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Cartesi and IoTeX Explain How Their Partnership Paves the Way for Some Powerful Use Cases
7.4.2022
The second half of March 2022 saw a series of global back-to-back crypto and Blockchain events in Dubai. These brought together some of the most prominent figures in the space, including Dr. Raullen Chai, Charles Hoskinson, Ben Goertzel, Justin Sun, and Davinci Jeremie, among many others. Amid...
UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
7.4.2022
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners
FIREPIN Token: the Hot Token to Watch as Algorand & Polygon Suffer Slumps
7.4.2022
The great thing about cryptocurrencies is that anybody can buy them. There’s no discrimination, no socio-economic barrier that keeps you from getting involved, and that’s a major reason why the decentralized industry continues to gain recognition and become a real rival to centralized...
Sky Mavis Holds Funding Round Led by Binance to Restore Lost Funds
7.4.2022
It is normal to trade financial instruments that have existed in the market for a long time. Times have changed, and Crypto trading is emerging as a cool alternative for traders of every background. Trading platforms have noted this to integrate upgraded tools and facilitate the trading of digital...
Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms
7.4.2022
As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms....
Read More: Coinbase Launches...
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
7.4.2022
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
7.4.2022
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
7.4.2022
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun)...
Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up
7.4.2022
PRESS RELEASE. Venture capitalists, founders, and eminent crypto investors graced the event to meet and connect. While the event was insightful, it was also a moment of unwinding for the attendees after weeks of back-to-back cryptocurrency and blockchain summits in Dubai. The host, Patrick Aljord...
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
7.4.2022
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member...
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’
7.4.2022
The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people committing ransom attacks usually demand payment...
Investors Show Rising Interest in Crypto, but Financial Illiteracy Hampers Investments - Surveys
7.4.2022
A series of recent polls are indicating a surge in interest in cryptoassets by US investors from across the generational and ethnic spectrum, but obstacles such as financial literacy gaps and inaction in dealings with financial advisors continue to hamper an accelerated crypto adoption...
Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game
7.4.2022
PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology. The play-to-earn revolution has catalyzed global change in blockchain and cryptocurrency markets, with...
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
UST staking goes live on Binance as Anchor reserves fall
6.4.2022
Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance
Crypto ETPs & ETFs to Surpass USD 120B Under Management in Six Years – Analysts
6.4.2022
The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence.
This figure...
Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina
6.4.2022
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise...
Binance.US completes $200M seed round to hit $4.5B valuation
6.4.2022
After launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories
Flowcarbon-Centrifuge Partnership Will Activate Carbon Finance
6.4.2022
flowcarbon, a climate tech firm based in New York, is partnering with Centrifuge, a well-established DeFi (decentralized finance) platform, to unleash the carbon finance project and scale the voluntary carbon market (VCM). Pools of forwarding contracts will be structured by flowcarbon – (Emission...
Ardor’s v.2.4.0e Testnet Update Incorporates New Features in the Decentralized Asset Exchange
6.4.2022
Blockchain-as-a-service (BaaS) platform Ardor has launched the v.2.4.0e upgrade for its existing Ardor 2.0 testnet version. To roll out this upgrade, the Ardor team completed the testnet hard fork for block 9800000 on March 20, 2022. According to the official unveiling on Twitter, the v.2.4.0e...