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London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...
Decentralized Exchange Soldex AI Will Empower Crypto Users to Create Unique Trading Algorithms
13.8.2021
Have you ever wanted to harness the capabilities of artificial intelligence and machine learning to trade in the cryptocurrency markets? Soldex will not only offer you a way to do this easily, it will also allow you to share the trading algorithms you developed with the community and be rewarded...
Web3 Fashion Week to Witness NFT Launches by The Fashion Industry
13.8.2021
Working as a highly-acclaimed NFT portal that connects people to fashion through a live digital market sphere, DIGITALAX has collaborated with the Global Designer Network to host a one-of-its-kind ‘Web3 Fashion Week’ devoted to fashion lovers. According to the report, the Web3 Fashion Week...
Crypto.com Launches Crypto Tax Filing Service in Australia
13.8.2021
Crypto.com has launched a new service to help make it easier for Australians to file their cryptocurrency tax returns. This service, called the Crypto.com Tax, had been launched in Canada and the USA earlier. It is now being extended to Australian users. Crypto.com Tax makes it easy to complete...
Ontology Expands Operations For Japanese Crypto Fans
13.8.2021
With the decentralized blockchain sector expanding its prowess to new horizons across different industrial verticals, countries from across the world are putting in their best efforts to win this mad race for evolving as a technology ruler. In this race, Japan is utilizing its revolutionary tech...
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
13.8.2021
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto...
Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
13.8.2021
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday...
Moonpot Employs Chainlink VRF on BSC to Boost Prize Draws
13.8.2021
The multiple-chain yield aggregator Beefy Finance’s no-loss lottery ante Moonpot has taken on a Verifiable Randomness Function powered by Chainlink and integrated it on the independent blockchain of Binance Smart Chain. From now on, users can avail the full advantages of such an expansion of Beefy...
New funding round sees Reddit gain $4B in valuation since February
13.8.2021
Speaking on the latest funding round which sees Reddit at a valuation of $10 billion, Steve Huffman, co-founder and chief executive stated tentative plans for the firm to go public
Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
13.8.2021
Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed...
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill
13.8.2021
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep....
Stronger crypto regulations in US won't necessarily help prevent fraud, says Okcoin CCO
12.8.2021
Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States
Analysts say Bitcoin price “needed a breather” before chasing new highs
12.8.2021
Bitcoin price trades below $45,000 and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction
Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems
12.8.2021
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers...
RenVM Ventures With ICHI to Develop Decentralized Stablecoin
12.8.2021
Stablecoins are presently leading the race. Many companies are collaborating to encash this opportunity. Another venture that is grabbing headlines happened between RenVM and ICHI, which are coming up with DeFi based stablecoins to get a hold of the market. ICHI and RenVM have joined hands...
What is Fuelling the Rally in DigiByte Cryptocurrency?
12.8.2021
The DigiByte ecosystem is built with an emphasis on speed and security, which are often identified as limitations on different blockchains. DGB uses a proof of work algorithm to validate and complete a transaction. With a strong price action witnessed on DGB, we can expect it to reach 10 cents...
Dvision Network to Host “Live Debate” on Cryptocurrency Legislation Organized by Korean National Assembly
12.8.2021
PRESS RELEASE. The blockchain-based metaverse Dvision Network is set to become part of history in what promises to be an action-packed event. The NFT metaverse will be hosting the ‘’Live debate’’ on the Cryptocurrency Legislation and Improvement Measures organized by...
Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets
12.8.2021
The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers....