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Tiktok Bans Users From Promoting Cryptocurrencies


Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content...

China Opens Digital Yuan Whitelist for Ten Million Citizens


The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible problems in a more broad testing environment. China...

AscendEX Launches Hummingbot Rebate Campaign


PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to launch the Hummingbot Rebate Campaign to reward users for trading on AscendEX using the Hummingbot Liquidity Mining Portal. The campaign will begin July 9, 2021 and run for 60 days....

93K Users Scammed Into Buying Fake Cryptocurrency Mining Apps


Thousands of users were scammed into buying fake Android cryptocurrency mining apps, according to a California-based security firm. These apps are advertised as a way of earning money via mining cryptocurrencies, but in actuality they don’t perform any function. Instead, they charge the user...

Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY


PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest...

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan


In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to...

Visa Crypto Card Users Spent Over USD 1B Globally This Year


Payments giant Visa announced that crypto-linked card usage surpassed USD 1bn in the first half of 2021. Their consumers globally spent more than USD 1bn worth of cryptocurrency on goods and services through Visa's crypto-linked cards in the first six months of the year, CNBC reported, citing...

Ukraine’s Monobank to Allow Customers to Trade Bitcoin


Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin...

Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers


Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported...

EU Regulation May Harm Small Crypto Players, Stablecoin Users, And Elon Musk


As the European Commission’s proposed Regulation on Markets in Crypto Assets (MiCA) is advancing through its first readings in the European Council and the European Parliament, a lawyer warns that it could make it more difficult for small players to enter the European Union’s crypto market. Other...

Major Modding Site Pisses Off Tons Of Users, Sparking Revolt


Nexus Mods, the biggest host of video game modifications in the world, came under fire from mod creators this week over controversial plans to prevent modders from fully deleting any works they upload to the popular mod-hosting network.Read more

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