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OKEx Launches Portfolio Margin Mode for Better Capital Efficiency
2.11.2021
OKEx recently announced the release of portfolio margin trade. The new mode will be available on the platform for API and high-volume professional traders. It is the 4th account mode available under the OKEx system besides the multi-currency margin, single-currency margin, and simple modes....
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
2.11.2021
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...
Shopping.io Announces Integration of Floki Coin
2.11.2021
In what could be termed as an important strategic partnership, Shopping.io announced its integration with Floki Inu. The result of this collaboration is the FLOKI coin integrating with the Shopping.io platform. This will enable coin holders to make purchases on Shopping.io and make payments through...
Game over! Squid Game-inspired crypto scam collapses as price crashes from $2.8K to zero
2.11.2021
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1
A Huge Crypto Report Issued by Biden Administration
2.11.2021
To regulate the crypto market, the Biden Administration wants the Congress to swiftly issue rules and regulations for stable crypto coins. It was suggested that token issuers should be converted to chartered banks or depository institutions. The broader crypto coin industry is warned of tougher...
Paraguay Eyed as New Bitcoin Mining Destination
2.11.2021
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for...
DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg
2.11.2021
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg...
‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
2.11.2021
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable...
Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
2.11.2021
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...
Crypto Exchange Kraken to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump
2.11.2021
Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on...
Crypto.com is the #1 app in the Google Play Store in the US
1.11.2021
The exchange’s app was also the third most downloaded on the U.S. Apple App Store last week, but has since fallen to 20th
Huobi trials NFT marketplace to further GameFi and metaverse strategy
1.11.2021
Huobi previously launched a $10-million fund to invest in projects focused on GameFi, a mix of gaming NFTs and DeFi
Long-Term Bitcoin Holders Continuing the Trend: Kraken Reports
1.11.2021
Kraken recently released its Shocktober report, revealing major information about Bitcoin. The report states that most BTC miners still maintain their original holdings even under adverse conditions. The one-year received supply of Bitcoin shows a granular view of long-term hold supply....
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
1.11.2021
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe...
Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
1.11.2021
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by...
Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges
1.11.2021
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims....
Celebrating the Seminal Bitcoin White Paper Satoshi Nakamoto Published 13 Years Ago Today
31.10.2021
All around the world cryptocurrency supporters and proponents of blockchain technology are celebrating the 13th anniversary of the Bitcoin white paper. The summary of the inventor’s creation was published on metzdowd.com’s Cryptography Mailing List on Halloween 2008, as it gave birth...
Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
31.10.2021
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access...
Patreon Considers Allowing Creators to Use Crypto for Monetization
31.10.2021
Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021...
Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally
31.10.2021
According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion...