Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin to Save The new feature, which is viewed as another demonstration …
Author archives: Adam Owen
AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021
AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans to Accept Bitcoin According to Firm’s …
Continue reading “AMC to Accept Bitcoin for Movie Tickets and Concessions by End of 2021”
Decentralized Cloud Network Service Sukhavati Network Announces SKT Listing on Gate.io and MEXC
sponsored Sukhavati Network is to host its startup sale on Gate.io’s platform as part of the “Startup Project Free Airdrop Program”. The “Startup Project Free Airdrop Programme” was launched by Gate.io to provide users with early access to innovative and advanced projects, where VIP and GT users are entitled to a variety of token airdrop …
Israel’s Mossad Is Hiring a Cryptocurrency Specialist
The Israeli intelligence service, Mossad, is now looking to hire someone who understands digital currencies. According to the job posting, the role requires extensive expertise in the field of financial technologies. Mossad Recruiting Expert With Fintech Background Israel’s Institute for Intelligence and Special Operations, Mossad, is seeking an expert with a deep understanding of cryptocurrencies …
Continue reading “Israel’s Mossad Is Hiring a Cryptocurrency Specialist”
There’s No Stopping the Bitcoin Train After BTC Breaks This Price Level, Says Top Crypto Analyst
Closely followed crypto trader Pentoshi says there will be no stopping Bitcoin after BTC breaks a certain price area. The pseudonymous trader tells his 212,000 followers that the $48,000 level is the last point before Bitcoin becomes unstoppable. ADVERTISEMENT “Above $48,000, I think there’s nothing stopping this train. It’s the last level structurally that …
Is the cryptocurrency epicenter moving away from East Asia?
It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone …
Continue reading “Is the cryptocurrency epicenter moving away from East Asia?”
Major Turkish sports club Fenerbahçe issues fan token on Ethereum
Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with local crypto exchange Paribu. The initial presale of 500,000 unlocked tokens was completed on Monday, netting the club 15 million Turkish lira ($1.75 million) in 30 seconds. The club announced …
Continue reading “Major Turkish sports club Fenerbahçe issues fan token on Ethereum”
South Korean banks doubled crypto transaction fee revenue in Q2
Three South Korean banks with crypto exchange partnerships have reportedly made $14.71 million in transaction fees in the second quarter of 2021. According to The Korea Herald, Shinban Bank, K bank and NH Nonghyup Bank announced a total revenue of 16.9 billion South Korean won in Q2. The “big four” crypto exchanges in South Korea …
Continue reading “South Korean banks doubled crypto transaction fee revenue in Q2”
SEC wants ‘terabytes’ of Slack communications from Ripple
The legal battle between the United States Securities Exchange Commission (SEC and blockchain-based payments firm Ripple continues, with the regulator wanting further access to Ripple’s internal communications. The SEC filed a motion with the Southern District of New York on Monday, requesting Judge Sarah Netbrun to order Ripple to produce and submit its employee messaging …
Continue reading “SEC wants ‘terabytes’ of Slack communications from Ripple”
This Crypto Whale Has Made Over $500,000 on Trades – Without Moving Bitcoin or Ethereum
A user on Polymarket has made more than half a million dollars. Polymarket is an Ethereum-based betting platform where users can place wagers on various events like elections, news developments, or the price of Dogecoin on a certain date. According to Polymarketwhales.com, the participant, who’s the most profitable user on the platform, has clocked about …
Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar
Institutions have not left the Bitcoin (BTC) market even in the face of a 50%-plus bearish correction earlier this year, shows data provided by Glassnode. The blockchain analytics platform reported on Monday that the dominance of Bitcoin transactions exceeding $1 million has surged twofold since September 2020 — from 30% to 70% of the total …
Continue reading “Large hodlers accumulate Bitcoin below $50K as BTC transactions over $1M soar”
Bitcoin ‘golden cross’ due in days as bears draw a line at $47K BTC price
Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3 days to Bitcoin golden cross Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday. The pair had spent the night ranging …
Continue reading “Bitcoin ‘golden cross’ due in days as bears draw a line at $47K BTC price”
Total crypto market value breaks $1.9T for the first time since May
The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion. According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9-trillion mark on Monday, retouching this level for the first time since May 18. Starting July 19, cryptocurrency markets recorded …
Continue reading “Total crypto market value breaks $1.9T for the first time since May”
Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps
Ethereum broke the $3,000 mark yesterday as top coins jumped on news of favorable legislation around cryptocurrencies in the US, data from multiple sources showed. The asset trades slightly above $3,000 at press time, with a resistance zone at the $3,160 price level as the below chart shows. Image: ETH/USD via TradingView. It, however, remains …
Continue reading “Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps”
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence and boost participation by innovators.” Uganda’s FIA Calls for Crypto Framework The remarks by BAU’s …