Category: Blockchain

Last week saw a great amount of vocal power from the digital currency ecosystem per the controversy that rocked the Infrastructure Bill and how it affects the crypto community. The bill is primarily an effort by the Biden Administration to rebuild the country’s weakening infrastructural facilities, and the plan is to use taxpayer’s money. The

Indonesia-based cryptocurrency exchange Pintu announced the company had completed an extended Series A funding round by raising $35 million, led by Lightspeed Venture Partners, citing multiple sources. The company plans to expand its scale by accelerating talent acquisition. With the latest $35 million capital, Pintu expects to create strategic partnerships, undertake educational marketing campaigns, and

After a fierce debate exploded over how to tax cryptocurrency, a bid to pass a major infrastructure bill worth approximately $1 trillion has stalled in the senate of the United States.  The continuous efforts to pass an amphibian infrastructure bill could reshape the dimensions of the cryptocurrency world, as lawmakers exchange views about new tax

The US Securities and Exchange Commission (SEC) has filed its first-ever case involving DeFi decentralized finance technology. Last Friday, August 6, the US regulator charged two Florida men and their company for failing to register sales of more than $30 million of securities and for misleading investors in the case involving decentralized finance securities. Blockchain

Brian Brooks announced in his Twitter account that he has resigned from Binance.US CEO just after taking the managing position four months ago. On Friday, August 6, Brian Brooks tweeted that he resigned because of “differences over the strategic direction” between him and his colleagues at Binance Group:   “Letting you all know that I have

Long-term holders (LTHs) have emerged to be significant players in the Bitcoin (BTC) ecosystem. For instance, they have been setting the accumulation ball rolling by purchasing more BTC. As a result, the Bitcoin supply held by LTHs continues going through the roof after recently hitting 66%. On-chain metrics provider Glassnode explained: “The proportion of

Coinbase officially announced today that it provides customers with more payment methods for transactions and allows users to use Apple Pay to purchase cryptocurrency assets on its trading platform. It is expected to integrate with Google Pay in the fall of this year. With the addition of Apple Pay and Google Pay, customers can use

Ethereum blockchain started going through a major software upgrade on Thursday, August 5, which is expected to reduce the supply of the Ether tokens and stabilise transaction fees. The so-called “the London Upgrade” or “EIP – 1559”, the new protocols went live around midnight Thursday, Coordinated Universal Time (UTC). In the past, there has always

The Central Bank of Venezuela officially announced on August 6 Friday that it will launch its central bank digital currency (CBDC) in October this year. To solve the high inflation of Venezuela’s currency, the Central Bank of Venezuela stated that the issued CBDC would remove six zeros readjustment and use the Short Message Service (SMS) exchange system to

The launch of Ethereum’s EIP 1559 upgrade, or the London Hardfork, has stirred a new rally within the tokens built atop the Etherum blockchain. Starting with ETH, the digital currency has been revived in terms of its price action, and it is currently changing hands at $2,772.30, up 3.50% in the past 24 hours. The