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South Korean Banking Regulations Threatens ‘Big 4’ Crypto Exchanges

AML and Banking regulations are a threat to the Big 4 crypto exchange. More than 100 smaller exchanges are expected to close. Due to AML protocol, Banks are unhappy. Anti-money laundering(Aml) and banking regulations newly imposed by South Korea, causing tensions that have even left the big four domestic crypto

May 4, 2021 2 mins read

What is a Non-Fungible Token (NFT)?

Non-fungible tokens (NFTs) are playing a huge role in the market. However, there are few wondering whether NFTs worth the money or the hype. More so, few experts say NFTs are a bubble poised to pop. Now let’s deep dive into what is NFT. What is NFT? A non-fungible token

May 4, 2021 5 mins read

Assemble Protocol (ASM) Is Now Supported on Coinbase Custody

The leading blockchain-based global point integration platform, ASSEMBLE Protocol has announced that its utility token ASM has been added to Coinbase Custody. This means that ASM will receive a cold-storage custody solution from one of the largest custodians in the crypto sphere, Coinbase Custody. Coinbase Custody To Provide Cold-Storage Custody

May 4, 2021 4 mins read

XRP Now Records for 3% Of the Total Crypto Market Cap

XRP has bounced to more than 40% in the past week.  It has been the supremacy of the total market with a surge in value since the start of April. Whale Alert has pointed out that XRP had the largest transaction. XRP, the world’s fourth-largest cryptocurrency has rapidly bounced to

May 3, 2021 2 mins read

Revolut Users Will Withdraw Bitcoin Into External Wallet

Uk-based challenger bank Revolut announced that the paid customers will be able to withdraw bitcoin from the platform. However, the announcement post has been deleted now. Moreover, British financial technology company Revolut offers a range of digital banking services in a mobile app targeted at young tech-savvy users. Revolut allows

May 2, 2021 1 min read

Cryptocurrency Exchange Hotbit Has Been Hacked

Hotbit has undergone a serious cyber attack Hotbit showdowns all its services Users are in fear due to the incident of the Turkish exchange On April 29, 2021, a cyberattack took place on Hotbit, the cryptocurrency exchange. However, the system hacking led to the paralyzation of many basic services of

May 1, 2021 2 mins read

Indexed.Finance Review 2021: DeFi Index Funds

By now, everyone knows that for you to increase your personal wealth, you must invest. Fortunately, today, you don’t even need to be a token-picking expert before you can invest in the exponentially developing Decentralized finance (DeFi) space. Simply investing in a DeFi index will automate your entire investment plan

April 30, 2021 11 mins read

Six Suspects Of Thodex Jailed by Turkish Court

Turkish crypto exchange Thodex has stopped functioning. Six aspects of Thodex jailed by the Turkish court. Officially banning of crypto payments effective by the country’s central bank. The Turkish court has jailed the six suspects of the Turkish crypto exchange Thodex. Thodex is the cryptocurrency exchange based in Turkey which

April 30, 2021 2 mins read

Interview with Obasi Francis, Founder of DeSpace Protocol

Hi Obasi Francis, thanks for taking the time to join us for this interview to educate our community on the DeSpace Protocol. Can you give us a brief introduction to you? What is your story, dating back as far as you wish? Hi, I’m Obasi Francis, a Nigerian, and a

April 29, 2021 8 mins read

Paxos Raises $300 Million Funding Round LED by Oak

Paxos has raised a $300 Million Series D Funding round with a $2.4 billion valuation led by Oak. Investors incorporate PayPal Ventures, Declaration Partners, Mithril capital, and many other reputed firms. Paxos supported launching cryptocurrency trading on Venmo last week. PayPal crypto partner Paxos has raised a $300 million Series

April 29, 2021 2 mins read
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