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South Korean Crypto Exchanges Ready for Legal Fight Amid Closure Threats
28.6.2021
Source: Adobe/david_franklin
South Korean crypto exchanges are preparing lawsuits to sue the government or challenge it in the constitutional court if they fail to meet a September regulatory deadline and are obliged to close.
New regulations for crypto exchanges, which have already passed into...
Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News
28.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....
Bitcoin, Ethereum and Altcoins Start Fresh Increase
28.6.2021
Bitcoin price was able to stay above the main USD 30,000 support zone. As a result, BTC started a fresh increase above the USD 33,500 resistance. It is currently (04:37 UTC) showing positive signs above USD 34,000 and it could aim for a break above USD 35,000.
Similarly, most major altcoins...
Nigerian secondary school will accept crypto payments despite regulatory uncertainty
25.6.2021
"We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna
'Big News In Global Crypto Policy' As FATF Kicks The Can Towards October
25.6.2021
Less than half of the countries who adhere to Financial Action Task Force (FATF) anti-money laundering and countering the financing of terrorism standards have implemented the body’s crypto sector policing protocols – but the body does not yet seem overly concerned and aims to look into this...
Elon Musk agrees to speak with Twitter CEO Jack Dorsey at Bitcoin event
25.6.2021
Dorsey offered to let Musk share all his curiosities about crypto and otherwise at the July 21 event
DAOs prepare to face off: Would vigorous IP battles be good for DeFi?
25.6.2021
An assertion of property rights on the part of a DAO could be healthy for decentralized finance — another sign that DeFi is maturing
Hurry up and Regulate Crypto, Urges Ukrainian Central Bank
25.6.2021
The policy-making unit of the Ukrainian central bank has called on the nation’s government to speed up the rollout of crypto legislation.
In an official release, the National Bank of Ukraine (NBU)’s governing council urged Kyiv to hurry up with its long-awaited regulation, urging the executive...
Jack Dorsey Challenges Elon Musk To The Bitcoin Talk
25.6.2021
Jack Dorsey. Source: a video screenshot, Youtube, WIRED
The Tesla boss and former bitcoin (BTC) man-of-the-moment Elon Musk has become the talk of the crypto town again after a typically strange, BTC-themed exchange with the Twitter boss and bitcoin bull Jack Dorsey on the latter’s social media...
Bitcoin and DOGE Rally, Ethereum Eyes Upside Break
25.6.2021
Bitcoin price remained strong above the USD 32,000 and USD 33,000 levels. As a result, BTC gained bullish momentum and it broke the main USD 35,000 resistance. It is currently (04:41 UTC) consolidating gains below this level.
Similarly, most major altcoins are rising steadily. ETH is consolidating...
Bitcoin Starts Legal Tender Test on Sept 7, Bukele Sees 'Dirty Campaign'
25.6.2021
The president of El Salvador, Nayib Bukele. Source: Twitter/ @PresidenciaSV
The most popular cryptocurrency, bitcoin (BTC), will become legal tender on September 7 and will be optional for those who don't want to receive it, El Salvador's President Nayib Bukele said in a national address...
Crypto Elephant Changes The Way The World Works - Marc Andreessen
24.6.2021
Marc Andreessen. Source: A screenshot, Youtube/a16z.
There is an "architectural shift" in technology and in the world brought upon by cryptoassets, which many crypto supporters miss, according to Marc Andreessen, co-founder of venture capital powerhouse Andreessen Horowitz (a16z),...
Bitcoin Gets Closer To 18M Users, Bullish Billions + More News
24.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Adoption news
Bitcoin (BTC)-focused financial services firm NYDIG, and Q2 Holdings, a provider of digital transformation solutions for banking...
Major players will speak at a new Bitcoin event aimed at institutional investors
24.6.2021
Featured speakers include Twitter CEO Jack Dorsey, Blockstream founder Adam Back, and Ark Invest's Cathie Wood
Bitcoin and Ethereum Start Range Trading, TRX, DOGE Accelerate
24.6.2021
Bitcoin price corrected lower after it failed to test the USD 35,000 resistance. BTC declined below USD 33,500, but it remained well bid above USD 32,200. It is currently (12:29 PM UTC) trading in a range and it could climb back above USD 34,000.
Similarly, most major altcoins are trading above...
Andreessen Horowitz Secures USD 2.2B For These 5 Crypto Areas
24.6.2021
US-based venture capital powerhouse Andreessen Horowitz (a16z) announced a new USD 2.2bn fund to continue investing in crypto networks.
"This fund allows us to find the next generation of visionary crypto founders, and invest in the most exciting areas of crypto. We invest in all stages, from...
South African ‘Exit Scam’ Sees Brothers Vanish with USD 3.6B in Bitcoin
24.6.2021
An apparent exit scam in South Africa could have left investors out of pocket to the tune of USD 3.6bn after the two brothers who operate the Africrypt project “vanished” following reports of a hushed-up “hack.”
Per Bloomberg, Hanekom Attorneys, a legal firm in Cape Town was hired by investors,...
Odds-on Mayor Favorite Will Make NYC ‘Bitcoin Center,’ Issues Miami Warning
24.6.2021
Eric Adams. Source: A screenshot, Instagram/ericadamsfornyc
The frontrunner in the race to become the Mayor of New York has vowed to make the Big Apple “the center” of Bitcoin (BTC) within the space of a year if he is elected.
In a speech to supporters yesterday, the leading candidate, Eric Adams...
Bitcoin and Ethereum Correct Gains, Altcoins Remain Attractive
24.6.2021
Bitcoin price recovered above the USD 33,500 and USD 34,000 resistance levels. BTC even spiked above USD 34,500, but it failed to clear the USD 35,000 resistance. It is currently (04:45 UTC) correcting gains and it is trading above USD 32,500.
Besides, most major altcoins might remain in a positive...
John McAfee Commits Suicide In Spain - Lawyer
24.6.2021
Source: Twitter, @officialmcafee
On June 23, British-born US antivirus software entrepreneur, crypto advocate John McAfee (75) committed suicide in a Barcelona prison, following the Spanish high court's decision to extradite him to the US on tax evasion charges, Reuters reported, citing...