The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent times appears to have extended to include exchange tokens. Exchange tokens are tokens issued by a cryptocurrency exchange that usually offer some benefit to the holder, either through reduced trading fees, regular...
Charles Hoskinson, the founder of Cardano –  stated that ADA is one of the greenest and most eco-friendly digital assets. He further opined that Tesla (TSLA) should choose it if it really cares about environmental sustainability. In a recent interview with Lex Fridman, Charles Hoskinson highlighted...
Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources.  The $26-million agreement will allow Burfa to double its data center capacity and...
BitDAO raised $230 million to invest in crypto projects through a private token sale. The fundraising round was led by Peter Thiel, Founders Fund, Pantera Capital and Dragonfly Capital, the company said in a statement. Other participants included Alan Howard, Jump Capital and Spartan Group.
Switzerland’s Sygnum Bank is launching custody and trading across a range of decentralized finance (DeFi) tokens including Aave, Aragon, Curve, Maker, Synthetix, Uniswap and 1inch Network.  Sygnum, which has also added banking services for the USDC stablecoin, plans to expand with a suite of yield-generating...
South Africa’s financial regulators are laying the groundwork for the “phased and structured” regulation of cryptocurrencies. The move presents a reversal of the largely hands-off approach taken for the past seven years and has been driven by increasingly high levels of retail interest in crypto in the...
According to development update shared on 11th June 2021, the first smart contract on Cardano has been run successfully on Alonzo testnet. At the moment, Cardano’s team of developers is in the Alonzo Blue phase. In this phase, the team’s focus is centered on...
  Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions.  According to an announcement published last Wednesday, users are now able to load up...
Google Finance(finance.google.com) has added crypto prices. The section, “Crypto,” now appears in the “Compare Markets” category together with conventional stock and currency markets. This section provides pricing information for cryptocurrencies, like Bitcoin, Ether, Litecoin and Bitcoin Cash. Google's company...
This week, the CEO of XcelLab Gyanendra Khadka has announced the release of the XcelToken Exchange, a secure crypto trading platform, with the aim of changing the ecosystem of digital assets around the world. XcelToken.com is a fully functional crypto trading exchange formally...