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Search Results for: ADA

Mexico Bans Crypto in the Financial System

Mexican official recapitulates a ban on the use of cryptocurrencies. Herrara stated that cryptocurrencies are not legal tender belongings. Three entities  iterated the warning they issued in 2014, 2017 and 2019. On Monday a topmost Mexican official recapitulates a ban on the use of cryptocurrencies in the country’s financial system.

June 30, 2021 2 mins read

High Chances of Bitcoin Hitting $100K This Year

Bitcoin has gone through some bad days, in fact, few bad months since hitting another untouched high this year. The asset, as of late, broke the $30K resistance level the previous week and tumbled down to $28K. Before immediately recuperating back up more than $30K and moving upwards towards $34K.

June 29, 2021 2 mins read

We Chose to Create a Robust Platform, Says Cardano CTO

Romain Pellerin, shares his views about the new smart contract integration era. The Goguen era has started to support native tokens and NFTs.  Cardano chose to develop a robust platform. In a recent interview with Romain Pellerin, CTO at IOHK, shares his views about the company’s new smart contract integration

June 29, 2021 4 mins read

Crypto Exchange Binance Stops Services for Ontario

Crypto Exchange Binance Stops services for users in Ontario. The crypto exchange Binance did not return a request. Ontario took steps against two companies associated with Kucoin.  On Saturday, Binance, the top most crypto exchange has announced a short statement that it will stop providing services to users located in

June 28, 2021 2 mins read

Bitcoin (BTC) Trades Again Above $34K After Deep Fall

Bitcoin price again trades above $34 k after deep fall A strong flow of cash into a market in 24 hours. Creator of Dogecoin invested in Cryptocurrency for the first time. On Wednesday, Bitcoin price recovered slightly. The crypto belongings currently moved above $34,000 assembling over 10%. After the deep

June 24, 2021 2 mins read

Rapper Raftaar Accepts Cryptocurrency for Performance Fee

Rapper Raftaar Accepts Cryptocurrency for Performance Fee He thanked his manager for making the necessary arrangements. Raftaar did not reveal which cryptocurrency he will be paid in. Rapper Raftaar becomes the first Indian artist in accepting cryptocurrency for his performance fee for an upcoming performance in Canada. Moreover, Raftaar said,

June 20, 2021 2 mins read

Hive Blockchain Technologies List Its Share on Nasdaq

Hive Blockchain Technologies List its Share on Nasdaq. Currently, Hive trades on TSX Venture Exchange.  The company has a specific focus on green energy. The publicly traded Canadian crypto-mining company, Hive Blockchain technologies announced it have received approval to list its share on Nasdaq. Moreover, a global electronic marketplace for

June 20, 2021 2 mins read

BitDao Raises a $230 Million Funding Round Led by Peter Thiel

DAO’s are the thing nowadays, with many DAOs raising millions of dollars in funding. BitDAO announced today that the firm has raised a $230 million funding. Founder’s Fund, backed by Peter Thiel was one one of the investing companies. Early backers such as Pantera Capital and Dragonfly Capital also reinvested

June 18, 2021 1 min read

A Secret BSC Bridge Has Been Launched on the Main-net

A cross chain bridge that optimizes tokens to be more privacy focused has been launched on the Binance Smart Chain’s (BSC) main-net.  The launch of the bridge was announced through a blog post by the Secret Network. The bridge allows BEP-20 tokens to be bridged with the Secret Network and

June 17, 2021 1 min read

Bank Indonesia Bans Cryptocurrency as Payment Method

Bank Indonesia bans cryptocurrency as a  payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or

June 16, 2021 2 mins read