About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Bakkt, the crypto derivatives platform launched by Intercontinental Exchange (ICE) Inc. could be going public via a $2 billion merger. The news puts Bakkt among a growing list of cryptocurrency participants looking to go public as the industry becomes even more popular with the total spot market capitalization recently crossing...
Tulli, Finland's customs service is the latest government agency looking to profit off the recent Bitcoin price spike by auctioning off its stash of seized BTC. Several enforcement agencies have in the past sold off cryptocurrencies recovered as part of investigations into criminal syndicates. Tulli to Sell Almost 2,000 BTC...
U.S. payment API platform Strike has inked a partnership deal with crypto exchange service Bittrex to bring Lightning Network (LN) payments to over 200 countries. The move marks what could be an important milestone in the adoption of LN payment channels as Bitcoin and cryptocurrencies become even more popular. 1...
Nexon Group, a multi-billion dollar gaming conglomerate based in South Korea, is reportedly preparing to acquire Bithumb, the country's largest cryptocurrency exchange, for a price tag of close to $500 million. Nexon to Get 65% of Bithumb's Stake The news of the planned acquisition was reported by local media outlet...
While Sweden’s central bank is exploring the possibilities of creating its proposed central bank digital currency (CBDC) known as the e-krona, bankers in the country do not seem thrilled about the idea, as they are worried that a CBDC could affect the banking system. Riksbank’s Proposed e-Krona Could Affect Commercial...
ShapeShift, a non-custodial cryptocurrency exchange is integrating decentralized exchange (DEX) protocols to boost better user experience, while also eliminating the know-your-customer (KYC) requirement. ShapeShift Aims to Ensure User Privacy The cryptocurrency exchange platform made the announcement via a press release on Wednesday (Jan. 6, 2021). According to ShapeShift, the integration...
Kyrgyzstan's central bank has issued draft crypto regulations that will create a legal framework for the country's crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection. Kyrgyzstan's Crypto Regulations The National Bank of...
With the price of ETH crossing the $1,000 mark for the first time since 2018, the average gas fee on the Ethereum network set a new all-time high (ATH) on Jan. 4. Ethereum Gas Fees Almost Touched $20 According to data from YCharts on Monday (Jan. 4, 2021), the average...
Singapore investment firm Three Arrows Capital is probably one of the institutional whales responsible for the massive surge in the price of Bitcoin (BTC) since late 2020 judging by the company's ownership of Grayscale Bitcoin Trust (GBTC) shares. Bitcoin's appeal among institutional investors continues to grow with many companies adopting...
Decentralized Finance (DeFi) strategy optimizer Furucumbo is set to release its token with early adopters in line to receive free tokens. The free "coin" distribution event will be the first major DeFi airdrop of 2021. Furucombo to Reward Early Adopters In an announcement published on Monday (Jan. 4, 2021), Furucombo...
The Ukraine government is looking to develop a central bank digital currency (CBDC) following a collaboration with the Stellar Development Foundation (SDF). Ukraine to Develop CBDC on the Stellar Blockchain Network Ukraine’s Ministry of Digital Transformation has inked a Memorandum of Understanding (MoU) with the SDF for its CBDC project....
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple, an initial pretrial conference concerning the case is scheduled to hold in February 2021. Ripple and SEC to Submit Joint Letter Before Pretrial According to a court document filed on Tuesday (Dec. 29, 2020), the U.S....
Anthony Scaramucci's SkyBridge Capital has become the latest company to invest in Bitcoin, with the firm putting over $180 million in BTC, according to an investment deck obtained by The Block. SkyBridge Capital Invests in Bitcoin While the proposed Bitcoin fund by SkyBridge Capital Investment firm awaiting approval from the...
Despite little progress on crypto regulations, India's government might impose a Bitcoin tax law as part of efforts to boost national income. Crypto taxation is becoming more frequent among several countries around the world as virtual currencies continue to gain broad-based popularity. Bitcoin Tax Law Coming to India According to...
With Cover Protocol, a peer-to-peer coverage market, being the latest decentralized finance (DeFi) protocol to suffer an attack, major cryptocurrency exchange Binance has moved to halt all trading and deposits of the COVER token. Hackers Exploit Cover Protocol's Smart Contract According to an official announcement on Monday (Dec. 28, 2020)...
