Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation
3.9.2021
In an unexpected turn of events, Switzerland’s Basler Kantonalbank (BKB) has announced it shut down its cryptoasset-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025. BKB has also decided to close its fintech subsidiary Keen Innovation which...
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
3.9.2021
The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure in the country. The rise of digital currencies has created a new industry that uses cheap energy and turns it into precious...
Dfyn Integrates Chainlink Price Feeds
3.9.2021
Soon after the launch of its predictions market, Dfyn Network is now working on its integration with Chainlink Price Feeds on the main network of Polygon to employ the Oracle infrastructure of Chainlink. The predictions market is going to use the price feed of MATIC/USD as a transparent and secure...
Fractionalized Doge NFT Hits Implied Valuation of USD 500M
3.9.2021
The sale of the DOG tokens representing ownership of the legendary Doge meme non-fungible token (NFT) raked in USD 45m in a recently completed auction. Meanwhile, current DOG token prices on decentralized exchanges values the NFT at USD 500m.
The famous NFT, which was purchased by the digital...
Australian Dollar Prediction AUD-USD Sees Domestic Data Prints Before NFP
3.9.2021
The Australian dollar, a risk-sensitive currency, is surging after the closing of the Asia-Pacific trading week. Another factor supporting its growth is the data regarding US jobs, showing relief in the number of infected. During the recent Wall Street trading session, traders dropped the...
Nigeria's securities regulator establishes fintech unit to study crypto
3.9.2021
With much of the Nigerian crypto market underground or peer-to-peer due to government restrictions, the country’s securities regulator is looking into ways to make investors safer
BTC price dips to test $48K 'springboard' for potential new Bitcoin bull run
3.9.2021
A brief but timely reversal sees BTC/USD attempt to establish a firm foundation for its next stage of bullish upside
Bithumb crypto exchange reportedly bans foreigners without mobile KYC
3.9.2021
Bithumb’s stricter KYC requirements come in line with South Korea’s tightened Anti-Money Laundering regulations regarding foreign users of crypto exchanges
Shop.com now accepts Bitcoin payments after partnership with BitPay
3.9.2021
The e-commerce portal offers the option to pay with Bitcoin, Ether, Dogecoin as well as several major dollar-pegged stablecoins
Central Bank of Brazil Researches Creation of Digital Real
3.9.2021
Fabio Araujo, a representative of the Central Bank of Brazil, talked about the possible development of a Digital Real at a public hearing before the Committee on Science, Technology, Innovation, Communication and Information Technology of the Brazilian Senate. Araujo clarified that the Digital Real...
Twitter Reportedly to Enable Adding Bitcoin & Ethereum Addresses to Profiles
3.9.2021
It seems that the social media giant Twitter is now testing its newest additions to the Tip Jar service - Bitcoin (BTC) and Ethereum (ETH) addresses on users' profiles.
As reported, Twitter has started beta testing a Bitcoin Lightning Network tipping service, which would allow users to make smaller...
Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation
3.9.2021
Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...