# Bitcoin News
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June 18,2021 by Anna Larsen at Bitcoin
Bitcoin miners who have been evicted from China as a result of the new crackdown could soon be able to find a home in Miami, Florida. Francis Suarez, the city's mayor, recently revealed that he is working to reduce electricity costs in order to draw in more crypto miners to...
June 18, 2021 by Dalmas Ngetich at
Bitcoin
Yan Yan, a Chinese investor with ties to the SoftBank Asia Investment, thinks Bitcoin is better than gold, and Warren Buffett's knowledge of the currency is "too old." Bitcoin is Better than Gold As per sources, Yan said he has been accumulating Bitcoin since 2015, banking on a global network...
June 18,2021 by Anthonia Isichei at Bitcoin
The unit responsible for coordinating all Republican campaign activities for elections into the House is now reportedly accepting crypto donations. The news comes amid talks of more stringent regulatory measures for cryptocurrencies in America. NRCC Accepts Crypto Donations According to a report by Axios, the National Republican Congressional Committee (NRCC)...
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# Blockchain News
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June 17,2021 by Anthonia Isichei at Blockchain
Major cryptocurrency exchange KuCoin launched the KuCoin Community Chain (KCC) mainnet, with the goal of providing the community with a more efficient and cost-effective experience. KuCoin Unveils Community Mainnet KuCoin announced the official launch of the KCC mainnet on Wednesday (June 16, 2021). According to the announcement, the mainnet was...
June 17, 2021 by Anthonia Isichei at
Blockchain
China’s blockchain adoption drive is set for another use case with the government looking to utilize the novel technology in improving security protocols for electronic delivering platforms tasked with managing imported containers. Several state agencies in the country have released detailed decentralized ledger technology (DLT) utilization plans even as China’s...
June 16,2021 by Ogwu Osaemezu Emmanuel at Blockchain
The integration of blockchain technology into gaming has helped the industry to scale new heights. According to researchers, the impact of blockchain on the video gaming industry is multi-dimensional and diverse. A survey done among video game industry executives showed that blockchain helped the industry by bringing in more security,...
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# Altcoins News
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June 18,2021 by Dalmas Ngetich at Altcoins
Crypto.com, which serves over 10 million customers and boasts of an ultra-fast matching engine processing 2.7 million transactions per second, is now part of the Fireblocks Network. They have already transitioned their internal treasury management system, contributing towards a secure institutional infrastructure, a press release on June 17 reveals. Over...
June 18, 2021 by Ogwu Osaemezu Emmanuel at
Altcoins
Nimbus - an automated DeFi platform that offers 16 earning strategies for users based on IPO participation, Lending, Crypto-Trading, and more - announces a new token listing. On June 17, 2021, its NBU token of BEP-20 standard gets listed on PancakeSwap, the most popular DEX on Binance Smart Chain (BSC)....
June 17,2021 by Adeniyi Olowoporoku at Altcoins
NFT platform Unifty has announced the integration of Polkadot parachain Moonbeam to its ecosystem. This development is expected to extend the functionality of Unifty and introduce Moonbeam users to the NFT protocol. Unifty Integrates Moonbeam Parachain Unifty revealed this development on June 17, in a press release that highlighted details...
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# Regulation News
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June 16,2021 by Ogwu Osaemezu Emmanuel at Regulation
R3 and the ASEAN Financial Innovation Network (AFIN) have inked a strategic partnership deal aimed at developing a central bank digital currency (CBDCs) sandbox that would make it easier for fintech firms and traditional banks to create and test their CBDC payment solutions, according to a press release on June...
June 16, 2021 by Anthonia Isichei at
Regulation
The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country. Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank...
June 16,2021 by Anna Larsen at Regulation
It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament's...
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# Price Analysis
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Total crypto market cap erased $64 billion from its value for the period since Monday and now stands at $1.62 trillion. The top ten coins are all in red for the last 24 hours with ether (ETH) losing 2.3 percent, currently trading at $2,430. At the time of writing bitcoin...
The total crypto market cap added $17 billion to its value for the last seven days and now stands at $1,687 billion. The top 10 coins were mostly in red for the same time period with some of them posting double-digit losses. Bitcoin (BTC) was the only gainer with a 9.5...
Total crypto market cap lost $30 billion to its value for the period since Monday and now stands at $1.66 trillion. The top ten coins are all in green for the last 24 hours with Polkadot (DOT) leading the pack with a 10.7 percent increase respectively. At the time of...
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# Ethereum News
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June 14,2021 by Ogwu Osaemezu Emmanuel at Ethereum
Anthony Sassano has revealed via Twitter on June 13, 2021, that about 23 percent of the entire Ether supply is now locked in smart contracts just like in June 2016 when the first Ethereum-based decentralized autonomous organization (DAO) went live. The latest figures are quite indicative of Ethereum’s success as...
June 11, 2021 by Ogwu Osaemezu Emmanuel at
Ethereum
Vitalik Buterin has hinted that he is very bullish on Eth2 development. The Russian-Canadian programmer says a successful launch of the much-anticipated Eth2 will significantly boost Ethereum adoption by businesses globally. Buterin Bullish on Eth2 Development The Ethereum development community has been making significant progress in the journey towards Ethereum...
June 10,2021 by Wayne Jones at Ethereum
Ether’s scaling solution, the Raiden client, aims to rollout Bespin Mainnet on its network. The Bespin update will ensure the Raiden Network stabilizes the bugging issues on its transport layer. Moreover, it will push up the date of the full release of the Raiden Light Client project. What’s New According...
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