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.
Elon Musk's Tesla has announced a whopping $1.5 billion investment in Bitcoin (BTC). The news is coming after days of Musk shilling Dogecoin (DOGE) on Twitter. Tesla Secures Bitcoin Whale Status with $1.5B Purchase According to Tesla's latest filing with the U.S. Securities and Exchange Commission (SEC), the electronic vehicle...
The happenings in Estonia's political climate has delayed deliberations on a proposed crypto licensing legislation that could significantly impact the country's cryptocurrency and blockchain technology climate. Once a crypto-friendly nation, Estonia has toughened its laws on virtual currencies leading to many businesses exiting the country. Estonia Wants to Reorganize its...
Theta blockchain — the distributed video streaming network — now has its own decentralized exchange (DEX). The move comes amid the rapid scale of DEX adoption occasioned by the emergence of the burgeoning decentralized finance (DeFi) arena. ThetaSwap v1 Bringing DEX Capabilities to the Theta Blockchain In a Medium blog...
Major Japan-based cryptocurrency exchange Liquid has temporarily suspended withdrawals for Ether (ETH) and ERC-20 tokens following a spike in the average ETH gas fees on the Ethereum network. High Transaction Fees Cause Suspension of ETH and ERC-20 Withdrawals Liquid announced the news of the suspension via its official Twitter handle...
South Africa’s regulatory body, the Financial Sector Conduct Authority (FSCA) like other global regulators, has warned citizens to be wary of crypto investment schemes that sell hyperbolic returns on investment (ROI) amid crypto’s bull run. Meanwhile, the country’s tax body recently sent out requests to taxpayers to reveal crypto-related activities. ...
Hashmask, the digital art and collectibles project that has taken the expanding nonfungible token (NFT) metaverse by storm is now part of the NFTX index platform. Meanwhile, rare pieces from the Hashmask collection continue to attract massive bids from collectors on marketplaces like OpenSea. Hashmask LP Pool Now Live on...
Payment processing giant Visa has partnered with First Boulevard, a neobank focused on building wealth for the black community, to pilot a new crypto application programming interface (API) program. Giving Financial Institutions Having Access to Cryptocurrency According to a press release on Wednesday (Feb. 3, 2021) Visa’s collaboration with First...
500.com — a New York Stock Exchange (NYSE)-listed Chinese sports lotto company is expanding its investment outlay in the Bitcoin (BTC) mining arena. The firm is the latest to increase its hardware inventory as the global Bitcoin mining hash race continues to intensify following the halving that occurred back in...
The privacy-focused browser Brave continues to record different milestones, among which the browser has seen an increase in the number of monthly active users, with the current figure reaching over 25 million. Brave Continues to Attract Privacy-Conscious Users Brave announced the news of the increase in monthly user growth via...
Global tech firm IBM has reportedly laid off most of its employees in its blockchain sector, as the company is experiencing challenges with its revenue. Blockchain Arm Reportedly Facing Employee Exodus According to different sources familiar with the matter, IBM is reportedly carrying out a reorganisation, which has seen the...
Crypto exchange giant OKEx is the latest to integrate Bitcoin (BTC) scaling solution — Lightning Network (LN) — on its platform. The move comes following a significant resurgence in LN interest especially as BTC is experiencing massive adoption across the globe. OKEx Announces Lightning Network Support OKEx announced the news...
Decentralized finance (DeFi) cross-chain bridge protocol Ren is looking to promote DeFi interoperability by collaborating with crypto research and quantitative trading outfit Alameda. Meanwhile, Solana (SOL) has been seeing an uptick in activity as high transaction fees on Ethereum push DeFi traders to consider other blockchain alternatives. Ren Dev Team...
Emirates, a major airline based in the United Arab Emirates (UAE), is testing a blockchain mobile app developed by GE Digital Aviation to make it easier for passengers to adhere to COVID-19 travel requirements. Blockchain Solution Provides Easy COVID-19 Test Experience Emirates announced the news of the trial process via...
Crypto Broker AG, the brokerage subsidiary of Swiss digital assets startup Crypto Finance Group, received a securities license from Switzerland’s financial watchdog. Crypto Broker AG Scores FINMA Securities License According to a press release on PRNewswire on Monday (Feb. 1, 2021), Crypto Broker AG, has secured the securities house license...
Deutsche Bank has participated in a $31 million Series B add-on funding for blockchain startup Axoni which the bank says could have profound implications for the future of the capital market. The intersection of mainstream finance and the novel decentralized ledger technology (DLT) continues to expand with several participants creating...
