Crypto news

[PRESS RELEASE – Please Read Disclaimer] ISLAMICOIN announced the release of the first version of ISLAMIwallet, adding new innovations to the world of cryptocurrencies. ISLAMIwallet is a crypto wallet that intends to work by Shariah laws and regulations. You can send, receive and store ISLAMICOIN, Bitcoin, and other Halal cryptocurrencies including NFTs. Using ISLAMIwallet mobile app will provide you with maximum security and safety as per the latest technologies. However,...

Hyosung America is joining hands with Digital Mint, a premier cash-to-crypto platform, so it can launch a new API-based app store. Digital Mint Is Looking to Ensure Safe Access to Crypto The big clincher with Digital Mint is that customers can purchase bitcoin instantly at both ATM and teller locations throughout the U.S. The company also has its own software companies can implement if they are interested in engaging in bitcoin sales. Founded in the year 2014, Digital...

ADA price started a fresh increase above the $0.54 resistance against the US Dollar. The price is now trading above $0.54 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.536 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it stays above the $0.530 support zone. Cardano price is showing positive signs above $0.530 against the US Dollar, similar to bitcoin. ADA price could...

INTERNET CITY, DUBAI, Aug. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Nukplan (NKPL) on August 16, 2022. For all users of LBank Exchange, the NKPL/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, Nukplan (NKPL) realizes safe, profitable and private nuclear power plant development through truly innovative platform. Its native token NKPL has been listed on LBank Exchange at 18:00...

Ethereum price started a downside correction from the $2,000 zone against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,820 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,780 zone. Ethereum price is correcting lower below $1,900 against the US Dollar. ETH/USD could rise again...

The Solana Foundation recently released its first report evaluating the health of the Solana network.  Its initial report digs into key metrics assessing the health of its validator network. These include its total validator count, Nakamoto consensus, and distribution.  Breaking Down the Nodes Per the foundation’s report on Wednesday, Solana currently consists of more than 3400 validators across six continents. Validators are responsible for independently verifying new...

Digital banking platform, Revolut has been awarded authorization by the Cyprus Securities and Exchange Commission (CYSEC) to expand its crypto services across the European Economic Area (EEA). According to a new report, Revolut has become the first entity to be awarded crypto-asset service provider (CASP) from the regulator of the island country. The news comes amidst its ongoing hiring spree despite a lackluster market. Cyprus’ Crypto Authorization With the new...

Israeli authorities have arrested three individuals suspected of defrauding the French state treasury. The undercover investigation was carried out jointly by the Israel police and the Israel Tax Authority over the last few months. Foreign investigative agencies – Europol and the French Police – also cooperated. As per Reuters, the investigators are looking into a potential “large-scale fraud” that they believe was committed against the state treasury in France. The crime,...

Coin Centre – a non-profit crypto policy think tank – is considering a court challenge against the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC).  The challenge is a response to the OFAC’s recent addition of privacy protocol Tornado Cash to its Specially Designated Nationals And Blocked Persons (SDN) List. Coin Centre has provided extensive legal analysis arguing that this exceeds the office’s statutory authority. Why Was Tornado Sanctioned? Per the think...

Many projects introduce a deflationary mechanism in their tokenomics. For a large part, this is usually done through a so-called token burn. Binance is undoubtedly the most famous industry participant in removing chunks of its native cryptocurrency (Binance Coin – BNB), and the way they do it has changed throughout the five years of its existence. So far, the exchange has burned billions of dollars worth of BNB, pursuing its goal of reducing the token’s total supply by 50%....