Sun, October 4

Top 10 Cryptocurrency by Trading Volume, Tether Beats Bitcoin?

Tether (USDT) has a trading volume of 34 billion, which increased by 70.62%. Ripple price increased by more than 30% in the last 7 days. After facing a long bear trend, the month of September started with greens on the crypto market. As it, the price and trending volume of

September 25, 2022 2 mins read

CBK Believes Converting Kenya’s Reserves to Bitcoin Is Craziness

Studies have indicated that Kenyans are increasingly using or investing in cryptocurrency.  In a recent YouTube video, Njoroge questions the benefits of cryptocurrencies for the Kenyan economy. The governor of the Central Bank of Kenya (CBK), Patrick Njoroge, has called the notion of investing the nation’s reserves in bitcoin craziness.

September 25, 2022 1 min read

Russia’s MOEX Proposes Receipts For Digital Financial Assets

DFA receipts may be exchanged as securities as per the proposal. Those who aren’t ready to engage with distributed ledgers can benefit from this. In order to allow depositories to issue receipts for digital financial assets (DFAs). Russia’s primary equity and derivatives market has proposed new laws. Under the lack

September 25, 2022 2 mins read

Miner Chandler Guo Predicts ETHW To Surge 100x

Guo stated that the forked token present pricing is “very cheap.” The miner said that the new token has the potential to rise by 100x. Self-appointed Ethereum hard fork organizer Chandler Guo predicts that in 10 years, the value of Ether (ETH) and the freshly airdropped, proof-of-work ETHW will be

September 25, 2022 2 mins read

Kraken’s New CEO Clears Stand on Registering With SEC

Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping

September 25, 2022 2 mins read

Binance Announces Opening of Local Office in Romania

Changpeng Zhao (CZ), CEO of Binance, the largest cryptocurrency exchange in the world, announced the opening of a local office in Bucharest, Romania, while on a tour of Eastern European countries. In addition, beginning in the month of October, the trading platform’s customer assistance will be available in Romanian. The

September 25, 2022 2 mins read

China Accounts For 84% of All Blockchain Patent Applications

President Xi Jinping has helped spread the word about blockchain technology. A timeline for when these patent applications were submitted was not included in the data. The most recent statistics released by a Chinese government official show that 84% of all blockchain patent applications are submitted by China. However, China

September 25, 2022 1 min read

Post-Merge Threatens Ethereum (ETH) Price?

After Merge, Ethereum reached the $1,200 price range. ETH decreased by over 7% in the last 7 days and 25% in the previous month. Ethereum (ETH), which was anticipated to regain $2,000 levels following its Merge upgrade, was drifting to the $1,327 level. Additionally, ETH reached the $1,200 price range

September 25, 2022 2 mins read

Tether Announces Launch of USDT on Polkadot Network

Eleven different blockchains currently support Tether, USDT. A New York court ordered Tether Operations Limited to submit financial records. Tether, in a statement released on Friday, announced the release of its native token USDT on the Polkadot Network. Polkadot is an open-source blockchain platform that is decentralized. Moreover, it’s a

September 24, 2022 1 min read

Iran Commences CBDC Pilot Dubbed ‘Crypto Rial’

The digital money issued by the Central Bank of Iran is termed “crypto rial”. Officials have also begun issuing crypto mining licenses. On Wednesday, the CBI of Iran declared that on Thursday, “the pilot launch of crypto rial” will commence, as reported by the Iranian Chamber of Commerce, Industries, Mines,

September 24, 2022 2 mins read