The bridge integration will make the stablecoin available on the Syscoin blockchain for the first time. Major cryptocurrency exchange Binance plans to use a bridge between the Syscoin and Ethereum blockchains to move its Binance USD (BUSD) stablecoin between them. The bridge developed by the Syscoin Foundation will allow BUSD holders to move their tokens […]
Continue Reading
Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918. The Bank of Lithuania has released a digital, blockchain-based collector coin dedicated to the country’s Act of Independence of 1918 and its 20 signatories. Claiming a world first, the central bank says the digital coin […]
Continue Reading
Volatility is firmly on the radar as non-exchange balances suddenly decline by 700,000 ETH within just three days and resistance topples. Major investors in the biggest altcoin Ether (ETH) likely moved almost $200 million to exchanges in a fresh hint that price volatility will now hit. Data from on-chain analytics resource Santiment on July 23 […]
Continue Reading
The addition of the OMG Network token on Japanese crypto exchange GMO Coin indicates that the digital asset has been approved by regulators. The body for regulating digital assets in Japan, the Financial Services Agency (FSA), has whitelisted OMG Network’s native token for trading. According to a July 22 announcement from GMO Coin, the Japanese […]
Continue Reading
The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto. Reggie Middleton, the chief executive of crypto company Veritaseum, is suing telecommunications provider T-Mobile for allegedly enabling the theft of […]
Continue Reading
Apple co-founder Steve Wozniak has joined the legal fray in suing YouTube over fake crypto giveaways using his image. Lawyers for Steve Wozniak and 17 other people adversely affected by fake Bitcoin giveaway scams on YouTube have sued the platform and parent company Google for not acting quickly to ban such content. According to a […]
Continue Reading
Bitcoin price broke out from a tightening range to rally above $9,500 but will it hold above the crucial resistance level? Within the last hour Bitcoin (BTC) price broke out of its sideways range to briefly push above the $9,500 level. The move comes after a slight uptick in daily trading volume since Monday (July […]
Continue Reading
Investors tell us that something has gone wrong within a once-hot crypto company. A number of people who invested in a cryptocurrency company are claiming that the company is scamming its users. The fund in question is called AMFEIX, which promised high-yield monthly returns to its users and supposedly raised more than $60 million in […]
Continue Reading
Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions. Anti-Money Laundering and Combatting the Financing of Terrorism regulations demand that financial companies follow strict guidelines in order to curb and track illicit activity. Staying in compliance […]
Continue Reading
Many altcoins could pick up momentum If Bitcoin and Ethereum break above key resistance levels in the coming days. Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences […]
Continue Reading