The Canadian Securities Administrators, an umbrella group for regulators from each of the 10 provinces and 3 territories in Canada, has released new guidelines on the use of social media, advertising, and marketing by crypto exchanges. The staff document was released in tandem with the Investment Industry Regulatory Organization of
On Wednesday, the Dubai World Trade Center Authority (DWTCA) announced an official agreement with UAE's Securities and Commodities Authority (SCA) to facilitate the regulation and trading of crypto assets within the DWTCA free zone. The latest initiative creates a framework that allows the DWTCA to provide necessary licenses
One of the first Bitcoin websites, Bitcoin.org, has suffered a security breach and has gone offline for the time being. Bitcoin.org's anonymous curator Cobra announced on Thursday that the site had been compromised, with the attackers managing to post a scam notice on the website. “Looks
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Thanks to the proliferation of non-fungible tokens or NFTs as they are fondly called, metaverse — the concept of a virtual world where buildings, names, land, and avatars can be bought and sold using cryptocurrencies — has become an overnight sensation. Currently worth over $25 billion as reported by CoinGecko, the NFT
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Blockchain technology is seeing a rapid surge in adoption, and as new opportunities are opening up — new projects and chains are emerging to seize them in hopes of gaining an advantage against competitors. At this time, Ethereum is still the biggest development platform, but its high gas fees and inability
On Tuesday, Bitcoin along with several other cryptocurrencies printed massive losses, with the total market capitalization of the sector losing nearly $200 billion. While the flagship cryptocurrency fell below $40,000, many altcoins recorded double-digit losses. Although Bitcoin has reclaimed the $40,000 benchmark, Ethereum is still trading at less
According to local reports, one of Brazil’s leading banks, BTG Pactual, is looking to launch an initiative that will allow customers to trade digital assets directly through a new platform called Mynt. The product, which is expected to launch in Q1 2022, will include the two leading cryptocurrencies Bitcoin
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Binance will no longer allow its Australian users to access its futures and options trading products. According to a Tuesday announcement, Aussie customers will have 90 days to exit their position beginning from September 24th. Furthermore, the leading exchange is also set to remove support for leveraged tokens, a derivative
A recent poll conducted by Redfield & Wilton Strategies on 9,700 eligible voters suggests that 42% of Texans would vote to make Bitcoin an official currency. The survey also revealed that Texas is the crypto-friendliest swing state in the US. Meanwhile, about 40% of respondents from Arizona were totally
Following an earlier warning from the SEC, Coinbase has decided to shut down its crypto lending product. In a recent blog update, the leading crypto exchange announced that its USDC APY program would no longer be launched. Coinbase blamed its decision on a lack of clarity from regulators. Since Coinbase
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The cryptocurrency industry already has countless use cases, even though we are still only beginning to discover all the ways that it can be applied to change the world as we know it. Of course, there are some obvious ones, such as making transactions faster, cheaper, and near-instant around the
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Digital Swiss Franc, a cryptocurrency entity, has announced its partnership with a leading e-commerce platform called Mycashbackworld. This is a welcome development in the eCommerce industry as over 200 million crypto users worldwide can purchase products online and offline using their crypto assets. The retail and e-commerce industry is undoubtedly
El Salvador has continued to increase its Bitcoin stash. The Central American nation has added an extra 150 BTC to its crypto holdings, bringing the value of its stash to 700 BTC. President Nayib Bukele posted a tweet claiming that “[El Salvador] just bought the dip.” We just bought the
Cross-chain DeFi protocol pNetwork is the latest victim of a security breach resulting in the loss of $12 million worth of BTC. The unknown perpetrator stole 277 Bitcoins by leveraging a codebase bug. 1/N We're sorry to inform the community that an attacker was able to leverage
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* XTblock’s Hyper-Capable Network is designed to solve blockchain’s biggest problems – scalability, speed and latency – through an entirely new approach * Incremental scalability and accelerated transaction speeds (tps) are possible to any extent with the addition of the right network infrastructure * The network’s ‘time-sharding’ technology also makes it possible
The Central Bank of Russia (CBR) is reportedly working with commercial banks in the country to delay payments made to crypto exchanges. A CBR official explained during an event in Sochi that the objective of slowing down crypto exchange payments is to limit the so-called “emotional” purchases made by “unqualified”