Crypto News

Payments giant Visa announces interoperability platform for CBDCs and stablecoins.
Visa is working on a platform that will allow for interoperability between CBDCs and stablecoins in a move that could revolutionize payments in digital tokens.

Ethereum, Shiba Inu Price Analysis: October 11, 2021
Ethereum recoils from the support at the 50-day SMA, aiming for a break toward $4,000. Shiba Inu holds above $0.000025 after gaining ground from $0.00002.

Bitcoin network tags record high for daily settlement volume
The value settled on the Bitcoin network has been surging recently, reaching a new daily all-time high last week.

Nuclear engineer sells classified data to undercover FBI agents for crypto
A nuclear engineer and his wife have been arrested in West Virginia on charges of espionage and selling restricted data.

Despite criticism, Shiba Inu may have a ‘point’ to make
Michael Burry, the investor who is famous for accurately predicting the 2008 U.S. financial crisis, has called Shiba Inu “pointless.”

5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has predicted. He cited three key reasons why he arrived at this conclusion. “Developing countries will jump into crypto in 2022,” he said.

Former Tech Mogul and 25 Others Arrested in Alleged Massive Trading Scheme Involving Crypto: Report
A joint operation by Israeli police and the Federal Bureau of Investigation (FBI) has led to the arrest of a former tech mogul and 25 other people for their alleged participation in a fraudulent trading scheme involving cryptocurrencies.

US Senator Ted Cruz says Texas should use abundant energy for bitcoin mining.
Ted Cruz, the US Senator from Texas, recently addressed the Texas Blockchain Summit and mentioned that the state could use abundant energy for Bitcoin mining. Cruz also highlighted the key benefits of Bitcoin mining through natural gas. Bitcoin mining has always been the hottest topic for discussions among the crypto community. Despite the latest jump in its adoption and price, the world’s leading cryptocurrency has been criticized for the significant use of energy in its mining.

Polkadot ($DOT) Could Reach New All-Time High After Launch of Parachain Slot Auctions
Popular crypto trading and market analysis show Coin Bureau claims a highly-anticipated milestone for Polkadot ($DOT) could push the asset’s price to a new high.

Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela
Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of the Maiquetía International Airport, the institution would be working to include cryptocurrencies such as dash, bitcoin, and the national petro as supported currencies in the airport’s payment system.