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China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made
20.1.2022
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million...
Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users
20.1.2022
China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this...
Top Risks for DeFi Users and Investors According to Moody's and Gauntlet
19.1.2022
Decentralized finance (DeFi) is rapidly evolving, but insufficient transparency, a lack of shared awareness about its risks, and methods to measure and mitigate those risks continue to pose challenges to its users, according to a report by international risk assessment firm Moody’s.
Prepared...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining...
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity
19.1.2022
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conducted an investigation immediately after, declaring that all funds were safe. However, reports from...
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
18.1.2022
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says
Multichain asks users to revoke approvals amid ‘critical vulnerability’
18.1.2022
Multichain is asking users to revoke approvals to protect their assets amid a vulnerability that is currently being exploited
ADALend: A New Perspective On Native Cardano DeFi From the Eyes of ADALend’s CEO
17.1.2022
A scalable, trustless, and decentralized lending protocol called ADALend is being developed to allow users to operate in a self-governed environment. They made a commitment from the beginning to build natively on the Cardano blockchain, which will allow the lending platform to aggregate protocols...
Survey: Proportion of South African Crypto Holders Grows to 11.3%, 56% of Crypto Owners Hold Bitcoin
16.1.2022
The number of surveyed South Africans that own crypto grew marginally from 10.3% in October 2021, to 11.3% in December 2021. With this rate of ownership, South Africa is now ranked number 21 out of the 27 countries whose internet users participated in the survey. South African Ownership Rate Below...
Crypto Exchange Bitfinex Stops Servicing Ontario Customers, Asks Users to Withdraw Funds
16.1.2022
Cryptocurrency exchange Bitfinex has asked its Ontario users to withdraw their funds since they will no longer have access to any services offered by Bitfinex in March. Bitfinex Stops Providing Services to Ontario Customers Crypto exchange Bitfinex announced Friday that it is making changes to...
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
15.1.2022
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory...
First Cryptocurrency ATM Reportedly Installed in Uruguay
15.1.2022
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose...
Bitfinex advises Ontario-based users to close accounts before March 1
14.1.2022
The Ontario Securities Commission has been responsible for cracking down on crypto exchanges operating in the region, including Binance, OKEx, Bybit, KuCoin and Polo Digital Assets
LooksRare Outperforms OpenSea NFT Volume with 20x Fewer Users
13.1.2022
LooksRare, a novel non-fungible token (NFT) marketplace, has exceeded USD 931.33m in trading volume since its official launch on January 10. During the same span of time, the major NFT marketplace OpenSea has recorded a volume of USD 219.2m, according to Dune Analytics data.
LooksRare...
Leading Crypto Exchange BitYard Offers Trading in Over 150 Countries – Here’s How You Can Benefit
13.1.2022
Come join and become a part of BitYard, the leading crypto exchange that takes crypto trading to a whole new level & strives to provide users the best trading experience. With 500,00+ users already trading in over 150 countries, don’t wait, join today to benefit immensely...
Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet
12.1.2022
Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value...
Bitrue Is Launching a New Yield Farming Hub
11.1.2022
PRESS RELEASE. In the world of cryptocurrencies, it is important for any crypto exchange to offer plenty of different options when it comes to making money. This is precisely why Bitrue, a leading cryptocurrency exchange, has recently announced the launch of a new yield farming hub, available...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
ClaimSwap Achieve a Growth of 150% in Active Wallet Users
6.1.2022
A little over two weeks into its launch, ClaimSwap has received an impressive boost in terms of acquiring new users and investors on its platform. According to the latest statistics, the growth registered by the swopping platform is around 150% when compared to the previous week. This exponential...