Bastyon’s messaging app would include end-to-end encryption, no link to phone number or any other metadata making it the most private messenger. Pocketnet, the social network based on proof-of-stake blockchain technology, enters a new phase of growth by changing its name to Bastyon and by releasing a brand new private messaging component. This new crypto […]
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however, the Nepalese have continued to invest in bitcoin, media reports reveal. Engaging in Illegal […]
Why aelf (ELF) marks a new era in the future digital economy
In the fast-paced world we currently live in, the finance sector has an opportunity to use cloud computing technology to drive growth, improve customer experiences and stay relevant with ever-changing compliance regulations. Cloud computing remains a potential game-changer for how financial services organizations will operate in the future. A new era: aelf offers a solution […]
Former CFTC brass joins Andreessen Horowitz as an advisor
The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation. Crypto regulation has become an increasingly relevant topic over the past several years. To address these legal ins and outs amid the ever-changing regulatory waters, VC firm Andreessen Horowitz has called upon a previous leader of the United States Commodity Futures […]
Swiss Exchange SIX granted approval to launch crypto marketplace
The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT. The Swiss Financial Market Supervisory Authority, or FINMA, have today announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology. Initially intent on […]
Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled by 9.99% since then. […]
SEC charges former 4chan favorite Rivetz over $18 million ICO
Rivetz has been charged by the US Securities and Exchange Comission (SEC) over its $18 million initial coin offering (ICO) in 2017, a recently released litigation show. The blockchain hardware firm was founded in 2013 and held an ICO in 2017, when the fundraising-via-coin mania was at its peak. More than 7,200 individuals invested in […]
Bitcoin Prevents Monetary Control, Whether Those In Control Like It Or Not
The peer-to-peer monetary network doesn’t discriminate between race, gender, religion, or political inclination. A Wall Street Journal report has claimed how bitcoin adoption in Afghanistan has catapulted since Kabul fell for the Taliban as citizens seek ways to put their hands on hard money in the midst of a political crisis and monetary sanctions from […]
Survey: 48% Of Brazilians Want To Make Bitcoin A Legal Currency
Brazilians were the biggest supporters of El Salvador’s move among all countries surveyed and want to replicate that in their country. A survey performed by Sherlock Communications through the research platform, Toluna, found that 48% of Brazilians think their country should adopt bitcoin, with 31% agreeing and 17% strongly agreeing with the idea, reported local […]
Diem struggling to win over officials in Washington despite rebranding efforts
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers. Facebook’s ambitious digital currency payment project Diem is yet to get off the ground despite concerted attempts to win over financial regulators. According to The Washington Post on Friday, Diem is facing difficulties […]