On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation. Chinese Miners Are Focused on Relocation, Canaan Opens Mining Rig Service Center […]
Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […]
Investment product issuer 21Shares will list Bitcoin ETP on Aquis Exchange
The announcement comes the same day as ETC Group’s Bitcoin ETP began trading on the same exchange. Switzerland-based 21Shares, formerly known as Amun, has said it will make its Bitcoin (BTC) exchange-traded product available to traders in the United Kingdom through the Aquis Exchange. According to an announcement from 21Shares, its Bitcoin exchange-traded product (ETP) will […]
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world how to trace cryptocurrency,” one senator said, adding that “We’ve got to do a better job here.” Senators Urge Lawmakers […]
DeFi project Dfyn buzzes to $200m TVL, secures 3 major partnerships just weeks after launch
Dfyn Network, the multichain, low-fee automated market maker (AMMs) exchange, has become an IDO success story just weeks after launch, boasting over $200 million in total value locked, thousands of users, and partnerships or grants from top crypto projects. The exchange is currently live on the Polygon network and has emerged as the fastest-growing DEX […]
Former U.S. President Donald Trump Says He Doesn’t Like Bitcoin Because It Competes With Dollar
Former U.S. President Donald Trump told Fox Business that he doesn’t like bitcoin because it competes with the dollar. Former U.S. President Donald Trump told Fox Business that he doesn’t like Bitcoin because he sees it as a competitor to the dollar. “Bitcoin just seems like a scam,” said Trump in the interview. “I don’t […]
Technicorum Group Collaborates with Singer/Songwriter Ani Conner
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. for launch of First-Ever NFT by a Swedish Music Artist e-cryptonews.com Continue reading Technicorum Group Collaborates with Singer/Songwriter Ani Conner at E-Crypto News.
Sheesha Finance and Draper Gorem Holm to Support the Best DeFi Startups
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading Sheesha Finance and Draper Gorem Holm to Support the Best DeFi Startups at E-Crypto News.
Global banking regulator plans to hold consultation on crypto exposure
The group has previously warned of “financial stability concerns” and risks faced by banks when it comes to cryptocurrencies. The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto. According to the Switzerland-based Bank of International Settlements, or BIS, the […]
MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
The company’s stock has dropped by more than 60% after topping out at $1,135 in early February. A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63% since February already. Nevertheless, the business intelligence company has ignored the risks of its frothy valuations, and it now […]