Search
Climate Change Targets Bitcoin Mining: NY Lawmaker Proposes 3-Year Moratorium on Mining Operations in the State
5.5.2021
U.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners...
Bitcoin Cash Slated for May 15- Upgrade to Bring Improvements for Users and Merchants
5.5.2021
On May 15, 2021, the Bitcoin Cash network will undergo the process of an upgrade that will bring a handful of improvements. These updates include the removal of the unconfirmed transaction limit, enabling multiple OP_RETURNS, the implementation of double-spend proofs, and the inclusion of a...
Treasury Secretary Yellen Says US Does Not Have Framework ‘up to the Task’ of Regulating Cryptocurrencies
5.5.2021
U.S. Treasury Secretary Janet Yellen says that the U.S. does not have an “adequate framework” to deal with all the different issues posed by cryptocurrencies, such as money laundering and illicit financing. According to her, there is no framework that’s “quite up to the task...
JPMorgan Boss Jamie Dimon Says ‘I Don’t Care About Bitcoin’ but Clients Are Interested
5.5.2021
JPMorgan CEO Jamie Dimon has reaffirmed his stance on bitcoin while acknowledging that his bank’s clients are interested in the cryptocurrency. “I don’t tell clients what to do,” he said while emphasizing that he does not care about bitcoin. Jamie Dimon Has No Interest...
Revolutionary Crowdfunding Platform Tecra Space Offers Amazing Opportunities for Crypto Investors
5.5.2021
Tecra gives you a unique chance to invest in technological projects and promising startup ideas listed on its crowdfunding platform Tecra Space. Through implementation of blockchain solutions, such as tokenization, smart contracts, NFT, original cryptocurrency TecraCoin, DEX, and many more....
DOGE and ETH Hit All-Time High Due to Mass Interest
5.5.2021
The crypto industry is on a roll, with both masses and institutions showing great interest in the sector. Amidst the crypto hype, another delightful news came in from the side of Dogecoin and Ethereum. Both cryptocurrencies recently hit their all-time highs due to the growing interest in the field....
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume...
Ripple vs. SEC – The Face-Off Gets Uglier
5.5.2021
The US Securities and Exchange Commission and Ripple’s face-off in the pre-trial hearing had a new twist, prompting Ripple to accuse the SEC of its behavior. Ripple has accused the SEC of using the power of the US government to gain an advantage. In addition, the company said the SEC...
Mastercard Finds 4 in 10 People Plan to Use Cryptocurrency in the Next Year
5.5.2021
Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto...
Researchers Spot New Cryptocurrency Stealing Malware Advertised Under a Subscription Model
5.5.2021
A cryptocurrency-related malware program has been advertised on darknet forums as the “leading way to make money in 2021,” raising alarms among the cybersecurity community. Palo Alto Networks published a report on the malicious app Westeal, detailing the author’s ties with other...
Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies
5.5.2021
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and...
New York bill proposes to ban crypto mining for 3 years over carbon concerns
5.5.2021
A bill seeking to “pause” crypto mining for three years in New York was referred to the state's Environmental Conservation committee on May 3
Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead
5.5.2021
A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%, the employer wants the coins back, offering to pay the employee in U.S. dollars instead. Employer Wants Crypto Back After It Rose 700% Marketwatch published a letter...
Southeast Asia’s Largest Bank DBS Says Trading Volumes on Its Cryptocurrency Exchange Have Increased 10 Times
5.5.2021
DBS, Southeast Asia’s largest bank, says that cryptocurrency trading volumes on its exchange have grown 10 times to around $30 million to $40 million. The bank is also collaborating with JPMorgan on a blockchain settlement platform and plans to launch its first security token offering in...
Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000
5.5.2021
Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally. US Company Bitcoin Depot Expands ATM Coverage in 40 States Bitcoin Depot, which...
Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot
4.5.2021
The Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch...
S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices
4.5.2021
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P...
Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021
4.5.2021
DBS CEO Piyush Gupta said the bank's exchange has scheduled a token offering for Q2
Dogecoin Listed on eToro; Overtakes Twitter and Ford
4.5.2021
With the crypto industry experiencing a boom, Dogecoin shocks everyone by reaching the 255th rank on Asset Dash rankings. Currently, Dogecoin holds a value of 49.8 billion dollars, making it even more valued than Twitter (44.1 billion dollars) and Ford Motor Company (45.2 billion dollars.)...
Young Koreans Less Keen on Crypto Taxation Than Older Generations, Poll Finds
4.5.2021
Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans...