Category: Cryptocurrency


Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report


crypto.comA new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency, and El Salvador establishing […]


Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology


Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ TechnologyGabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives. Don’t Ignore the Positive Elements of Crypto Technology, Central Bank […]



Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation


robinhoodRobinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion. Robinhood trading will open today, with its shares trading under […]


New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender


New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto LenderOn July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile, the company also has issues with Vermont’s Department of Financial […]


Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto Assets


Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto AssetsResearchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private information as well such as a record of the whereabouts of valuable items. Russian Universities to Provide Service Allowing Crypto […]


Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated


Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin DonatedIn mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid out. It’s Not […]



Iran Raises Alarm Over Potential Influx of Miners From China


Iran Raises Alarm Over Potential Influx of Miners From ChinaWith the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from China. Tavanir Warns […]


Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows


Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies GrowsThe growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency as payment while others are using the same to buy important supplies. Use of Sarafu […]


Goldman Sachs Files Defi ETF Application


Goldman SachsGoldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi assets with the help of a regulated bank like Goldman […]


Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges


Banks in Kazakhstan to Open Accounts for Registered Crypto ExchangesCompanies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted […]


Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges


brazilianThe Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were directed to find shell companies that used cryptocurrency exchanges for alleged money laundering purposes. Brazilian Police Seize $33 Million […]


Finder’s Experts Predict Ethereum Will Reach $4.5K This Year, $18K in 2025


ethereumEthereum will have a very bullish year, according to a price prediction poll made by Finder. The average price that the second-ranked crypto asset by market capitalization will reach this year is about $4.5K, according to polled experts in the cryptocurrency industry. The panel is also bullish about ethereum long term, expecting a price of […]


Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security


Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol SecurityThe Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug […]


Crypto Companies Establish Presence, Hire Talent in Ireland


Crypto Companies Establish Presence, Hire Talent in IrelandWith a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players now looking to hire local talent. Major Crypto Companies Set Up European […]



A Deeper Look Into The Pirate Bay’s Mysterious ‘Piratetoken’ Soft Launch


A Deeper Look Into The Pirate Bay's Mysterious 'Piratetoken' Soft LaunchIn mid-May, the popular and perhaps the largest torrent tracker on the internet, The Pirate Bay, mysteriously revealed a new cryptocurrency called piratetoken (TPB). The token has seen a 20% gain in 30 days and following the quiet launch, the torrent tracker’s website explained that the new piratetoken is a soft launch for a myriad […]


Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support


Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K SupportThe senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […]


Chinese Miners Pivot to Alternative Currencies to Keep Operating


chineseThe Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners as ways to continue their work away from […]


Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024


Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year. Strategy for Crypto Market […]


Argentinian Province Misiones Plans to Issue Its Own Stablecoin


misionesThe Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law, the Missionary Financial Innovation Program with Blockchain and Cryptocurrency Technology, proposes. Misiones will also use a blockchain to issue documents and certificates to digitalize much of its work. Misiones to […]



John McAfee’s Widow Is Still Extremely Skeptical of Her Husband’s Alleged Suicide


John McAfee's Widow Is Still Extremely Skeptical of Her Husband’s Alleged SuicideFollowing a report from John McAfee’s biographer, the former antivirus tycoon’s widow Janice McAfee has taken to social media to disclose a number of findings. During the first week of July, McAfee published a note that said there was “no sense of urgency” toward the investigation into John’s death by Spanish authorities. A week later, […]


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