Latest articles by Jinia Shawdagor
Binance exchange has launched a new trading zone dubbed Innovation Zone. The exchange unveiled this news through an official announcement, noting that the Innovation Zone lets users trade new, innovative tokens that tend to have higher volatility and pose a higher risk than others. Through the Innovation Zone, Binance aims to filter out traders based on their appetite for risk. In so doing, the exchange meets the demands of daring traders, while...
bitFlyer, a leading crypto exchange has joined hands with PayPal to introduce PayPal payments on its platform. A press release unveiled this news on September 21, noting that this move means that PayPal’s European users can now deposit funds to bitFlyer’s Europe platform to buy cryptocurrencies securely. By integrating PayPal payments, bitFlyer has the potential to onboard millions of PayPal users onto the crypto bandwagon. Per the press release,...
In October 2019, BitPrime launched a revolutionary Over The Counter (OTC) trading platform targeting professional traders. Almost one year later, the platform is moving volumes and has helped with crypto adoption in New Zealand. The platform has lived up to the promise made by BitPrime of providing a robust trading desk to provide digital asset solutions. During the launch, Ross Carter-Brown, the CEO of Bitprime, stated, “The launch of BitP...
Change Invest is a European based cryptocurrency trading service provider on a mission to provide users and investors with the lowest fees in the industry. Change Invest believes that trading should be simple and cheap. The platform supports 17 leading cryptos on the market. These cryptocurrencies include Bitcoin, Tezos, Litecoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Cardano, Dash, among others. With Change Invest, users can trade digita...
Non-profit organization, Libra Association, has welcomed Blockchain Capital as its newest member. According to an official statement by the association on September 18, the investment firm will join the association that is on a mission to build a better global payment system. Blockchain Capital is in line with the association’s mission to promote innovation in the financial sector. Bart Stephens, the Managing Director of Blockchain Capital,...
The President of Abkhazia, Aslan Bzhania, has indicated that the nation will lift its de facto ban on crypto mining. A Russian publication reported that Aslan’s government had plans to regulate and optimize on crypto mining. The independent country in North West Georgia took emergency measures in December 2019 to reduce electricity consumption. Aslan stated, “Now we are working on accounting and identifying the points where these mines are instal...
Uniswap (UNI) is on an upward trend following the debacle with its forked asset, SushiSwap. The coin developed a bullish momentum that has seen it surge as high as $5.68 at the time of writing. This figure denotes a 121.73% gain over the past 24 hours. According to data from CoinMarketCap, UNI currently sits in the 26th position on CoinMarketCap’s Top-100 list of cryptocurrencies with a market cap of $965,380,960. Over the past 24 hours, the coin...
Travala.com, a Binance-backed online travel agency has started wooing tourists in China. A report unveiled this news on September 17, noting that the firm has penetrated the Chinese travel market as the sector continues making a comeback to pre-COVID-19 levels. Reportedly, Travala.com entered the market by launching a Chinese language website and a regional customer support team. The firm then started marketing its services to travellers in the c...
A Monero working group has claimed that the US Internal Revenue has better ways to spend taxpayer dollars than offering bounties to breach Monero’s (XMR) privacy. A report unveiled this news on September 17, noting that the workgroup made this statement after the IRS announced that it would offer up to £482,180 to anyone who can break Monero. Speaking on behalf of Monero, a spokesperson asserted that the IRS should learn how XMR works instead of...
The South Korean government intends to introduce blockchain technology into the country’s sector. A report unveiled this news on September 17, noting that the government has pledged £0.98 million toward funding this initiative. Reportedly, the country’s Ministry of Science chose a local firm dubbed Ksign to develop a contact-free platform that will let South Koreans engage in electronic voting. Apart from this, the platform would allow the citize...
Aviatrade, a US-based private aircraft sales firm, is now allowing its customers to purchase any of its multi-million-pound jets using BTC. A report unveiled this news on September 13, noting that the company is selling an upgraded 2014 Gulfstream G650ER for £31.1 million, approximately 3,750 BTC at the time of writing. Reportedly, several billionaires including, Amazon’s CEO, Jeff Bezos, and Tesla CEO, Elon Musk, own the same model, which has a...
New York-based crypto exchange, Gemini, has announced that Compound (COMP), Pax Gold (PAXG), and Amp (AMP) tokens will now be available on the platform. Through a blog post on September 11, Gemini stated that the platform would start accepting deposits for the three tokens from September 15. According to the announcement, the platform affirmed that they had taken the right regulatory steps to comply with New York’s requirements for trading crypto...
