Mon, June 29

Grayscale CEO Says the SEC Has Hindered Bitcoin Advancement

Bitcoin (BTC), the dominant cryptocurrency in the market, has witnessed a deceleration in its further expansion due to the Securities and Exchange Commission (SEC). According to Michael Sonnenshein, the CEO of one of the top investment management firms, Grayscale Investments, the SEC’s crypto regulatory laws have resulted in the slowdown

January 24, 2023 1 min read

Pilot Program of Euro-backed Stablecoin Approved by Bank of Spain

Stablecoins and CBDC trials are becoming more popular in Europe. Spanish central bank Banco de Espaa approved a pilot programme on January 19. That would issue digital tokens tied to the euro. MONEI, a regulated fintech payments business, is leading the charge on this initiative. Furthermore, that will provide customers

January 24, 2023 1 min read

Coinbase Partners with German Soccer Club Borussia Dortmund

Coinbase faces the limelight after a few dark times in the ecosystem, the exchange has partnered with Borussia Dortmund (BVB). The premium partnership for German Soccer Club which extends until June 2023 alleviates the community from recent downfalls.   The American Crypto exchange strengthens its network with a triumphant soccer team

January 23, 2023 2 mins read

Fiat Banking Partner of Binance Places Minimum Transaction Cap

The largest cryptocurrency exchange in the world, Binance, stated over the weekend that its fiat partner Signature Bank will no longer be processing transactions for amounts less than $100,000. The bank’s move comes as it seeks to reduce its exposure to the cryptocurrency sector. The recent market instability after the

January 23, 2023 2 mins read

Stellar Development Foundation Joins New CFTC Advisory Committee

Stellar Development Foundation, a non-profit, has stated that it would be participating in a new advisory group established by the United States Commodity Futures Trading Commission (CFTC). As stated in the company’s release, SDF will be representing the cryptocurrency industry. As one of four representatives at the CFTC’s Global Markets

January 23, 2023 2 mins read

Crypto Market’s Bullish Rally – Aptos & OP Hitting Their New ATH

Despite the untested bullish rally, some cryptocurrencies have surprisingly recorded and set their new all-time highs (ATH) at the start of 2023. Significantly, Aptos (APT) and Optimism (OP) are the cryptos that have contributed their new records to the market’s positive sentiment. According to Coingecko, on January 22, APT set

January 23, 2023 2 mins read

Vitalik Buterin: Stealth Addresses Can Aid Ethereum’s Privacy Issues

Vitalik Buterin, the co-founder of Ethereum, reveals that the open-source blockchain platform is experiencing a major challenge. In a recent blog post, Buterin claimed that Ethereum’s current most significant problem is a privacy issue. He also pointed out the requirement for a solution to address the privacy issue.  The blog

January 23, 2023 2 mins read

Binance Charity Division Announces Offering 30k Web3 Scholarships

In 2023, Binance Charity, the company’s charity arm, plans to provide 30k scholarships. To deserving students who are interested in pursuing careers in the Web3 industry. In a blog post dated January 20th. Binance Charity revealed that the Binance Charity Scholar Program (BCSP) will provide free Web3 education. And training

January 22, 2023 1 min read

Ukrainian Authorities Block Russian Crypto Exchanges as per Reports

Ukraine’s financial intelligence agency, the State Financial Monitoring Service (SFMS), has released a special report detailing the outcomes of its work in 2022. The agency said that it has helped with the country’s military effort during the continuing battle with Russia, in addition to its peacetime responsibilities like countering money

January 22, 2023 1 min read

Robinhood To Add Dogecoin Support Soon For Recently Launched Wallet

With the announcement of the Robinhood Wallet’s release yesterday, Robinhood has officially entered the cryptocurrency wallet market. This is mobile software that allows users to trade and transfer digital assets such as cryptocurrencies and NFTs. The wallet’s other capabilities include the ability to make cryptocurrency exchanges without incurring any network

January 21, 2023 1 min read