Here’s what Cardano (ADA) has been up to with the Ethiopia project

Charles Hoskinson, the founder of the Cardano (ADA) protocol and Input Output Hong Kong (IOHK) CEO revealed the company’s progress in Ethiopia, where one of the world’s biggest blockchain projects keeps unraveling. The blockchain research and engineering company behind the fifth largest crypto by market value is working with Ethiopia’s Ministry of Education on developing …

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting …

Top Derivatives Exchange Bitget Releases Its Latest Operation Data

sponsored Currently, derivatives exchange Bitget has released its global market penetration plan on Twitter, and at the same time, they published their latest globalization data. Data shows that up to now, Bitget’s global registered users have exceeded 1.6 million, and the user base has extended to 48 countries and regions around the world. Among them, …

Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems

Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers of putting their savings behind cryptocurrencies like bitcoin. Central Bank …

Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens

Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning $260 million in tokens, the …

Augmented Reality-Based Dogemon Go Mobile Game Allows Players to Earn Dogecoin

Following this year’s hype toward the meme-based digital currency dogecoin, a team of developers revealed the launch of an augmented reality (AR) mobile game called “Dogemon Go.” Similar to the AR game Pokémon Go, players catch virtual characters dubbed “Dogemons” and while characters level up they can earn dogecoin for rewards. Catching Dogemon and Earning …

These Five Altcoins Have Solid Potential for Q3, According to Coin Bureau

The host of the popular crypto outlet Coin Bureau is tracking five altcoins he thinks have the most potential for the third quarter of 2021. Addressing his 1.23 million subscribers in a new video, the pseudonymous analyst known as Guy starts his list with Ethereum (ETH). ADVERTISEMENT   The analyst lists multiple catalysts that could …

Crypto Adoption: World’s Second-Highest Paid Sports Star To Receive Tokens in Transfer Deal

World-renowned soccer star Lionel Messi is receiving cryptocurrency as part of his new transfer deal with the highly-decorated Paris Saint-Germain (PSG) soccer team. Wrapping up an era, Messi is leaving Barcelona after playing with the Spanish league for his entire professional career, spanning 16 consecutive seasons. ADVERTISEMENT   After racking up just about every accolade …

IoTex, Orion Protocol and Two Additional Altcoins Surge After Listings on US Crypto Exchange Coinbase Pro

The prices of four altcoins surged by double digits following their debut on leading cryptocurrency exchange Coinbase Pro. Within 24 hours of the listings, IoTex (IOTX), Tribe (TRIBE), Orion Protocol (ORN) and Quickswap (QUICK) rallied as much as 20% to 75%. ADVERTISEMENT   Coinbase Pro says that the four dollar-paired tokens are now in ‘full-trading …

Analysts say Bitcoin price “needed a breather” before chasing new highs

The high-flying optimism generated earlier this week when Bitcoin and altcoin prices rose was tempered on Aug. 12 as BTC dropped below $43,000. This led some analysts to warn that the price action seen over the past week was nothing more than a dead cat bounce.  Data from Cointelegraph Markets Pro and TradingView shows that …

Poly Network hacker returns nearly all funds, refuses $500K white hat bounty

The hacker behind a $610 million attack on the cross-chain decentralized finance protocol Poly Network has returned almost all of the stolen funds amid the project saying their actions constituted “white hat behavior.” According to a Thursday update on the attack from Poly Network, all of the $610 million in funds taken in an exploit …

Australian crypto users will have access to tax reporting services through Crypto.com

Cryptocurrency exchange Crypto.com has launched a free tax reporting service for users based in Australia.  In an announcement today, Crypto.com said it had tailored its existing tax services for United States- and Canada-based crypto users to allow Australians to accurately report cryptocurrencies on their taxes. The exchange said it worked with professional tax advisers to …

These 3 metrics suggest there’s still time for another ‘DeFi Summer’

Decentralized finance (DeFi) has been a big part of the explosive growth seen across the cryptocurrency ecosystem in 2021 as decentralized exchanges like Uniswap and SushiSwap and lending protocols like Aave and Compound have added a new dimension of token utility.  Data from Messari’s DeFi Asset index shows that over the past 30 days, a majority …

Crypto Exchange BitMEX Reaches $100,000,000 Settlement With CFTC and FinCEN

Crypto derivatives platform BitMEX says it has agreed to pay $100 million to resolve charges that were filed by US regulators in October of 2020. BitMEX says it has settled with the U.S. Financial Crimes Enforcement Network (FinCEN) and the Commodity Futures Trading Commission (CFTC). ADVERTISEMENT   According to the CFTC, a settlement was reached …

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.  According to Cointelegraph, two things that marked the positive shift seen from institutional investors were deposits to derivatives exchanges reaching their lowest …

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