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Poloniex Will Stop Services for Mainland China Users


Poloniex, the well-known cryptocurrency exchange, recently announced that it would cease its operations in Mainland China. The move came after Chinese authorities restricted crypto-based operations. The crypto exchange has voluntarily stopped its services in the region since it cannot comply with...

Dapper Labs Partners With Chainalysis to Curb NFT-Based Money Laundering


Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile in the NFT business. The company will use Chainalysis insights to have a better understanding of each one of the transactions...

Georgia to Pilot Digital Currency in Retail Commerce Next Year


The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the blockchain-based version of the national fiat, the Georgian lari, to facilitate retail sales. Georgia to Introduce Digital Lari...

Elrond Partners with Ardana to Help EGLD Collateralize Stablecoins


Elrond and Ardana joined hands to promote EGLD’s collateralization operations. The integration will help EGLD be counted as foremost among the cross-chain assets that help to collateralize the stablecoins released on Cardano using Ardana. The announcement came recently after Elrond established...

Kraken Grants $150,000 BTC to Black Bitcoin Billionaire


Kraken announced on the 6th  of October that it would be granting a substantial amount of 150,000 dollars in Bitcoin to the cryptocurrency organization Black Bitcoin Billionaire. This organization is notable for increasing the heterogeneity in the world of crypto. To ensure that digital and crypto...

Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament


The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional...

Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies


On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s payment services. Pacsun says the company has a youthful audience that is “very tech-oriented” and the firm has seen an “increasing desire towards...

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