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South African Crypto Platform Revix Raises $4.1 Million
20.4.2021
The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution...
IOTA Collaborates with Zebra Technologies
20.4.2021
IOTA Foundation has collaborated with Zebra Technologies to accelerate the deployment and availability of an open, secure, and interoperable framework for testament creation and check. The Foundation has been working with a few model rights from the mid-2020s when the COVID-19 cases began flooding...
Former currency comptroller to become CEO of Binance.US crypto exchange
20.4.2021
Former top U.S. banking regulator Brian Brooks is joining the U.S. affiliate of the world’s largest cryptocurrency exchange as its new CEO
Investment in DigiByte: Things You Should Know
20.4.2021
It is an interesting time to be in the cryptocurrency domain, with many digital coins registering their all-time high values in 2021. Many digital currencies are making headlines, and prominent among these is DGB. DGB is the native token of DigiByte Blockchain, which has carved a place for itself...
PayPal-owned Venmo launches cryptocurrency trading
20.4.2021
Venmo is following in the footsteps of its rival, Square's Cash App, by introducing cryptocurrency trading
Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings
20.4.2021
The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to...
TeraBlock exchange raises $2.4M to develop crypto newbie-friendly interface
19.4.2021
The platform can reportedly execute trades automatically based on up to four risk-reward profiles that crypto users choose themselves
Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People
19.4.2021
Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African...
Cryptocurrency as an Investment Tool in China
19.4.2021
The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor. Li, one of seven deputies to PBoC governor Yi Gang and former vice mayor of the Chinese municipality of Chongqing, is seemingly taking a stronger position for the central bank to recognize...
Blockchain Association executive debunks rumored crypto crackdown by Treasury
19.4.2021
A United States blockchain lobbying group executive says there is not any danger of a crypto crackdown in the country
Will Dogecoin Survive this Rally?
19.4.2021
Amidst the explosive surge of crypto in the market, the meme-currency Dogecoin recently managed to achieve unforeseen growth. On 16 April 2021, Dogecoin reached the price of 43.77 cents before it gave back some gains on the weekend. The most obvious reason behind Dogecoin’s market surge can...
Société Générale Launches Blockchain-Based Structured Product
19.4.2021
French financial services giant Société Générale has issued security tokens on Tezos’ public blockchain as part of its ongoing experimentation with cutting-edge fintech applications. Latest Move Reflects Bank’s Efforts to Fold Cryptocurrency Operations Into...
Cardano on Recovery Amidst Plutus and Alonzo Upgrade Buzz
19.4.2021
Cardano had experienced a rough patch recently as the valuation of its native coin tumbled down to $1.079454 on Sunday by 03:39 GMT. This translated into a 24.8% loss on the day, which is the biggest since March 12, 2020. The loss in the valuation impacted the total market cap of the network, with...
Call Option Token List on UMA Includes Two New Tokens
19.4.2021
Working as a powerful and secured protocol facilitating the creation of synthetic assets on Ethereum, UMA has announced the inclusion of BAL and UNI cryptocurrencies in the diverse list of its decentralized call option tokens. The newly supported tokens have been pooled and minted with their native...
South Korea plans interagency crackdown on illegal crypto transactions
19.4.2021
South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week
US SEC Expected to Impose ‘Fair Amount’ of Regulation on Cryptocurrencies, Says Former Chairman
19.4.2021
Former SEC Chairman Harvey Pitt says that he expects a “fair amount” of crypto regulation coming from the U.S. Securities and Exchange Commission (SEC) following the confirmation of the new chairman. Former SEC Chair Expects ‘Fair Amount’ of New Crypto Regulation Harvey Pitt...
Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble
19.4.2021
The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as...
Dogecoin, CryptoCurrency Reddit communities surge as crypto euphoria heats up
18.4.2021
The subreddits for Dogecoin and CryptoCurrency added a combined 232,697 subscribers last week, far outpacing the growth of all other communities
Hedge Fund Investment Firm Brevan Howard to Start Investing in Cryptocurrencies
18.4.2021
Brevan Howard, one of Europe’s largest hedge funds with $13.7 billion in assets under management, is reportedly set to start buying cryptocurrencies. The investment firm previously bought a 25% stake in One River Asset Management, which runs a number of cryptocurrency funds. Major Hedge Fund...
More IRS summonses for crypto exchange account holders
18.4.2021
The recent John Doe summons developments indicate that the IRS is seriously interested in crypto — better to report than to be audited