Square CEO Jack Dorsey has revealed that the next move in the firm’s Bitcoin venture is to develop a decentralized exchange. Dorsey tweeted on Friday that the “TBD” (as he called it) would center its resources on building a decentralized exchange for Bitcoin. We’ve determined @TDB54566975’s direction:
TGU Consulting Group, a Honduran company, has installed the country’s first Bitcoin ATM. According to a Reuters report, TGU chief executive Juan Mayen led the drive to install the BTC ATM in a building located in the capital of Tegucigalpa. La bitcoinera, as the machine is fondly called, allows
Accelerate Financial Technologies plans to match investments in its unresolved Bitcoin exchange-traded fund (ETF) with the planting of thousands of trees. The Calgary-based investment services company has made a commitment to plant 3,450 trees for every CAD 1 million invested in its Bitcoin ETF, according to a Bloomberg report.
The Ethereum network has been hit by a major consensus bug, resulting in a chain split. An attacker took advantage of a deficiency discovered in older versions of Ethereum's top software client Geth. This made older nodes split from the network, according to developer Marius van der Wijden.
U.S. Securities and Exchange Commission (SEC) has signed a deal with blockchain analytics firm AnChain.AI to help observe and regulate the decentralized finance (DeFi) industry, according to a company spokesperson. AnChain.AI, is a San Jose-based artificial intelligence and machine learning blockchain startup that focuses on tracking illicit
The Ethereum Name Service (ENS), an open-source protocol that links users’ domain names with Ethereum addresses, has enabled support for traditional domain names. Thanks to the new functionality, website owners that have a Domain Name System (DNS) can directly integrate with ENS without having to change to a .eth name.
While speaking with CNBC, the governor of India’s central bank, Shaktikanta Das, revealed that the Reserve Bank of India (RBI) may launch its first digital currency trial programs by December. Even though other countries around the world have been exploring their own central bank digital currencies (CBDCs), the RBI
With El Salvador setting the pace, it appears the Cuban government may be the next to adopt Bitcoin as legal tender. According to recent reports, the country is looking to embrace cryptocurrencies for payments. The President of the Caribbean nation, Miguel Diaz Canel, is working with other authorities to review
Judging by recent comments, the Peoples Bank of China (PBOC) has made it clear that it is not willing to soften its stringent stance on cryptocurrencies. According to the apex bank, Bitcoin has no “actual value.” The bank is reportedly cooperating with the China Banking and Insurance Regulatory Commission to
The Ethereum network has burned over $300 million worth of ETH since its London upgrade went live. The upgrade introduced the much-talked-about EIP-1559 fee-burning mechanism. And in just 20 days since London went live, the network has burned a total of 100,000 ETH valued at over $300 million. Following
Press Releases
Aug, 27 - DAO.VC, a decentralized independent venture ecosystem that provides all-in-one venture solutions, set its third public DAOvc governance tokensale. The platform was founded in the beginning of 2020. It is evolving strictly according to the roadmap and now is stepping from a private tokensale round into a
Opinions
Following the August 20 launch of FibSwap’s decentralized exchange (DEX), the worlds first cross change swap system using an interoperable multi chain bridge system (IMBS), the company has experienced a 150-time surge in prices and announces plans to start providing extra tokens daily and new blockchains monthly. Operating on
Leading US-based crypto exchange Coinbase has faced a lot of criticism after some customers reported that their accounts were drained. According to an investigative study conducted by CNBC, several users whose accounts were hacked complained about the platform’s customer service practices. The business news channel reportedly queried thousands of
New crypto exchange regulations in South Korea will likely force 24 out of 63 crypto exchanges in the country out of operation. The regulations are due to be enforced in less than a month, and the authorities remain adamant about extending the deadline despite appeals from the crypto industry. According
Two months after raising concerns on the operations of Binance, UK’s Financial Conduct Authority (FCA) has finally cleared the leading exchange. The regulatory body appears to have squashed its issues with the world’s largest crypto exchange. In an update on August 25, the FCA said that its problem
News
A recent poll involving Americans between the ages of 18 and 34 revealed that one-tenth of young Americans invested their Covid-19 stimulus checks on cryptocurrencies. The survey was conducted by research firm Momentive and CNB. It sampled 5,530 young adults and about 11% (one in ten people) of the