Category: News

The Indian exchange has announced the introduction of a Crypto Staking feature that offers users the opportunity to make passive income CoinDCX announced the launch of its new staking feature in an official post as it aims to help users earn passive income by holding assets on the exchange. The feature will open new doors […]

The mayor of Loudi, a city in China’s Hunan province, has characterized blockchain technology as a powerful “weapon” that can effectively tackle crime. At a meeting of Loudi’s Municipal Public Security Bureau on Aug. 10, Mayor Yang Yiwen responded to reports on the progress of a trial blockchain project that is currently being conducted by […]

A new wave of scam artists are running amuck on Instagram, harming legitimate crypto influencers Since the beginning of 2020, there have been over 1.3 million posts featuring “#Coinbase” hashtags on Instagram, many of which were created by crypto scams filled with fraudulent content. These scams often involve individuals or bots impersonating actual industry professionals […]

Nifty Gateway, a leading marketplace for nonfungible tokens with the backing of the Winklevoss brothers, recorded its largest-valued auction to-date on July 23 when the digital artwork and NFT “Picasso’s Bull” sold for $55,555.55. The milestone comes as benefits of fractionalized ownership, decentralized provenance verification and the global liquidity pool enabled by blockchain technology are […]

Bitcoin wallets holding 10 or fewer coins have surged to account for nearly 14% of total supply According to data shared by analytics firm Glassnode, more and more of Bitcoin’s circulating supply is going into wallets controlled by small account holders. The data suggests that Bitcoin is seeing an increased redistribution of its supply, with […]

The crypto options market has been evolving rapidly over the second quarter of 2020. According to TokenInsight’s recent crypto derivatives industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019.  The derivative products driving these volumes are futures and options. While futures grow with traders betting on a bullish price sentiment, […]

After many years of restrictions, Russia is deregulating cryptocurrency and joining the global crypto industry Russian President Vladimir Putin recently proposed a new law to allow the trading of cryptocurrency. He thinks it will go into effect in January 2021. The policy still limits the capability to pay for goods and services with cryptocurrency in […]

August 6, Monero (XMR) has experienced its biggest increase in hashrate since the network’s creation in 2014. Monero hashrate. Source: Coin Metrics. The Monero hashrate increased from 1.67 GH/s on August 5 to 2.2 GH/s on August 6. That 0.52 GH/s single day gain is the highest in the project’s history. Prior to this, most […]

DeFi protocol Balancer shot up by 25% in just two hours and is now 40% up on its price from 24 hours ago Altcoin season appears to have arrived as several coins see major action to post monstrous gains. Dash has spiked over 10%, IOTA 6%, NEM 8%, Monero 6.5% and EOS 5.5% to lead […]

Nigeria, the biggest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest-growing crypto markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria has seen the largest influx of activity on its wallet app since April 2020. Nigeria shows biggest […]