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Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country
28.4.2021
A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by...
MetaMask cites 'global south' for their 5x increase in users
27.4.2021
The wallet service and browser extension has seen its active monthly users grow five times since October 2020
Mastercard Launching Crypto Rewards Credit Card With Real-Time Bitcoin Rewards
27.4.2021
Mastercard is launching a new cryptocurrency rewards credit card featuring real-time rewards in partnership with crypto exchange Gemini. Cardholders will earn up to 3% back in real-time in bitcoin or a number of supported cryptocurrencies. Payments giant Mastercard is launching a new crypto rewards...
1inch launches mobile wallet on Apple iOS
27.4.2021
With this new wallet, mobile users will finally be able to transact on networks other than Ethereum
Cardano’s Inventor Predicts An “Internet Of Blockchain”
27.4.2021
The cryptocurrency industry is cruising right now, with over 1,600 cryptocurrencies around the world. The masses are accepting crypto as a viable payments system, and its mass adoption is already here. One major reason behind the industry’s growth is the constant delivery of esteemed ventures like...
Binance crypto exchange to launch its own NFT platform
27.4.2021
Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com
XRP’s Progress – Will it Ascend?
27.4.2021
While the crypto industry, in general, is experiencing an uprise, the year has not been the best for some cryptos. Many renowned currencies are witnessing constant price fluctuations, and Ripple is not one of them. With the ongoing case with the SEC, XRP has been under the spotlight for a long...
Market Update: Bitcoin Bulls Bounce Back, Dogecoin Slumps, XRP Jumps 18%
27.4.2021
Digital currency markets have been regaining some of the losses felt last week as the entire crypto-economy has jumped back over the $2 trillion valuation mark. Bitcoin has risen above the $55k zone, while other digital assets have seen more precipitous gains. Out of the top ten leading crypto...
Indonesian regulators consider tax on cryptocurrency transactions
27.4.2021
Officials are considering a tax on all cryptocurrency transactions in Indonesia
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
27.4.2021
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay...
All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
27.4.2021
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges...
Serum (SRM) hits a new all-time high as Solana adoption gains traction
27.4.2021
SRM price hit a new high as low fees and lightning-quick transaction speeds continue to attract new users to the Solana ecosystem
South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike
26.4.2021
During the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone,...
Charles Schwab Survey: Young UK Investors Prefer Cryptocurrencies to Stocks
26.4.2021
Major U.S. financial group Charles Schwab has conducted a survey and found that young British investors are twice as likely to buy cryptocurrencies, such as bitcoin, as they are to buy stocks. The company says it is watching the crypto space closely but needs “additional clarity from...
NFL Player for Kansas City Chiefs Sean Culkin to Convert 100% of Salary to Bitcoin
26.4.2021
An NFL player for the Kansas City Chiefs, Sean Culkin, will convert all of his salary to bitcoin. A proponent of the cryptocurrency, Culkin said, “I believe we are in the beginning stage of bitcoin’s shift away from being extremely speculative, to a legitimate asset class viewed as...
Bitmain Reveals New Antminer E9 Ethereum Miner, ASIC Device Commands 3 GH/s Hashrate
26.4.2021
The cryptocurrency mining rig and ASIC chipmaker Bitmain revealed a new digital currency mining device that’s dedicated to mining ethereum. While the Ethereum network is slowly transitioning from proof-of-work (PoW) to a proof-of-stake (PoS) system, Bitmain’s new Antminer E9 aims to...
Ethereum Price Rallies Due to Drop in its Network Fee
26.4.2021
Making a strong comeback, Ethereum has managed to breach its previous price record with new value stacking at an all-time high of $2645 on cryptocurrency exchange Binance. In addition to the value, the active users of Ethereum have also reached a record high of 771,000 – breaking its previous...
South Korean Prime Minister nominee to look into controversial crypto tax law
26.4.2021
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county