Coinbase leads $6M funding for Indonesian crypto exchange

Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics. Pintu, an Indonesia-based cryptocurrency exchange focusing on first-time crypto users, has raised $6 million to support its mission to drive industry adoption. The company announced Tuesday that it has completed a Series A …

Apple seeks to hire ‘alternative payments’ manager with crypto experience

“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the job post reads. Global software giant Apple is recruiting for a new business development manager specializing in alternative payments, signaling that the iPhone maker is gravitating toward digital assets.  The new job post for “Business …

3 convincing signs the Bitcoin bears have stopped selling

BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted. The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside concerns about China’s crypto ban and the United States’ crypto tax proposal. The …

UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert

Luno exchange agreed not to post its Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning. A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising Standards Authority, a …

Polygon debuts SDK for building Ethereum-compatible chains

Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols. Polygon has announced the launch of its SDK stack that will allow developers to easily deploy their own Ethereum-connected blockchains. SDKs, or software development kits, are single installation packages containing tools necessary for seamless app creation. According …

Museum of Crypto Art to launch MOCA token, plans acquisition spree

The community-governed museum is toying with new economic models amid a period of uncertainty for art institutions. According to some estimates, coronavirus-related strains may soon force upward of one in every eight physical museums to permanently close, but despite the struggles, one metaverse-native museum is raising funds to transition to a community-governed model.  The Museum …

Women-led events may encourage long-term female participation in blockchain

By women and for women: Crypto industry leaders take action to bring equality to the blockchain sector by developing female-centric initiatives. The tech industry is notorious for its male-dominated culture, and unfortunately, the blockchain space may still be exhibiting this, at least for the time being.  Although female cryptocurrency investors are on the rise, men …

China to socially blacklist Bitcoin miners in Inner Mongolia region

China’s crackdown on crypto mining could see offenders blacklisted from basic social and financial services if caught. China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity. Officials unveiled new draft rules that would see harsher punishments applied to …

Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target

Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts. The current cryptocurrency market scenario is only for traders who have an extremely high appetite for risks. But for the faint of heart, analysts advise patience and caution ahead. The outlook stands tall …

Canadian regulators accuse crypto exchange of breaking securities law

Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March. Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex. On Tuesday, the Ontario Securities Commission published a statement of allegations against Polo Digital Assets, also known as Poloniex, alleging that the firm …

Bitcoin mining banned in Iran until September

Iran’s government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months. The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer. According to a report by Bloomberg, President Hassan Rouhani announced the …

Elon Musk reminds followers he really isn’t Dogecoin’s master

Musk’s tweets have been credited with markedly influencing the value of the meme cryptocurrency. Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE), he still has no formal authority over the project. Musk was replying to a comment from a Doge-themed account, which opined that …

Bitcoin price rebounds to $40K, Ethereum nears $3K: Is a bigger crypto rally looming?

Bitcoin has surged past $40,000 and the cryptocurrency market is rapidly recovering. The price of Bitcoin (BTC) has surpassed $40,000 on May 26, breaking above a key sell area for the first time in five days. Traders expect a broader rally to come and a bullish market structure to form if Bitcoin continues to rise …

You can now buy gold-backed NFTs with the mining carbon footprint offset

Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached. According to a May 26 announcement the tokens represent ownership over physical gold bars that are …

Gold hits four-month high following crypto crash

Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March. In the aftermath of the Mid-May crypto market sell-off, gold has seen significant price recovery. Gold prices continued to inch higher on Tuesday, hitting $1,887 per ounce at 3:00 am EDT, according to …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version