Wed, October 7

FCA of UK Clamps Down on Crypto ATMs Over Non-registration

Recently, the Financial Conduct Authority (FCA) in the United Kingdom has been clamping down on cryptocurrency ATMs. That are not properly registered. The authority claims to have recently visited and investigated a number of locations near Leeds. It is a city in Northern England that was suspected of housing illegally

February 14, 2023 2 mins read

Binance Praises ChatGPT Over Assisting Crypto Adoption and Education

Binance has published a blog post endorsing ChatGPT and highlighting the platform’s potential for advancing crypto adoption and education. The chatbot created by OpenAI has gone viral, becoming one of the most popular consumer apps ever. In a recent post, the crypto trading platform gushed over the revolutionary possibilities of

February 14, 2023 2 mins read

U.S Inflation Falls to 6.4% in January as per Recent Release

Near the conclusion of last year, inflation in the United States began to moderate. As the CPI data has been refined over the previous several months, this tendency has been confirmed once again. The 7.1% inflation rate recorded in November was below market forecasts. This trend continued in December when

February 14, 2023 2 mins read

Bakkt Announces Discontinuation of Consumer App as of March 16

Bakkt, a platform for managing digital assets, has now stated it would discontinue its consumer app in favor of interacting directly with companies to provide them “with crypto and loyalty experiences for their customers through SaaS and API solutions.” On March 16th, there will be a final shutdown of the

February 14, 2023 1 min read

Bitpanda-backed Pantos Releases Public Beta of Its Multichain Token System

Pantos, a multichain token system created by the Bitpanda team, today announced the public beta launch of its multichain protocol. The public beta will soon allow users and developers to effortlessly generate and deploy multichain tokens with just a few clicks, wrap native coins of supported chains, and transfer tokens.

February 14, 2023 3 mins read

SEC Scrutiny Against Paxos Led Massive Binance Withdrawals

Since the announcement of the US Securities and Exchange Commission (SEC) action against Paxos and its stablecoin Binance USD, the largest cryptocurrency exchange Binance has experienced a spike in withdrawals from its users.  The stablecoin BUSD also known as Binance USD, was introduced in 2019 by Binance and Paxos. Then

February 14, 2023 2 mins read

Iris Energy Plans Boosting Internal Mining Capacity to 5.5 EH/s

Following a severe cash flow shortfall in the month of November, Iris Energy said on Monday that their hash rate had returned to levels seen before the FTX incident. The Bitcoin mining company plans to boost its internal mining capacity from 2.0 EH/s to 5.5 EH/s during the next several

February 14, 2023 2 mins read

Shiba Inu’s Shibarium Has Not Set Launch Date

While the ‘SHIB Army’ eagerly awaits the Layer-2 blockchain “Shibarium” upgrade, its lead developer Shytoshi Kusama once again updated his Twitter bio as “Smiling for our future. Solemn for those we lost”, with #condolences and tagged Shiba Swap developer. It may be an alert for the Shib community. The Shibarium

February 14, 2023 2 mins read

Baby Doge Burn Portal is Live: 11 Trillion BABYDOGE Burnt So Far

Baby Doge Burn Portal went live on the estimated date, February 13, at 1 PM EST. The team launched the portal exactly 10 days after its Twitter announcement. Over 11.8 trillion Baby Doge Coin (BABYDOGE), worth $47,848 at press time, were burnt on the burn portal. The Burn Portal is

February 14, 2023 2 mins read