Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic develo...
Tag: news
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round – Fintech Bitcoin News
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer...
Kenyan Central Bank Raises Key Rate by 75 Basis Points – Emerging Markets Bitcoin News
The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies – Regulation Bitcoin News
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the cas...
A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge – Featured Bitcoin News
With the new Ethereumpow (ETHW) network launch, ethereum holders are eligible to receive a single ETHW for every ether they own. The following is a simple guide that shows ethereum holders how to acce...
India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens – Regulation Bitcoin News
India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nu...
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency – Regulation Bitcoin News
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency i...
SEC Charges 2 Firms and 4 Individuals in Crypto Pump-and-Dump Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has taken action against two firms and four individuals allegedly perpetrating a crypto pump-and-dump scheme. “Although this case involves crypto asse...
Cardano (ADA) News: Cardano Developer Announced Funds for Blockchain Development
On 22nd September, the much awaited upgrade on Cardano (ADA) network—Vasil hard fork—took place on the blockchain network. The move to upgrade the network is commendable from Cardano. This is due to o...
Saturday, October 1. Russia’s War On Ukraine: News And Information
KUPIANSK, UKRAINE – OCTOBER 1: Kupiansk refugees flee over a destroyed bridge on October 1, 2022 in … [+] Kupiansk, Ukraine. The city has been successfully captured by Ukrainian Armed Forc...
Cardano (ADA) News: The Vasil Hard Fork Brought Unprecedented Changes
Popular Ethereum killer, Cardano network recently witnessed its latest upgrade—Vasil hard fork. The smart contract network anticipated the upgrade to bring crucial enhancements over Cardano’s blockcha...
Web3 and Crypto Checking Account Startup Juno Raises $18M, Airdrops Reward Token JCOIN – Finance Bitcoin News
Juno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The fresh capital ...
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies – Mining Bitcoin News
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry an...
Solana Restores Network Outage After Successful Cluster Restart, But SOL Price Still Struggling
Solana, a decentralized blockchain built to enable scalable, user-friendly apps, announced on Saturday that its network is back online following an outage on Friday night caused by a misconfigured nod...
Germany’s Deutsche Telekom Rolls Out Ethereum Validator Node, Staking Support
Telecom giant Deutsche Telekom, the parent company of T-Mobile, announced on Thursday the launch of its Ethereum staking services. The German company stated that its T-Systems Multimedia Solutions (MM...
Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto a...
Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners – Mining Bitcoin News
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity d...
Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’ – Bitcoin News
The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad ...
Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January – Defi Bitcoin News
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in va...
Morning SOL holders, there’s some bad news for you, but…
Solana [SOL] is back in the news again. But alas, this time for an unpleasant reason. On 1 October, at 6:15 IST, Solana Status, a Twitter handle that is reportedly run by the Solana Foundation, posted...
QNT Nears 6-Month High, DOGE Extends Recent Gains – Market Updates Bitcoin News
Quant moved close to a six-month high on Saturday, as the token remained in the green for a second consecutive session. The rally comes as prices are now up by over 25% in the last seven days. Dogecoi...
BTC Begins the Weekend in Bearish Territory – Market Updates Bitcoin News
After a move above $20,000 on Friday, bitcoin was back in the red on Saturday, as prices fell close to a key support point. As a result of this move the token has been largely unchanged in the last we...
Amber Group Successfully Replicates Wintermute’s $160M Hack
Many may consider hackers to be geniuses, however, their talent can always be reciprocated and Amber Group has just proven that. The crypto firm announced on Twitter that it was able to replicate the ...
US CFTC Charges Crypto Futures Exchange Digitex for Registration and Trading Violations
The US Commodity Futures Trading Commission (CTFC) has charged crypto futures exchange Digitex and its founder and CEO Adam Todd for multiple violations associated with the Commodity Exchange Act (CEA...
Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation – Defi Bitcoin News
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The...
SoftBank Vision Fund to Cut 30% of Global Workforce
According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of abo...
DeFiance Capital Seeking $100M in Funding to Invest in Liquid Tokens
Crypto Venture Capital firm, DeFiance Capital is in the process of raising as much as $100 million as it looks to invest in “Liquid Tokens.” According to three sources familiar with the matter who spo...
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils – Bitcoin News
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come a...