On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token …
Category archives: Bitcoin News
LBank Recruits Global Elites to Share Crypto Growth Dividends
press release PRESS RELEASE. Internet City, Dubai — As an innovative global trading platform for various crypto assets, founded in 2015. LBank officially launched the Global Ambassadors Recruitment at the end of June in 2021. LBank provides its users with safe crypto trading, specialized financial derivatives and professional asset management services. It has become one …
Continue reading “LBank Recruits Global Elites to Share Crypto Growth Dividends”
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up The decentralized finance paradigm stormed the market this year, and while it certainly took …
Continue reading “Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming”
Ripple (XRP) scores as judge orders former SEC Director to testify
In the ongoing SEC vs. Ripple case, Judge Netburn has ruled that former SEC Director William Hinman will testify under oath. Having filed charges against Ripple in late December 2020, the case has evolved into a complex beast tackling numerous motions. This latest motion relates to the SEC’s attempt to quash the deposition of Hinman, …
Continue reading “Ripple (XRP) scores as judge orders former SEC Director to testify”
Hacking group Anonymous launches Anon Inu crypto token “to fight Musk and China”
The decentralized hacker collective known as Anonymous is set to launch a crypto token called Anon Inu on the Binance Smart Chain (BSC). In a YouTube video announcing the token, Anonymous claims Anon Inu is central to fighting Elon Musk and China. But how it does that is unclear at this time. “We believe that …
Continue reading “Hacking group Anonymous launches Anon Inu crypto token “to fight Musk and China””
4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find
Following the largest mining difficulty drop in Bitcoin’s history, this weekend will once again see another slide, but less than 6% of the difficulty will be shaved. Statistics show Bitcoin’s hashrate has been able to climb higher since the difficulty drop two weeks ago, and climbed above 100 exahash per second (EH/s) this week. This …
Continue reading “4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find”
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa and Mastercard have not severed ties with cryptocurrency exchange Binance despite rising regulatory scrutiny. The two payments giants have …
China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced
The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently published document is the project’s first white …
Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform
press release PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market Maker (vAMM) and operating on Binance Smart Chain (BSC), aiming to bridge …
Continue reading “Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform”
85,000 crypto traders ‘liquidated’ after Bitcoin fell to nearly $30,000
Tens of thousands of crypto traders were liquidated last night as Bitcoin briefly dropped to under $30,500, data from multiple sources shows. Altcoins saw a similar dump as a result, with millions of dollars getting shaved off on lesser-known coins like AXIE and SAND. Over 82,000 traders were liquidated, with the largest single liquidation order …
Continue reading “85,000 crypto traders ‘liquidated’ after Bitcoin fell to nearly $30,000”
Crypto exchange Binance dumps ‘stock tokens’ amidst regulatory troubles
Crypto exchange Binance has announced that it would no longer be allowing its users to trade its innovative equity tokens offerings, as per a press release today. Reason:The Securities and Futures Commission (SFC) of HongKong: Binance has offered trading services in stock tokens (Stock Tokens) in a number of jurisdictions and is concerned that these …
Continue reading “Crypto exchange Binance dumps ‘stock tokens’ amidst regulatory troubles”
PayPal users can now buy $100,000 worth of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash weekly
21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. 2 min read → Go …
Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume
Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago, the entire capitalization of fiat stablecoins crossed …
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information on foreign malicious cyber activity against U.S. critical infrastructure.” The department further said that “Reward payments may include payments in cryptocurrency.” The U.S. Department of State announced Thursday that its Rewards for Justice (RFJ) program …
Continue reading “US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program”
Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that it has issued a warning to Binance UAB about its unlicensed investment services provided in Lithuania. The …