Blockchain

LBank officially launched a blockchain organization named “LBank Blockchain Port-Harcourt” in Port-Harcourt, Nigeria on August 29th .  LBPH (LBank Blockchain Port-Harcourt) aims to bring more opportunities and blockchain knowledge to people in Africa. The event started at exactly 11. am that hosted over 200+ enthusiastic attendees. The Global LBank CEO Allen also took out time to give a congratulatory message and shared some awesome plans for Nigeria and Africa as a...

The leading cryptocurrency exchange in Australia – Binance Australia – has announced it appointed Leigh Travers as its new Chief Executive Officer. He was previously CEO and Director of the blockchain technology company – DigitalX. Binance Australia Has a New CEO According to an official announcement, Binance Australia has tapped Leigh Travers as its new CEO. The top executive has experience in digital assets and blockchain technology since he was in charge of DigitalX for...

Social media platform Tik Tok appears to have changed its rules and regulations. As a result, many crypto and blockchain-related videos are getting taken down, though their posters say they have not committed any wrongdoing. Tik Tok Isn’t Crazy About Crypto Videos Tik Tok says it is disallowing any videos that promote illegal activities and/ or regulated goods. Here is the real irony: bitcoin and crypto is not fully regulated anywhere in the world. Thus, how could any...

Florida has gained access to another cryptocurrency exchange today through Blockchain.com, making this the third official exchange Floridians can utilize for trading, buying, and selling digital assets. Florida Citizens Are Now Permitted to Trade Through Blockchain.com Valued at approximately $5 billion at the time of writing, Blockchain.com is based in London but is looking to hire dozens of people in Miami, a city known as a growing tech hub and crypto base. Thus far,...

El Salvador will, in ten days, adopt Bitcoin as an official currency. It’s making massive investments in projects to develop end-user products to hold and spend bitcoin. The opportunities of this venture are enormous, though some warn there are risks. El Salvadorians Will Soon Find Imports Attractive Because Bitcoin is a deflationary cryptocurrency, and the oldest blockchain with the most of its limited currency already mined, and especially given the history of the BTC price...

A spokesperson for AnChain.AI, a blockchain analytics firm, recently revealed a $600 000+ contract with the Securities and Exchange Commission to help the agency regulate and monitor the DeFi space. AnChain’s Contract with the SEC The contract – which began in May of 2021 – has an initial value of $125 000, which may escalate to $625 000 if the SEC chooses to retain the group for 5 more $125 000 ‘option’ years. “The SEC is very keen on understanding what is happening in the...

The strange and crazy circumstances surrounding the recent hacking of the Poly Network have reached an odd, yet definitive conclusion. The Poly Network Is Rich Again! Not long ago, the Poly Network – which hosts several blockchains including those of Ethereum, Binance and of course, Poly – stated that it was the victim of a hack that saw more than $610 million in digital funds practically vanish overnight. The company halted all withdrawals and deposits and said in a...

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With the gargantuan $1 trillion U.S. infrastructure bill in parliamentary limbo, the fate of the crypto tax proposal tacked onto it remains in question. Meanwhile, the cryptocurrency industry is getting organized with a new sense of urgency to lobby and campaign. The Senate has passed the trillion-dollar bipartisan infrastructure package without an amendment hoped for by cryptocurrency industry stakeholders and blockchain-friendly delegates in Congress. But the fate of the...

Amid the recent boom within the NFT Industry, a new study reveals that not all of the hype around the digital assets may be legitimate and could even show signs of wash trading. Nansen’s Analysis of the Industry The non-fungible token sector took the cryptocurrency world by storm this year and quickly expanded beyond it. NFTs reached mainstream media, businesses, prominent sportspeople, musicians, actors, and more. The rapid growth resulted in skyrocketing trading activity....