With its community continuously looking for new chains, and after its successful deployment on the Binance Smart Chain (BSC), the protocol is already working on its expansion on other chains, with its next stop being Polygon.  Ready For Polygon Integration  Tornado.Cash has already laid the groundwork for its deployment on Polygon, with the protocol ready […]

Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of […]

Faster Payments is no longer an option for Binance customers in Britain amid increasing regulatory pressure. Binance’s U.K. customers are currently unable t use the popular local payments provider, Faster Payments, to withdraw British pounds (GBP) from the exchange.  On Monday, June 28, a notice on the Binance website declared that GBP withdrawals via Faster […]

AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims that he and his brother ran off with billions in investor funds, asserting the platform lost $5 million in […]

JPMorgan Chase has released an investor note stating that the cryptocurrency market appears “to be beginning the process of healing.” In the short term, however, the JPMorgan analysts expect further sell-offs before capitulation. JPMorgan’s Crypto Market Outlook JPMorgan Chase’s analysts, including Josh Younger and Veronica Mejia Bustamante, wrote about the outlook of the cryptocurrency market […]

Overview Total spot trading volume at $947.1 million, the 30-day average is $1.34 billion. Total futures notional at $326.9 million. The top five traded coins were, respectively, Bitcoin (-0.7%), Ethereum (+5.0%), Tether (0%), USDC (0%), and Cardano (-1.0%). Strong returns from Kusama (+23%), Compound (+20%), and Balancer (+15%). June 28, 2021  $947.1M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $34471. ↓0.7% $296.9M ETH $2083.4 ↑5.0% $283.8M USDT $1.0002 ↑0.0% $197.8M USDC $0.9999 ↓0.01% $32.0M […]

A Paraguay official changed course on what was an unprecedented development in crypto circles: That of the Latin American country legalizing Bitcoin as legal tender on the back of a similar move in nearby El Salvador. But the sentiment has now proven short-lived as Carlos Rejala, a Paraguayan congressman rectified the statement in an interview […]

Wood recently asserted the crypto downtrend has improved the chances of a Bitcoin ETF securing regulatory approval. Ark Investment Management has become the latest firm to file for a Bitcoin exchange-traded fund (ETF). According to a June 28 filing with the United States Securities and Exchange Commission (SEC) submitted in partnership with European exchange-traded product […]

A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is “important to support” it. “This document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,” said the Dogecoin developer who submitted the proposal. Elon Musk […]

Developer Ross Nichol is publicizing plans to reform the fee policy on controversial meme token Dogecoin. With Dogecoin’s monumental rise in value this year, network fees have also risen. In turn, this has led to an unnecessary dis-incentivization of on-chain transactions. To counter this problem, devs are looking at fee policy changes which will see […]