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South African Regulator ‘Welcomes’ Binance’s Decision to Terminate Certain Services in the Country
16.10.2021
A South African regulator, the Financial Sector Conduct Authority (FSCA), says it welcomes Binance’s decision to stop offering some of its services to South Africans. Productive Consultations In a statement, the FSCA suggested that the move by the cryptocurrency exchange came after it held...
Flow integrates Filecoin storage services to make NFTs more decentralized
15.10.2021
Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network
Here's Why Twitch's Giant Internal Leak Is Inundated With The Word 'Pizza'
14.10.2021
Last week Twitch suffered a massive hack. Roughly 125GB of data was leaked online, including source code and top streamer earnings, as well as a bunch of files with bizarre references to pizza. Why? Twitch suffered another major hack back in 2014 and code-named the response to it “Urgent...
Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings
13.10.2021
A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
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...
Elrond to Acquire Capital Financial Services S.A, Owner of First e-Money License in Romania, Pending Approval of Romania’s National Bank
12.10.2021
Sibiu, Romania, October 12, 2021 – Elrond Network, the European startup developing groundbreaking internet-scale blockchain technology, announced today the acquisition of Capital Financial Services S.A. (operated under the Twispay brand), a company licensed to operate an Electronic Money...
Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System
12.10.2021
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into...
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
12.10.2021
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in...
Stream Star Amouranth Banned From Twitch, TikTok, And Insta (She'll Be Fine)
11.10.2021
Popular Twitch streamer Kaitlyn Siragusa, also known as “Amouranth,” was simultaneously banned from Twitch, TikTok, and Instagram on October 8th. The reasons are still unknown, but this marks the fifth time the infamous “hot tub” streamer has been banned from Twitch.Read more
Salvadoran President Nayib Bukele Announces Construction of Vet Hospital With Bitcoin Trust Funds
11.10.2021
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust. Part of the $4 million excedent will be invested in a vet hospital that will offer different services for the pets of Salvadoran citizens. Bukele explained this...
Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa
10.10.2021
A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty...
Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator
9.10.2021
Binance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country....
Poloniex Will Stop Services for Mainland China Users
8.10.2021
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...
SEC Approves Bitcoin-Related ETF as Market Awaits for 'Real' BTC ETF
8.10.2021
derive a majority of their revenue from related activities, including Bitcoin mining, mining hardware manufacturing, or lending services, CEO & founder of Volt Equity, Tad Park
Streamers React To Leaked Twitch Income Rankings With Jokes, Criticism
7.10.2021
An anonymous hacker leaked payroll information for every streamer on Twitch yesterday, and predictably, the revealed incomes have become an inescapable topic of conversation for streamers in their Twitch chats and on social media. The range of reactions to the leak has been vast, with some...
Twitch Says 'Malicious Third Party' Was Behind Hack
7.10.2021
Twitch has just issued an update after yesterday’s major attack on the service, which resulted in the theft and then public posting of, among other things, the platform’s source code. According to their ongoing investigation, a “a malicious third party” is responsible.Read more
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
7.10.2021
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...
US Launches National Cryptocurrency Enforcement Team to Prosecute ‘Criminal Misuses of Cryptocurrency’
7.10.2021
The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and prosecute “criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money...
Only Three Percent of Twitch’s Top-Earning Streamers Are Women, Apparently
6.10.2021
The Twitch leak from 4chan confirmed what a lot of people already know: The majority of the platform’s most successful content creators are men. But what’s shocking is the disparity. Out of the top 100 creators, only three of them are women. Only one of them is a woman of color.Read more