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Iranian government to cut power supply for the country's legal crypto mining rigs
20.6.2022
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable
More 'forced selling' ahead'? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
20.6.2022
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend
Helium (HNT) and Mehracki Token (MKI) — Next Cryptocurrencies to Boom in 2022 After the Bear Market
20.6.2022
With so much attention focused on the cryptocurrency industry, it’s possible to forget that the financial systems all over the globe are being revolutionized right now. The vast majority, if not all, of the coins and tokens enjoying rapid development are those affiliated with crypto...
Gate.io: The Crypto Winter Is a Good Time to Accelerate Web 3.0
20.6.2022
Despite a cold crypto winter looming on the horizon, global summits on Web3 continue to attract hoards of visitors. Confidence in Web3 appears to be maintained despite the bear market. So, is Web3 more than just a trending idea? Maybe– or maybe not. This past May, Google responded to the increasing...
Bibel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’
20.6.2022
Crypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure.
Per today’s notice by the company,...
Read More: Bibel Finance...
RoboApe (RBA) and Cronos (CRO): Why Closely Monitoring Both Altcoins May be Beneficial?
20.6.2022
Every successful crypto investor was not joking when they said DYOR (Do Your Own Research). Researching cryptocurrencies with prospects in the market costs nothing, but it can give you something and save you from losing everything. Some cryptocurrencies are powered by hype and buzz, and a FOMO...
Guide to Meme Token Blockchains and Protocols in 2022: RoboApe (RBA) and Dogecoin (DOGE)
20.6.2022
Meme tokens first shot to fame with the success of Dogecoin (DOGE), which is built on a dedicated Blockchain. Not all meme tokens are built on dedicated Blockchains, such as a promising new protocol called RoboApe (RBA),which is launching soon on Ethereum. We review these two top meme token...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...
Bitflex Commences BETA Testing With Zero-Trading Fees
20.6.2022
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans...
Solend DAO is Increasing Voting Time and Invalidating SLND1
20.6.2022
Solend DAO has undergone quick modifications in recent months. Despite introducing SLND1 fairly recently, the project received harsh criticism from its users. The venture has decided to address the concerns by introducing SLND2 actively. The DAO released an official post informing community members...
OraiDEX Announces ORAIX Tokenomics and Launch Date
20.6.2022
The decentralized exchange OraiDEX finalized the launch details of its native governance and utility token ORAIX. After much deliberation with the community, the team has designed a deflationary ecosystem for the token. The listing will take place on June 22 on the OraiDEX platform. OraiDEX is...
Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’
20.6.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it. You have to understand you’ll get volatility,” he stressed. Kevin O’Leary: I’m...
Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin
20.6.2022
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
19.6.2022
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet
Binance Suspends Direct Deposits and Withdrawals in Brazil
19.6.2022
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
Sberbank to Conduct First Digital Asset Transaction on Own Platform
19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
19.6.2022
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing...
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
19.6.2022
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have...