The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus […]
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Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” Cryptocurrency exchange Bitfinex deployed its proprietary market surveillance tool to combat market abuse on the platform called “Shimmer.” According to an announcement shared with Cointelegraph on March 24, Shimmer is meant to identify and investigate possible manipulative […]
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Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. On March 24, Crypto.com announced the collaboration with crypto tax calculator CoinTracker, crypto […]
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With many now working remotely, blockchain conferences have also been either postponed, canceled or moved online to avoid the coronavirus. The number of coronavirus cases worldwide is rapidly getting close to 400,000, with many industries and businesses affected around the world. The crypto market has been no exception. Bitcoin’s (BTC) price initially reacted with a […]
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Forte Labs, a known partner of Ripple’s ecosystem project Xpring, has joined new big game developers like Hi-Rez Studios and Netmarble. Amid the increasing adoption of blockchain technology in the gaming industry, some of the world’s biggest game developers like South Korean Netmarble are partnering with blockchain gaming startup Forte Labs to streamline blockchain-powered game […]
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India’s relationship with blockchain and cryptocurrency hasn’t been clear, but the country has the potential to become a global leader in the upcoming fintech revolution. India’s cryptocurrency ecosystem has been in limbo since the country’s central bank barred banks from dealing with cryptocurrency exchanges in 2018. As of March 4, the Supreme Court of India […]
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A scam YouTube account is impersonating Ripple CEO Brad Garlinghouse to promote a fake 50 million XRP airdrop. Despite YouTube’s many aggressive actions against cryptocurrency-related content, the world’s most popular video-hosting website is apparently having trouble discovering a major scam account involving crypto. On March 23, the crypto community spotted a bogus YouTube account impersonating […]
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A reversal of Monday’s losses for stocks sees only minor reactions on Bitcoin markets, as analysts stay firmly hawkish. Bitcoin (BTC) jumped over $100 as Wall Street opened on March 24, markets broadly gaining amid hope of the United States agreeing a $2 trillion coronavirus rescue package. Cryptocurrency market daily overview. Source: Coin360 BTC price […]
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Uniswap announced the planned release of the second major version of the platform, which will feature a better price feed oracle while introducing a variant of the flash loan. The Uniswap decentralized exchange announced on March 23 a planned release of its second major version, Uniswap V2. Among the major features, the new platform will […]
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The Ministry of Economic Development of the Russian Federation introduced a draft law that would allow the testing of crypto in a regulatory sandbox. Amid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment. The Ministry of Economic Development of the Russian […]
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