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Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...
Elon Musk and Mark Cuban See Dogecoin as the ‘Strongest’ Cryptocurrency for Payments
15.8.2021
Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to using it as a means of payment. To promote the use of dogecoin further, the NBA team Dallas Mavericks will be offering “special pricing for those who pay with...
UK Police Seize USB Stick With Ethereum Worth $9.5 Million
15.8.2021
British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in...
British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen
14.8.2021
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global...
Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin
14.8.2021
A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The perpetrators asked for a sum of 1.5 bitcoin to release the hostage, later lowering the ransom to 0.5 bitcoin. The family of the victim finally...
Soccer Superstar Lionel Messi Gets Part of His Contract Paid in Cryptocurrency
14.8.2021
Lionel Messi, the Argentinian soccer superstar, has opted to receive cryptocurrency as part of his new contract signed with the French club Paris Saint-Germain. The club revealed that the player will receive crypto as part of his $30 million payment, as a “welcome package” given to...
Ex-Faze Clan Member Says He's Paying Back Scammed Fans
14.8.2021
In June, members of popular gaming group FaZe Clan found themselves in hot water due to their involvement with an apparent pump and dump scheme involving a charity-based cryptocurrency known as SaveTheKids. This led FaZe to suspend several members and boot one, a content creator known as Kay,...
Coinbase Aims to Be the ‘Amazon’ of Crypto, CEO Says Exchange Wants to List All Legal Crypto Assets
13.8.2021
The Nasdaq-listed cryptocurrency exchange Coinbase says that it wants to be “the Amazon of assets” and list every legal crypto asset out there. The company has outlined two major long-term trends affecting its business. Coinbase Wants to List All Legal Cryptocurrencies Coinbase revealed...
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...
Decentralized Exchange Soldex AI Will Empower Crypto Users to Create Unique Trading Algorithms
13.8.2021
Have you ever wanted to harness the capabilities of artificial intelligence and machine learning to trade in the cryptocurrency markets? Soldex will not only offer you a way to do this easily, it will also allow you to share the trading algorithms you developed with the community and be rewarded...
Web3 Fashion Week to Witness NFT Launches by The Fashion Industry
13.8.2021
Working as a highly-acclaimed NFT portal that connects people to fashion through a live digital market sphere, DIGITALAX has collaborated with the Global Designer Network to host a one-of-its-kind ‘Web3 Fashion Week’ devoted to fashion lovers. According to the report, the Web3 Fashion Week...
Crypto.com Launches Crypto Tax Filing Service in Australia
13.8.2021
Crypto.com has launched a new service to help make it easier for Australians to file their cryptocurrency tax returns. This service, called the Crypto.com Tax, had been launched in Canada and the USA earlier. It is now being extended to Australian users. Crypto.com Tax makes it easy to complete...
Ontology Expands Operations For Japanese Crypto Fans
13.8.2021
With the decentralized blockchain sector expanding its prowess to new horizons across different industrial verticals, countries from across the world are putting in their best efforts to win this mad race for evolving as a technology ruler. In this race, Japan is utilizing its revolutionary tech...
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
13.8.2021
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto...
Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
13.8.2021
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday...
Moonpot Employs Chainlink VRF on BSC to Boost Prize Draws
13.8.2021
The multiple-chain yield aggregator Beefy Finance’s no-loss lottery ante Moonpot has taken on a Verifiable Randomness Function powered by Chainlink and integrated it on the independent blockchain of Binance Smart Chain. From now on, users can avail the full advantages of such an expansion of Beefy...