South African rugby icon Siya Kolisi headlines new crypto advertising campaign
29.8.2022
The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa
Galaxia NEXT Partners Plan X Lab to Prevent NFT Theft
29.8.2022
Galaxia NEXT and Plan X Lab have come together for something that has been bothering many users for a long time – the unauthorized theft of non-fungible tokens. Galaxia NEXT and Plan X Labs have signed an MoU wherein they commit to protecting NFTs issued through Meta Galaxia, an...
Why It Can Feel Good to Be Bad in the Metaverse
29.8.2022
Virtual reality is fun. It’s a release. But when does it become a little too real?
Court Rules Bithumb Must Pay Damages to 190 Customers Over ‘Computer Errors’
29.8.2022
A South Korean appeals court has ruled that the crypto exchange Bithumb is liable for damages in the case of a group of traders who missed out on trading gains due to “computer errors.”
Per Newsis, the verdict was issued by a branch of the Seoul High Court. The case dates back to 2017 and involves...
Bitcoin (BTC) Rejects From Recent Peak to Fall by 15%!
29.8.2022
Bitcoin’s motion and movement in terms of price action have entered a negative trend after months of consolidation and positive breakout attempts. The price analysis of individual candles on daily charts indicates the inability of BTC buyers to surpass the 100 EMA curve to turn instrumental...
What the Taliban crackdown means for crypto's future in Afghanistan
29.8.2022
The Taliban have finally banned crypto in Afghanistan, but many users and traders call it one of the “worst” decisions taken by the government so far
Diving Deep into DeFi to Navigate the New Wave of Finance
29.8.2022
The DeFi sector in CoinDesk DACS refers to projects that support financial products and services that are not facilitated with any central entity
Dollar Soars as Fed Announces High-Interest Rates
29.8.2022
The week started with the US dollar soaring through the roof. The safe haven briefly crossed its 20-year highs against multiple currencies as the Fed indicated high-interest rates for some more time. According to Jerome Powell, the Federal Reserve Chair, the interest rates will help bring down...
Bybit Announces Support for Arbitrum Nitro Upgrade
29.8.2022
Bybit recently became one of the crypto exchanges to support the Arbitrum Nitro upgrade. The platform released an official post to announce the upgrade that will take place on August 31 at 2:30 PM UTC. Every deposit and withdrawal of tokens like USDC, USDT, and ETH through Arbitrum One will...
MEXC Global Launches the World’s First Blue-Chip NFT Index to Fast-Track Adoption
29.8.2022
MEXC Global, one of the most liquid cryptocurrency exchanges with over seven million users, has launched the world’s first index for blue-chip non-fungible tokens (NFTs) to lower the participation threshold for interested retail investors. In a recent press release, the crypto ramp, which...
Bitcoin and Ethereum Consolidate, AVAX and CHZ Dive
29.8.2022
Bitcoin price found support near the USD 19,500 zone. BTC started a consolidation phase above the USD 19,500 level. It is currently (11:20 UTC) trading near USD 19,800 and might attempt a recovery above USD 20,000.
Similarly, most major altcoins are consolidating losses. ETH is trading below...
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
29.8.2022
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza...