Sat, October 3

Vechain’s Finality Gadget is LIVE on Private Testnet

VeChain introduces its PoA 2.0 update, which eliminates the weakness. It is the finality gadget, named Finality with One Bit (FOB). The consensus is proposed with two solutions namely VIP-193 and VIP-220. VeChain is a popular blockchain platform that is structured to enhance supply chain management and business processes. The

June 20, 2022 2 mins read

Synthetix (SNX) Price Surges 65% in Last 24 Hours Despite Catastrophe

The token’s 24-hour trading volume has grown by more than 1,200 percent. This fast increase in SNX is backed by the rising daily network traffic due to its new role. The price of SNX, the native token of Synthetix decentralized finance (DeFi) platform, has rebounded more than 100 percent to

June 20, 2022 2 mins read

Dubai’s Virtual Assets Regulator Grants Provisional License to CoinMENA

CoinMENA has already received two digital asset licenses. License would allow CoinMENA to make its services available to institutional investors. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted a provisional virtual asset license to CoinMENA, a Bahrain-based digital asset exchange. The interim authorization enables CoinMENA to continue operating in Dubai

June 20, 2022 2 mins read

Kevin O’Leary Says That He Is Not Selling Any Cryptocurrencies

The Canadian businessman and investor Kevin O’Leary expressed his viewpoints about selling cryptocurrencies. In a recent interview, he declared that he is not going to sell bitcoin or any other cryptocurrencies even in the stage of the crypto market fall.  In the interview published on Saturday, the Shark Tank star

June 20, 2022 2 mins read

Grid Trading Bot on Bybit Exchange

The system follows  the trading concept of buying at a low price and selling at a higher price. Bybit gives advanced AI parameters for each trading pair offered on the bot. Today the Grid Trading Bot has been launched by Bybit one of the world’s fastest-growing cryptocurrency exchanges. Today onwards

June 20, 2022 2 mins read

Bybit Planning To Reduce Workforce

20% to 30% of the staffing is estimated to be cut off from the ByBit exchange platform. Resources may be assigned with additional tasks and functioning. The ByBit exchange platform is joining the list of companies that are reducing their staff numbers because of the market crash. A letter seems

June 20, 2022 1 min read

Crypto Market Intelligence Portal Initiative Launch Announced by BIS

Eurosystem Centre will examine various cryptographic options and evaluate them. The BIS Innovation Hub’s Hong Kong Centre will engage with the UNFCCC. BIS is launching a cryptocurrency market intelligence portal as part of the Eurosystem Centre initiative. Traditional and crypto payments are being targeted by a new set of BIS

June 20, 2022 2 mins read

El Salvador President Shares Advice to Bitcoin Investors Amid Downturn

Salvador’s finance minister, said the “fiscal risk is extremely minimal.”  Jim Cramer, the presenter of Mad Money, thinks Bitcoin will fall below $12,000. There are some words of wisdom for bitcoin investors from El Salvador’s president, though. In his opinion, bitcoin investments are secure and will “immensely grow” after the

June 20, 2022 2 mins read

Iran Decides To Cut Power Supply For Crypto Mining Activities

Iranian authorities issued permits to 1,000 crypto miners in January this year. It was estimated that illicit miners used roughly 600 megawatts of electricity. The Iranian Ministry has decided Energy curtail the energy supplied to the country’s officially recognized crypto mining operations. According to Tehran Times, this decision will come

June 20, 2022 1 min read