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VeChainThor Launches Vexchange 2
13.7.2021
VeChain recently announced the launch of the functionality of Uniswap V2 as Vexchange V2, according to VeChain predictions. The upgrade from V1 to Vexchange V2 comes with a host of new improvements and features. Vexchange has been a part of the Blockchain industry for around two and a half years....
Why Governments Are Cracking Down On Crypto Exchanges?
13.7.2021
2020 was a tremendously difficult year for countries around the world. While lockdowns forced a decline in economic growth, investors searching for inflation hedges resulted in asset prices taking off like a rocket. As money printing accelerated, crypto prices rocketed to the moon, up from lows...
Hotbit Unveils Hotbank VIP Investment Service
13.7.2021
Hotbit believes that established digital asset management cannot pursue haste success or instant gains but a combination of a prolonged mentality and continuous growth. As a digital currency, Hotbit review is reportedly flourishing and is anticipated to remain the same for some time. In 2018...
Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
13.7.2021
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency. With...
OK Group to help China combat money laundering with blockchain
13.7.2021
OK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology
Grayscale Becomes SEC Reporting Company
13.7.2021
Grayscale Investments announced that it is effectively an SEC reporting company according to the Registration Statement on Form 10 that the company filed with the SEC. Grayscale Digital Large Cap Fund is the foremost diversified fund for investment in digital currency. It is now an SEC reporting...
UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads
13.7.2021
The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department....
Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’
13.7.2021
According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen...
South Korean Bank Woori Financial to Offer Crypto Custody Services
13.7.2021
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after...
Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
13.7.2021
This year crypto derivatives traders faced some tough times, but the current situation seems much more favorable to Bitcoin bulls
Grayscale Investments’ Diversified Cryptocurrency Fund Now an SEC Reporting Company
13.7.2021
Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies. Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday....
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
12.7.2021
Signs of BTC accumulation begin to emerge as the network’s hashrate rises and exchange outflows increase in July
Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs
12.7.2021
PRESS RELEASE. Panther Protocol has joined forces with StackOS, a decentralized cloud protocol, to deliver privacy and data protection tools. As a meta-protocol focused on end-to-end privacy for any digital asset, Panther is of great interest to virtually all DeFi users looking to benefit from...
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
12.7.2021
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran...
Bybit KYC for Firms and Individual Clients: a Guide
12.7.2021
As Bybit will be launching this July 2021, it has implemented the Know Your Customer conformity for its firm-oriented and single crypto investor clients to sign up. The KYC ordeal is potent verification conformity for financial services to authorize and secure the client’s identification....
Blockchain ‘Immutability’ Dispute Sparked by Ethereum Request for Reorg Contract
12.7.2021
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that...
Australian online broker SelfWealth to offer crypto trading
12.7.2021
SelfWealth’s move into crypto investment falls in line with the company’s efforts to shift from a pure share trading platform to a “wealth creation platform”
Ukrainian police seize 3,800 PS4 consoles used for illegal crypto mining
12.7.2021
Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles
Anyswap Multichain Router V3 Investigation Report
12.7.2021
An incident of vicious exploitation was reported at the novel Anyswap Multichain Router V3 on July 10, 2021. An investigation into the exploitation incident of Anyswap revealed that there has been no effect on the bridge of Anyswap by the exploitation incident. However, the cross-chain liquidity...
FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats
12.7.2021
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses...