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China Opens Digital Yuan Whitelist for Ten Million Citizens
10.7.2021
The Chinese government is taking its digital yuan test one step further. Now, 10 million users will be able to test and use the currency after applying to join a whitelist in selected state banks. This new phase of the test aims to detect possible problems in a more broad testing environment. China...
123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid
9.7.2021
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants...
Crypto Scammers Now Stalking Dating Apps Like Tinder for Prey
9.7.2021
Crypto scammers may have found a new hunting ground for bitcoin (BTC) and altcoin-holding victims: dating apps.
Per a case study published by the US-based crypto self-custody solutions provider Casa, scammers have developed a “novel attack” that targets crypto enthusiasts. The firm warned...
SOLANAX Has Now Started Their Second IEO Round!
9.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The IEO has been a recent innovation in the cryptocurrency space, and Solanax, a Solana blockchain-based automated market maker (AMM), has recently started gaining momentum in the crypto community for its upcoming...
Rust Is Big Again On Twitch, Now With Beautiful Music About A Blood God
8.7.2021
Trends come and go on Twitch, but the Blood God is forever. Or at least, that’s the impression I get from a cult dedicated to this imaginary deity is one of the central throughlines between Rust role-playing’s first popularity explosion late last year and its latest, which is happening right now....
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
8.7.2021
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching...
PS4s and Xbox Ones Are Now Just As Hard To Find As Next-Gen Consoles
8.7.2021
Supply issues and Covid-19 complications have made the recent console generation transition a rocky one, with ongoing shortages making it nearly impossible to reliably procure a PlayStation 5 or Xbox Series X/S. But current gen consoles aren’t the only ones playing hard-to-get. Outside...
Alium.finance Now Integrated With Ethereum Network
8.7.2021
Alium.Finance has announced that it has completed its decentralized exchange (DEX) integration with the Ethereum network. This can be certainly regarded as a milestone for the project and will allow the user of DEX to leverage immense opportunities available on the blockchain network of Ethereum....
South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
8.7.2021
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. Contravention of Financial Sector Law According to a July...
Crypto Wallet Recovery Service KeychainX Can Save Your Bitcoin
8.7.2021
Whenever the prices of digital assets skyrocket, social media gets flooded with stories of people that could be millionaires now but forgot the keys to wallets they opened a few years before. But if this happened to you, don’t lose hope, cryptocurrency wallet recovery service KeychainX...
82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey
8.7.2021
A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023. The survey reportedly asked institutional investors and wealth managers from the U.S., U.K., France, Germany,...
Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan
7.7.2021
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to...
InComm Payments merchants can now accept crypto through Flexa
7.7.2021
Payments are the next major hurdle for global cryptocurrency adoption. A new partnership between Incomm Payments and Flexa will enable crypto payments for hundreds of thousands of merchants worldwide
Janice McAfee Does Not Accept Her Husband’s ‘Suicide’ Story — Widow Blasts Mainstream Media
7.7.2021
The eccentric 75-year-old cybersecurity tycoon John McAfee’s death has spurred a lot of controversy and speculation since he passed. Now McAfee’s widow Janice McAfee is speaking out and she doesn’t believe the mainstream media’s reports of her husband’s suicide....
DeFi Mining Is Now Live on Bybit
7.7.2021
The growing competition in decentralized finance (DeFi) is leading to many innovations in the domain. The latest addition to the list of novel features has come from Curve Finance which has extended the convenience of earning higher yields on volatile assets. The feature known as DeFi mining is...
18 Ventures Now a Strategic Investor at CoinBurp
7.7.2021
CoinBurp is no longer a small firm of 14 employees. It is now a bigger firm with a staff of designers, marketing experts, developers, and support specialists in the team. The investors of CoinBurp play a significant role in the growth and development of the company to make CoinBurp the pathway...
Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
7.7.2021
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities....
Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
7.7.2021
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech...
Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’
7.7.2021
The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last...
Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers
7.7.2021
Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported...