Banco de Portugal (the nation’s central banking institution) has reportedly approved Bison Bank to start offering cryptocurrency services to clients. To do so, the latter will create a subsidiary called Bison Digital Assets, which will operate in the “virtual asset custody and exchange business.” Bison Bank Leads the Way According to the local coverage, Bison Bank became the first monetary organization authorized by the Central Bank to provide cryptocurrency trading...
Read More »Cameroon, the DRC, and Other Countries Turn to Blockchain Solutions
Several countries in Africa – including Cameroon, the Republic of Congo, and the Democratic Republic of the Congo (DRC) – are preparing to adopt cryptocurrency as legal tender and implement blockchain solutions as a means of revamping their economies. All three countries are also looking at The Open Network (TON) as the leading blockchain network to lead them into a digital future. Cameroon, the DRC, and Other Countries Take to Crypto In addition, the DRC has stated that...
Read More »Bitcoin’s Drop to $40K and Elon Musk’s $43 Billion Bid to Buy Twitter: This Week’s Crypto Recap
This week was entirely unproductive for cryptocurrency bulls as the market took a beating and Bitcoin collapsed to $40K. And yet, it appears that the entire world was focused on another exciting event – Elon Musk’s proposition to buy Twitter and take it private. First things first, the cryptocurrency market lost some $160 billion over the last seven days and collapsed below the important level of $2 trillion. This was largely because of Bitcoin’s drop to $40K. It all started...
Read More »North Korea Responsible for Ronin Network Hack, FBI Confirms
The theft of $620 million in cryptocurrency, related to the bridge hack against the Ronin Network on March 23th, is the latest cybercrime committed by Pyongyang to fund its domestic programs, claimed the FBI. North Korea Responsible for the Ronin Network Hack The FBI issued a statement on Thursday, indicating that cyber actors APT38, also known as Lazarus Group, associated with the Democratic People’s Republic of Korea (DPRK), are responsible for attacking the Ronin Bridge,...
Read More »A Class-Action Suit Is Headed for Coinbase
A federal judge has ruled that a class-action lawsuit against Coinbase, one of the largest and most popular digital currency trading platforms in the world, can move forward. Coinbase Will Soon Find Itself in Court Coinbase is easily one of the biggest crypto exchanges out there. At the time of writing, it has a valuation of more than $40 billion, yet for one reason or another, it doesn’t not seem to have a customer service department. The company has been hit with...
Read More »PlanB Explains Why Bitcoin Won’t Drop to $24.5K Again
PlanB, the creator of the bitcoin Stock-to-Flow (S2F) model, implied that only a black-swan incident could drag the price of Bitcoin down to $24,500. The anonymous Twitter pseudonym in the past has missed Bitcoin’s price predictions on some occasions, but his bullishness on the asset still remains intact, asserting that it could reach $100K at the end of the year. The bitcoin analyst with over 1.7 million followers on Twitter said in a tweet that he doesn’t see a reason that...
Read More »Crymbo Launches CrymboX Enable Financial Institutions to Further Liquidize Digital Assets
[PRESS RELEASE – Please Read Disclaimer] Emerging Fintech Startup Crymbo has launched its Enterprise solution named CrymboX. With this solution, enterprise-level financial institutions will be able to securely buy, swap, hold, store and sell digital assets using the company’s single API technology rails. CrymboX rails offer a built-in integration to a wide selection of leading industry providers, including wallet platforms, liquidity, and risk management solutions enabling...
Read More »Easter Egg Hunt on 1xbit Has Just Started
1xBit never fails to amaze its community by bringing something unique to the table. This year’s Easter holiday begins earlier for 1xBit, as they will start celebrating on the 15th of April. That means a big hunt will wait for you with surprises all over the platform. Easter Bunny’s Adventure is here for the whole 1xBit community, providing generous delight through a 0.5 BTC prize pool that will award 30 people. To be counted, all you have to do is play any slots you like...
Read More »Phemex Participates in the Paris Blockchain Week Summit
Phemex Business Development Director of Global Markets, Federico Variola, spoke at the Paris Blockchain Week Summit that took place on April 13th and 14th, 2022. This event featured: More than 3000 attendees, 70 sponsors, 250 speakers and 100 media partners Participants were able to find crypto experts and partners for further business development Participants were able to establish business cooperation with the largest platforms Federico Variola spoke about the new...
Read More »Capital DAO Protocol launches the First Decentralized Venture Capital Using DAO for MultiChain.
Capital DAO Protocol, a project that aims at the next way of Venture Capital launches the First Decentralized Venture Capital Using DAO for MultiChain. Capital DAO Protocol is being developed based on Web 3.0 philosophy. Although they are an anonymous team, they have 5+ years of experience in developing and investing in the blockchain industry. What is Capital DAO Protocol? Capital DAO Protocol is a project that aims at the next way of Venture Capital using Decentralized...
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