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Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
9.8.2021
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap...
7 NFT Markets Saw Over $356M in Monthly Value Transferred — Opensea, Axie Infinity Eclipse Competition
8.8.2021
The quantity of monthly USD value transferred from seven leading non-fungible token (NFT) marketplaces has reached a total of $356 million during the first week of August. Currently, the project Cryptopunks is leading the pack when it comes to NFT project sales. Meanwhile, the marketplace Opensea...
Binance Restricts Crypto Derivatives Products in Hong Kong, Existing Positions Have 90 Days to Close
7.8.2021
Fresh off the heels of Binance’s last announcement to discontinue crypto derivatives offerings in Germany, Italy, and the Netherlands, the company revealed on Friday crypto derivatives products in Hong Kong will cease as well. Effective immediately, users won’t be able to open...
Binance Halts Derivatives Offerings To Users In Hong Kong Also
6.8.2021
Crypto exchange giant Binance has is imposing restrictions on openings of new derivatives products accounts in Hong Kong, and providing users from the Chinese special administrative region with a grace period of 90 days to close their open positions.
“We will be restricting Hong Kong users...
Binance to restrict derivatives trading for Hong Kong users
6.8.2021
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow
6.8.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto buys with Google Pay. Buy Cryptocurrencies on Coinbase With Apple Pay Crypto exchange Coinbase announced...
Coinbase users can now buy crypto with Apple Pay
5.8.2021
Coinbase has added additional user-friendly payment options to its platform
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...
Margex Brings New Features + Bonus for New Users
5.8.2021
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build...
South African Start-Up Aims To Shield Merchants From Crypto Price Swings
5.8.2021
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented...
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
4.8.2021
Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto users would make purchases with cryptocurrency in the future. Growing Number of People Want to Pay With...
AXS price gains over 16% as Axie Infinity closes in on 1M daily active users
4.8.2021
The interplay between Axie Infinity's rising popularity among gamers and its booming revenue has helped its native token AXS become one of the top-performing digital assets in 2021
Decentralized Crowd Funding Platform Rocket Launchpad Launches in the Tezos Ecosystem
4.8.2021
Press Release: Rocket Launchpad is launching a Tezos-based IDO platform, allowing users to invest in the latest Tezos-based projects. Tortola, British Virgin Islands – Recently, the Tezos ecosystem has seen several high-profile partnerships, including collaborations with McLaren and Red Bull...
Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper
4.8.2021
According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey...
Crypto.com enables withdrawals of USDC for users worldwide
3.8.2021
Support for withdrawals comes shortly after Crypto.com launched support for USDC deposits, thanks to a new partnership with USDC issuer Circle
Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain
2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
2.8.2021
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich warned those already involved in crypto trading to be prepared for the consequences as this...
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
1.8.2021
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch,...
MEV Harms Ethereum Users And it May Be Here For Some Time
1.8.2021
One of the hottest debates in Ethereum (ETH) right now is about miner extractable value (MEV). This is the practice of miners ordering (or being paid to order) transactions in such a way as to front-run or back-run trades made by other users.
MEV was documented as early as April 2019 in a paper...