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El Salvador says merchants must process BTC transactions — or they may face action
8.9.2021
A Salvadoran government official has said that while businesses must accept BTC transactions, they can choose whether to receive BTC or USD upon settling transactions
Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors
7.9.2021
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial...
Strong Move: XRP Closes to Fill the May Selling Gap!
6.9.2021
XRP has become the face of legal transaction accommodation fiat currencies. Neither can it be mined, nor can it be used for direct transactions; they can only accommodate higher denomination currency transactions and are being used by leaders of the financial space. XRP holds the 6th position...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
5.9.2021
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between...
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
4.9.2021
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial...
Bitcoin targets $51K ‘final resistance’ as ETH nears $4K for the first time since May
3.9.2021
It's all systems go for cracking "final hurdle" resistance for both Bitcoin and Ethereum as the weekend nears
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
2.9.2021
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan....
Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike
2.9.2021
The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since...
China mining shock may not be over yet, experts suggest
1.9.2021
Despite Bitcoin’s perceived hash rate recovery, analysts noted that the recent 150 EH/s reading was based on a short 24-hour window
Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’
1.9.2021
Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin...
European Commission Exploring Asset Register Option That May Include Crypto
31.8.2021
Within the EU’s war against money laundering (AML) and tax evasion, the European Commission (EC) is eyeing a European Union Asset Registry, and has recently launched a tender for a feasibility study of such a register - which will investigate the possibility of including cryptoassets owned by...
Máte rádi Devil May Cry? Kupte si metrovou sošku Danteho za sto tisíc
31.8.2021
Japonská série akčních her Devil May Cry nedávno oslavila dvacetiny a její autoři si pro největší fanoušky připravili vskutku pořádný dárek. Limitovanou edici sošky hlavního hrdiny, která váží přes třicet kilogramů, měří víc než metr a vyjde zhruba na sto tisíc korun
Blockchain.com CFO Says Company Could IPO in ’18-Months,’ Firm’s Balance Sheet Holds BTC, ETH
31.8.2021
This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million...
Beleaguered DeFi project xToken suffers second major exploit since May
30.8.2021
xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts
India CBDC pilot may commence in December, says RBI governor
27.8.2021
India’s central bank is carefully considering the merits of issuing a digital rupee as CBDC exploration continues to gather steam across the globe
Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%
25.8.2021
Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases...
El Salvador's Bitcoin adoption may transform remittance in Central America
25.8.2021
Reduced remittance costs could prove significant in justifying El Salvador’s adoption of Bitcoin as legal tender
Cryptoverse Reacts: Visa May Become “Front-End for Ethereum”, NFT Sales Explode
24.8.2021
Global payment provider Visa has made significant waves throughout the crypto asset industry by purchasing their first non-fungible token (NFT) CryptoPunk for ETH 49.5 (around USD 150,000 at the time of purchase). Reactions throughout the community vary, as some consider this irrefutable proof...
Bitcoin price tags $50K for first time since May
23.8.2021
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%