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Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
Ripple Teases ‘Explosive’ Growth in Asia after Japan Remittance Deal
28.7.2021
Ripple has deepened its relationship with its biggest Asian partner, the Japanese financial giant SBI – with a remittance deal it has labeled the “first live on-demand liquidity offering in Japan.”
Ripple and SBI already co-run the SBI Ripple Asia cross-border payments initiative, but the...
ETH's trading volume grew much faster than BTC’s in first half of 2021
28.7.2021
Trading volumes for ETH increased by 1,461% over the first half of 2020
Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
28.7.2021
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency...
Blockchain Nodes: Monetize Resources and Contribute to Crypto Growth
26.7.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Image Blockchain nodes are a fundamental part of the peer-to-peer infrastructure as they enable communication within the network. They are designed...
US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC
17.7.2021
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this...
LBank Recruits Global Elites to Share Crypto Growth Dividends
17.7.2021
PRESS RELEASE. Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides its users with safe crypto trading, specialized financial...
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
16.7.2021
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago,...
LBank Recruits Global Elites to Share Crypto Growth Dividends
16.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides...
Analyst highlights 3 macro metrics that clearly show DeFi sector growth
15.7.2021
Taking a bird’s-eye-view of the DeFi sector shows that even though asset prices are down, the ecosystem continues to rapidly expand
Poland, Romania Rank in Top 10 for Number of Bitcoin ATMs, World’s Total Exceeds 23,000
15.7.2021
Two East European nations, Poland and Romania, are now among the top 10 countries hosting the most cryptocurrency ATMs. The global number of teller machines supporting crypto transactions has increased exponentially over the past months, now reaching over 23,000 devices. Poland Ranks Among Leading...
BitClout Lists on AscendEX, Continuing Incredible Growth
14.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
BitClout Expands its Network Proving More Opportunity for Users to Convert
Singapore - July 14, 2021 - AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited...
Small Love Potion (SLP) price doubles as Axie Infinity user growth explodes
12.7.2021
Rapid expansion in the Axie Infinity ecosystem and a parabolic rally from AXS triggered a 100% surge in the price of SLP
Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned
11.7.2021
At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit...
Africa Fintech Start-up Growth: Nigeria Dominates in ‘Big Three’ Markets
10.7.2021
According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17.3% jump from the 491 start-ups that were operating on the continent in 2019. Overall, the number of fintech start-ups...
Axie Infinity Doubles In a Week, Sees Strong Growth Across the Board
8.7.2021
Axie Infinity Shards (AXS), the governance token for the blockchain-powered Axie Infinity game, is among the hottest cryptoasets among the top 100 per market capitalization over the past seven days, appreciating nearly double the percentage of the next in line - but also seeing massive green...
DuckDAO and DIA Join Forces to Open New Avenues of Growth
8.7.2021
Joining forces with DuckDAO, DIA has announced that it has entered into a collaborative partnership with the former. This union is expected to develop the decentralized finance (DeFi) at a more enviable pace in the future. Through this union, the projects that are being incubated by DuckDAO will...
Stablecoin growth could affect credit markets, rating agency warns
5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry
Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
5.7.2021
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time...
Bitcoin of America’s Chief Financial Officer Reports Record Company Growth
2.7.2021
PRESS RELEASE. Bitcoin of America (BOA), a popular virtual currency exchange, is reporting record growth. Bitcoin of America is registered as a money services business with the United States Department of Treasury (FinCEN). Their mission is to provide their customers with a fast and easy...