Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K
AXS, CVP and POLS lead altcoins higher while Bitcoin bulls search for a way to reclaim the $50,000 level. Go to Source Powered by WPeMatico
Cryptocurrencies
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Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. Go to Source Powered by WPeMatico
BitOasis crypto exchange to help Dubai Police spread fraud awareness
BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange’s CEO. Go to Source Powered by WPeMatico
South African University to Commence Blockchain and Digital Currency Education in November
A South African university, the University of Cape Town (UCT) has revealed it will commence blockchain and digital currency classes starting in November. According to the institution, students that enroll and complete the $693 six-week course will be issued a legal certificate. Better Understanding of Blockchain As explained on UCT’s website, students that successfully complete … Read more
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Go to Source Powered by WPeMatico
Cryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru
Jean-Pierre Verster, the founder of a South African hedge fund Protea Capital Management, has said he does not believe there is “intrinsic value” in cryptocurrencies. He insists that cryptocurrencies have “elements of a Ponzi scheme” and for that reason, he has not invested in them. A ‘Wonderful Technology’ In remarks made during an interview, Verster … Read more
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well. ESET: 1 in 10 Crypto-Focused Threats … Read more
Bitcoin price surge to $49K prompts several altcoins to hit new all-time highs
AXS, LUNA and a handful of altcoins rallied to new highs shortly after Bitcoin price rallied to $49,200. Go to Source Powered by WPeMatico
Money in 2030: A future where DeFi and CBDCs can work together
In coexistence with mutual benefits, decentralized finance and central bank digital currencies will finally make money universally available worldwide. Go to Source Powered by WPeMatico
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More for Electricity Companies operating crypto mining facilities in Kyrgyzstan will … Read more