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Bank of Israel Drafts Model of a Digital Shekel
13.5.2021
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...
Bitcoin Cash Argentina Runs Flipstarter to Boost Adoption in the Country
13.5.2021
Bitcoin Cash Argentina, a nonprofit organization whose objective is to promote the use of Bitcoin Cash, has started a flipstarter campaign that seeks to raise funds to explain the use cases of this cryptocurrency in the country and boost its adoption. Argentina’s economy has been severely...
Vitalik Buterin Donates $1B Worth of Shiba Inu Tokens to India’s Crypto Covid Relief Fund
13.5.2021
On Wednesday, Ethereum’s Vitalik Buterin took control of his stack of Shiba Inu, a dogecoin ERC20 token, and donated more than 1 billion dollars worth of the currency to India’s Crypto Covid Relief Fund. The fund is an initiative that seeks to help people suffering from the covid-19...
Paradox Director Is Very Sorry For "Low Quality" DLC Releases
13.5.2021
Following fan backlash over Europa Universalis IV’s Leviathan DLC, which wound up the worst-rated launch on Steam of all time, the director of the studio responsible has apologised to fans for not just Leviathan’s poor quality, but that of some other recent releases as well.Read more
Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
13.5.2021
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla Stops Accepting...
Bosnia and Herzegovina Is Preparing a Draft Bill to Regulate Cryptocurrencies
12.5.2021
A European country in the Balkans region could start regulating the crypto environment within its territory. A bill is being drafted in Bosnia and Herzegovina that would establish a regulatory framework for cryptocurrencies for the first time in the country’s history. Bill Aims...
Globe Listing on AscendEX
12.5.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives...
Survey: 1 in 4 American Investors Believe Dogecoin is the Future
12.5.2021
The meme-based crypto asset dogecoin has seen a phenomenal year, capturing a whopping 19,723% against the U.S. dollar during the last 12 months. Dogecoin’s price gains have pushed interest toward the cryptocurrency, quickly making it a recognizable name. A recently published survey from...
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
Moneygram Lets Customers Buy and Sell Bitcoin With Cash at 12,000 Locations
12.5.2021
Moneygram will start letting customers buy and sell bitcoin at 12,000 locations, thanks to a partnership with Coinme. The collaboration “will bring bitcoin to thousands of new point-of-sale locations in the U.S. with plans to expand to select international markets in the second half...
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
12.5.2021
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”...
SEC to Scrutinize Funds Invested in Bitcoin Futures
12.5.2021
The U.S. securities watchdog has announced it will scrutinize mutual funds that include investments in bitcoin futures markets to verify funds that comply with the Investment Company Act. The institution warned about the dangers of investing in bitcoin futures markets due to the implicit volatility...
Uniqly Enters the NFT Market With a Remarkable Performance
12.5.2021
It’s been a while since the crypto market has seen such a promising project, something that has a clear basis on a real market need and a long-term plan to stay relevant and bring value to customers, investors, and users alike. Uniqly.io aims to do exactly that, giving real-world value...
Analyst Warns of Broad Correction in the Cryptocurrency Market
12.5.2021
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing...
‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
12.5.2021
A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block.one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank...
Free Bitcoin: Papa John’s Giving Away BTC With Pizza Purchases in UK
12.5.2021
Papa John’s Pizza is giving away bitcoin with pizza purchases in the U.K. Customers who spend at least £30 will get £15 off their orders as well as £10 in free bitcoin. The bitcoin freebie is given through global cryptocurrency exchange Luno. Papa John’s Bitcoin Giveaway...
South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy
12.5.2021
A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes through their crypto exchanges’ customers’...
Urban Tea Now Accepts Cryptocurrencies Including Dogecoin
12.5.2021
A specialty tea products retailer based in China’s Hunan province, Urban Tea, has introduced crypto payments in its stores and restaurants on two continents. Starting from this week, customers will be able to buy its beverages and meals using various cryptocurrencies. Chinese Tea Stores...
Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy
12.5.2021
PRESS RELEASE. 12th May, 2021, San Francisco, California — Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital...
Mastercard Payment Index: More Consumers in Three African Countries Plan to Use Crypto Based Payment Methods
12.5.2021
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to...