Category: Blockchain

Sparkpool, one of the world’s largest Ethereum mining pools, is shutting down its shop amid China’s move to ban crypto assets within its jurisdiction. On Monday, September 27, the China-based Sparkpool, the second-largest Ethereum mining pool in the world, announced that it had stopped offering services to new users in China as of September 24

Binance, the biggest exchange in the world, has announced that with effect from October 26, the trading platform users in Singapore will not be able to access the most basic functions of the Binance.com platform. Per the announcement shared, the services include fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat

Coinbase cryptocurrency exchange has announced plans to diver deeper into traditional financial services, allowing users to deposit paychecks directly into their online accounts.   On Monday, September 27, Coinbase stated that the crypto firm will roll out a feature that allows customers to deposit any portion of their paycheck directly into Coinbase accounts within the next

Since last Friday, the People’s Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX – a decentralized leveraged trading exchange. The trading activity of the centralized derivatives exchange dYdX has surged. According to cryptocurrency data provider CoinGecko, the trading

The week has begun with some recovery in the cryptocurrency markets a few days after China’s regulator intensified renewed crackdown. On Friday, September 24, China’s central bank announced that crypto trading and all related services, including Bitcoin mining, are illegal. It was a difficult day of trading in the crypto markets as a new bout

Bitcoin (BTC) was up by 5.9% in the last 24 hours to hit $43,885 during intraday trading, according to CoinMarketCap. Earlier this month, BTC experienced a significant pullback that prompted a $10K loss as over-leverage factors dominated. The leading cryptocurrency dropped from the $52,000 level to the $42K area. As a result, the BTC spot

Cathie Wood’s investment firm Ark Invest bought 829,907 shares worth $55.34 million of Twitter shares on the day in which the popular social media giant led by Jack Dorsey started allowing users to send and receive tips using Bitcoin as part of a broader push to help users make money from the service. What is

The Bitcoin (BTC) as a legal tender era in El Salvador may be off to a rocky start based on the anti-Bitcoin ATM protests reported earlier. However, recent data suggests citizens are beginning to embrace innovation. According to a Twitter post by the country’s president, Nayib Bukele, as many as 2.1 million users are now

Huobi Global, one of the world’s largest digital currency trading platforms, has announced it will gradually unwind its services in mainland China as the People’s Bank of China (PBoC) and other state regulators seek to intensify their clampdown on all activities bordering digital currencies in the country. As reported by Bloomberg, the exchange has stopped the