Following the recent Terra LUNA drama, Commonwealth Bank of Australia (CBA) has suspended plans to launch an in-app cryptocurrency trading service, according to reports from The Guardian. Recall that...
Tag: crypto exchange
How to Get a Bitcoin Address (In Less Than 1 Minute)
The very first step to get a Bitcoin address is to create a Bitcoin wallet. A Bitcoin wallet is a software that holds the Bitcoin address. It is also used to send and receive bitcoins (BTC). In many c...
How to Buy Bitcoin with Gift Card on Prestmit
Bitcoin is undoubtedly the number one cryptocurrency many want to hold. Despite its price volatility, it has been a choice for crypto traders/investors. Bitcoin is available on almost every crypto exc...
Anchor Protocol-Linked Stablegains Allegedly Loses $42M to UST Collapse
Stablegains, a U.S.-based startup aimed at generating yield for investors via decentralized finance (DeFi) lending, has reportedly lost $42 million worth of funds belonging to investors as a result of...
Blockchain Gaming Startup N3TWORK Secures $46 Million from Griffin and Others
Blockchain gaming studio N3TWORK Studios has raised $46 million in a Series A funding round led by Griffin Gaming Partners. N3TWORK Bags $46 Million From Investors The investment round also saw partic...
Bitcoin Still the “Only Candidate” for Native Internet Currency
Jack Dorsey, CEO and co-founder of Block (formerly known as Square), has reiterated Bitcoin’s potential as a native internet currency, CNBC reported Wednesday. Native Currency of the Internet Speakin...
Cardano Publishes New Research Paper on Key Blockchain Governance Properties
Cardano, a leading blockchain project, has published a new research paper on decentralized blockchain governance properties. Cardano Publishes Paper on Blockchain Governance The study was conducted by...
Six (6) Important Tips to Start Investing in Cryptocurrency
The craze around cryptocurrency has increased over the years. Due to how fast it has changed the financial status of some people, it has developed quite the appeal to it. Undeniably, investing in cry...
ASIC Declines Proposal to Ban Celebrities From Endorsing Crypto Products in India
After receiving a proposal from the Securities and Exchange Board of India (SEBI) to ban prominent figures from promoting crypto products, the Advertising Standards Council of India (ASIC) said that i...
Coinbase ($COIN) Resorts to Slow Hiring After $430M First Quarter Loss
America’s largest crypto exchange Coinbase has disclosed its plans to slow down hiring as the company faces headwinds following its poor earnings in the last quarter. Coinbase Slows Down Hiring Coinb...
Web3 Already Winning with $174k Payout per Creator vs $0.10 in Web2
Popular venture capital firm, Andreessen Horowitz (a16z), has recently pointed out the huge gap between Web2 and Web3 creators’ payout. In the company’s inaugural “State of Crypto” report published Tu...
Five (5) Things to Know if You’re a Bitcoin Newcomer
Invented during the fallout of the Great Recession of the late aughts, Bitcoin has burst out of its obscure computer science origins. Predictions of its demise have, to date, not been vindicated. Whil...
Crypto Thief Steals $42k After Threatening to Chop off Victim’s Fingers
Authorities in the United Kingdom have sentenced a 24-year-old man to five years in prison for stealing cryptocurrencies worth £34K (about $41,900) after threatening to chop off the victim’s fingers i...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
Australian Tax Office Says It Will Prioritize Crypto Investors This Year
The Australian Taxation Office (ATO) announced today that it will prioritize crypto capital gains alongside three other key areas of focus this year to ensure appropriate tax reporting in the country....
Bitcoin-Friendly El Salvador to Host Central Banks Meeting on Digital Economy
El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
Crypto Needs a Global Regulatory Body, Top Official Says
Ashley Alder, chair of the board of directors of the International Organization of Securities Commissions (IOSCO), an association of firms regulating the global securities and futures market, said the...
Do Kwon Apologizes for Hurting Terra’s Users and Investors
Do Kwon, the brains behind the Terra blockchain project, has apologized to members of the Terra ecosystem and the crypto community for the recent depegging event. Last week, UST, Terra’s algorithmic s...
How to Buy Altcoins With a Credit Card in Five (5) Easy Steps
There are frequent opportunities in the cryptocurrency market that require a quick response. However, depositing funds into an exchange via bank transfer or e-wallets can take up to several hours or e...
SEC Nigeria Issues New Crypto Rules to Protect Investors and Boost Adoption
Nigeria’s Securities Exchange Commission (SEC) has released new rules on the issuance and use of digital assets, including cryptocurrencies, in the country. SEC Nigeria Issues Crypto Rules Recall that...
Coinbase Shares Hit All-Time Low Following Controversial Disclosure Filing
Leading U.S.-based cryptocurrency exchange Coinbase had an unusually tough week after releasing a disappointing first quarter earnings report, which included a controversial disclosure filing with the...
American Millionaire Investor Mark Mobius Says Bitcoin is Going to $10k
May has not been a good month for crypto investors. Bitcoin is down 24% since the start of the month and 57% from its all-time high (ATH) of $69,000. Analysts believe the recent crash was heavily infl...
KuCoin Hits $10B Valuation After Rasing $150 Million From Industry Investors
Popular cryptocurrency exchange KuCoin has reached a $10 billion valuation after the company raised $150 million in a just-concluded Series B round. KuCoin Raises $150 Million The funding round saw pa...
Satoshi-Era Bitcoin Wallet Holding Over $30 Million Reactivates After 8.5 Years
A dormant Satoshi-era BTC wallet with a balance of $30,395,186 has just been reactivated after 8.5 years of dormancy, blockchain transaction tracking platform Whale Alert revealed on Twitter. Satoshi-...
Germany’s Finance Minister Says No Income Tax on Bitcoin and Ether Held for a Year
Germany’s Federal Ministry of Finance (BMF), alongside the country’s highest tax authorities, recently published a letter on how income from cryptocurrencies and other digital assets would be taxed in...
Do Kwon’s Spouse Gets Strange Visitor, Requests Police Protection
The quick decline of Terraform Labs-backed project Terra (LUNA) has been the talk of the week with millions of investors around the world impacted. Local reports allege that affected investors are now...
Binance CZ Slams TerraForm Labs Poor “Handling” of UST/LUNA Crash
Changpeng Zhao (CZ), CEO of leading crypto exchange Binance has expressed disappointment at how the Terra (LUNA) project team has so far handled the price crash of its stablecoin, UST and its native t...
Chainalysis Now Valued At $8.6B Following Fresh Funding
Blockchain analytics company, Chainalysis, announced Thursday it has raised $170 million in a Series F funding round at an $8.6 billion valuation. This means that the firm has more than doubled its va...
Terra Blockchain Temporarily Halted to Protect The Protocol From Attacks
Following the recent headwinds surrounding the Terra ecosystem and its native cryptocurrencies, the blockchain was temporarily halted to protect the ecosystem against malicious attacks. Terra Blockch...