Mon, November 25

SEC Chair Gensler Says “Crypto Products Must Subject to Securities Regime”

Gary Gensler, Chairman of Securities and Exchange Commission (SEC) says that all crypto-related assets should comply with SEC Securities law. He believes that most of the tokens and initial coin offerings (ICOs) violate US security laws. In the Aspen Security Forum on August 3, Gensler discussed the crypto’s intersection with

August 4, 2021 2 mins read

New Policy Set-up in Google Allows Crypto Entities to Advertise

Google does not require any introduction because no one in this digital world would survive without google. This platform is the one-stop solution for any queries. Now, Google has set-up a new policy that allows crypto ads to run again. Google updates its financial products and services policy on Aug

August 4, 2021 2 mins read

Former Maintainer of Monero Was Hand-Cuffed on Fraud Allegation

Riccardo Spagni was a former lead maintainer for Monero’s privacy coin project and co-founder of the emoji username Yat. He was handcuffed by US officials and faces prosecution in South Africa for fraud allegations. The case was filed last month, stating that Spagni has been involved in invoice fraudulent activity

August 3, 2021 2 mins read

Nigeria Continuously Acquiring Crypto Despite Govt Crackdown

Nigeria continuously acquiring crypto despite govt crackdown After a big public protest, Nigeria faced serious pressure. At present Nigeria exploring the development of CBDC. African country Nigeria, continuously acquiring cryptocurrency, even though government crackdown with peer-to-peer (P2P) trade volume for Bitcoin (BTC) posting its second strongest week on record last

August 2, 2021 2 mins read

Central Bank of Brazil Proposed Significant Migration to Digital Payments

BCB proposed significant Migration to Digital Payments The move to virtual payments will involve the use of CBDC.  Brazil could be ready for a digital currency next year. Brazilian Central bank (BCB) director, Joao Manoel Pinho de Mello, mentioned that a significant migration from fiat currency to digital means of

July 31, 2021 2 mins read

Shopify Allows Merchants To Sell NFT Directly to Customers

Shopify allows merchants to sell NFT directly to customers The official NFT drop from Chicago Bulls. The Bulls Legacy Collection will be launched more than six drops. On Monday, President of Shopify, Harley Finkelstein announced, Shopify is now enabling merchants on its platform to sell non-fungible tokens (NFT) directly to

July 28, 2021 2 mins read

NFTs and on-Demand Satellites Collaborated To Save Africa’s Wildlife

Exodus Orbital partnering with Lady Rocket Foundation. Exodus Orbita Partnering with Copernic Space. Collaboration is to protect African wildlife. Exodus Orbitals Inc., a satellite virtualization solution company has announced its partnership with the Lady Rocket Foundation to put in satellite technology and non-fungible token (NFT) to protect African wildlife against

July 26, 2021 2 mins read

Nearly 1.65 Million Coins Are Gathered in the Last Six Days by ETH Whales

Over the last six days, ETH whales aggregated almost 1.65 million coins. Ethereum (ETH), the world’s second most significant cryptocurrency, reached almost $2,100 today. After the general market cap of digital currency hopped by roughly $50 billion in 24 hours. Because of the most recent price flood, Ethereum’s on-chain action

July 25, 2021 2 mins read

Central Bank Says CBDC Probably Necessary for Competition in Canada

A central bank cryptocurrency is most likely required for a competitive digital economy, the Bank of Canada said in a staff paper released on Tuesday. A CBDC would give purchasers a non-bank choice to store their money hazard-free. Thus, expanding the contest on the lookout for retail stores, contend the

July 21, 2021 2 mins read

SEC Shutters Mother-Son Duo for Crypto Scam

SEC shutters the Mother-Son duo for Crypto scam. Promised to generate most of the earnings from Bitcoin mining.  Brent Kovar received nearly $353,000 of investors’ funds. Securities and Exchange Commission (SEC) has shuttered a scam that promised to generate most of the earnings from Bitcoin (BTC) mining and invest in

July 20, 2021 2 mins read