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Australian digital finance industry wants to legally recognize DAOs
15.7.2021
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools
Poland, Romania Rank in Top 10 for Number of Bitcoin ATMs, World’s Total Exceeds 23,000
15.7.2021
Two East European nations, Poland and Romania, are now among the top 10 countries hosting the most cryptocurrency ATMs. The global number of teller machines supporting crypto transactions has increased exponentially over the past months, now reaching over 23,000 devices. Poland Ranks Among Leading...
World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies
15.7.2021
The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry Fink, the CEO of Blackrock, the world’s...
Italian finance regulator issues warning on Binance crypto exchange
15.7.2021
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country
Augmented Finance to Source Data from Chainlink’s network
15.7.2021
Augmented Finance will use Chainlink’s industry-leading Oracle network services for its running its protocol on the Ethereum blockchain. This will enable the company to access reliable and fully tempered-proof data for its smart contracts for carrying out various operational and functional...
Coinbase Pro Introduces MASK and RLY Networks
15.7.2021
In a recent turn of events, Coinbase Pro presents traders with lucrative offerings of Mask Network (MASK) and Rally (RLY) for their accounts. Clients of the trading platform will be permitted to exchange the network’s assets before the trading pursuits begin. From the launch date of July...
Digital Euro Project Gets Going as ECB Launches Investigation Phase
15.7.2021
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
15.7.2021
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America...
France Proposes EU-Wide Cryptocurrency Regulation
15.7.2021
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed...
Visa to Approve Cryptocurrency Card by Australian Startup
15.7.2021
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week...
Exchange Providers Halt BSV Services as Mining Pool Captures 78% of BSV Network Hashrate
14.7.2021
The cryptocurrency community has been discussing the Bitcoinsv network as a mining pool called Taal has well over 51% of the hashrate. Data from the analytical crypto website Coin Dance shows the mining pool Taal commands over 78% of the network’s hashrate during the last 24 hours....
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
ShapeShift to decentralize entire company, plans for largest airdrop in history
14.7.2021
“It has become clear that open, immutable finance requires open, immutable organizations,” said Erik Voorhees, founder and CEO of ShapeShift
South Korean Regulator Analyzing 578 Cryptocurrencies
14.7.2021
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country’s top financial regulator reportedly said....
Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto
14.7.2021
In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist...
Shanghai Law Enforcement Officials, Scholars Talk Cryptocurrency
14.7.2021
Representatives of law enforcement agencies and academia in Shanghai held a seminar devoted to cryptocurrencies, regulations, and the combating of crypto-related crime. Determining “the legal attributes of virtual currency” was among the main topics at the forum which also focused...
BitMart Lists Official Mars Token and Sportcash One (SCONEX)
14.7.2021
BitMart, the well-known crypto exchange, is making headlines after announcing two new coin listings. The platform is set to list Sportcash One (SCONEX) and Marks token in July. The coins will not go live on the same day, but the difference between their launch is a week apart. Sportcash One will...
Polygon Adds the 1st Non-Cash Base Token, WMATIC
14.7.2021
While the crypto sector is facing some troubles, Polygon is shining through its partnerships and product launches. Now the network is adding the first non-cash base token, WMATIC. In addition, Deri Protocol, the novel derivative protocol on the Polygon network, is adding the token. Deri Protocol...
Cryptocurrency Trading Volumes Decreased 40% in June
14.7.2021
Cryptocurrency trading volumes decreased significantly in June according to data from Cryptocompare, a price and volume tracking organization. Volumes traded diminished by at least 40% month-on-month, with spot and derivatives trading both suffering due to the mining and trading crackdown in China...
Self-Proclaimed Bitcoin Inventor Jörg Molt Arrested for Alleged Crypto Pension Fraud
14.7.2021
In 2019, a man with Fabio-like hair entered the cryptocurrency scene with questionable claims when he told a slew of people he helped co-found the creation of Bitcoin. The self-proclaimed Bitcoin inventor named Jörg Molt not only offered a “Satoshi School” but allegedly ran...