Binance Smart Chain (BSC) is growing at a steady pace with the network peaking at 12 million transactions per day. As the value locked in BSC surpassed $21.96 billion, BSC Airdrops started to rise significantly. With more ETH projects moving to BSC, these airdrops are a wonderful way to get introduced into the BSC ecosystem. […]
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Global Cryptocurrency Adoption Jumps 881% Led by Asian Countries, Index Shows Blockchain data platform Chainalysis has published its 2021 Cryptocurrency Adoption Index, which ranks 154 countries by crypto adoption. According to the firm, global crypto adoption has grown by over 2,300% since Q3 2019 and over 881% in the last year. New Global Cryptocurrency […]
Molecule Partner With VitaDAO to Create Biopharma IP-to-NFT Transfer Using Nevermined Solution PRESS RELEASE. Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics at the University of […]
The Dogecoin Foundation has been reestablished with “a renewed focus” to accelerate the development of Dogecoin. Among the foundation’s advisers are Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of Tesla CEO Elon Musk’s family office. Dogecoin Foundation Relaunched The Dogecoin Foundation has been reestablished “with a renewed focus on supporting the Dogecoin ecosystem, […]
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it […]
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the […]
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto […]
Coinbase Partners With MUFG to Launch Operations in Japan Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than 40 million customers, to make it easy for residents of Japan to purchase and sell […]
iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining […]
Binance Makes Regulatory Compliance Top Priority as the Crypto Exchange Pivots Into Financial Services Company Global cryptocurrency exchange Binance has made regulatory compliance its top priority. The exchange is on a hiring spree to “significantly” add to its compliance and legal teams. “We are going through a pivot from a technology innovator into a […]
Federal Reserve Bank President: Bitcoin Has No Legit Use Case — Crypto Is 95% Fraud, Hype, Noise, Confusion Minneapolis Federal Reserve President Neel Kashkari says crypto is “95% fraud, hype, noise, and confusion.” He added, “I’ve not seen any use case other than funding illicit activities like drugs and prostitution.” Federal Reserve Bank of […]
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to […]
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by […]
Derivatives Exchange Bitget Opens Global Ambassador Program to Crypto Lovers PRESS RELEASE. Top6 Derivatives Exchange Bitget has launched a Global Ambassador Program in its latest announcement. Any crypto enthusiasts, professional traders, crypto community leaders and KOLs can apply to become a Global Ambassador of Bitget. Successful applicants can engage in community development of Bitget […]
Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads […]
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared […]
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s lawsuit against Ripple Labs and its […]
Major Dutch Football Club PSV Hodls Bitcoin — Sponsorship to Be Paid Entirely in BTC Major Dutch football club PSV has signed a partnership deal with a crypto exchange and its sponsorship will be paid entirely in bitcoin. “PSV is the first club in the EU to receive the sponsorship amount in crypto,” said […]
Quantum-Resistant Token, Crown Sovereign (CSOV) Will Be Listed on Bitcoin.com Exchange PRESS RELEASE. Crown Sterling’s Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset, will be listed on Bitcoin.com Exchange in late September. This represents a milestone for both parties, one where Crown Sterling’s (CSOV) token will be listed on one of the […]
Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the […]