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RBI Clarifies Its Stand on Its Quashed Notice of 2018
1.6.2021
In an important development concerning the crypto space in the country, the Reserve Bank of India (RBI) has cautioned banks in the country not to quote its circular of 2018 to warn their customers against trading cryptocurrencies. This is because the circular issued in 2018 by India’s Central Bank...
Chinese Traders Resort to OTC Desks for Regulatory Crackdown
31.5.2021
The government of China is imposing strict financial regulations to thwart the crypto boom. Amid the governmental crackdown, the crypto traders of China are trying hard to bypass the stringent rules by resorting to the Over-The-Counter (OTC) desks for cryptocurrency dealings. According to...
Wisdomtree Files Ethereum ETF Application
28.5.2021
In an important development, WisdomTree has filed an application for the Ethereum exchange-traded fund (ETF) before the Securities and Exchange Commission (SEC). This was revealed by the documents with the SEC, although there is no confirmation from the filing agency. WisdomTree has already filed...
Polygon’s Bridge for UFT Token by Unilend Is Now Live
26.5.2021
Polygon is proving to be a major player, showcasing its prominence even with the downward spiral of cryptocurrencies. Recently, the news of UniLend joining the network surfaced, and now UniLend is also holding a bridge on Polygon. The bridge will help facilitate a quick and seamless launch...
Lewis Neal Joins the Fueled by Verge
26.5.2021
The leading American Football player from North Carolina, Lewis Neal, has announced his deal with Fueled by Verge. Lewis had played for the Dallas Cowboys in the NFL, and for the 2021 season, he joined the CFL Lions. According to Lewis, joining the Verge Family was a no-brainer. He was following...
Bware Labs Closes Pvt Invest Round With 5X Oversubscription
25.5.2021
The blockchain sector is achieving mass success globally, all thanks to projects like Bware Labs. Bware Labs recently closed its private investment round, where the platform received over 5 times more subscriptions than intended. Its private sales amounted to a whopping 1.2 million dollars...
Earn Crypto Passively From Mining With Nhash
21.5.2021
Cryptocurrencies are becoming increasingly popular as investment options. Mainstream investors and even corporate organizations waded into space in 2020 and have not looked back. While most of them just buy cryptocurrencies with fiat and hold, there are many known ways to earn from...
Us Federal Reserve to Develop Its Native Digital Currency
21.5.2021
The Fed Reserve is looking forward to publishing the research paper on the development of a central bank digital currency in a bid to launch its digital currency. Even though there are no specific plans laid out by the central bank yet, there has been significant progress in developing the payment...
Polygon Rallies Amidst the Bitcoin-Ethereum Showdown
19.5.2021
Among the top 20 cryptocurrencies worldwide, Polygon has enrolled itself with over $10 billion in market capitalization. The numbers were derived last week when market runners like Bitcoin, Ethereum, and others dealt with sharp plunges. As per the latest market update, Polygon (MATIC) has marked...
Is Gambling Next in Crypto’s Crosshairs?
18.5.2021
When the history books come to be written about our very peculiar times, there will be a significant sub-plot running alongside the epic narrative of the coronavirus pandemic. Namely, the rise of cryptocurrency. All these years after Satoshi Nakamoto’s original white paper introduced the concept...
100xCoin: From Memecoin to BSC’s DeFi Hub
18.5.2021
To say the cryptocurrency bull market is in full swing would be somewhat of an understatement. The average cryptocurrency gained a whopping 696% in the last year alone, while some coins have gone much further, including Shiba Inu (SHIB) and Kishu Inu (KISHU) — which pulled in 874% and 3766% alone...
Dfinity Foundation Launches Internet Computer Utility Token
11.5.2021
According to the latest announcement, the registered users of Coinbase Pro will engage in buying, selling, converting, receiving, and storing ICP, the newly launched token by the Dfinity project. The ICP token works through its staking in at its governance system that enables the users to rake...
A Brief Overview Of Polkamon
7.5.2021
Polkamon is exquisitely animated digital collectibles, with each having varying scarcity. These Polkamon’s are backed by a unique NFT that is indistinguishable from any other NFT and can be unpacked using $PMON tokens, the platform’s native ERC20 tokens. Each collectible on Polkamon is inimitable...
$CVR joins UniFarm’s Cohort 6
6.5.2021
An inventive farming solution by the OroPocket Team, UniFarm brings multiple DeFi projects together in one cohort where users can stake and farm multiple tokens. PolkaCover joined UniFarm Cohort 6, which launched on the 27th of April. The Cohort 6 reward pool runs for 90 days wherein users...
Current Cryptocurrency Market Rally: Boom or Bubble?
4.5.2021
There is a lot of discussion happening around the cryptocurrency sphere nowadays. This is primarily because of the unprecedented momentum the crypto domain has achieved in 2021. The global economic meltdown caused by the Covid-19 pandemic has put the focus back on the utility of digital coins...
Venmo Announced Support for Cryptocurrencies on its App
21.4.2021
Venmo has announced the support for the cryptocurrency; more than 70 million of its customers can now have the facility of transacting with cryptocurrencies on its app. This valuable addition will make the portfolio of Venmo more interesting as the app now offers a holistic portfolio of solutions...
Cryptonovae’s $YAE Expands to BSC via DuckBridge
20.4.2021
Eight months after the launch of the Binance Smart Chain (BSC), crypto trading platform Cryptonovae has expanded to the new and trending blockchain network, which allows for cross-platform trading and is compatible with the Ethereum Virtual Machine (EVM). Done with the help of the recently launched...
Cryptocurrency as an Investment Tool in China
19.4.2021
The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor. Li, one of seven deputies to PBoC governor Yi Gang and former vice mayor of the Chinese municipality of Chongqing, is seemingly taking a stronger position for the central bank to recognize...
BitClout Releases the First Social Media Stock Market
15.4.2021
BitClout, the self-proclaimed open-source blockchain, came into existence in March 2021, but recently made headlines. The venture recently released a social media stock market where users can speculate on renowned individuals’ social clout. Be it Elon Musk, Rihanna, Ariana Grande, or...
Decentralized Venture Capital DAO Launches Yield Funds
15.4.2021
Stacker Ventures was born from the belief that access to the opportunities that next-gen digital assets offer should be open to anyone, not only to a closed community of venture capitalists. Since launching in early March, Stacker Ventures racked up over $10M in total commitments from investors...