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Bancolombia to Offer Crypto Trading in Financial Regulator’s Pilot Program
7.12.2021
Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able...
Massive jump in number of Australians who own crypto: Survey
7.12.2021
CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile
Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies
7.12.2021
Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought...
Crypto Exchange Binance Is Making ‘Substantial Changes’ to Become ‘Fully Licensed and Fully Compliant’ in UK
7.12.2021
Cryptocurrency exchange Binance has unveiled its plan to become a “fully licensed and fully compliant” exchange in order to serve users in the U.K. The crypto exchange is reportedly “making a number of very substantial changes” in the way it operates in order to comply...
Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance
6.12.2021
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year
How to Become a Liquidity Provider with Hashbon Rocket CDEX in Few Simple Steps
6.12.2021
Liquidity Provider A liquidity provider is an individual who funds the liquidity pool of a decentralized platform with crypto assets to facilitate trading on the platform and earn passive income. Such individuals are known as trade facilitators and are paid with transaction fees paid for the trades...
Rainmaker Games Brings $RAIN to PolkaStarter
6.12.2021
Rainmaker Games recently announced its IDO (intial decentralized offering) without any specific release date. In addition, the venture also announced adding $RAIN to the Polkastarter ecosystem. The free platform offers hundreds of play-to-earn games to users globally. These titles connect guilds...
Bitmart Loses $200 Million in Hack Performed by Unknown Attackers
6.12.2021
Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers...
Major Crypto Crash Leads to $570 Billion Lost in Market Cap
6.12.2021
The recent bitcoin meltdown can be attributed to countries attempting to control online legal cash. The whole market value of cryptocurrencies was $3.7 trillion on Friday, but they are currently only worth $3.1 trillion. A total of $570 billion was lost in a single day. According to CoinDesk data...
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
6.12.2021
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms
Bitcoin Shows 'Overwhelming' Institutionalization After ‘Significant Deleveraging’
6.12.2021
The crypto market continued lower on Monday after a weekend sell-off that was described as a “significant deleveraging event.” Despite the event now being behind us, however, some traders continued to worry about the potential for an extended market correction.
At 11:14 UTC, the total crypto...
BitMart Loses $196M to Security Breach
6.12.2021
The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...
Huobi and Shiba Inu community to help BitMart overcome $200M hack
6.12.2021
Over the weekend, hackers made away with nearly $200 million in 20 different tokens
Indian Crypto Bill: Exchange CEO Discusses What to Expect
6.12.2021
There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed...
Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary
6.12.2021
Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to...
SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable
6.12.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and abuse in certain applications,” he said. “In many cases, investors aren’t able...
Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto
5.12.2021
A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a recent study, over 80% of African users have taken part in the commodity staking program since its launch...
Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions
5.12.2021
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during...
China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...
Jack Dorsey’s Decision to Quit Twitter Is Not a Vote of Confidence in Future of Social Media
5.12.2021
Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland.
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