Grayscale Investments has made an announcement in regards to launching a new subsidiary that is to focus on the crypto mining segment. The responsibility of the particular subsidiary would be to invest…
Category: Cryptocurrency
A New Cryptocurrency Protection Tool Comes To Life And Mastercard Has Created It
Mastercard, the financial service provider has announced the launch of a new tool that is to offer a utility that is related to risk management. Mastercard Launches a New Service On October…
While Price Of Shiba Inu Struggles For A Rally, A New Meme Coin Is Hitting Homeruns
The past week has not seen Shiba Inu (SHIB) perform well as it has continued to move in a bearish direction. SHIB has lost 1% of its value in the past week…
Billionaire Opens Up About Future Of Cryptocurrencies And Their Potential To Replace Banks
The cryptocurrency industry has been growing more attractive to people with every passing day as it did in the past. This is because the interest of people has started to drift away…
Latest EU Sanctions To Limit Russians’ Access To European Crypto Services
EU member states are discussing new sanctions for Russia amidst the escalation of the conflict in Ukraine and these include limiting access to European crypto services for Russians. Earlier this year, the…
XRP And UNUS SED LEO Emerge As Top Gainers In Today’s Trading Session
Today’s cryptocurrency trading session has proven to be a good sign for cryptocurrencies in general. Most of the cryptocurrencies have recorded a rally in their trading prices but none have matched the…
India Freezes Bitcoin At Binance Amidst Wazirx Investigation
According to the Enforcement Directorate (ED) in India, it has frozen a total of 77.6 bitcoins that were transferred from Wazirx, the Indian crypto exchange, to Binance. This freeze is part of…
Circle Acquires Elements To Increase Cryptocurrency Payments Scalability
On September 29 at the Converge 22, Circle made a major announcement promising for the cryptocurrency community. Circle Acquires Elements Circle, a major financial technology firm announced during an event that it…
Russia Is Planning Next Steps For Digital Ruble
The digital ruble, the central bank digital currency (CBDC) project of the Bank of Russia, is slated for release in the next year. But, the country is already making plans for what…
Stablecoin Markets Shift With Binance Launching USDC Conversions
Binance has begun the conversion of TrueUSD, Paxos’ Pax Dollar and Circle’s USDC holdings into its own stablecoin, Binance USD (BUSD) and the stablecoin markets are already feeling the impact of this…
California Cracks Down Against 11 Crypto Companies
A crackdown was launched by the Department of Financial Protection and Innovation (DFPI) in California against 11 crypto firms that are believed to be in violation of California’s securities laws. Reports indicate…
More Trouble For Grayscale Investors As It Drops To All-Time Low
It appears that Grayscale Bitcoin Trust (GBTC) has not managed to hit a bottom yet because last Friday saw the shares of the biggest Bitcoin fund in its history shed 35.18%. With…
Following Ethereum Merge, GPU Prices In China Have Recorded A Major Dip
It has been less than 15 days since the Merge was implemented on the Ethereum blockchain. The upgrade reportedly moved the Ethereum blockchain consensus from proof-of-work (PoW) to proof-of-stake (PoS). Mining Rigs…
Crypto Is Losing Demand As A Payment Method, Claims JPMorgan
JPMorgan has recently made a statement claiming that the demand for cryptocurrencies has been falling as a payment method/tool. Crypto Losing Traction as a Payment Method The investment division of JPMorgan, one…
Federal Police Of Brazil Has Launched An Operation Against Money Laundering Operations
The Federal Police of Brazil made an announcement on September 22nd in regard to launching an operation against money laundering activities. The Brazilian Police will not be carrying out the operation on…
Israeli Regulator Grants License To Digital Asset Exchange Platform
The ISACA (Insurance & Savings Capital Market Authority), which is the capital markets regulator in Israel, recently granted a license to Bits of Gold. The company received a license to operate as…
With Dogecoin’s Recent Rally, Investors Want To See Other Meme Coins Experience Surges
In the past 24 hours, Dogecoin’s price has experienced an uptrend. As a result, the trading price of Dogecoin (DOGE) has recorded a significant surge. Dogecoin’s Price Surge The data from CoinGecko…
Tornado Cash Is Back On GitHub After OFAC Guidance
Tornado Cash, the Ethereum coin mixer that had previously been taken down is now once more back on GitHub, the software hosting website. Last month, the crypto mixer had been blacklisted by…
Binance Founder Announces Office In Romania As Part Of Expansion
The chief executive and founder of crypto exchange Binance, Changpeng (CZ) Zhao, recently announced that the exchange will be opening an office in Romania. The CEO visited the country and had a…
Nasdaq Launches Crypto Unit Amidst Increased Demand
According to Nasdaq, an increase in demand has been recorded for digital assets amongst institutional investors due to which it has launched ‘Nasdaq Digital Assets’. The new crypto unit will initially provide…