Search
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...
PayPal users will be able to withdraw crypto to external wallets
26.5.2021
Prior to Wednesday’s decision, PayPal users weren’t allowed to move their holdings off the platform
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
26.5.2021
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not sufficient to handle the increased number of users. Ethereum, in particular, has been plagued with slow confirmation times and high transaction fees leading many...
Yam Community Now Offers Web3Notif to Users
26.5.2021
The DeFi sector keeps getting new updates as the latest news comes from the side of globally-renowned YAM Finance. The community-owned DAO now offers push notifications to users, helping them stay updated with every development. YAM Finance recently announced that they would be integrating EPNS...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges
21.5.2021
The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court....
BlockFi mistakenly credits users with too much Bitcoin in promo payout
19.5.2021
Just under 100 BlockFi users are reported to be affected, with some allegedly receiving as many as 700 Bitcoin due to a mishandled promotional offer
Apparent BlockFi Fat Finger Gaffe Sees Users ‘Credited BTC 701’
19.5.2021
Zac Prince, CEO and Co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives
Customers of the crypto lending service BlockFi got considerably more than they bargained for when what appears to have been a clerical error ended up in massive promotional campaign reward bitcoin...
Tether to Launch USDT Natively on Avalanche
18.5.2021
The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve...
Coinbase Shares Down 27%, $1.2B Convertible Debt Deal Announced, Shareholder Letter Says ‘Competition Increasing’
18.5.2021
Coinbase shares have dropped in value during the last month after opening at $342 per share. The company’s shares have dropped over 27% to $248 per share since the Nasdaq listing in mid-April. On Monday, the firm further announced intentions to sell $1.25 billion of convertible debt. Coinbase...
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen
18.5.2021
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums
Polygon active users grow by 75,000 as DeFi boom continues
17.5.2021
Data from DappRadar shows rapid uptake of Polygon-based decentralized applications. The network now has 93 functioning dapps, up considerably over the past four weeks
Mobile crypto ‘mining’ app possibly connected to personal data leak
17.5.2021
A 17 GB personal data leak reportedly sprung from the Pi Network mobile app
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
Bitcoin Cash Upgrades Successfully: Network Works as Intended
16.5.2021
On May 15, the Bitcoin Cash upgrade was applied successfully to the blockchain, bringing a slew of features directed toward improving the overall experience of users. This particular upgrade marks the start of a new upgrade schedule that will allow developers to invest more time in testing...
Samsung Adds Support for Hardware Wallets on Galaxy Smartphones
15.5.2021
Galaxy owners will be able to connect hardware wallets to their smartphones and transfer coins to the built-in wallet that comes with most devices in the popular lineup. Samsung says that makes it easier for users to access their cryptocurrency and make transactions. Update Allows Galaxy Users...
Coinbase Says It Is Targeting More Users, Not Lower Fees
14.5.2021
The crypto exchange giant Coinbase says it does not want to go toe-to-toe with its biggest rivals over fees – and instead expects to bolster its users numbers to as high as 9 million by the end of the financial year by convincing crypto investors to pick ahead of other trading platforms.
In a...
State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
14.5.2021
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security...
Why Dvision Network Migration to Binance Smart Chain Is a Game Changer
13.5.2021
The leading blockchain Virtual Reality (VR) Metaverse platform Dvision Network is set to migrate to the Binance Smart Chain network through the cross-chain bridge. Dvision Network has changed the blockchain space by offering users an ecosystem that encompasses NFTs and virtual reality....