoinsensus,...

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Most Acala Services Still Offline Twelve Days After Attack

Key Takeaways

Acala said today that most of its services remain paused after an attack that occurred on Sunday, August 14. Of the 22 services listed on Acala's website, 18 services are paused while three are operating normally. Acala says that it is working to restore functionality and recover aUSD through its trace efforts.

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A majority of services on Acala are still offline, according to a statement from the project today.

Majority of Acala Services Are Down

Acala is still attempting to restore...

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Why Uniswap is still poised to deliver robust long-term growth

Uniswap managed to maintain healthy trading volumes in the last couple of months amid a disruptive bear market. A healthy outcome but events that unfolded during the bear market underscore its ability to become a bigger juggernault in the DeFi space than it already is. A recent Grayscale report about the ongoing bear market helps to put Uniswap’s potential into perspective. It notes that Uniswap has more depth for major cryptocurrency pairs than top centralized crypto exchange. This includes Binance which...

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Cardano Aims For $0.52 Amid Consolidation; Is Worth Buying?

Published 6 seconds ago Cardano price analysis indicates a bullish outlook for the day. The altcoin is gaining against most of the major’s mute movement. ADA has undergone a consolidation after it started its fall on August 14. The price depreciated nearly 26% so far. Curretnly, the buyers attempts to shield $0.4388 zone, and is making a quick recovery toward $0.5065. There is a strong upside barricade place around $0.4926. Additonal buying interest is required to push the price higher. Cardano...

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Seedify promotes massive airdrop of new utility token to top NFT communities

Seedify, the leading blockchain gaming and NFT Launchpad and Incubator, is about to launch its new utility token, $SNFTS. This will be the primary token for the upcoming NFT Marketplace that Seedify is building,  providing higher chances of joining the NFT launches that will take place in the Seedify NFT Launchpad.  When Seedify first launched, they promoted a huge $SFUND airdrop to ensure the maximum number of people in the crypto space would have access to their ecosystem and enjoy...

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EOS: Recent breakout could mean this for long term holders

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The recent bullish crossover on the 20 EMA (red) and the 50 EMA (cyan) came to fruition after EOS’s side-channel (yellow) breakout. The resultant growth entailed a position above the near-term EMAs. But the 200 EMA (green) evoked the selling pressure and a few red candlesticks. The recent bearish pull below could help the sellers inflict a near-term decline before...

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Tornado Cash Developer Worked for Russian Security Agency

Alexey Pertsev, the developer of sanctioned crypto mixer Tornado Cash, was reportedly linked to Russia’s security agency FSB, the latest report from intelligence firm Kharon states.  Earlier this month, the U.S. Treasury Department sanctioned Tornado Cash citing its use for money laundering by North Korea’s Notorious Lazarus Group. Following this ban, the Dutch government later arrested Alexey Pertsev, a resident of the Netherlands, over suspicion of “involvement in concealing criminal financial flows and facilitating money laundering”.  However, the global community stood...

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