Category Archives: General Crypto News

Shiba Inu’s circulation market capitalization increased to $11.08 billion earlier this week and is now over $10 billion, placing it in the top-20 by market capitalization for the first time. As a consequence, the Dogecoin-inspired meme cryptocurrency outperformed prominent blockchain projects like Stellar, Polygon, and Tron in terms of market capitalization. A tweet from Elon Musk[Read more…]

Binance Limits Services in South Africa Binance Holdings Ltd. has announced termination of services in South Africa for regulatory compliance. The move came after Binance Group was warned by the South African financial regulator, the Financial Sector Conduct Authority (FSCA). FSCA maintains that Binance Group will have to cease offering unauthorized financial advice or intermediary services in South[Read more…]

Airdrops can be a rewarding source of passive income. Don’t ignore them when you see them. Airdrops? What Are They? Airdrops refer to the practice of distributing crypto tokens to many wallet addresses. The owners of these wallet addresses may receive those tokens for free or in return for performing very simple tasks. Airdrops are[Read more…]

After confirming plans to launch an upcoming NFT marketplace, Coinbase has been contending with strong criticism of its customer support service. Coinbase Enters the Fray Coinbase, a leading US crypto exchange, looks to venture into the Non-Fungible Token (NFT) space, bringing its millions of users. In an official announcement, Coinbase confirmed their upcoming NFT marketplace as well[Read more…]

US Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that authorities in the United States are not considering a ban comparable to the one in China. On October 5th, Gensler informed The House of Financial Services that although there are no intentions to prohibit cryptocurrency, he stressed the importance of tokens that fit the[Read more…]

Dragon Mainland, the Play-to-Earn NFT Game, blends NFTs, DeFi, and gaming into a rich, completely immersive 3D game. Introduction Dragon Mainland is a password-protected collection game that features PvP (Player vs Player) and PvE (Player versus Environment) warfare, advanced breeding, free trade, and collection development. Players can continuously strengthen and trade their dragons in the[Read more…]

The European Union Agency for Law Enforcement Cooperation (Europol), International Criminal Police Organization (Interpol), and the U.S. Federal Bureau of Investigation (FBI), in a coordinated strike, arrested (on Sept. 28) 2 high-profile ransomware operators. These culprits are alleged of demanding ransom of over EUR 70 million. The authorities in their crackdown managed seizing US$1.3 million[Read more…]

The National Bank of Georgia (NBG) is set to pilot a digital currency project study. Planning to introduce its own CBDC in 2022, NBG Vice President, Papuna Lezhava, has announced Georgia’s CBDC plans. The Georgian monetary authority intends to explore blockchain-based use cases for its Lari fiat currency’s proposed digital variant. NBG wants to facilitate retail[Read more…]

The Junior Senator from the ‘Equality State’ is a strong advocate of crypto and bitcoin. Top Proponent Buys a Load of Bitcoin A top proponent of cryptocurrency in the United States Senate has disclosed a bitcoin purchase as high as $100,000. Senator Cynthia Lummis (R-WY) made a sizeable transaction through River Financial on August 16.[Read more…]

Gary Gensler gave the much-needed assurance to a House hearing that a crypto ban is not on the cards. No Ban Planned  Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), confirmed that regulators are not contemplating a ban similar to China. Gensler told The House of Financial Services on October 5th that there are[Read more…]