Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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BTC Soars High as MassMutual Invests $100 Million in Bitcoin

Bitcoin went a strong pullback as its price dipped lower to $17,700. The cryptocurrency went on a downward string as the stock market faced a correction. However, it bounced back higher above $18,000 amid American insurance company MassMutual invests $100 million in Bitcoin. Even though MassMutual’s investment in Bitcoin is...

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SEC Commissioner Believes Crypto Regulation Can Harm the Deprived

Commissioner at the U.S. Securities and Exchange Commission Hester Peirce has been recently sworn in for a second term at the agency. Known popularly as Crypto Mom, Peirce has been a strong advocate for the cryptocurrency space under regulatory context. However, in a speech on Dec. 10, Peirce said that...

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XRP Whales Hits All-Time High Amid Upcoming Spark Token Airdrop

XRP whales have increased significantly since the start of early November. Data analytics platform, Santiment has also said that XRP users holding more than 10 million tokens ($5.6 million now) have hit its all-time high of 339. The new ATH represents an increase of over 10.1% increase from over the...

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Bitcoin FOMO: Is It Too Late for New Bitcoin Investors?

There’s hardly anyone that is very engaged with today’s digital payment ecosystem that will not have heard about Bitcoin (BTC) and at least one of the numerous cryptocurrencies out there. Nonetheless, there is a high probability that those who have not heard anything about Bitcoin will do so in no...

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Glassnode’s CTO Believes Bitcoin Will Break Into Six-Figures In Future

Rafael Shultze-Kraft, the CTO of crypto data market aggregator Glassnode, has predicted that Bitcoin will break into six-figures based on market indicators. According to him, the price of the world’s largest cryptocurrency by market capitalization is set towards increasing by more than 10 times. Schulze-Kraft’s every prediction indicated that the...

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The LTC Market Is in an Awkward Situation

The weekend that comes after a difficult trading week in the LTC market promises to be busy. Too easily, buyers have allowed sellers to take the market wheel and start their trend. As expected in the previous article the price moved to the important test range of $73-76. In fact,...

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Here's Why Many People Advocate for the Cold Wallet Storage of Cryptocurrencies

There are not many ways people keep their cryptocurrency holdings, and it can either be through cold or hot wallet storage. While the entire cryptocurrency industry is experiencing a new influx of people into the crypto space on a daily basis, new entrants are hardly educated about the safest ways...

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FinCEN Encourages Financial Institutions for Information Sharing

The Financial Crimes Enforcement Network (FinCEN), a U.S. agency that fights financial crimes has encouraged financial institutions to share customer information with each other to prevent financial crimes. These financial institutions could range from cryptocurrency exchanges to traditional banks. FinCEN further released a fact sheet regarding guidance on sharing personal...

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MicroStrategy Raises $650M of Convertible Bonds to Finance Bitcoin Purchases

MicroStrategy, a well-known business intelligence firm, has recently announced that it has raised $650 million of convertible bonds. These funds are particularly to finance more Bitcoin purchases. This has been confirmed by the firm on Friday, December 11, 2020, and has been sold at the rate of 0.75%.  As per...

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Court Orders Blockvest to Pay $700k Penalty In ICO Fraud Suit

The United States District Court for Southern District of California has ordered the founder of Blockvest LLC, Reginald Buddy Ringgold, to pay a penalty of $700K. The court has included a civil penalty of $332,370.99 along with a penalty for receiving ill-gotten gains of $363,726.91, including prejudgment interest. The legal...

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Vladimir Putin Signs New Order, Requiring to Declare Crypto Holdings

Vladimir Putin, the President of Russia, has signed a new order on Thursday, December 10, 2020. With this new order, all the Russian public officials are required to declare all of their crypto holdings. This has been made a mandatory step for all the officials who are having crypto holdings. ...

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CleanSpark to Acquire Bitcoin Miner ATL Data Center for $19.4 Million

CleanSpark, an advanced software solutions company, focused on solving modern energy challenges has announced on acquiring U.S. Bitcoin miner ALT Data Centers for $19.4 million in common shares. The move behind the acquisition includes utilizing CleanSpark’s technology at the ATL facility for energy savings, expansion of power capacity, and reduction...

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SUNACRIP Signs Legal Agreement to Promote Crypto Mining Activity

Venezuela is moving towards a wider crypto adoption and with this, they are looking for better crypto regulations. Now the country is looking to change the electricity rates for crypto mining activity. National Superintendency of Crypto Assets and Related Activities (SUNACRIP) of Venezuela, has recently signed a legal agreement named...

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NFT Game Aavegotchi Will Launch Mainnet in Early January

NFT game Aavegotchi, inspired by the popular game from the 90s, Tamagotchi, is launching its mainnet on Jan 4. The Defi game was initially funded by an ecosystem grant from Aave. Last month, Aave DeFi protocol had officially announced its investment in Pixelcraft Studios, the Singapore-based company building Aavegotchi. The...

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KRX’s Market Oversights Committee to Scrutinize Crypto-Linked Stocks for Unfair Trading

KRX’s Market Oversights Committee has recently announced that they will be inspecting both bio-related and crypto-linked stocks. This includes firms related to healthcare and vaccines. Between November 30 and December 04, around 56 warnings have been issued to several firms, due to concerns related to unfair trading. Currently, the focus...

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OKEx India Banks Big On Desi Audience - Launches Back-2-Back Campaigns

It’s no joke when the nation of diversity meets one of the most diverse cryptocurrency marketplaces in the world. OKEx, one of the leading spots for crypto traders, successfully entered the Indian market a little over 4 months ago and the rest is history. OKEx P2P platform is a marketplace...

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The Bitcoin that Is New to Gen-X Today will be Old to the Centennials of Tomorrow

Bitcoin is just about 12 years old and the growing media hype around the digital currency has brought some questions to the fore. One of these questions is whether Bitcoin’s lifespan will predate this current and coming decade? Many even seek to know if Bitcoin will be valuable for generations...

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U.S. Treasury Faces Breach, Crypto Players Responds With Bitcoin Advantages

The U.S. Treasury Department has recently faced a breach which is reportedly backed by the Russian Government. Along with the Treasury, the National Telecommunications and Information Administration (NTIA), and the Department of Commerce were also the victim of this attack. Moreover, the attack has been made by a sophisticated hacking...

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Nearly 20,000 Transactions Conducted in Digital Yuan Through JD.com

Chinese citizens have conducted roughly 20,000 transactions through e-commerce platform JD.com in a trial of the country’s Digital Yuan. The trial took place on the Double Twelve shopping festival, a major online shopping spree. Around 80% of the younger population born between 1980 and the 1990s participated in the digital...

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