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…
Better Business Bureau Warns Of Tiktok Crypto Investment Scams
The Better Business Bureau (BBB) recently issued a warning about cryptocurrency scams happening on Tiktok. The BBB said that many people were coming across videos on Tiktok showing a pile of cash…
CFTC Gears Up For Oversight Of Crypto Market
Should the Digital Commodities Consumer Protection Act be passed as a law, it would give ‘full oversight capabilities’ to the Commodity Futures Trading Commission (CFTC) in the US. The regulatory authority has…
ECB Selects Companies Including Amazon For Digital Euro Development
Five companies have been chosen by the European Central Bank (ECB) for helping it in developing the user interfaces required for a digital euro. Every company will collaborate with the ECB and…
Report Shows Ethereum’s Carbon Footprint Down 99.99% After Merge
The long-awaited merge of the Ethereum network was successfully completed and it had been designed to cut down the overall energy consumption of the blockchain network drastically. Apparently, it has accomplished this…
Head Trader Of Global Crypto Ponzi Scheme Pleads Guilty In The US
The US Department of Justice (DOJ) recently disclosed that the head of a global crypto investment fraud scheme of around $100 million has pleaded guilty. They could now be facing five years…
Bank Of Bahrain Shows Interest In Bitcoin Asking Opennode To Provide Infrastructure For BTC Payments
Despite the downfall, the adoption level for cryptocurrencies, and especially Bitcoin is showing no signs of stopping. The adoption that began from an individual level has moved up to a level where…
Russia’s Rostec To Test Digital Asset Payments In Foreign Trade
Rostec is recognized as one of the top tech companies in Russia and it is now working on a project that involves the integration digital assets to make payments in cross-border trades….