Fiancial Sector Players Call for Improved KYC Regulations


Conventional financial service and banking providers have called for improved know-your-customer (KYC) protocols in a bid to build a more powerful digital environment for the world of finance – and want to collaborate with innovative partners on sandbox projects. Today, in a Bank for International...

Justin Sun Finally Snatches a Beeple, as Sophia the Robot Enters NFT


After failing recently to acquire a piece he aimed for, Tron (TRX) founder Justin Sun has finally succeeded in buying a non-fungible token (NFT) art piece by the celebrated human artist Beeple. Meanwhile, robot artist Sophia is entering the NFT frenzy, too. Sun bought 'Ocean Front,' an NFT work...

Indian Government May Block IP Addresses of Crypto Exchanges


As the Indian government prepares to introduce the cryptocurrency bill, there are reports that it is considering blocking the IP addresses of cryptocurrency exchanges. Despite ban reports, many people in the Indian crypto community believe that the government will not impose an outright ban...

Ethereum Fees To Stay High Even With EIP-1559 - Another Analyst Says


The discussion over the Ethereum (ETH) network's high fees continue, with many looking at incoming Ethereum improvement proposals (EIPs) and layer 2 (L2) projects as potential solutions - but the much-talked-about EIP-1559 is not it, said yet another analyst. While Ethereum's adoption has seen...

Tidal Finance and Elrond Network Form a Strategic Alliance


Tidal Finance announced its strategic partnership with Elrond Network via their respective Twitter handles. Tidal Finance is a high-yield insurance platform dedicated to offering a safe and secured DeFi (Decentralized Finance) network powered by Polkadot technology to provide personalized insurance...

Dvision Network Set to Release Limited-Edition NFT Characters


The NFT sector continues to grow, and it is no surprise that Dvision Network is looking to release NFTs. The Virtual Reality blockchain platform offers users the opportunity to purchase virtual space within its ecosystem, and NFTs are a significant part of this. Limited-Edition NFT Characters...

Bitcoin, Ethereum and Altcoins Consolidate Losses


Bitcoin price settled below the USD 55,500 and USD 55,000 support levels. BTC is consolidating losses and it is currently (12:30 PM UTC) trading above USD 54,000. If there is no upside break above USD 55,000, there is a risk of more losses below USD 53,800. Similarly, most major altcoins...

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