Despite the ban, Illegal Crypto Mining is Growing in the Republic of Abkhazia

Since 2018, despite crypto-related activities being illegal, the Republic of Abkhazia still allows the import of crypto mining rigs.  A surge has been observed in crypto mining activities, customs has proclaimed that mining hardware worth over $589,000 have crossed the border over the past six months. Per Nuzhnaya Gazeta, importing crypto mining …

Gibraltar Finance will Support the Post-COVID DLT Hackathon

Gibraltar Finance, the business development arm of Gibraltar’s government, has been announced that it will provide support to the forthcoming Post-COVID Hackathon as an official partner — a global, online initiative intended to create open-source solutions addressing the health, social and economic challenges posed by the post-COVID-19 era. The event …

New Growth Records by India in P2P Trading Amid Emerging Markets

Numerous emerging markets have established new growth records for weekly peer-to-peer (P2P) Bitcoin (BTC) trading, including India, Ghana, the Philippines, Argentina, Mexico and Egypt, according to data published by Useful Tulips. India and Ghana producing enormous growth during 2020.  Over the past seven days, India included the strongest market to post …

Japan’s Financial Services Agency Appoints Ryozo Himino as a New Commissioner of the Watchdog

Japan’s Financial Services Agency (FSA) has officially announced, that Ryozo Himino, the International Financial Deputy Counselor at Japan’s financial watchdog, will take over as the agency’s new commissioner. In an update on July 20, the Financial Services Agency’s executive director, Himino is now listed as the commissioner of the watchdog group. The …

“Bitcoin Has Been Really Stable,” Says Changpeng Zhao Binance CEO

The CEO of crypto exchange Binance, Changpeng Zhao, states that Bitcoin will eventually break out of this $9,000–9,500 corridor but the token is “really stable” now. He isn’t sure what will cause Bitcoin to hit $10,000 again but has commented on the token’s recent stability. In an interview on July 19, with …

Brazilian Jiu-Jitsu Champion Craig Jones Lost his BTC Bought in 2015

Fighter Craig Jones, a Brazilian Jiu-Jitsu fighter based in Australia, has unveiled that he lost Bitcoin he bought before the 2017 ATH, but will now get tokens from a crypto exchange sponsorship. A post on the CoinJar blog, on July 16, the 29-year-old former International Brazilian Jiu-Jitsu Federation World No-Gi Champion and …

Tesla ‘Eating Bitcoin’s Lunch’ as Realized Volatility Sank to its Lowest in Three Years

On July 15, Bitcoin (BTC) set another ambiguous record as realized the 30-day volatility for Bitcoin drops to its lowest levels in three years, while Tesla beats performance at over $1,500. According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 this week. Bitcoin Volatility  …

US Regulators Take Joint Action Against Crypto Firms’ for Entering into Illegal off-exchange Swaps Offering

Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency.  The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against the two firms Plutus Financial, Inc. d/b/a Abra of California, and Plutus Technologies …

Vodafone, Deutsche Telekom and Telefónica Finalized Blockchain Solution for Roaming Discount Settlement

Three global industry leaders in telecommunications — British provider Vodafone, Deutsche Telekom and Spanish multinational telecommunications Telefónica, have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements. The Blockchain solution is developed by Clear, a blockchain startup builds blockchain-based settlement and clearing networks for global industries. …

Tether Blacklists 39 ETH Addresses Worth Over $46 Million, Just After Centre Blacklisted ETH Address Holding $100K USDC

Just after 100,000 in USDC were blacklisted by Centre, Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 holding a total of over 5.5 million USDT being blacklisted this year.  This announcement comes on the back of Centre’s first blacklisting of an Ethereum address holding $100,000 USDC. Philippe …

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!