The International Monetary Fund (IMF) has urged the government of El Salvador to narrow the scope of the newly established Bitcoin Law and remove bitcoin as a legal tender. In a press release publishe...
Tag: altcoin news
Russia’s Finance Minister Says Crypto Should Be Regulated, Not Banned
Ivan Chebeskov, the department director of the Russian Finance Ministry stated in a recent report that to protect the rights of the Russian citizens, it will be more beneficial to regulate cryptocurre...
Indonesia’s Regulator Bans Financial Institutions From Dealing In Crypto
The top regulatory body in Indonesia has told financial firms in the country to stay clear of facilitating all transactions that involve cryptocurrency. Indonesia’s watchdog cited concerns regarding m...
Struggling Bitcoin (BTC) to Profit From FED Rate Hikes: Research
Following reports that the US Federal Reserve is considering increasing interest rates, the crypto market recorded significant losses with crypto assets such as bitcoin experiencing sudden drops in th...
Blockchain Startup Data Gumbo to Automate Oil Drilling Contracts for Equinor
Data Gumbo, a US-based firm that provides trusted transactional smart contract network today announced it had allied with Equinor where the latter will tap its blockchain network to manage contracts a...
Partner with Public Chain Ecosystems & Builder of Compliant, Transparent Finance
Singapore, Singapore, 25th January 2022, The stablecoin market experienced explosive growth in 2021. The total supply of U.S. dollar-pegged stablecoins soared to 388%, from $29 billion at the beginnin...
APENFT Foundation & LiveArt Announce Exhibition in Cryptovoxels & Auction on LiveArtX
Singapore, Singapore, 25th January 2022, APENFT Foundation and LiveArt have announced the opening of “Second Life,” an exhibition at the APENFT ART MUSEUM in Cryptovoxels and auction on LiveArtX, on T...
Indonesia Ban Banks From Offering Crypto Services
Indonesia’s regulator has prohibited financial institutions from offering crypto services to protect investors against risks involved in investing in digital assets. The Indonesian regulator, Otoritas...
Binance Smart Chain (BSC)-Based EuroSwap Gaining Traction, over 32 Million EDEX Staked For up to 152% APY
Over 32 million EDEX have been locked as part of EuroSwap’s Early Staking Program, an update on January 22 reveals. EuroSwap’s Ultra-High Staking Rewards According to EuroSwap, holders of its native t...
TimechainSwap Launches Farming & Liquidity Protocols On Its DEX
Montreal, Canada, 24th January 2022, Timechain, a decentralized exchange aggregator and permissionless lending and borrowing protocol, has introduced Automated Market Maker (AMM) liquidity pools, yiel...
The Launch of the BTCa Coin on 02.02.2022 and Its Prospects
Harju maakond, Tallinn – BTCa is a new and technologically fork of bitcoin. The goal of the project is to make bitcoin available to all users. Bitcoin mining becomes more difficult every day. Our fork...
MicroStrategy Will Continue to Put Money Into Bitcoin Despite Drop Says CFO
Despite the recent crypto market decline, MicroStrategy will not stop purchasing more bitcoin (BTC). Phong Le, MicroStrategy CFO, said in a Wall Street Journal report today that the company’s position...
Shiba Inu And HUH Token Decrease Investor’s Risk Perceptions Of Crypto
It’s no secret that investing in cryptocurrency can be a dicey game, filled with falls and highs unparalleled by other investment systems … however, it seems that investors’ risk perceptions are lower...
Former Goldman Sachs CEO Makes U-turn, Says Crypto is Happening
Lloyd Blankfein, former Goldman Sachs Chairman, and CEO said “cryptocurrency is happening,” as the asset class continues to grow in popularity and is attracting several trillions of dollars in investm...
Hector DAO set to Launch its Hector Bank with More Services Set to Debut in 2022
Hector is a decentralized system based on the HEC token, which is collateralized and backed by the Hector Decentralized Autonomous Organization (DAO). The HEC token is backed by decentralized assets h...
Next Generation GameFi Project Mextaxy Is Ready To Take Off
After the impressive IDO launch, Metaxy, a Free-to-Play and Metaverse NFT fighting game, is ready to move forward and conquer the DeFi and NFT gaming space. NFT gaming has boomed over the past year re...
With an Upsurge in Crypto Exchange Trading Turnover, PointPay Has Reached $50 Million at the End of 2021
The trading turnover of the PointPay crypto exchange has extended by $50 million, reaching a growth of 203% year on year. Meanwhile, as the company’s annual report announces, the number of monthly act...
UBS Warns of a Crypto Winter, Expects Fed Rate Hikes and Regulation
A recent report by UBS, Switzerland’s largest bank, has warned about a crypto winter in which prices drop and may not recover for years. According to the bank’s analysts, several key factors affect cr...
Ethereum Surges To $2,400. Are the Bears Finally At Sleep?
Since last week, the crypto market has been plagued by a series of corrections. One of these retracements saw the sector’s worth dip by more than 20% during the last seven days. Unfortunately, the ind...
Around The Block With Jefferson – Interview with Bobby Lee, CEO of Ballet Crypto
Click the link below to listen to the full podcast: Around The Block With Jefferson Podcast Transcript: Jefferson: Live from BTC Manager World Headquarters. This is, ”Around The Block” with Jefferson....
Ethereum Whale Swallows up Over 600 Billion SHIB ($12.1M) Amid Sell-off
Ethereum whales have continued loading up large amounts of the memecoin, Shiba Inu, with one whale splurging over $12 million in a recent SHIB purchase. According to data from the crypto whale tracker...
South Korea’s Central Bank Completes Phase One of CBDC Pilot
The Bank of Korea (BOK) has announced the successful completion of the first phase of its two-phase central bank digital currency (CBDC) pilot. The BOK has hinted that the second phase of the digital ...
OpenSea Reportedly Suffers Front-end Attack; Hacker Gains $800k
The world’s largest marketplace for trading non-fungible tokens (NFTs), OpenSea has reportedly suffered a front-end attack resulting in the loss of 332 ETH ($800k). The attack was first noted by block...
NFT User Exploits Loophole to make 347 ETH on OpenSea
An OpenSea user has exploited a bug on the non-fungible token (NFT) marketplace to snag several items worth hundreds of Ether (ETH) from owners of well-known collections like Bored Ape Yacht Club (BAY...
Myanmar’s Military Junta Imposes Crypto Ban; Penalty of Up to One Year Imprisonment
The military junta in Myanmar has recently drafted a bill that seeks to ban the use of digital currencies and virtual private networks (VPNs) in the Southeast Asian country. The bill, which has alread...
TimechainSwap Unveils Yield Farming and Liquidity Pools on Its DEX
TimechainSwap, a decentralized exchange (DEX) aggregator across the leading smart contract platforms such as Binance Smart Chain, Ethereum, and Fantom today announced the launch of yield farming and l...
British Soldier Faces Charges for Stealing Bitcoins and Assaulting Owners
A male British soldier has recently been charged in court on counts of kidnapping and robbery for allegedly stealing a couple’s bitcoins worth thousands of dollars. The 36-year-old soldier identified ...
Bitcoin, Ether, Major Altcoins – Weekly Market Update January 24, 2022
The total crypto market cap erased $508 billion from its value for the last seven days and now stands at $1,53 billion. The top 10 coins were all in red for the same time period with Solana (SOL) and ...
El Salvador Bought the Bitcoin Dip ; Adds 410 BTC Worth $15M
Central American nation El Salvador has added another 410 BTC to its Bitcoin stash as BTC price slips below $37,000. El Salvador’s president, Nayib Bukele, tweeted on Friday that the country has acqui...