Alibaba has been rough after the crypto crackdown actions by the Chinese government. The Chinese biggest E-commerce company has stopped all its crypto-related activities and services. On Monday, the company announced that it will now allow sales of crypto miners. It has also suspended the blockchain miner category from the website and prohibited displaying any […]
The lightning Network (LN), Bitcoin’s marvelous layer-two solution, has recently witnessed the high leap to record levels resulting in increased adoption. As per the report published by Glassnode, the well-known on-chain analyst, on September 27, the node count of LN has increased by 160% in the current month. This led to a record high of […]
Yellow Card, a famous Africa-based cryptocurrency exchange, closed a $15 million fund the series A. This was a financial round conducted by one of the largest venture funds of Blockchain. This might be the starting point for the growth of the continent in the cryptocurrency world. Yellow Card stated on Monday that the fundraiser would […]
After joining Ripple’s board of directors in May, Rosa Rios bashes Bitcoin as a supposed speculative tool. Between the ongoing fight between security regulation officials of the United States and Ripple, Rosa Rios has spoken in support of XRP. She said that Bitcoin (BTC) is just a speculation tool now, and XRP is the real […]
Changpeng Zhao, a Chinese-Canadian businessman, sold his house in China eight years ago once he read Bitcoin’s whitepaper. The founder and Chief Executive officer (CEO) of Binance recently revealed that he did not give up any of his tokens in the May-June market crash. Changpeng Zhao, also known as CZ, in an interview, talked about […]
Crypto crackdown pressure China is at its peak as the authorities tighten their fists. Inner Mongolia, a province in China, Chinese regulatory authorities seized around 10,100 mining rigs from a tech park that operated under the law. A few months earlier, China placed a similar crackdown on mining rigs and farms in the country, driving many operations […]
China crypto crackdown and DeFi surge came hand in hand. The price of the native coin of the UniSwap exchange company, named UniSwap (UNI), has increased by 35% in the last day. Moreover, the coin also witnessed a 500% increase in trading volume. This blew up the price from $17.77 to the daily high of […]
Solana has been the best performing crypto asset in the world, rising through the bearish trend and establishing dominance. Observing Solana’s great success, Raoul Pal claims that Solana has the potential to establish dominance as Ethereum did in the 2017 bull run. This statement might be bold, but Solana has certainly displayed extraordinary performance this year. BitBoy […]
According to a recent reports, in the last year, as crypto adoption is at a peak due to institutional and personal investment, around 5,000 new crypto tokens have arrived in the market in the last year, which is nearly 10 tokens per day. Crypto tokens peak in 2021 According to a recent report, the current […]
Cryptocurrency-related crimes have been on the rise due to a lack of proper knowledge and regulations as well. A recent report revealed that a college student for robbed on knifepoint from his dorm room. This type of crime will strike fear in the heart of every student who is investing in cryptocurrencies. With the rising popularity […]
Cardano, the world’s third-biggest crypto by market cap, has chosen Chainlink and Dish Network as new partners. While plenty of partnerships are being made in the crypto industry, this partnership deserves a special mention. Recently, Billy Gibbons also announced that he would be releasing his NFT collection on Cardano. In a recent announcement by the […]
The first country in the world to adopt Bitcoin as legal tender, El Salvador, recognized Bitcoin as legal tender on 6th September. The President of the nation, Nayib Bukele, confirms the success of his Chivo wallet. According to the Bitcoin-pro leader, over a third of the citizens in the nation are using this wallet. Bukele’s […]
After three successful and viral public sales, Bit2Me, a Spanish crypto exchange, has finally raised a total of 20 million EUR ($23.9 million) to expand its newly released token, B2M. The opening sale came on September 6, from which the platform collected a tremendous $5.9 million within a minute. The second sale performed excellently and […]
El Salvador is trying to scale up the BTC adoption in the country. It is also trying to make things interesting in its app and Chivo crypto wallet. For that, it has offered $30 worth of BTC to every new user. Here are some of the ways Salvadorans are attempting to use their BTC funds: […]
Experts see the price of Bitcoin (BTC) and all the altcoins falling in the coming months as central banks of many countries around the globe are realizing their mistakes and bringing solid regulations. For example, the China regulation led to a massive drop in crypto prices. Many banks had reduced the interest rates in the […]
Crypto traders in South Korea are suffering from severe regulations these days. From having just four exchange options to choose from, crypto traders are now warned that if they ignore the protocols released by the government related to crypto trading, they might face serious consequences. Such South Korean residents could face crypto coin liquidation or […]
The Chinese government has once again sent the crypto world into a great panic state. Back in the month of May, China was responsible for Bitcoin dropping to almost half of its value. Yesterday, the news of the crypto ban in China produced similar results. Market analysts and experts compare China’s previous crypto crackdown to the recent […]
Earlier this year, the South Korean Financial Services Commission had made it mandatory for all digital asset platforms and crypto exchanges to register with the country’s anti-money laundering arm known as the Financial Intelligence Unit (FIU). The last date to register for the same was decided to be Sept. 24, 2021. While registering, the exchanges […]
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