Written by: ( June 1, 2022 )
The UK Treasury has submitted proposed legislation to regulate cryptocurrency businesses. In the wake of the Terra LUNA and UST crypto collapses, it published a consultation paper on May 31. The paper highlighted the importance and impact of stablecoins on innovation, as well as their financial stability in general, should systemic failures occur. It demanded […]
Written by: ( May 30, 2022 )
The Bitcoin (BTC) underlying architecture has not been affected by the current bear market. It continues to outperform itself, further decentralizing, speeding up and securing the impenetrable peer-2-peer (P2P) network. The same applies to the Bitcoin Lightning Network (LN). According to data from Bitcoin Visuals, the Bitcoin Lightning Network’s capacity reached an all-time high 3,915.776 […]
Written by: ( May 25, 2022 )
Poloniex, the global cryptocurrency exchange, announced a partnership with APENFT, a marketplace for non-fungible tokens (NFT). The new integrated NFT marketplace allows users to trade and access NFTs on Poloniex. The APENFT Marketplace launches today on Poloniex’s website and mobile app. It will be followed by massive NFT giveaways. Exclusive rights can be obtained by […]
Written by: ( May 23, 2022 )
Since the crypto crash began in May, Tether, the multibillion-dollar stablecoin, has handed out $10 billion in withdrawals. The company’s withdrawal rate is steady, which means that it is dealing with a slow-motion banking run. Depositors are trying to move their money to safer stablecoins and other cryptocurrency options. Public blockchain records show that $1 […]
Written by: ( May 20, 2022 )
Bitso, the leading cryptocurrency trading platform in the Latin American market, announced that it continues its expansion strategy in the region. It has added Colombia, making it the fourth market in which it expects to raise one million customers this month. Bitso will offer the instant transfer service in connection through the PSE system, in […]
Written by: ( May 18, 2022 )
Cloudflare, a cybersecurity firm, is poised to launch and stake Ethereum (ETH) validator nodes in the coming months ahead of Ethereum’s much-anticipated switch to proof-of-stake (PoS) over the next few weeks. Its mission is to investigate energy efficiency, consistency management and network speed of PoS networks as part of its commitment to environmental sustainability. Cloudflare […]
Written by: ( May 16, 2022 )
Grayscale, a cryptocurrency investment firm, is expanding its operations by launching an exchange-traded fund (ETF) in Europe. The company announced the launch of its first European ETF, Grayscale Future of Finance ETF UCITS, today, with plans to start trading tomorrow. This new investment product will be listed on major European stock exchanges, including the London […]
Written by: ( May 13, 2022 )
According to a report by Info Money, Brazil’s largest financial broker, XP, plans to launch a cryptocurrency trading platform in the country. This will allow customers to trade, buy and hold Bitcoin and other cryptocurrencies, and comes with the help of NASDAQ. The platform will be known as XTAGE. It was created in partnership with […]
Written by: ( May 12, 2022 )
Chelsea FC has signed a deal with WhaleFin, a cryptocurrency brand that will become its new sleeve sponsorship starting in the 2022/23 season. The amount is reportedly worth £20 million (US$24.46 million) per annum. The team will also need to replace Three, the Chinese telecommunication company and sponsor that is backing out. On Thursday, the […]
Written by: ( May 10, 2022 )
Portugal is the latest country to begin to realize the power of cryptocurrency. According to a Cryptopolitan report from this past Sunday, Portugal has relaxed its laws regarding digital currency. It is now encouraging payments with tokens in all circumstances, including real estate purchases. A buyer recently purchased a Braga apartment for three bitcoins (roughly […]