African cryptocurrency exchange Yellow Card has concluded a $15 million Series A financing round led by some of blockchain’s biggest venture funds, underscoring the growth potential of digital assets on the continent. The fundraiser, which was described as the largest ever by any African cryptocurrency exchange, will enable Yellow Card to scale its operations across Africa and onboard new talent, the…
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange Binance announced Monday some changes to its offerings in Singapore. The company wrote: With effect from 2021-10-26 04:00 AM UTC (12:00…
In an online interview with Times of India, Jamie Dimon, CEO of investment banking behemoth JPMorgan Chase, slandered Bitcoin’s popular appeal, despite stating that the leading digital asset could increase 10x in a matter of five years. A historically staunch critic of Bitcoin (BTC), Dimon called it a fraud back in 2017 and cited the reported capability for criminals to evade capture…
Changelly announces the addition of the Coin98 token to the family of over 200 cryptocurrencies available on the platform. Users can now easily exchange C98 tokens at floating rates. The C98 token is the native utility token of the Coin98 platform, and it is used for paying service fees, staking incentives, for governance, and unique membership rights. The Coin98 exchange…
sponsored Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “Quantum” created back in 2014. Since then, the industry has evolved and grown into what you see today; a flourishing and wholly absorbing market built on the Ethereum blockchain, offering a mixture of scarcity and provability, which equates to real value…
Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto.The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoption in the country.Following initial restrictions made last Friday, Sparkpool will continue shutting…
In August 2017, the Bitcoin blockchain split into two separate blockchains, resulting in a new decentralized digital currency called Bitcoin Cash. The creation had been preceded by a fierce discussion on Bitcoin’s scalability problem. This report reviews the Bitcoin hard fork (BCH) and determines how the new crypto asset differs from the “elder brother” in the Bitcoin vs. Bitcoin Cash…
Bitcoin has earned its place as one of the defining technologies of the century. Every day, a new wave of people hear about it for the first time and the usual questions ensue: Am I too late to the party? How can I learn more about it? What’s the best way to buy and store my first coin? Separating the…
On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started in 2016. Gift Card Fraud Money Turned Into Bitcoin The…
Bitcoin (BTC) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst on Bitcoin: “Right now, we’re stuck”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp Monday. The move constitutes a rejection at a “critical” zone to…
