NGO Motiv Inc. recently launched 16 circular bitcoin economies in Peru.The NGO has released a series of programs for the communities to encourage financial inclusion.Motiv provides tools to transact in bitcoin, build companies and higher education opportunities. Motiv Inc., a non-government organization (NGO) dedicated to financial inclusion, has released its curriculum of Life Saving Step Programs which help underdeveloped communities…
FLOW was trading higher on Thursday, as the token rallied upward following seven straight days of declines. The surge comes despite the global crypto market capitalization trading 1.14% lower as of writing. Shiba inu fell by nearly 10% in today’s session. FLOW FLOW was one of Thursday’s notable movers, as the token rebounded following seven consecutive days of declines. The…
As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs) in filmmaking has been highlighted in a Cointelegraph interview with Jake Fraser, the head of business development at the film-focused blockchain project Mogul Productions. When it comes to DAO usage in films, a deeper level of fan engagement was highlighted…
Ah, Tether—the most popular stablecoin, pegged to the U.S. Dollar and backed by cold, hard cash. Among other assets, as it was eventually forced to admit. Now, Tether Limited has announced that it’s hired BDO Italia as its new accounting firm, with a brief to produce monthly attestation reports for its stablecoin UST’s reserves. Tether and Bitfinex CTO Paulo Ardoino…
Tl;dr Coinbase has seen a concerning increase in fraudulent cryptocurrency investment platforms that are sourcing victims through connections on dating apps and social media. We are encouraging our users to be vigilant against this type of social engineering scam. The Coinbase Security team has previously submitted the domains in this blog, in addition to several other related domains, to Google…
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. As the Financial Giant’s Market…
Australian consumers can now use bitcoin for everyday purchases at over 175 OTR locations and 250 Peregrine Corp. locations. OTR partnered with Crypto.com to provide instant fiat conversions from bitcoin to Australian dollars for the merchants. DataMesh Group provides payments infrastructure to bridge the gap between OTR and Crypto.com. Australian consumers can now use their bitcoin for everyday purchases at…
The Prudential Authority of the Reserve Bank of South Africa sent out guidelines in effort to prevent illicit activities to its subsidiaries, which included encouragement not to cut off all ties with cryptocurrency. It suggested that such an act could cause greater risk in the long run. The official notice was signed by the Prudential Authority CEO, Fundi Tshazibana. In…
In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate around what crypto services providers would choose between decentralization and censorship in form of compliance. The question has become more prominent as Ethereum (ETH) is moving from its current proof-of-work (PoW) blockchain to…
Unregistered cryptocurrency exchanges operating in South Korea could see their services grind to a halt as the Korea Financial Intelligence Unit (FIU) takes action against 16 foreign-based firms. The FIU has notified its investigative authority that 16 virtual asset service providers have been carrying out business without the necessary registrations. Major exchanges, including the likes of KuCoin, Poloniex and Phemex,…
