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Uniqly Enters the NFT Market With a Remarkable Performance
12.5.2021
It’s been a while since the crypto market has seen such a promising project, something that has a clear basis on a real market need and a long-term plan to stay relevant and bring value to customers, investors, and users alike. Uniqly.io aims to do exactly that, giving real-world value...
Alipay set to allow users test China's digital yuan
10.5.2021
China’s e-payment giant will allow some users to link their accounts to the country’s digital yuan app
Over 67,000 Fusions: Cashfusion Participants Have Fused Billions of Dollars in Bitcoin Cash
10.5.2021
While some crypto users have been leveraging privacy-centric digital assets like monero, others still use mixing protocols that shuffle unspent transaction outputs (UTXOs) from coins like bitcoin, ethereum, and bitcoin cash. Participants using the Bitcoin Cash network utilize applications like...
South Korea to Crack Down on Phishing Websites Attacking Crypto Users
10.5.2021
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul...
South Korean Police Officers Banned From Buying Cryptocurrency
8.5.2021
A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
6.5.2021
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto...
E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury
6.5.2021
Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets....
Vietnam Plans to Regulate Digital Currencies After Commissioning a Crypto Research Group
6.5.2021
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users...
Bitcoin Cash Slated for May 15- Upgrade to Bring Improvements for Users and Merchants
5.5.2021
On May 15, 2021, the Bitcoin Cash network will undergo the process of an upgrade that will bring a handful of improvements. These updates include the removal of the unconfirmed transaction limit, enabling multiple OP_RETURNS, the implementation of double-spend proofs, and the inclusion of a...
Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries
5.5.2021
The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns...
Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot
4.5.2021
The Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch...
DeFi Yield Protocol (DYP) Launches DYP Earn Vault
4.5.2021
Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault. The Vault is an automated yield farming contract fully integrated with Compound Protocol and supports five markets, including ETH, WBTC, USDC, USDT, and DAI. Earn Rewards on DYP Earn Vaults Users...
Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts
4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...
Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income
1.5.2021
Bitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source...
Cryptocurrency Exchange Hotbit Hacked: Systems Paralyzed, 2 Million Users Affected
1.5.2021
A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs...
Metis: First Ever Community-Minted NFT Attracts Buyers With an Early Bid of 7 ETH
30.4.2021
PRESS RELEASE. The first ever community-minted NFT launched at OpenSea this week, attracting a bid of 7 ETH for this historic event and giving 256 lucky users the opportunity to share the proceeds of the NFT auction with the artist. That large bid is the latest stage of a highly popular campaign...
Coinbase Now Allows Millions of Customers to Buy Cryptocurrencies With Paypal
30.4.2021
Cryptocurrency exchange Coinbase now allows its U.S. customers to buy cryptocurrencies with Paypal. Millions of customers can now purchase up to $25,000 a day of cryptocurrencies with their Paypal accounts. Coinbase Adds Paypal as Funding Source for Users Coinbase announced Thursday that Paypal...
Cardano Blockchain Infrastructure Selected in a New Drive to Bring Sustainable Internet Connectivity to Zanzibar and Tanzania
29.4.2021
In its foray into Africa, Input Output, a research and development product engineering company, says it will partner with World Mobile Group in a new initiative aimed at bringing sustainable internet connectivity to users in Zanzibar and Tanzania. According to the partnership agreement, the Cardano...
The Launch of Nerve Finance On Solana To Help DeFi Users
29.4.2021
Leading Automated Market Maker solution for trading stablecoins and pegged tokens on the Binance Smart Chain, Nerve Finance has successfully launched the protocol on Solana, a trusted blockchain portal. In a short span of two months from its launch period, the Nerve community has expanded to...
UnoRe Ecosystem for Investors
29.4.2021
PRESS RELEASE. UnoRe, the first decentralized reinsurance platform, is now allowing retail users to invest in risk. This opportunity is a part of the project’s vision to revolutionize the reinsurance industry, one that has been traditionally gatekept, preventing any significant innovation...