Blockchain & Cryptocurrency News

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Thu, 21 Oct 2021, 06:02 AM
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Bitcoin rallies past $50K as institutions turn to BTC as inflationary hedge instead of gold

Korea’s Largest Journalists Organization Partners with PUBLISH to Adopt Blockchain Technology to Improve News Media Ecosystem

PUBLISH, Inc., a global technology media company developing digital tools for news publishers, announced they have signed a Memorandum of Understanding (MoU) with the Journalists Association of Korea (JAK) to adopt...

Russian plans to limit crypto trading for non-accredited retail investors

Russia is mulling on the possibility of introducing new legislation that will place restrictions on crypto investment by non-accredited investors. The move is aimed at protecting retail investors from potential losses due...

Crypto exchange CoinSwitch Kuber becomes India’s most valued crypto company after raising $260M

CoinSwitch Kuber, one of Indias major crypto exchanges, is now one of the countrys most valuable startups. The company has successfully raised $260 million in a recent funding round that valued the crypto platform just shy...

Bank of America is bullish on crypto and says it’s too large to ignore

The crypto market rally sent prices of Bitcoin (BTC), Ethereum (ETH), and other coins to new all-time highs earlier this year as both retail and institutional investors flock into the space. While critics remain doubtful...

Crypto transaction activity in Central & Southern Asia and Oceania rose by706% in one year

Chinas ban on crypto transactions and mining was not able to hinder the rapid rise in crypto adoption in the region. In fact, Asia posted the highest rise in crypto transactions in a recent report by...

Bitcoin soars past $50K for the first time since September 7

Bitcoins price has been on the rise this month. The crypto, which traded just above $42,000 on September 30, posted massive gains in just five days and BTC soared past $50,000 on Tuesday, October 5. At the time of...

SecuX releases ADA, BSC, and WalletConnect support for its Crypto Hardware Wallets

On the first day of 2021, Cardano (ADA) was only priced at $0.1753. After a sustained rally in July/August 2021, Ada became the third-largest cryptocurrency by market cap (following Bitcoin and Ethereum, respectively), and...

Hackers stole crypto from 6,000 Coinbase accounts between March and May 2021

Crypto exchange Coinbase revealed that hackers were able to breach the platforms security early this year. Around 6,000 accounts were affected by the hack that exploited a vulnerability in the companys SMS multi-factor...

Crypto exchange Upbit to stop trading services for unverified users

South Korea has been tightening its oversight on the countrys crypto industry recently. Upbit, one of the largest exchanges in the country, announced that it will soon be halting some of its services for unverified users...

Business

Huobi Japan gets approval to offer crypto derivatives trading services Tue, 19 Oct 2021, 11:31 am UTC

Huobi Japan can now finally start offering crypto derivatives to its clients. The firm is now registered as a Type I Financial Instruments Business after it was approved by the Financial Services Agency (FSA), the countrys...

SEC approves IPO of a Florida-based blockchain SPAC

Intel’s Arc GPU’s won’t limit crypto mining hashrate

Venezuela’s Simón Bolívar International Airport to accept Bitcoin and other cryptos as payment for tickets

Technology

MDS Mexico launches blockchain-based rapid covid-19 testing service Mon, 18 Oct 2021, 10:31 am UTC

Known as the technology behind popular crypto such as Bitcoin (BTC) and Ethereum (ETH), blockchain is now being utilized in the fight against the coronavirus pandemic. A Mexican medical firm is launching rapid covid-19...

Nuclear engineer and wife face charges for attempting to sell restricted data for Monero

MoneyGram plans to roll out a USDC stablecoin-based payment system by 2022

Bitcoin mining to account for only 0.9% of total CO2 emissions by 2030, says NYDIG study

Investing

Bitcoin could rise higher in the coming months but 70% of cryptos will likely fail in the long run, says Scott Minerd Wed, 20 Oct 2021, 09:25 am UTC

Bitcoin (BTC), Ethereum (ETH), and most cryptocurrencies have rallied this month and appear poised to challenge their previous all-time highs set earlier this year. However, Scott Minerd is not bullish on the long-term...

New Bitcoin futures ETF could push BTC’s price as high as $168K, says Fundstrat

Increasing crypto allocations in portfolios can lead to higher returns, says study

Robinhood to test crypto wallet feature in October

Insights

Carl Icahn sees Bitcoin becoming increasingly attractive due to inflation Wed, 20 Oct 2021, 14:38 pm UTC

Billionaire investor Carl Icahn issued a warning on an inevitable market crisis looming on the horizon. Considering this situation, some investors might see Bitcoin (BTC) as increasingly attractive as an inflationary...