The worldwide crypto market valuation is now $2.01 trillion, down 1.43 percent from the previous day. The overall crypto market volume over the last 24 hours has decreased by 4.70 percent to $115.63 billion dollars. The overall volume of all stable coins is now $91.78 billion, accounting for 79.38% of the total 24-hour volume of the crypto market. The current Bitcoin price is $48,505.04.
Bitcoin's market share is now 43.96 percent, up 0.03 percent from the previous day.
A US Securities and Exchange Commission (SEC) official labelled crypto frauds the "flavour of the year" at a virtual seminar on consumer fraud on Wednesday.
Fraudsters use attractive industries like cryptocurrency to attract victims, according to Peter Diskin, an assistant regional director at the SEC's Atlanta office.
Microsoft has been granted a patent in the United States for software that it claims can assist users in developing blockchain applications by enabling the creation of crypto tokens for various distributed ledgers quicker and more efficiently.
Due to a lack of consistency across multiple blockchains, producing and managing tokens is now "complex and tedious," according to the patent.
Jared Rice, Sr., the inventor of AriseCoin, was sentenced to five years in federal prison for his role in a $4.25 million Ponzi scheme.
Rice, 33, was also the CEO of AriseBank, the world's "first decentralised banking platform," according to the company's website.
VeChain, a supply chain management platform, has launched a new tool that will help organisations combine their carbon footprint data management procedures.
The new service combines decentralised ledger technology with a software-as-a-service (SaaS) business model, according to a Medium post published on Thursday.
Major Bitcoin (BTC) ATM operators in the United States are banding together to combat illegal Bitcoin ATM activities.
The Cryptocurrency Compliance Cooperative (CCC), a new organisation founded by Bitcoin ATM providers DigitalMint and Coinsource, aims to develop compliance guidelines for the Bitcoin ATM sector.
India's Securities Watchdog
Beginning next year, India's securities regulator wants to rely largely on distributed ledger technology for the monitoring and recording of financial products.
By April 1, 2022, the Securities and Exchange Board of India (SEBI) plans to implement a system for "security and covenant monitoring" for non-convertible debentures (NCDs).
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