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FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
14.9.2021
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders of locally used “kimchi”...
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
Fake news: Litecoin price surges 35% following Walmart adoption hoax
13.9.2021
According to CNBC, a Walmart spokesperson confirmed a press release on Litecoin was “not authentic” roughly an hour after the initial report broke
Russian Central Bank Tells Domestic Banks to Block Crypto Exchange Transactions
13.9.2021
gal business activities” such as “cryptocurrency exchanges,” which it clumped together in the same group as “online casinos and lotteries,” “financial pyramid schemes” and forex dealers.The central bank said it wanted domestic financial institutions to “block transactions” and “completely sto
Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion
11.9.2021
A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration...
Eight-Year-Old Japanese Boy Starts Building ETH Fortune Selling NFTs
10.9.2021
onews.com/coins/ethereum">ethereum (ETH) profits.The boy, whose name was withheld both on his social media channels and in an interview with Business Insider Japan, is known only as Zombie Z
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9.9.2021
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Russian Duma wants to regulate crypto mining as business
9.9.2021
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January
Report: Nearly Half Of Paradox Staff Experience "Mistreatment"
6.9.2021
Swedish tech news site Breakit is reporting some grim news from within Swedish publisher Paradox. A leaked document, created by unions Unionen and Sveriges, suggests a discriminatory workplace at Paradox, where almost half of employees report they’ve experienced “abusive/incorrect treatment.”Read...
1inch Network sponsors crypto-themed animated NFT series
3.9.2021
The series follows the exploits of a team of creatures attempting to get startup projects off the ground and will feature 1inch as a plot point in the first season
SBI reportedly looks to launch crypto fund in Japan by December
2.9.2021
An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first
ShapeShift open-sources its upcoming version 2 platform code
2.9.2021
The Erik Voorhees-led company is making strides to fully decentralize its corporate structure. In July, ShapeShift announced the largest airdrop in history as part of its decentralization pledge
Cream Finance will integrate with Polkadot blockchain using Moonbeam
2.9.2021
Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out
Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ of Business
2.9.2021
This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash,...
BlockFi board of directors replaces 'Crypto Dad' after four months
1.9.2021
“I’m looking forward to continuing to advise this impressive group of leaders, as they work to bridge the worlds of traditional finance and blockchain technology,” said Christopher Giancarlo
Japanese Business Giants Ready NFT, Blockchain Development Moves
1.9.2021
Rakuten CEO Hiroshi Mikitani. Some of Japan’s biggest crypto players are gearing up to make new non-fungible token (NFT) and blockchain moves – with Rakuten, Line and Coincheck preparing new projects.
Rakuten, which operates one of the country’s biggest e-commerce platforms, as well an e-pay...
Former US President Donald Trump: Cryptocurrencies Are ‘a Disaster Waiting to Happen’
1.9.2021
Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin...
Major job postings from the crypto space in 2021
31.8.2021
Some institutional players, online retailers, and media organizations have called for recruits with experience in crypto or blockchain
Nigeria's central bank partners with fintech firm Bitt Inc for CBDC rollout
31.8.2021
The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April
US Global Investors bought crypto exposure through Grayscale funds
30.8.2021
The investment firm already has significant exposure to gold, minerals, precious metals, petroleum, and other natural resources