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Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules
14.10.2021
Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to...
Crypto Is a ‘Major Priority’ for Miami Mayor Building City Into Crypto Capital of the World
14.10.2021
Miami Mayor Francis Suarez says that cryptocurrency is a “major priority” for him as he attempts to build his city into the crypto capital of the world. “I want us to differentiate ourselves as a crypto capital of the United States or of the world,” he said....
Moscow Not Planning to Ban Russians From Buying Crypto Abroad
13.10.2021
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto...
Coinbase NFT Is Arriving Soon- Join the Waitlist
13.10.2021
Coinbase works towards enhancing global economic freedom. NFTs play a critical role in this objective by allowing more individuals to participate in the creator economy and profit from their efforts. Their influence can already be felt. NFT artists have shattered the conventional art world....
Binance Smart Chain (BSC) Receives $1 Billion to Bring the Next 1 Billion Crypto Users
13.10.2021
Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has launched a $1 billion Growth Fund for Binance Smart Chain, to accelerate adoption of digital assets and blockchain technology. In the span of next few months multiple programs will be set-up under its umbrella...
Litecoin Surpasses Ethereum in Number of Active Addresses
13.10.2021
Santiment, the on-chain data provider, states that Litecoin has surpassed Ethereum in terms of active wallet addresses. In addition, according to the data provider, Litecoin payment count hit its all-time high at 600k daily users. The number allowed the UTXO crypto to beat the top DeFi and...
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
13.10.2021
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko...
Report: Kenya Has Fourth-Highest Interest in Cryptocurrency Globally
13.10.2021
Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the study, only three countries — Ukraine, Russia, and the United States — have had higher searches for cryptocurrency in the last 12 months than Kenya....
New Australian ransomware plan allows for seizure of crypto
13.10.2021
Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation
Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry
13.10.2021
Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain...
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’
13.10.2021
Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says that “Coinbase NFT” will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.” In addition, Coinbase says...
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity
12.10.2021
HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first publicly-traded cryptocurrency miner, listing in Toronto on the Venture Exchange back in 2017 and added to NASDAQ in 2021. It mines both Bitcoin and Ethereum using 100% green...
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
12.10.2021
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such...
Coinbase follows FTX and Binance in launching NFT marketplace
12.10.2021
With 68 million verified users and 8.8 million monthly active users as of Q2 2021, Coinbase’s entry to the NFT industry could provide competition for established marketplaces like OpenSea
Major Turkish Crypto Exchange Coinzo Shuts Down
12.10.2021
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s...
Nelnet and Ripple Announce $44 Million Clean Energy Fund
12.10.2021
Ripple announces a strategic ESG partnership with Nelnet via a 44 million dollars joint investment. The ventures will incorporate the funds into Nelnet’s solar energy investment funds. Ripple is funding most of the joint investment to help solar energy projects across the US, promoting a more...
IX Swap Uses The Products of AllianceBlock
12.10.2021
IX Swap finally made the announcement of entering into a strategic partnership with AllianceBlock for the integration of the advanced DeFi applications into the ecosystem of the IXS. IX Swap serves as the Uniswap for TSOs and STOs, the liquidity and solutions for tokenized stocks, and security...
Mesut Özil to Launch His Own Cryptocurrency
12.10.2021
In an interesting development, Mesut Özil, a German star footballer, is expected to launch his own cryptocurrency to help his clothing brand to gain in popularity. Named M10Streetwear, the brand will mark the foray of the legend into the commercial space totally different from his football field....
Gate.io Is Offering the Three Kingdoms
12.10.2021
Gate.io startup announced offering The Three Kingdoms for free with the distribution rules. In addition, the platform is offering 1,250,000 TTK for free, which GT and VIP users can access. The startup has launched the Startup Project Free Airdrop Program to reward the users. The announcement...