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Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts
31.7.2021
The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent...
Binance Winds Down Derivatives In Europe While Malaysia Takes Action
30.7.2021
Source: Instagram, Binance
The crypto exchange giant Binance has run into yet more regulatory trouble in Asia while it's making new preventive moves in Europe.
The platform issued a notice on its Binance.com website explaining that it “plans to wind down its futures and derivatives products...
Binance banned in Malaysia, given 14 days notice to shut down operations
30.7.2021
The crypto exchange has been served with a notice to stop offering its services in the country
Binance to shut down crypto derivatives trading in Europe
30.7.2021
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands
Financial Giants State Street & Bank of America Double Down On Crypto
29.7.2021
Source: iStock/E_Y_E
US-based major players in the world of traditional finance continue incorporating crypto in their offerings to existing clients, and/or investing in crypto-related companies.
Financial services provider State Street Corporation said it will provide digital and cryptocurrency...
Crypto frenzy may be winding down, Visa CFO says
28.7.2021
This spring, crypto-related transactions using Visa were a significant boost to the company's cross-border volume, although this effect is beginning to wane
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...
Huobi winds down former exchange operator in China
27.7.2021
Huobi's move follows a similar decision by crypto exchange OKEx, which resolved to dissolve its China-based entity in late June
Bitcoin and Ethereum Trim Gains, Altcoin Rally Slows Down
23.7.2021
After almost touching the USD 32,900 level, BTC corrected lower and is now (12:09 UTC) consolidating its gains below the USD 32,500 level.
BTC is still outperformed by ETH and multiple altcoins, which are also trimming their recent gains.
Total market capitalization
Bitcoin price
After...
Ubisoft Shutters Troubled Tom Clancy Game A Year After Launch
21.7.2021
In August of last year, Ubisoft launched a mobile Tom Clancy action-RPG called Elite Squad, which featured characters from Rainbow Six, Ghost Recon, Splinter Cell, The Division, H.A.W.X., and EndWar (remember those last two?). Today, less than a full year later, Ubisoft’s Owlient studio announced...
America's Oldest Bank, BNY Mellon, Doubles Down On Its Crypto Strategy
21.7.2021
The oldest bank in the US, New York Mellon Corp., has joined another US-based financial giant State Street in order to develop "a platform to support the entire digital asset life cycle."
Both companies are now part of the consortium of banks that collaborate with London-based Puremarkets...
Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors
19.7.2021
Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%....
Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%
17.7.2021
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies....
Baanx BXX Token: 100% Increase on Its Debut
16.7.2021
PRESS RELEASE. BXX listed on the MEXC Global exchange, and jumped from $0.15 at listing, to $0.50, before settling down to the mid. $0.30s- a more then 100% increase over the course of its first few hours of trading. Pools are also now available on Uniswap 2.0 in both USDT and ETH. Imagine a world...
3 altcoins showing signs of accumulation while Bitcoin price is down
15.7.2021
DeFi and NFT-related tokens like GHST, CNS and TLM defied the market’s bearish mood to post double-digit gains in the past 48-hours
Tencent Patent Wants To Let You Pass Down V-Bucks After Death
15.7.2021
Tencent recently obtained a patent relating to digital asset inheritance that might allow games to pass on in-game items and currency when they die. According to video game industry analyst Daniel Ahmad, who first spotted the news on Monday, the Chinese tech giant originally filed for the patent...
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
China shuts down crypto mining in Anhui province
14.7.2021
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations
Ethereum price dragged down below $2K as US inflation hits highest level since 1991
13.7.2021
The second-largest cryptocurrency sells off in line with Bitcoin as traders assess the latest U.S. inflation data
Axie Infinity Game Tokens Skyrocket in Value, AXS and SLP Capture All-Time Price Highs
13.7.2021
While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent...