Thu, May 21

India Calls For Unified International Crypto Policy at G20 Conference

Key financial stability and regulatory concerns were covered during the inaugural G20. During Finance Ministers and Central Bank Governors (FMCBG) conference under India’s chairmanship. In a recent report, India asked other countries to consider the long-term effects of crypto assets on the global economy. And called for the development of

February 25, 2023 2 mins read

BlueWallet Closing Lightning Network Node on Bitcoin Network

According to a formal announcement, BlueWallet is closing its lightning node connection to Lndhub. In order to continue utilizing BlueWallet’s lighting services on the Bitcoin Lightning Network, customers will need to connect to nodes when the company ends its custodial lightning operations. The Lightning Network is a Bitcoin-based second-layer payment

February 25, 2023 1 min read

Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year

The revenue for Jack Dorsey’s payment processing firm, Block, exceeded Wall Street’s forecasts, but the bottom line fell short. Block reported income of $1.83 billion in Bitcoin from its Cash App business unit in the prior quarter, down 7% year over year as compared to the same period in 2021.

February 24, 2023 1 min read

Dapper Labs Announces Second Wave of Layoff by Letting Go 20% Staff

In an effort to reorganize the company, Dapper Labs will be letting off 20% of its full-time employees, as stated in a letter addressed to employees on Thursday by founder and CEO Roham Gharegozlou. Gharegozlou stated that the company was reorganizing to increase its focus and efficiency. Moreover, it also

February 24, 2023 1 min read

Top 5 Cryptocurrencies to Invest in 2023

The world of cryptocurrency is still evolving rapidly. The year 2023 looks to be an interesting one for the crypto industry. The crypto market is beginning to revive in 2023 after a disastrous last year. Here are the top 5 cryptocurrencies to invest in 2023 in the volatile crypto market.

February 24, 2023 2 mins read

First Post Introducing Bitcoin by Satoshi Nakamoto Completes 13 Years

In the P2P Foundation forums on three separate occasions in February 2009, Satoshi Nakamoto presented the Bitcoin white paper and open source codebase to the community. Bitcoin’s first public announcement was made by its inventor, Satoshi Nakamoto, on the P2P Foundation forum on February 11, 2009. Before these occurrences in

February 24, 2023 1 min read

U.S DOJ Confirms Founders of Forsage Indicted of Over $340M

U.S. Department of Justice (DOJ) confirms in a statement that four Forsage founders have been indicted on charges totaling more than $340 million. The authorities claim that Forsage operated using a Ponzi scheme–like system based on smart contracts. Indictments are handed out by grand juries. If prosecutors are able to

February 23, 2023 1 min read

Bank of International Settlements Head Backs CBDC Over Crypto

According to Agustin Carstens, the head of the Bank of International Settlements, there is no longer a compelling case for the adoption of digital currency as a replacement for fiat currency. Technology, Carstens claimed in an interview with Bloomberg TV, could not be relied upon as a reliable means of

February 22, 2023 1 min read

Is Crypto Market Experiencing the Next Bull Run?

After facing the two major collapses in the year 2022, many thought the crypto industry might not see the daylight ever again. But this present year 2023, gave a great start for the assets in blockchain technology. The cryptocurrency idols, Bitcoin (BTC) and Ethereum (ETH) are sailing in the better

February 21, 2023 2 mins read

Russia’s Yandex Search Engine Adds Crypto Into Its Currency Converter

Yandex, the most popular search engine in Russia, now offers its users data on more than 140 of the most widely used cryptocurrencies in addition to information on the currencies of dozens of other nations. The newest update to the business’s currency converter now includes cryptocurrency rates, the company said.

February 20, 2023 2 mins read