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Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps
12.11.2021
Twitter has set up a team to focus on “crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.” Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to manage...
Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
12.11.2021
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply...
Business Giant Hankook Readies Crypto, NFT Move
12.11.2021
Hankook Technology, a South Korean conglomerate and part of the business group that comprises one of the world’s largest tiremakers (Hankook Tire & Technology), has announced that it is branching out into crypto and non-fungible tokens (NFTs)....
Read More: Business Giant Hankook Readies Crypto...
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
Former Binance execs say exchange is worth $300B: report
11.11.2021
Though the exchange's holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world
FTX US sees daily volume, users surge in Q3
11.11.2021
Q3 was a volatile period for digital assets as Bitcoin wicked below $30,000 and the total crypto market capitalization shed half its value
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Binance.US to Back BOBA Airdrop Program for OMG Holders
11.11.2021
Binance.US has decided to take a snapshot of OMG tokens held by users at the first Ethereum (L1) block, and will further distribute BOBA tokens at the ratio 1OMG=1BOBA. The estimated time is subject to change and is just for reference as of now. According to sources like this Binance review,...
Hong Kong firm to offer insurance for Asian cryptocurrency holdings
11.11.2021
Insurance and risk management for digital assets will increase investor confidence, said OneDegree
Discord Clarifies Its Stand on Crypto Wallet Speculation
11.11.2021
On Wednesday, the Founder and Chief Executive Officer of Discord, Jason Citron, reassured customers that the company is not making any plan to shift its business towards the non-fungible tokens (NFTs). Citron made it clear through his tweet emphasizing that the company is not the gearing...
Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program
11.11.2021
Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between restaurant giant Landry’s and New York Digital Investment Group (NYDIG). In addition, Landry’s said it will buy bitcoin for its treasury....
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
11.11.2021
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...
Twitter Launches Twitter Crypto: Here’s How the Company Got There
11.11.2021
The social media giant Twitter is launching a “new team focused on crypto, blockchains and other decentralized technologies,” claims the woman who has been picked to lead it.
The team will be called Twitter Crypto, and the woman in question is Tess Rinearson, who has previously worked at...
Satoshi Nakamoto Takes Stand in Packed Courtroom for Kleiman V Wright on Day 6
11.11.2021
Public interest has risen as the days go by in the trial of Kleiman v Wright where up to half of 1.1 million Bitcoin valued at about $69 million is at stake. Mainstream media have flocked to the courtroom to bear witness to the Bitcoin courtroom drama. And as defendant Dr. Craig S. Wright takes...
$SMSP token up for presale with 10 Days Left For Investors
11.11.2021
By November 07, 2021, SafeMoon Space had already earned a whopping $3000000 for the presale of the new $SMSP tokens. The announcement was put out by SafeMoon Space through their Telegram account. As of now, there are only 10 days left for investors to participate in the $SMSP token presale,...
Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals
11.11.2021
Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct criminal activity. Bank of England Governor Andrew Bailey Sees Crypto Helping Criminal Activities The governor of the Bank of England, Andrew Bailey, said...
Robinhood Discusses Crypto Wallet Launch and Listing Strategy as Petition to List Shiba Inu Exceeds 526K Signers
11.11.2021
The chief operating officer (COO) of Robinhood Crypto has provided an update on the company’s upcoming cryptocurrency wallet launch. The executive also discussed Robinhood’s listing strategy in response to the question of whether the platform will list shiba inu (SHIB) cryptocurrency....
Coinbase partners with esports gaming organization competing in League of Legends
10.11.2021
“Crypto was new to me once, but once I started reading and watching, I realized that it wasn’t some passing fad — it’s here now, and will be in the future,” said Team Liquid owner and co-CEO Steve Arhancet