The United States Securities and Exchange Commission (SEC) has been subpoenaing the Circle, the company which handles one of the largest stablecoin in the crypto industry, USD coin. Circle has registered a regulatory filing on October 4, according to which, SEC’s enforcement division had released an “investigative subpoena” for the company in July. After receiving […]
Lauren Walker, a Twitter user, tweeted a statement saying that she was “stealing” Non-fungible tokens (NFT), only to flip crypto-Twitter around and put her comments in a thousand-dollar token list. In an Oct 2 social media posting, Walker sarcastically stated she had valued her existing collection of NFTs at over $8 trillion, claiming she had […]
Bitcoin mining activities are on the road to complete recovery after the most severe short-term network interruption earlier in 2021, with miners finally receiving financial returns. The on-chain analysis firm Glassnode claims in its Oct 4 Week on Chain report that the Bitcoin hash rate mostly recovered amidst 50% of the network’s hashing power that […]
Amidst the crypto exchange crackdown by the South Korean government, Upbit, the famous South Korean crypto platform, has announced to halt all its services for unverified accounts. As per the official announcement by the company on Saturday, it released some of the alterations done during verification. This is done in accordance with the government’s Anti-Money […]
The Bank of America formed a new team of crypto researchers to look into digital currencies. This research team was formed way back in the month of July, i.e., three months ago. The members of the team believe that the current market capitalization of these digital assets is now 2 trillion USD and can’t be […]
Wallester, an Estonian partner of Visa, claimed that it supports the crypto industry and blockchain technology, and it is with Visa in the development of NFT. The overall extent of acceptance of cryptocurrencies is expanding at a rapid pace all around the world. Visa Inc. has purchased a $150,000 CryptoPunk collection collective NFT Token to invest […]
Edward Snowden, former Central Intelligence Agency (CIA) information breacher and journalist, has been giving statements since different governments started targeting crypto. Today, on Twitter, he tweeted a thread on a year-old tweet. The tweet was about the effects of governments on Bitcoin and its crash. https://twitter.com/Snowden/status/1444794906967486469 He said he saw that Bitcoin has now increased […]
The El Salvador government has vowed to introduce Bitcoin (BTC) to every citizen of the country. President Nayib Bukele declared that the local customers who pay using their BTC wallet, Chivo, will get a subsidized discount of $0.20 per gallon of petrol. The president described the announcement as “positive news for the pockets of Salvadorans.” […]
In a recent announcement, it was witnessed that popular cryptocurrency exchange, BitFinex, stopped working as the system crashed. Bitfinex is one of the biggest crypto exchanges wherein millions of volumes in cryptocurrencies are traded. When such incidents occur, there are chances that an investor might lose their investment. On Coinmarketcap, you can find Bitfinex in […]
Eric Balchunas, the senior ETF analyst in Bloomberg, said in the comments of a Twitter post that there is a 75% possibility that the United States Bitcoin futures Exchange-Traded Fund (ETF) will get approved this month, in some form or the other. The analyst said this weekend that the BTC ETFs were “likely on schedule” […]
The Federal High Court of Nigeria confirms the approval of the eNaira, the Central Bank Digital Currency, or simply, CBDC of the nation. Hence, Nigeria joins the list of countries that have their own CBDC ready to be tested. The list also includes Laos that partnered with a Japanese startup to create the digital kip. […]
Polkadot (DOT) is one of the top stars in the crypto market currently, as it rode on the back of the current rebound to pay off its lows for the previous week. At present, it has increased 4.39 % to $33.38, its peak point in the past 7-days timeframe. DOT is on the sidelines of […]
Laos has been actively involved in the crypto sphere. There are plenty of countries inspired by the recent adoption of Bitcoin by El Salvador. President Bukele also made mining of Bitcoin legal. This mining will take place in farms operating on electricity generated through volcanic power. In a similar fashion, Laos has also allowed the […]
A large section of the worldwide design community was attracted by the fungible tokens (NFT) space, and even 12-year-old youngsters are joining the frenzy. Benyamin Ahmed, a 12-year-old coder, joined Boring Banas Co.’s development team to build an NFT collection called Non-fungible Heroes (NFH). This whole collection of 8,888 comic books sold out in just […]
The United States president Biden and his government are reportedly considering a fresh set of regulations for stablecoin issuers. The plan is to put them in the same class as banks. This raises the question of the decentralization and the future of crypto regulation in the nation. The Wall Street Journal, quoting sources that are […]
The Meltwater Champions Chess Tour (MCCT), an international chess tournament, has unveiled to create nonfungible token (NFT) trophies and game collectors. The goal behind the decision is to preserve the most memorable situations of the game. The launch will boost the participation of the chess fans and community around the world. This is because the winner of […]
The September power pulled down the non-fungible token (NFT) sector, but with the successful launch of the Ethereum scaling solution, Boba Network, a new pack of energy has arrived in the crypto market . One of the most benefited projects from the layer 2 transition of the sector is OMG Network (OMG). OMG, a non-custodial […]
One of the few Bitcoin (BTC) traded exchange funds in the industry is the Brazil Stock Exchange (B3), which is looking at ways to supply data inputs of digital currency to the central bank digital currency (CBDC) in the country. Managing director of listed products and data at Brazil Stock exchange, Luis Kondic, said that […]
BlockchainFX is the world’s first crypto exchange connecting traditional finance with blockchain. Join the $BFX presale today and secure your chance for 100x gains!
Join Now