There’s no denying that the world is currently facing an unprecedented energy crisis, one that has compounded severely in the aftermath of the COVID-19 pandemic so much so that countries across the globe — especially across Europe and North America — are witnessing severe shortages and steep spikes in the price of oil, gas and electricity. Limited gas supplies, in…
South African financial service providers have been primed to offer cryptocurrency products and services to customers after regulatory amendments in the country. This comes after South Africa’s Financial Sector Conduct Authority amended its financial advisory act from 2002 on Oct. 19, defining crypto assets in the country as financial products. Most importantly, the definition means that cryptocurrencies can now be…
Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on Tuesday, as bears returned to…
The British pound’s recent volatility may be encouraging many investors to try their hand at crypto trading if findings from a recent report from Kaiko are to be believed. Bitcoin trading volumes reportedly surged on UK markets last month as traders may have looked to take advantage of high exchange rate volatility. The pound has lost a significant amount of…
A group of hackers have taken advantage of typing mistakes in order to introduce malware to Android phones and Windows-based PCs. Using a technique called typosquatting, which consists of registering domains that are dramatically near to the ones of official brands of organizations, hackers are getting data and private keys from unsuspected users, according to a report issued by Cyble.…
Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage. Users took to social media platforms like Twitter to share hilarious memes about the outage, with many flocking to alternative social media platforms to…
Kim Seo-joon, CEO of venture capital firm Hashed and an early investor in Terra, failed to turn up as a witness before a hearing of the Korean National Assembly’s Political Affairs Committee, according to a local news report on Monday. Seo-joon was one of six witnesses summoned to better investigate the circumstances that led to Terra’s $40 billion collapse back…
sponsored Did you know? Due to the decentralized nature of NFT domains, users can host decentralized websites with legitimate ownership, control, and management access. Only the NFT domain owner is capable of making modifications to the domain, which also gets rid of third-party interference and centralized control. But what is Quik.com doing here? Quik.com serves as the portal of entry…
After two days of voting, the DAO powering Compound Finance has approved “proposal-131,” which will prevent users from being able to lend relatively illiquid assets on the protocol. In this case, Illiquid assets are cryptocurrencies that cannot be readily sold or exchanged without a substantial loss in value. Generally, these types of assets are volatile and can be easily manipulated.…
The United Kingdom could be warming to Bitcoin (BTC) and crypto. Taking a timeout from Scotland’s first major Bitcoin conference, Cointelegraph spoke to Dr. Lisa Cameron, a Member of Parliament who is spending more and more time working with digital assets. Cameron told Cointelegraph: “I have spoken to companies who are involved in CBDCs and stablecoins. We’ve looked at crypto…
