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Barclays Bans Card Payments To Binance
Barclays, a British multinational banking and financial services firm, has issued a memo to its clientele informing them regarding its new policies on debit/credit card payments to Binance, a cryptocurrency exchange that was recently identified as a non-compliant entity in a recent consumer warning by the Financial Conduct Authority (FCA) from any operation in the U.K.
In the recent consumer warning by the FCA, it was highlighted that Binance and all other brands operating under the Binance Group were not authorized to undertake its crypto businesses within the U.K. financial jurisdiction. Read More
Wyoming Approves First Legally Recognized DAO
Wyoming has cemented itself as one of the most crypto-friendly states in the U.S. with a number of cryptocurrency-friendly laws and an increasing number of cryptocurrency companies making use of these. The state has recently approved the first Decentralized Autonomous Organization (DAO) that is the first to be legally recognized in the U.S.
Although many states seem to be catching up to the benefits of blockchain technologies, Wyoming has stepped far ahead of other U.S. states with its crypto-friendly laws. Crypto companies that are registered in the state include Ripple and Kraken. Read More
Crypto mining firm Argo Blockchain eyes secondary Nasdaq listing
After becoming the first blockchain firm to list on the London Stock Exchange, Argo Blockchain is now looking at a potential secondary listing on the Nasdaq.
Argo Blockchain said that the firm has not yet reached a decision on the timing of the secondary listing, noting that “there is no guarantee that the listing will be finalized.” “Any proposed listing is subject to market and other conditions, and there can be no assurance as to whether or when the proposed listing may be completed,” the company stated. Read More
How this trading platform is helping users hold on to their crypto
Holding on to cryptocurrencies can be difficult at the best of times, but this trading platform is offering a solution that may make things easier.
eToro supports staking, which means that those who purchase and hold supported cryptocurrencies on its platform have a way of growing their capital.
According to the platform, the mechanism that’s used to achieve this is not dissimilar to the way that interest accrues in a savings account. Read More
Brazilian ‘King of Bitcoin’ Busted for Alleged $300 Million Fraud
Cláudio Oliveira was president of the Bitcoin Banco Group, a Brazilian financial management firm that reported the disappearance of 7,000 BTC in 2019.
Cláudio Oliveira was arrested in Brazil - Authorities also confiscated cash, cars, and crypto-wallets. Read More
Bitcoin.org Reportedly Hit With DDoS Attack, Ransom Demand
Attackers have demanded a ransom of 0.5 Bitcoin, the site’s operator told Decrypt.
Information resource Bitcoin.org got hit with a DDoS attack today, according to its operator.
The “overwhelming” attack overloaded it with useless traffic.
Attackers have since reportedly demanded a ransom of 0.5 Bitcoin. Read More
MARKETHIVE AIRDROPS AND MICROPAYMENTS EXPLAINED
Markethive’s Hivecoin will not depend on speculative value as is the case with other cryptocurrencies and platforms, thereby creating eternal economic velocity in the entrepreneur ecosystem within Markethive. This is a fundamental difference from the other systems currently out there today. The Markethive system has been developed to produce revenue in the traditional sense, with the added benefits of the blockchain taking it to the next level.
The Faucet system is a reward system similar to the Hive Rank but earns you coins for your activities. As I mentioned earlier, the first Faucet invented was the Bitcoin faucet launched by Gavin Andresen, one of the earliest Bitcoin developers, in June 2010. At that time, Bitcoin was about 8 cents. It gave out five Bitcoins a day until 2011 when it ran out of coins. Read More
Twitter Permanently Suspends Splinterlands Account for Unspecified Violations
After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service permanently as social media giant Twitter refuses to respond to appeals. Read More
4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. Read More
Bitcoin Becomes One of the Most Sustainable Industries This Year: Report
The sustainability of the Bitcoin mining industry has significantly increased this year, according to a report published by the association of miners that was formed following the backlash on BTC’s energy use.
In a new report, the Bitcoin Mining Council (BMC) says the results of its first voluntary survey that looked into the electricity consumption and sustainable power mix of 32% percent of the world’s Bitcoin network. Read More
Cardano Aims to Onboard 50 Banks and Ten Fortune 500 Companies Over the Next 5 Years
Cardano’s goals by 2026 include onboarding 50 banks, working with ten Fortune 500 companies, and having one billion users employing the blockchain.
Cardano’s shorter-term goals include onboarding at least 50 banks to use its native cryptocurrency – ADA, said the Foundation’s CEO, Frederik Gregaard. While laying down the targets for the next several years, the executive further asserted that three Fortune 500 companies could use the token within three years, and the number might rise to ten by 2026. Read More
Blockchain-based Polys introduces new voting methods and usability improvements
Polys, a blockchain-based voting platform from the Kaspersky Innovation Hub, has been enhanced with new voting methods to support common customer requests.
The platform has also been updated with new features for organizers that make election administration and orchestration easier.
Over the past year, various aspects of people’s lives have moved online, including making joint decisions. That has led to the number of sessions on Polys increasing threefold in this period.
The immutable and decentralized nature of blockchain makes it a perfect technology for e-voting in conditions and industries with high-security requirements. And with the growing popularity of blockchain-backed elections, the need for new voting methods appeared. Read More
Charles Hoskinson Claims Cardano Network Has “Thousands of Assets”
IOHK CEO Charles Hoskinson has claimed that there “thousands of assets” on the Cardano network in response to a recent criticism leveled against the cryptocurrency by the Twitter account Undervalued Cryptos. Hoskinson retorted that there are “tons” of developers learning, training, and writing about the ecosystem and many applications are launching on the network. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
