sponsored Blockchain developers can find it very daunting to attract an audience these days, when so many new ventures are hitting the market at an ever increasing pace. This is why Smart Marketing Token stepped up to help projects with promotion, so they can reach all their goals and spread the word about blockchain technology around the globe. SMT Is…
The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect to go with a more open approach to crypto.For Ukraine, the latter path appears to be the case, with the government encouraging legalized crypto operations within the country. Ukraine’s seemingly…
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims its Minit Money application has…
The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.The People’s Bank of China (PBoC) officially announced on Sept. 24 a set of new measures to fight against crypto adoption in China, including promoting stronger inter-departmental coordination in cracking down crypto activity.10 Chinese state…
Want to borrow a few Bitcoins, or have some spare cryptocurrency? In both cases, you might be interested in finding a reliable crypto lending platform. They provide the opportunity to get a loan with Bitcoin without visiting banks or meeting with other BTC holders. However, when it comes to the financial sphere and cryptocurrency, cybercriminals don’t miss the opportunity to…
Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. China: Don’t believe the “FUD”Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it abruptly fell from $45,000 to near $42,000.The kneejerk move came as a…
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank of Russia Blacklists Crypto Platforms As part of its monitoring of the financial sector,…
Bitcoin (BTC) hit four-day highs of $45,000 on Sept. 24 as the market digested news that Twitter had enabled BTC tipping.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTwitter stock surges 3.8% on Bitcoin newsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,180 on Bitstamp.The largest cryptocurrency had struggled to overcome resistance at $44,000, but the Twitter announcement provided some…
According to the findings of one study, nearly 91% of deaths from natural disasters recorded between 1970 and 2019 occurred in developing countries. This study adds that such a high number of deaths is largely due to a lack of early warning systems and disaster management protocols. Using Blockchain to Store Climate Data It has been shown that improvements in…
The rapid adoption of cryptocurrencies like Bitcoin (BTC) poses a major challenge for the traditional financial system, an executive at the Chinese central bank has warned.Wen Xinxiang, director of the payment and settlement department at the People’s Bank of China (PBoC), has expressed concerns over the growing popularity of cryptocurrencies and fiat-pegged stablecoins.Pointing to Bitcoin’s market value now surpassing $800…
