Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product.
The Ugandan mobility fintech Asaak recently spread its tentacles to Latin America after it bought the Mexican asset financing business Flexclub. The fintech’s CEO suggested that his company’s successful and profitable microfinance business…
Duelbits Celebrates the Release of Their All-New Platform With a Rakeback Bonus for the Ages
In several short years, Duelbits have made a name for themselves in the crypto casino niche, becoming one of the de facto leaders in the sphere. With a firm commitment to innovation, they have made it a point to stand out from the crowd. Recently…
Tron Price Prediction: TRX Regains Strength As The Bulls Aim $0.10
Tron price is gaining pace above $0.0780 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0800 resistance. Tron is moving higher above the $0.0750 pivot level against the US dollar. The price is trading above…
Ethereum Price is Showing Early Signs of Fresh Rally But $1,670 is the Key
Ethereum price is eyeing an upside break above $1,650 against the US Dollar. ETH could gain bullish momentum if it clears $1,650 and $1,670 in the near term. Ethereum is slowly moving higher above the $1,620 support zone. The price is trading above…
Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding
The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding round which was led by P1 Ventures. The capital raised will be used to fund the startup’s expansion into five African countries. Felix Macharia said his firm is…
LBRY decides to fight: Blockchain firm files notice of appeal against SEC
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the United States federal regulator again after losing the battle in November last year.
Bitcoin Price Attempts Recovery But Here’s Why Its Path Is Fill With Challenges
Bitcoin price is slowly moving higher above $26,000. BTC is showing signs of recovery but is still struggling to clear the $26,500 resistance zone. Bitcoin is up 2% and trading above the $26,000 resistance zone. The price is trading well above…
Coinbase Launches Crypto Lending Service for Institutional Investors
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like…
Bitcoin Drop Before Halving Expected, Will It Get Worse In September?
Benjamin Cowen, an analyst and founder of Into The Cryptoverse, thinks Bitcoin will likely maintain a downside trajectory in September ahead of next year’s halving. Pointing to the coin’s performance and comparing it to how Bitcoin has…
Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different…
JPMorgan Adjusts Bitcoin’s Production Cost: What This Means For BTC And Its Miners?
Recent adjustments by JPMorgan in its estimation of Bitcoin’s production costs have garnered attention. Previously standing at $21,000, JPMorgan’s revised Bitcoin production cost has now been pegged at $18,000. This move is closely tied…
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the…
Binance To Refund Users $1 Million In USDT Following CyberConnect Incident
Binance, one of the leading cryptocurrency exchanges, has recently decided to refund users $1 million USDT (Tether) following an incident related to the CyberConnect (CYBER) token. The refund aims to compensate users affected by a price…
El Salvador Launches Pilot Project to Include Bitcoin Content in School Curriculums
The Ministry of Education in El Salvador partnered with Mi Primer Bitcoin (MPB), a nonprofit educational organization, to make Bitcoin-related content part of the school curriculum in the country. The pilot program will train 150 teachers to impart…
CFTC commissioner calls for crypto regulatory pilot program
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face.
Windows tool targeted by hackers deploys crypto-mining malware
Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign.
Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.
Riot Showcases Demand Response Strategy: Bitcoin Mining’s Role in Strengthening Texas Energy Grid
Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and operations update that it…
Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market
Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions. According to an official press release, described as a “game changer for…
Samara Asset Donates $10,000 To Support Bitcoin Education For Women in Africa
In a commendable move to advance financial literacy and inclusion, Samara Asset Group has donated $10,000 in bitcoin to Bitcoin DADA, per a press release sent to Bitcoin Magazine. This Kenya-based non-profit initiative is steadfastly working…
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