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Stablecoin USDC Launches on Hedera Network
20.10.2021
Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With...
For the 1st Time, All ERC20 Tokens Can Be Lent and Borrowed With UniLend’s Upcoming Version 2
13.10.2021
PRESS RELEASE. UniLend Finance published their protocol update blog introducing UniLend v2. The Binance Innovation Zone project has earlier this year enabled Lending for every token along with Flash Loans. The team published an initial blog explaining various innovative features in their upcoming...
Mt.Gox Saga Reaches Another Milestone, What Now?
11.10.2021
Earlier this year, Fortress Investment Group offered the creditors about 80% of their claim value, but the Civil Rehabilitation
NFT Tax & ‘Practical Difficulties’ with Crypto Tax In Spotlight In S Korea
8.10.2021
nk" rel="noopener noreferrer" href="https://cryptonews.com/news/seoul-to-hold-firm-on-crypto-tax-launch-suggests-nft-tax-may-follow.htm">reported earlier this week, the Finance Minister and Deputy Prime Minister Hong Nam-ki insisted that the much-maligned 20% levy on crypto trading profits over
Bitcoin Breaks USD 55K Resistance, Returns to USD 1 Trillion Market Cap
6.10.2021
aded at 54,239, slightly down from its high above USD 55,000 reached earlier today. The price is up 9% over the past 24 hours, making it one of today’s best performers in the crypto market.BTC price chart:Source: Coingecko.comThe sharp price rise in the bitcoin price also led to a mark
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
4.10.2021
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours...
Twitter Offers Sneak Peek Behind Upcoming NFT Integration
30.9.2021
e Engineer and Android Tech Lead at Twitter. Earlier in September, she said that she's working "on some experimentation on integrating NFT in Twitter" and "The 1st experiment would be to download your NFT from OpenSea [an NFT marketplace] and add it as your avatar & banner profile."Meanwh
Facebook Launches USD 50M Investment In Metaverse Research, Partnerships
28.9.2021
opener noreferrer" href="https://cryptonews.com/exclusives/what-is-the-metaverse-a-high-tech-plan-to-facebookify-the-wo-11437.htm">strategy to become “a metaverse company,” functioning in an “embodied internet” that blends real and virtual worlds to an unprecedented extent.Earlier this ye
OKEx and Huobi Tokens Try to Recover as Chinese Ban Takes Effect
28.9.2021
cryptonews.com/coins/huobi-token/">huobi token (HT) saw a slight rise of 0.2% for the past 24 hours, trading at USD 7.82. It registered a more than 12% daily jump earlier today. The gain comes after what has been a tough week for HT holders, with the token falling more than 33% over the past sev
USD 2.7B Liquidated in One Hour as Volatility Hits Crypto Markets
7.9.2021
d at USD 46.2k, per CoinGecko’s price data. However, that’s still up significantly from the low of just over USD 42,900 that was seen on Binance earlier in the selloff, and the USD 42,850 seen on
Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
1.7.2021
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the process of creating a new regulatory framework. As a result, regulators now expect this process, which was preceded “by...
TIME Tokens and TimeWarp Staking Launch on Binance Smart Chain
14.6.2021
PRESS RELEASE. The new initiative extends the Ethereum-based TimeWarp staking programme, which currently offers a yield of 224% APY. TimeWarp, a new DeFi farming opportunity backed by multiple real-world revenue streams, has just launched on Binance Smart Chain after a successful earlier launch...
Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods
5.6.2021
Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained...
Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
25.5.2021
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s...
Elon Musk Reaffirms His Crypto Allegiance
23.5.2021
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that...
Galaxy Digital books $860M in net comprehensive income in Q1
17.5.2021
Twelve months earlier, the company recorded a comprehensive loss of $26.9 million
Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint
14.5.2021
Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square...
Coinbase Announces San Francisco HQ Shutdown by 2022
7.5.2021
Coinbase, the most prolific U.S.-based cryptocurrency exchange, has announced it will close the doors of its former San Francisco HQ by 2022, in its push to go 100% remote. Earlier the company had announced its intention of ditching the traditional office-based model to decentralize its operations...
Player Bags Big Win on ‘Elvis Frog in Vegas’ Slot at Bitcoin.com Games, Encashes $110,000 in BTC
18.4.2021
Bitcoin.com Games brings $110,000 worth of smiles and happiness to this player! Massive Win on ‘Elvis Frog in Vegas’ Earlier in March, a fortunate player cashed out $160,000 in two epic winning rounds on The Dog House Megaways slot at Bitcoin.com Games. Now, another lucky player...