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Bitmain Cofounder Jihan Wu Says ‘Crypto Industry May Surpass the Internet’
1.5.2021
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make...
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Earth Day 2021: How the crypto industry is moving closer to going green
22.4.2021
Despite what the critics might tell you, blockchain is greener than ever
Despite scams, Australian securities regulator keen to support crypto industry
22.4.2021
The Australian Securities and Investments Commission wants to support the local cryptocurrency industry, despite receiving large numbers of reports about crypto scams
ASIC calls for closer engagement, but crypto industry says rules are unclear
19.4.2021
Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations
Nigerian Blockchain Educator Says Uncertain Regulations and Scams Slow Adoption of Cryptocurrencies
15.4.2021
With a population of over 200 million, Nigeria is widely regarded as one the biggest crypto markets in the world. Some in the crypto world believe Nigeria is one of the few countries better placed to see a greater acceptance of digital currencies. However, despite this optimism, the Nigerian crypto...
Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto
14.4.2021
Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s...
Crypto industry got more funding in Q1 2021 than all of last year: report
5.4.2021
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year
Employment Search Websites Show a Vast Amount of Jobs in the Bitcoin and Blockchain Industry
3.4.2021
As the crypto economy has swelled to close to $2 trillion in value globally, the businesses and operations behind it continue to expand. This means that a great number of companies are hiring and a quick look at popular online directories shows there’s a slew of jobs available. Bitcoin...
BNB vs ETH: The Future of the Crypto Industry
30.3.2021
The cryptocurrency and blockchain industry is often abuzz with new ideas and concepts, ranging from NFTs to DeFi, but even complete newbies already realize that the space itself is vastly larger than even the sum of its parts. Still, the value of a project is often seen through its price alone...
Blockchain.com raises $300M in crypto industry's third-largest capital raise
24.3.2021
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation
Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows
11.3.2021
A Colombian entrepreneur has joined forces with a Venezuelan teenager to launch a cryptocurrency in Boyacá, Colombia. The region is now known in the local crypto industry as the home of the most popular emerging local crypto in the country. Over 5,000 People From Other Countries Currently Hold...
'Play by the rules or we will shut you down,' says NY AG to crypto industry
1.3.2021
Letitia James said her office was "sending a clear message to the entire industry."
Crypto Industry Wins More Time For FATF Travel Rule
26.2.2021
There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which...
Token-Driven Karaoke Platform Gets a Boost in South Korea as Pandemic Hits Over 2,100 Singing Rooms
18.2.2021
Coronavirus-driven lockdowns and social distancing limits affect people’s way of entertaining themselves, such as going to karaoke. In South Korea, that activity is too popular, and despite the COVID-19 outbreak, the crypto industry is trying to capitalize on it. Somesing: A Blockchain-Based...
Publicly-Listed Chinese Lottery Firm Acquires Bitcoin Mining Pool Btc.com
17.2.2021
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool...
Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions
16.2.2021
A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system, took effect on February 5, 2020....
The Many Facts Pointing to Chainlink’s Sergey Nazarov Being Satoshi Nakamoto
10.2.2021
During the last few years, smart contracts and blockchain oracles have transformed the crypto industry, and one specific project called Chainlink is the most widely used oracle network to-date. Another interesting thing about Chainlink is the project’s creator, Sergey Nazarov has been...
Indian Finance Minister Answers Questions on Cryptocurrency Plans and Ban Proposal
10.2.2021
India’s Finance Minister Nirmala Sitharaman has answered some questions regarding cryptocurrency in Rajya Sabha, the upper house of India’s parliament. The questions include measures the government plans to impose on the crypto industry. Finance Minister Nirmala Sitharaman Answers...