Israeli Central Bank has allowed a sneak peek into the future form of its digitalized native cryptocurrency, Shekel through an ad hoc model. As per the ad hoc model of Israel’s CBDC, the users would not only be able to settle payments online and offline through Shekel but also exchange it for acquiring fiat currency….
Although Ethereum has been skyrocketing in terms of price and popularity lately, this has not stopped the gas fees from spiking as well. In fact, if investors were to use the ETH network nowadays, they would find gas fees to be astronomically high. High gas and transaction fees have plagued the world’s second-biggest cryptocurrency for…
Square, which is a company involved in the business of digital assets, has said that it will not be investing any further into Bitcoin for the time being. Square has impliedly explained that because of carbon pollution generated from Bitcoin mining, therefore, it is of the view that the issue of pollution should be taken…
Student Coin (STC) got itself listed on Bitcoin.com’s Exchange recently. Trades already started to take place on the platform on 13 May 2021. At Bitcoin.com’s Exchange, STC will be traded with Ethereum, Bitcoin, and USDT. STC is a new entrant in the digital asset industry as it is also a piece and parcel of a…
UK pizza lovers’ dreams have come true. Now they have equal opportunity to eat their most favorite pizza from Papa John’s while winning a Bitcoin as well. Only those will win a chance to earn a Bitcoin who have spent at least £30 or above. Papa John’s pizza is a pizza brand hailing hailed from…
“SATS” which is also known by the name “satoshis” is the least unit of Bitcoin. An easy way to understand SATS is that it can be regarded as a “cent” which is a piece and parcel of a dollar bill. Similarly, if one were to take out one cent from Bitcoin, then it would look…
Less than a month ago, UFC – Ultimate Fighting Championship’s parent company, Endeavor, had been listed for public trading on NYSE (New York Stock Exchange). This week passing, the largest MMA company in the world released another hit news as they reveal plans to generate their native fan token ($UFC) in June. UFC Collaborates with…
A new crypto startup in South Africa was accused of rendering crypto services outside the ambit of the law. The accusations were leveled against the startup by the country’s watchdog, which is authorized to deal with crypto exchanges. However, after raising objections against the crypto trading platform, the same day the watchdog rendered an apology….
As per the latest reports, Rari Capital has reportedly fallen victim to one of the recent exploits in the cryptocurrency industry. Providing services in the decentralized finance (DeFi) industry, Rari Capital has ended up facing a huge loss because of the recent high-price exploit. Rari Capital is popular in the decentralized finance (DeFi) industry for…
More progress towards mega-scale crypto adoption within the financial institution sector as Citi is interested in taking a deep dive into crypto because of its customers. The bank could not resist the customers’ demand, which grew 10x since mid-2020. Itay Tuchman has recently appraised it, in charge of Citi’s foreign exchange that Citi may soon…
Few can deny the impact that DeFi (decentralized finance) has had on the financial world, with many who were previously opposed to the idea slowly coming to realize that it may actually have its uses after all. Cryptocurrencies have understandably played a big part in this, with users all over the world buying, selling, and…
In the past 4 weeks, Dogecoin (DOGE) has gained enormous recognition and adoption in the entire cryptocurrency industry. While the entire cryptocurrency industry was in shock as Dogecoin (DOGE) gained momentum, the mainstream industry has given another surprise to the DOGE community. As the price of Dogecoin (DOGE) continued to experience a surge, more mainstream…
The UK has been long struggling to bring crypto under a legal framework. In its pursuit of bringing crypto under legal cover, English Law is considering the possibility of treating crypto as “property”. The reason why crypto should be considered as “property” is that the number of crypto fraud victims is increasing rampantly. However, since…
The recent rise of the Decentralized Finance ecosystem along with the increase of adoption has caused WAVES to soar up to a record high. The capability to provide services to a vast range of fields accompanied by real-world adoption is a must for blockchain-based projects, which look for success in an already evolving and crowded…
A highly debated topic on the Darknet these days is relating to a crypto-malware that would allow users to earn easy money by defrauding newbie crypto investors and traders. An independent cybersecurity firm namely Palo Alto Networks has issued a report wherein the name of malware has been revealed“Westeal”. Crypto investors and traders are urged…
Recently in an interview, Mike Novogratz, the CEO of Galaxy Digital, said the XRP Army denies the truth continuously. For the persons following XRP lately, the crypto has been on a bullish trend for a significant part of the last couple of months in the face of the lingering lawsuit filed by the Securities Exchange…
Opposition parties in South Korea suggest that if they will come into power, then they will tax crypto, particularly the gains derived from crypto trading. The majority of youngsters belonging to the age group under 20 years of age are supporting the opposition’s manifesto. While the people falling in different age groups are found to…
A job advertisement was posted by the Bank of England (BoE) for a senior expert related to central bank digital currencies (CBDCs). The role of this post is to help the bank in checking and implementing the design and feasibility of a central bank digital currency (CBDC). This is the most recent job announcement by…
The US Federal Reserve Chairman, Jerome Powell in a press conference was asked about a number of things from Gamestop to Dogecoin. He was asked whether he believed there was a risk to the financial stability in trends such as the meme-inspired cryptocurrency Dogecoin. In essence, the question was whether Doge was going to upend…
According to the latest reports, Coinone has announced that it is re-opening its customer center that had been offline for a while. Coinone has confirmed that its customer center is in Seoul and will start offering support to customers at the earliest. Coinone is one of the top cryptocurrency exchanges in South Korea and currently…
