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Kava Swap Lists on AscendEX
30.8.2021
PRESS RELEASE. AscendEX, a global digital asset trading platform with a comprehensive product suite, is thrilled to announce the listing of the Kava Swap token (SWP) under the pair USDT/SWP on Aug 31 at 1 p.m. UTC. In celebration of the SWP listing, AscendEX will work with the team at Kava Swap...
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
30.8.2021
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million...
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
30.8.2021
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate...
Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
30.8.2021
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics...
Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism
30.8.2021
A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims...
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days
28.8.2021
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific...
Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language
28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...
Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset
26.8.2021
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international...
Asset managers and companies accumulate 1.2M Bitcoin worth $57 billion
26.8.2021
While asset managers have accumulated 4% of Bitcoin’s supply, private and public companies have also amassed 1% each
Korean FSC chair nominee doesn't think crypto is a financial asset
25.8.2021
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset."
Thai SEC proposes new rules for digital asset custodians
25.8.2021
The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September
Celsius becomes first CeFi or DeFi platform to cross $20B AUM
24.8.2021
In March, research from Alpha Sigma Capital suggested that the platform would reach $30 billion in assets under management by the end of 2025
Institutional investors bet big on Solana while BTC outflows persist
24.8.2021
Solana represented one-third of total inflows to institutional crypto investment products this past week
Visa invests $150,000 in NFT CryptoPunk Asset
23.8.2021
Visa has made a sizable investment in the NFT space, acquiring a popular digitally pixelated CryptoPunk
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
18.8.2021
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities...
Quantum-Resistant Token, Crown Sovereign (CSOV) Will Be Listed on Bitcoin.com Exchange
18.8.2021
PRESS RELEASE. Crown Sterling’s Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset, will be listed on Bitcoin.com Exchange in late September. This represents a milestone for both parties, one where Crown Sterling’s (CSOV) token will be listed on one...
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Solana Captures Fresh All-Time Highs, SOL Joins the Top Ten Crypto Assets by Market Cap
17.8.2021
During the last few weeks, a crypto asset called solana has been making its way up the charts and has made it into the top ten cryptocurrencies by market capitalization. Solana reached an all-time price high on Monday, capturing $74 per unit and an 80% gain over the course of the week. In addition...
Finder’s Expert Panel Suggests Litecoin’s Price to Spike More Than 40%, $266 per LTC by Year’s End
17.8.2021
The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie...