Blockchain News

Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryp…

Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments, including cafes, restaurants, dentists, hair salons, and hotels.

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Indian Government Confirms Crypto Bill Is 'Awaiting Approval'

The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries.

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Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Ra…

The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market valuation.

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The Federal Reserve’s Declining Balance Sheet Is Bearish for Bitcoi…

The U.S. Federal Reserve’s balance sheet is contracting, but despite popular opinion that’s not necessarily bad news for bitcoin.

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Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments

More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops.

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Jim Rogers Discusses Bitcoin as Money and Why Governments Will Stop…

Jim Rogers, who cofounded the Quantum Fund with billionaire investor George Soros, has shared his view on bitcoin, its use as money, and governments’ response to the growing use of cryptocurrency. He predicts that central banks will not let uncontrolled money be used.

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Ex-Kraken Trading Head Leads Crypto Quant Fund With $23M in Assets,…

A little-known virtual currency fund heavy on math and statistics is turning a steady profit under a lead trader who once oversaw a major cryptocurrency exchange.

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Estonia Revokes 500 Crypto Firms' Licenses After $220 Billion Money…

Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank.

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Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum

Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies.

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South Africa Leads Crypto Revolution in Africa – Challenges Spur an…

Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country.

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Japan Implements Significant Changes to Cryptocurrency Regulation T…

Major changes are happening in the cryptocurrency space in Japan as new cryptocurrency regulation enters into force today. Among notable changes are the regulation of crypto custody service providers and crypto derivatives businesses. Japan has 23 regulated crypto exchanges; unregulated platforms have modified their terms of service affecting Japanese residents.

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US Transportation Dept. Says Blockchain Could Bring More Trust to C…

Safety and data protection are major concerns when it comes to the growing use of commercial drones, but blockchain could provide a working solution, according to a recent report by the U.S. Department of Transportation (DoT).

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SEC, Kik Continue Court Clash Over $100M Kin Token Sale

The SEC and Kik both filed oppositions to the other party’s motions for summary judgement late Friday, reiterating their arguments in the case and their respective takes on whether statements collected during the court battle to date are complete and accurate. 

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Making Money on Lockdown: 5 Effortless Ways to Earn Cryptocurrencie…

The various government responses to the coronavirus caused a lot of havoc across the global economy and millions of people are now out of work. A number of nation states have not lifted the lockdowns and no one’s really sure when the slew of shutdown industries will open again.

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Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage L…

Swiss holding company Crypto Finance AG has closed a $14.5 million Series B funding round co-led by Swiss investor Rainer-Marc Frey, Beijing-based private equity firm Lingfeng Capital and joined by Hong Kong’s QBN Capital.

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Hundreds of Darknet Listings Are Selling Masks and PPE Products for…

According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits.

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Deutsche Bank Envisions Post Covid-19 Economy Accelerating Digital…

Since the covid-19 outbreak wreaked havoc across the world’s economies, the global multinational investment bank Deutsche Bank has been encouraging the use of digital currencies.

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BIS Researchers Say Coronavirus Could Spur Central Banks to Adopt D…

Researchers at the Bank for International Settlements (BIS) think COVID-19 may accelerate the adoption of digital payments and sharpen the debate over central bank digital currencies (CBDC).

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Coronavirus Relief: Cryptocurrency Aid Programs Launched to Combat…

Cryptocurrencies are being used to help fight the global coronavirus pandemic. Crypto companies are doing their part to provide coronavirus aid to countries, hospitals, and people suffering from covid-19. A coronavirus relief campaign, a Red Cross bitcoin fundraiser, and an investment fund are some coronavirus relief initiatives involving cryptocurrencies.

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Here’s How to Order Food From Your Home Using Cryptocurrency

Staying home during the coronavirus epidemic reduces the risk of getting infected with the deadly covid-19. The disease, which has already claimed the lives of over 20,000 people globally, spreads through human contact. Food is one of the few basic necessities that can regularly get you out of your house.

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While You're Under Quarantine, Check These Sites for Remote Crypto…

If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home.

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6 Crypto Websites Blocked by Russia’s Media Watchdog, Including New…

In what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum section of Bits.media, a leading crypto news outlet, is among the internet pages that have been blacklisted this month.

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That AlphaPoint $5.6M Funding Round? It’s a Band-Aid

The recent $5.6 million injection of capital into New York-based AlphaPoint was a form of bridge financing, the company confirmed to CoinDesk. But AlphaPoint would not say who provided the financing or its terms. Bridge financing is often used to cover financial shortfalls.

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BIS Paper Reckons With P2P Payments, Tokenized Securities, Central…

Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so their newest quarterly report, released Sunday, is entirely dedicated to what that potential revolution holds.

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China Adopts Security Standards for Blockchain Applications in the…

Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers operating in the industry.

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Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming

The U.S. may soon get its first dedicated bank for digital assets. A Wyoming corporation founded by blockchain legislative champion and Wall Street veteran Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.

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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Arou…

ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years.

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Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.

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Google Executive From India Joins Coinbase as Chief Product Officer

A Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive said, citing his experience growing up in India and the trauma of demonetization.

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Major Australian Exchange Expands to Singapore for Crypto-Friendly…

Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an "overwhelmingly positive" response from the regulator.

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