Crypto community welcomes Ethereum zkSync testnet
The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum. Go to Source Powered by WPeMatico
Month: February 2022
Total stablecoin supply hits $180 billion: Report
Despite a bearish backdrop for the overall crypto industry, the stablecoin supply has hit a total of $180 billion, surging by $9.5B over the past 30 days. Go to Source Powered by WPeMatico
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised … Read more
Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally
Ethereum attracted roughly 18.36 million new addresses to its network in 2021. Go to Source Powered by WPeMatico
Canada to host Bitfury’s new 28MW crypto mining facility
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May. Go to Source Powered by WPeMatico
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while … Read more
Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’
Indira Kempis, a senator representing Nuevo León state in Mexico, works on a crypto bill based on El Salvador’s Bitcoin Law. Go to Source Powered by WPeMatico
Crypto is not criminal: US Secret Service launches ‘crypto awareness hub’
The educational website shares the Secret Service intends to combat the “illicit use of digital assets” and provide “public awareness information.” Go to Source Powered by WPeMatico
Bitcoin traders mark levels to watch as BTC price bounces to $39K
A strong comeback for Bitcoin is due to meet “likely rejection” should $40,000 come back into play, one analyst warns. Go to Source Powered by WPeMatico
Five key takeaways from the official Indian crypto ads guideline
The new guidelines regulate the size and language of disclaimers while prohibiting portraying the market as a ‘get rich quick scheme.’ Go to Source Powered by WPeMatico
