# Bitcoin News
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February 24,2021 by Anthonia Isichei at Bitcoin
U.S. payment processing company Square has made another bitcoin buy, investing $170 million in the biggest crypto by market capitalization. Meanwhile, bitcoin’s recent price dump does not seem to scare away institutional investors. Square’s Bitcoin Purchase Represents 5% of Liquid Assets Square made the announcement in its recent bitcoin investment...
February 23, 2021 by Wayne Jones at
Bitcoin
Corporate banking company BNY Mellon revealed it is working with a different entity for its digital asset custody services, although it did not specify any group. Fireblocks Rumor However, according to Coindesk, the investment giants are working with Fireblocks in holding cryptos in their client's capacity. BNY and Fireblocks have...
February 23,2021 by Wayne Jones at Bitcoin
Beran Island Resort, which is at the heart of the Marshall Islands, recently announced it is ready to accept BTC in settlements. Crypto Adoption in the RMI The resort is advertising one of their packages dubbed 'a trip to the middle of nowhere,' where 15 friends can rent out the...
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Press Releases
# Blockchain News
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February 24,2021 by Anthonia Isichei at Blockchain
Air France, one of the largest airlines in the world is expanding its blockchain adoption in the wake of the ongoing coronavirus pandemic. COVID-19 has disrupted the global travel industry with stakeholders forced to come up with innovative ways of dealing with the effect of the virus on air travel....
February 23, 2021 by Anthonia Isichei at
Blockchain
The State Bank of India (SBI), a major Indian bank, has collaborated with Wall Street giant JPMorgan to utilize the latter’s blockchain solution for efficient cross-border transactions. SBI Collaborating with JPMorgan for Blockchain-based Cross-border Payments According to the Economic Times on Wednesday (Feb. 23, 2021), the SBI would integrate a...
February 19,2021 by Adeniyi Olowoporoku at Blockchain
Blockchain-based land registry firm Medici Land Governance (MLG) has launched a land administration pilot project in Liberia. The project seeks to administer proper land issuance in the West African nation. Land Registration on Blockchain Medici Land Governance (MLG) launched the land administration project on February 18 in a press release....
# Altcoins News
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February 24,2021 by Ogwu Osaemezu Emmanuel at Altcoins
The Gleec platform has introduced its new Gleec card app, allowing users to request a virtual and physical top-up Visa cryptocurrency Gleec Card. The late February launch comes roughly three years after the launch of Gleec Coin, a virtual currency built for real-world purchases through Gleec’s integrated ecosystem. Crypto-funded cards...
February 24, 2021 by Wayne Jones at
Altcoins
Brave, the privacy-protecting browser, has unveiled the specifications for version 2.0 of its open-source, crypto-powered web browser. Replacing The Old with The New In a recent official press release, the browser announced that it plans to introduce a native Ethereum wallet, replacing its current built-in crypto wallet. This new wallet...
February 24,2021 by Dalmas Ngetich at Altcoins
Donnie Finance, a Korea-based DeFi platform, will airdrop 10 percent of its total supply to IOST holders, an update on Feb 23 reveals. IOST's Role in DeFi IOST is the native token of the IOST blockchain--one of the world's most reliable and widely adopted enterprise-grade smart contracting platforms supporting negligible...
# Regulation News
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February 24,2021 by Wayne Jones at Regulation
On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this...
February 24, 2021 by Adeniyi Olowoporoku at
Regulation
The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction. The ECB argues that if...
Hester Pierce is on the frontline, advocating for an allowance for legal clarity within the DeFi space and maintaining freedom for it to experiment. In her opinion, this will create a better chance for DeFi to compete fair and square with centralized finance. DeFi Will Pose A Challenge in Regulation...
# Price Analysis
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The total crypto market cap added $144 billion to its value for the last seven-days and now stands at $1,602 billion. The top 10 coins were mostly in red for the same time period with Chainlink (LINK) and Bitcoin Cash (BCH) losing 10.4 and 12.6 percent while Binance Coin (BNB)...
Quarkchain $QKC is a sharding project in the same family as zilliqa, polkadot, elrond, and eth 2.0. Though quarkchain has a much smaller market cap, it is by far the fastest chain of the smart contracts platforms mentioned above. In comparison, Zillaqa has 2828 TPS whilst $qkc sitting at an...
Total crypto market cap added $100 billion to its value for the period since Monday and now stands at $1,558 billion. The top ten coins are showing mixed results for the last 24 hours with Binance Coin (BNB) growing by 29 percent while Ripple’s XRP (XRP) erased 2.4 percent. At...
# Ethereum News
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February 20,2021 by Dalmas Ngetich at Ethereum
Berlin Hard Fork's activation date has been penciled at block height 12,244,000, or on April 14, following an Ethereum All Developers meeting on February 19. From Istanbul to Berlin, Ethereum is Building Ethereum currently operates two independent chains: Proof-of-Work and Proof-of-Stake. The Berlin Hard Fork will mark the end of...
February 17, 2021 by Ogwu Osaemezu Emmanuel at
Ethereum
Coinbase cryptocurrency exchange has announced that clients interested in staking their ether (ETH) tokens to earn an annual percentage yield (APY) of 7.5 percent when Ethereum 2.0 finally goes live, can now make their intent known by joining its waitlist, according to a blog post on February 16, 2021. Coinbase...
February 16,2021 by Dalmas Ngetich at Ethereum
Ethereum price is at near-record highs, a gift for holders but a nightmare for network users. Here's why: The average transaction (Gas) fee stands at $20. What's even worse is that this fee will likely stagnate at present levels if there is no intervention. A new norm? Perhaps. Destruction of...
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