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Custodial Exchange Bakkt Launches Crypto Debit Card

Bakkt has launched a fully virtual Visa debit card. Cardholders can spend BTC from their Bakkt accounts directly.  Bakkt avoids Bitcoin (BTC) transaction fees.  Bakkt, custodial exchange has announced that it has launched a fully virtual Visa debit card for both online and in-store spending. It allows customers to use

June 23, 2021 2 mins read

US Needs Central Bank Digital Currency Says Chris Giancarlo

An American attorney and former business executive, Chris Giancarlo, the former Chairman of the US Commodity Futures Trading Commission. One of the few high-profile officials who served under the administrations of both Obama and Trump. As the former Chairman of Commodity Futures Trading Commission, Giancarlo’s last venture was a digital

June 22, 2021 2 mins read

Nodeseeds reveals investment in margin trading DEX 5x.Finance

Blockchain venture capitalist firm Nodeseeds has announced its investment in decentralized finance protocol 5x.finance. This development was revealed on June 21 and continues the current spate of investment by the Nodeseeds in recent months. Significant investment for Nodeseeds Nodeseeds investment in 5x.finance is a significant one as it looks to

June 22, 2021 3 mins read

AscendEX Launches Hummingbot Liquidity Portal

AscendEX, formerly BitMax, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the launch of the Hummingbot Liquidity Mining Portal. AscendEX users will be able to access tools and upside that were previously only available to a small circle of sophisticated market makers. In celebration

June 18, 2021 3 mins read

Futu Suspends Crypto Services for Futures Trading

Hong Kong online brokerage Futu halts their crypto services for futures contract-based trading. It is due to some regulatory concerns which were raised recently.  Futu Halts Futures Trading Futu securities is recognized as Asia’s top-ranked online broker, providing one-stop online investing services & experience. The customer support of Futu securities

June 18, 2021 1 min read

Iron Titanium Token Drops to Near Zero

TITAN drops to near zero from Wednesday’s high. Whales started to sell TITAN tokens which flooded in excess coins in the market. As TITAN began to fall precipitously, so did the pegged value of IRON. The Iron Titanium token (TITAN), the share token of once-multibillion-dollar decentralized finance (DeFi) protocol, has

June 17, 2021 2 mins read

McLaren Racing Accelerates Into NFTs With Tezos

McLaren Racing, the most promising and prominent longtime Formula 1 champion, now integrates with the fastest emerging decentralized blockchain provider, Tezos for establishing non-fungible tokens (NFT). This partnership is said to last long on a multi-year contract.  The Partnership The racing legend which has created its very own legacy, McLaren

June 17, 2021 3 mins 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

The First AI Yield Aggregator on BSC

A DeFi platform states that it provides its first AI yield farming aggregator which is “KingDefi” to interact with users also referred to as Knights, to work on Binance Smart Chain and Solana. Aggregators carry together multiple protocols and present them in a unified manner for easier use. Aggregation, when

June 15, 2021 2 mins read

The Next Big Trend in Crypto is Social Apps

The discussion about Web 3.0 is still ongoing on centralized Web 2.0 sites. Crypto-based social apps are the way forward. The rapid 30% drop in the cryptocurrency market last week. Moreover, the subsequent rapid rebound made many people wonder what will happen next. Crypto circles aside, the discussion about the

June 10, 2021 3 mins read