Tokyo-based crypto company, Coincheck, has announced that it will carry out NFT marketplace business in collaboration with Enjin, a blockchain issuing platform. The announcement made on September 9 by Coincheck revealed that through Enjin, they would provide a marketplace for NFT that’s used in the popular game’ Minecraft’. In the statement, Coincheck stated that it was looking for companies that will participate in the NFT mark...
Binance, the world’s largest crypto exchange is planning to delist its token, BNB, for trading against the Uganda Shilling (UGX). The exchange unveiled this news on September 9 through an official announcement, noting that the Binance Uganda platform decided to delist and stop trading on all trading pairs for Binance Coin (BNB). Per the publication, the exchange will remove the BNB/UGX trading pair from its platform on September 17. In the announ...
Ethereum Classic Labs has joined hands with Chainalysis, a blockchain analysis firm, to introduce Chainalysis Know Your Transaction (KYT). A blog post unveiled this news on September 9, noting that KYT is an automated transaction monitoring solution that detects high-risk activity from OFAC-sanctioned addresses. The solution also helps identify transactions emanating from darknet markets, anomalous, and fraudulent transactions. This deal will als...
The Vienna-based crypto exchange, Bitpanda, has announced that VeChain’s native token, VET, will now be available on the platform. Through a blog post on September 7, Bitpanda announced that crypto enthusiasts can now buy, sell or swap VeChain on the platform. To celebrate the listing, Bitpanda has announced a €5,000 giveaway. VET giveaway on Bitpanda Following the integration of VET, Bitpanda has organized a massive giveaway open to all ve...
Food delivery service provider, Just Eat France, has announced that it will now be accepting payments in Bitcoin. The customers of the platform are now able to order from over 15,000 restaurants using Bitcoin. Reportedly, Bitpay will facilitate the payments. The website read, “We do not charge any fees for Bitcoin payments. To make a Bitcoin payment, you need to create a digital wallet by downloading special software or an app.” Increased demand...
Blockpit, a renowned Austrian crypto compliance firm, and software developer has purchased its German competitor, CryptoTax. A report unveiled this news on September 8, noting that this acquisition is part of Blockpit’s quest to benefit from economies of scope and to improve its international competitiveness. Reportedly, both firms were founded three years ago, and they offer their clients legally-compliant transaction reporting. In doing so, the...
Conflux Network, a permissionless blockchain firm, has rolled out a new DeFi-centered association that seeks to bring all major industry players across the globe together. The startup unveiled this news through an official announcement on September 3, noting that the alliance is dubbed Open DeFi. Through this association, the startup aims to connect Eastern and Western DeFi markets, a move that will unify China-based blockchain firms and global D...
In less than 24 hours, Bitcoin (BTC) has dropped by 5% from a high of $11,950 to trade at $10,115 at the time of writing. The bulls had taken over the market since July when the world’s largest crypto has been on an uptrend. But today’s price is the lowest since the end of July 28. Earlier in the week, BTC had tested the crucial $12,000 resistance but failed and seems to be headed for the $9,500 support. The CEO of BitBull Capital, Jo...
Seychelles-based crypto derivatives trading platform BitMEX is planning to launch four new Quanto Futures contracts. The exchange unveiled this news through an official announcement noting that it seeks to add Chainlink (LINK), Tezos (XTZ), EOS (EOS), and Cardano (ADA). Per the announcement, these altcoins will be paired with the Tether (USDT) stablecoin. BitMEX noted that this move comes as a response to increasing demand from its customers. Acc...
Revolut, a British fintech firm, has started crypto trading services in Australia less than a month since it launched its money app in the country. Following the launch on September 3, Australians can now easily buy and sell cryptocurrencies using the Revolut app. Australians can now trade six cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), and Stellar (XLM). The CEO of Revolut Australi...
Zug, one of Switzerland’s cantons and the home of hedge funds, is now accepting taxes using Bitcoin (BTC) and Ethereum (ETH) from February 2021. Through a press release on September 3, the cantonal tax administration stated that it would allow settlement of tax debt using cryptocurrencies. According to the statement, the step will be made possible through collaboration with Bitcoin Suisse, which is a pioneer crypto firm in Swiss Silicon Valley. W...
TRON Network has announced a strategic partnership with Band Protocol, a decentralized cross-chain oracle, whose integration will help ensure secure and verify decentralised oracles. The announcement was published on August 31 and gave details of how the two blockchains were uniting to solve their scalability issues. According to the blog post, TRON has already successfully integrated Band Protocol into all of the network’s applications that are...
Binance exchange has launched Binance Smart Chain, which is a parallel blockchain to Binance Chain built for smart contracts. The launch was announced through an official blog post on September 1. The Smart Chain will give more freedom to developers of decentralized apps (dApps) to build on the Binance DEX. According to the announcement, the idea of the parallel smart chain was put forward in April 2019 and has been work in progress. ...