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Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive
10.2.2021
Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial...
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China
10.2.2021
A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services, DBX said the firm already obtained a license to go ahead with the operations. Final Certificate of Incorporation Granted...
Record $584M Litecoin futures open interest signals institutional inflow
9.2.2021
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the altcoin
Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
9.2.2021
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies
ConsenSys introduces major AirSwap upgrades
9.2.2021
The peer-to-peer trading system has introduced new technical upgrades, including staking options on Codefi Activate
Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase
9.2.2021
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill...
What Is the ERC-20 Ethereum Token Standard?
9.2.2021
The ERC-20 token standard was revolutionary for creating interoperability between tokens built on the Ethereum Network
Ether Cryptocurrency Passes $1,800 for First Time
9.2.2021
Ether has more than doubled in value this year, outperforming bitcoin
Indian Government Confirms Crypto Bill Is Being Finalized — Existing Laws Inadequate
9.2.2021
The Indian government has spoken about the cryptocurrency bill again. This time, the minister of state for finance has clarified the status of the crypto bill that is expected to be introduced in parliament during the current session. Indian Ministry of Finance Clarifies Crypto Bill Status...
Average Crypto Trading Fees 2020 – Cryptowisser Finds Industry Leaders Still Have Higher Fees
9.2.2021
PRESS RELEASE. Cryptowisser, who operates the world’s largest crypto exchange list, has published the second installment of its quarterly empirical report on trading fees among cryptocurrency exchanges. The 2020 Q4 report analyzes 350 different exchanges and is the biggest of its kind, giving...
Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case
9.2.2021
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up...
Bitcoin price hits $46,794 as altcoins, stocks rally to new highs
9.2.2021
Bitcoin price hit a new all-time high at $46,794 on the same day Tesla revealed its $1.5 billion investment into BTC and stock markets rallied to new highs
Major exchanges struggle as Bitcoin pumps on $1.5B Tesla investment
8.2.2021
As usual, when Bitcoin pumps and traders need stable exchanges more than ever, some are almost guaranteed to go down
Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin
8.2.2021
Together with Stellar, Dogecoin passes Bitcoin Cash by market cap and leaves the struggling altcoin in 12th place
Coinsquare launches Quick Trade mobile app with instant funding
8.2.2021
One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum
India May Side-Step Parliament to Push Through Crypto Bill: Report
8.2.2021
The bill would potentially kick off the development of a digital rupee while banning “private cryptocurrencies.”
Major Malaysian financial firm to invest in regulated crypto exchange
8.2.2021
Malaysian financial services firm Kenanga Investment Bank Berhad is getting into digital assets
Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway
8.2.2021
Paxful, one of the largest peer-to-peer cryptocurrency marketplaces in the world, is celebrating the real reasons people use bitcoin everyday with a special $15,000 giveaway. The platform helps millions to have access to payments, e-commerce, remittances, wealth preservation and philanthropy with...
Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
7.2.2021
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies