Category: Altcoin

10
Jul
2023
Posted in Altcoin

Ethereum’s new standard to Combat hacks- ERC-7265

As we all know, Ethereum is a blockchain platform that runs smart contracts and due to this, the Ethereum platform is more prone to hacking and other cybercriminal activity. The…

07
Jul
2023
Posted in Altcoin Blockchain

Coinbase returns crypto worth thousands to a stranger

As the saying goes, goodwill is the only asset that competition cannot undersell or destroy. The same thing happened with the cryptocurrency exchange, Coinbase.  Coinbase, one of the largest cryptocurrency…

06
Jul
2023
Posted in Altcoin Policy and Regulation

DBS Bank rolls out a new tool for digital yuan users

DBS Bank will be rolling out a set of new solutions for its digital yuan users in China. Also called e-CNY, the digital yuan is China’s central bank digital currency…

06
Jul
2023
Posted in Altcoin Blockchain

Binance hits pause on support to tokens minted on multi-chain project

Leading cryptocurrency exchange Binance seems to be courting controversy yet again after it announced that it was suspending support for withdrawing and depositing many cross-chain tokens that are linked to…

05
Jul
2023
Posted in Altcoin Policy and Regulation

UK Passes Bill for Preventing Criminal Misuse of Cryptocurrency Assets 

A new bill has been passed in the UK parliament to stop cryptocurrency from circulating that would cause criminal activity relating to digital assets. In September 2022, the bill was…

05
Jul
2023
Posted in Altcoin

Chinese city Jinan to allow passengers to pay for bus rides with digital yuan

In a move that marks the wide-ranging utility of cryptocurrencies in daily life, the Chinese city Jinan recently rolled out a new scheme whereby its citizens would be able to…

04
Jul
2023
Posted in Altcoin

TON blockchain launches new messaging system

The Open Network (TON) is a blockchain-based decentralized computer technology that was developed by the Telegram network team. In May 2020, the Telegram team withdrew this project after litigation from…

04
Jul
2023
Posted in Altcoin

Citing high cybercrime rate, Belarus planning ban on P2P crypto exchanges

Belarus has officially started working on legal amendments that would ban permissionless transactions involving cryptocurrencies like Bitcoin, according to reports. The move is believed to be guided by the Belarusian…

04
Jul
2023
Posted in Altcoin

Ripple $XRP continues bearish streak: Will the SEC verdict finally trigger bull action?

Ripple has faced a lot of bearish action ever since the $XRP token was delisted by many exchanges after the legal clampdown by the SEC. However, Ripple has defended itself…

03
Jul
2023
Posted in Altcoin Blockchain

For its spot trading ETF, Cboe names Coinbase as a partner for surveillance-sharing agreements

The Chicago Board Options Exchange’s (Cboe) BZX Exchange announced leading crypto exchange Coinbase as its surveillance partner for its Bitcoin spot trading Exchange Traded Fund (ETF) while refilling applications with…

03
Jul
2023
Posted in Altcoin

The latest Crypto hack issued Billions of Worthless Cryptocurrency Tokens

Along with the increase in cryptocurrency trading, hackers have taken over the world of cryptocurrency as well, costing millions to investors.   It’s important to be careful in which crypto to…

03
Jul
2023
Posted in Altcoin

LUNC Burning mechanism – The strategy for a possible price surge

The burn mechanism has been the common strategy adopted by cryptocurrencies to reduce the risk of inflation and to promote long-term investment. Terra Luna Classic (LUNC) has used the burn…

03
Jul
2023
Posted in Altcoin Policy and Regulation

US court orders Kraken to turn over its users’ account info to IRS

A US court on June 30, 2023, ordered cryptocurrency exchange Kraken to submit details of its users’ accounts and other transactional data to the Internal Revenue Service (IRS). The agency…

01
Jul
2023
Posted in Altcoin

Coinbase Layer 2 protocol nears mainnet launch

Leading cryptocurrency exchange Coinbase’s new Layer 2 protocol Base announced that it has recently completed four of the five criteria and would soon be all set for mainnet launch. On…

01
Jul
2023
Posted in Altcoin Bitcoin

CME Group to Roll Out Ethereum/Bitcoin Ratio Futures in July

The Chicago Mercantile Exchange (CME) Group on June 29, 2023, announced that it will be rolling out Ether/Bitcoin Ratio futures. The futures contracts are slated to be launched on July…

30
Jun
2023
Posted in Altcoin Policy and Regulation

The new tax rule of Slovakia might help to increase the demand for Crypto

Slovakia has been an early adopter of cryptocurrencies since the year 2018. Slovakia has come a long way from cryptocurrencies not having a robust legal framework to passing the bill…

30
Jun
2023
Posted in Altcoin

deBridge Introduces Innovative Feature Enabling Seamless Access to Ethereum-Based Blockchains for Solana Users

deBridge, a cross-chain bridge solution, has unveiled a groundbreaking feature that allows users on the Solana blockchain to easily access applications on Ethereum-based blockchains and vice versa. This development eliminates…

28
Jun
2023
Posted in Altcoin DeFi

Chibi Finance executes $1-million rug pull, CHIBI token heads south

Chibi Finance has been accused of leaving its token holders high and dry by executing a rug pull worth $1 million. As per reports, the Chibi Fiance team is allegedly…

28
Jun
2023
Posted in Altcoin

Bitfinex rolls out new P2P platform for Columbia, Argentina, and Venezuela

Expanding its footprint in Latin America, leading digital asset trading platform Bitfinex announced the rollout of a peer-to-peer platform for crypto users in Venezuela, Columbia, and Argentina. To be called…

28
Jun
2023
Posted in Altcoin DeFi

Optimism Network Transactions Surge 67% Following Bedrock Upgrade, Unleashing the Power of Layer 2

In a remarkable development for the Ethereum ecosystem, the Optimism layer-2 network has witnessed an astounding surge of 67% in transactions following its highly anticipated June 7 “Bedrock” upgrade. Blockchain…