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South Korea’s 4 Biggest Crypto Exchanges to Adopt FATF’s Travel Rule
2.7.2021
The “big four” South Korean crypto exchanges have signed a Memorandum of Understanding (MOU) deal that will see them jointly implement the Financial Action Task Force (FATF)’s Travel Rule.
The group of exchanges, which comprises the market-leading Upbit and Bithumb, as well as Korbit and Coinbit...
NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million
2.7.2021
According to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point...
Torum, the Swiss Army Knife of the Crypto Ecosystem
1.7.2021
If you ever wondered why crypto projects rise and fall so quickly, you are not alone. In fact, barely 7 months after the 2017 bull run ended, over 800 projects have ceased to exist like a puff of smoke. To understand the reason why 90% of crypto startups are going to fail, there are a […]
Study names United States ‘most crypto-ready’ country
1.7.2021
Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission
Elon Musk Tweet Sends New Baby Doge Coin Soaring — Meme Token’s Daily Gains Jump 228%
1.7.2021
While dogecoin and the ERC20 token shiba inu have surprised the masses with phenomenal gains this year, another dog token has entered the fray. A coin project called “Baby Doge” has risen 228.3% during the last 24 hours and even more so after Tesla’s CEO Elon Musk tweeted about...
Double-digit crypto gains and trading volume — what's the connection?
1.7.2021
Unusually high trading volume can be an indication that a crypto asset's price is on the rise
Starting Today, 4,000 German Funds Can Start Investing In Crypto
1.7.2021
German legislation that entered into force on July 1 allows around 4,000 of the country’s so-called special funds to invest in cryptoassets, possibly paving the way for a spike in German investors’ exposure to crypto.
Under the new rules, Germany’s Spezialfonds will be allowed to invest up to...
Blockchain Goes Green: Signum – the Truly Sustainable Blockchain Steps Into the Light
1.7.2021
Zürich, Switzerland, 1 July 2021 – Anyone with a green conscience can now join the crypto movement. The next generation and world’s first truly sustainable blockchain Signum is now live. As a fully integrated smart platform featuring multiple innovations, Signum is a one-stop...
Dash and Ninjacrypto to Launch New Crypto Exchange
1.7.2021
Launched in 2014, DASH was then known as Xcoin. It turned to Dash after being renamed in March 2015. It was created to improve or rather to add privacy and anonymity aspects to the Bitcoins blockchain network. The goal of Dash is simply to become a popular mode of the transaction as a digital...
Kazakhstan to introduce new energy fees for crypto miners in 2022
1.7.2021
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022
Crypto exchanges in India still struggling to secure banking partners
1.7.2021
India’s crypto exchanges continue to cope with the burden of limited access to banking services
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...
Investment Heavyweights Soros, Cohen Wade into Bitcoin, Crypto Markets
1.7.2021
George Soros. Source: A video screenshot, Youtube/ Central European University
Bitcoin (BTC) has two new – and high-profile – fans from the world of traditional American finance, with George Soros and the “hedge fund king” Steve Cohen both reportedly going crypto.
Both have hinted before that they...
China's miner exodus a ‘big net positive for crypto,’ Mike Novogratz says
1.7.2021
Despite China's undermining, Bitcoin still exists and survives in lots of ways, Galaxy Digital's CEO says
Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
1.7.2021
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. Coin Miners in Kazakhstan to Pay Extra...
$22B hedge fund Point72 reportedly searching for a “head of crypto”
1.7.2021
Reports suggest that Steve Cohen’s Point72 hedge fund is searching for a “head of crypto” as the firm weighs up its options before entering the crypto market
As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains
1.7.2021
The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%....
Celsius users to receive yield from its $200M Bitcoin mining investment
1.7.2021
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky
New South Korean Reality TV Show Follows Fortunes of Crypto Investors
1.7.2021
Source: A screenshot, Youtube/TVCHOSUN
A South Korean reality television show that focuses on crypto investors, bitcoin (BTC) enthusiasts and miners has debuted on screens across the nation.
The show, which aired for the first time this week on TVChosun, the television arm of the nation’s biggest...
US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
1.7.2021
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that...