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Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says

October 25, 2021

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The recent law “On Digital Financial Assets” has not gone far enough in the eyes of Russian crypto industry advocates. 982 Total views 15 Total shares Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a […]

Reactivated Ethereum pools trigger a 78% surge in THORChain price

October 24, 2021

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Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to […]

Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF

October 21, 2021

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She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. 8104 Total views 44 Total shares Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s […]

Altcoin Roundup: DEXs come to the rescue after China bans crypto

October 8, 2021

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Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins […]

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

October 8, 2021

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Meme coins were some of the earliest breakout stars at the start of this year’s bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned th massive litter of dog-themed offshoots that now populate the meme coin […]

Indian crypto exchange CoinSwitch Kuber raises $260M

October 6, 2021

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Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said. 396 Total views 19 Total shares Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round. According to an official announcement on Oct. 6, the new […]

Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high

October 1, 2021

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Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with […]

Singapore finance authority grants licenses to Independent Reserve and DBS

October 1, 2021

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DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. 858 Total views 27 Total shares Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country. MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and […]

CFTC hits Kraken with $1.25M in fines over alleged illegal offering

September 28, 2021

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“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement. 4197 Total views 28 Total shares The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto […]

Stablecoin launch and NFT integration back COTI’s rise to a new all-time high

September 28, 2021

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The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT). One project that has benefited from the increased capabilities of blockchain technology and the recent launch of […]

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Category: Cryptocurrency Exchange