Sun, October 4

UK Regulator Warns Consumers About Crypto Exchange FTX

The UK’s Financial Conduct Authority issued a consumer warning on FTX. The FCA previously issued a similar warning on Binance. The UK’s Financial Conduct Authority (FCA)  issued a consumer warning regarding Sam Bankman-crypto Fried’s exchange FTX, stating that it is not allowed by the regulator to offer financial services or

September 19, 2022 1 min read

Samsung, Most Active Investor in Blockchain and Crypto Sector

Blockdata, a research organization, analyzed the investments made by major firms in blockchain and cryptocurrency startups between September 2021 and mid-June 2022, and found that South Korean electronics giant Samsung was the most active, having invested in 13 companies during that time period. The second most active investor is United

September 19, 2022 1 min read

Russian Prime Minister Keen on Planned Crypto Adoption

The Russian government has entrusted the Central Bank and the Ministry of Finance. Vladimir Putin emphasized Russia’s potential as a currency minting destination. To help shape the future of the digital financial asset (DFA) market in the Russian Federation, Prime Minister Mikhail Mishustin has instructed the Ministry of Finance to

September 19, 2022 2 mins read

Dubai’s 5-Star Hotel Palazzo Versace Now Accepts Crypto

Palazzo Versace Dubai, a five-star hotel in Dubai, now accepts cryptocurrency payments for rooms, meals, and spa services. Payments made by Bitcoin, Ethereum, or Binance Coin (BNB) from guests will be handled via the Binance platform. Moreover, the 146-room, ultra-luxury resort in Jaddaf Waterfront announced in a press release that

September 19, 2022 2 mins read

Top 5 Gainer of the Day: HNT, ALGO, TUSD, USDP, USDC

The largest cryptocurrency, Bitcoin, is trading at $18,000 in last 24 hours. Even though USDC is down 0.01% it is the 5th gainer from last 24 hours. All of the top coins have been experiencing a bearish market during the last 24 hours. Even the largest cryptocurrency, Bitcoin, is trading

September 19, 2022 4 mins read

Ethereum Energy Consumption Plummets 99.99% Post-Merge

The network often came under fire for the negative impact it had on the planet. Energy usage decreased since the merging transition to proof-of-stake was successful. On Thursday, September 15, 2022, the Ethereum Network completed the switch from proof-of-work to proof-of-stake mining. The change ushers in a new age for

September 19, 2022 1 min read

DOGE Reserves Its Spot as the Second PoW Crypto

Dogecoin became the second-largest cryptocurrency that uses the PoW consensus.  DOGE has overtaken DOT and reclaimed the tenth position in the ranking.  Dogecoin traded at $0.057177 with a trading volume of $316,233,477. In terms of market value, Dogecoin (DOGE) surpassed and overtaken Polkadot (DOT). According to data from CoinMarketCap, DOGE

September 19, 2022 2 mins read

Uplift DAO and InsurAce.io Collaborate to Protect IDO Launches

As a community, the team excitedly shared some encouraging news. It joined forces with one of DeFi’s most promising IDO accelerators. The market is ripe for disruption, and it may be found in a launchpad platform and crowdfunding community that brings together the vision of long-term support and the muscle

September 19, 2022 3 mins read

Vietnam Once Again on Top in Adoption of Digital Assets

Vietnam was given a perfect score of 100 after applying ranking methodology. 21 percent of Vietnamese consumers have used or owned digital assets at some time. Adoption of digital assets has slowed in the previous 12 months owing to the crypto winter, according to Chainalysis‘ new research, “The 2022 Global

September 18, 2022 1 min read