Crypto news

FINMA "Stable Coins": Ergänzung der Wegleitung für Unterstellungsanfragen betreffend Initial Coin Offerings (ICOs) Die Eidgenössische Finanzmarktaufsicht FINMA veröffentlicht eine Ergänzung zur ICO-Wegleitung hinsichtlich sogenannter „Stable Coins“ nach Schweizer Aufsichtsrecht. Seit 2018 beschäftigt sich die FINMA mit einer steigenden Zahl von „Stable-Coin“-Projekten. Die FINMA bestätigt in diesem Zusammenhang eine Anfrage der Libra...

Three months ago, the world’s leading cryptocurrency exchange, Binance, announced that it would cut off access to the platform for US-based traders. The new rule is set to come into effect on September 12, which is tomorrow. The question is whether this will put additional pressure on the already suffering Binance Coin (BNB). Binance Shutting the Door to US-Based Traders TomorrowBack on June 14, CryptoPotato reported that the world’s leading cryptocurrency exchange, Binance, would be cutting...

Domino'sDominos France has announced a giveaway competition in which one lucky pizza/crypto aficionado will win €100,000. The catch? Prospective winners have to choose between a denomination in bitcoin or fiat …  On second thoughts, it’s a pretty easy choice.Domino’s France makes the obvious connection. | Source: ShutterstockThe competition, which is being held to celebrate 30 years of Dominos France, started on September 4 and will run to October 6. Shockingly, all participants have to do...

Over the years, many investors have used several different methods and strategies, to ensure they have a strong enough position in the stock market. One sure way that pretty much guaranteed a significant passive income, was to buy FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks and just watch them grow, as they are wont to do.This method has driven not just profits, but a generally positive sentiment among investors for a few years. However now, it seems those glory days...

In the last few years, there has been no technology that can get close to the blockchain when it comes to its implementation in money transfers. A project that is also aiming to implement the modern solution of blockchain is Panerora.com, which will unleash its remittance solution to help those that do not have access to banking services.Panerora’s New Remittance SystemWhile for most of us sending and receiving money from abroad is not so complicated, many people in African countries face a...

U.S. Stock Exchange Nasdaq has announced the listing of a new index that offers “real-time” tracking of blockchain projects within the decentralized finance (DeFi) segment. Dubbed as Defix, the index will track blockchain projects like MakerDao, Augur, Gnosis, Numerai, 0x and Amoveo.As per the official press release, the London-based Exante brokerage helped to launch Defix. Nasdaq has listed this Index under the ticker DEFX, which can also be tracked on Google and TradingView along with a...

BitPay's untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone SiuBitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency.Tom Grundy accused BitPay of sitting atop their funds for almost three weeks. He said the US bitcoin firm held their money because Hong Kong banks do not support IBAN. That raised questions whether or not BitPay...

Leading Cryptocurrency exchange Binance recently launched its Tether (USDT) backed futures trading platform. The platform which is still in the early testing phase is available by invitation only. A Reddit post indicates that the platform has already reached an all-time high of $150 million within the past twenty-four hours. The futures platform covers only the USDT/BTC platform at this time.This comes after Binances’ announcement of the creation of the testnet for the futures platform...

Bitcoin’s halving, one of the most highly-anticipated events for the cryptocurrency community, is currently expected to take place on May 16, 2020. However, some are suggesting that the true date could be closer to April 2020 because of the rapid acceleration in the network’s hash rate. Bitcoin’s Hash Rate Accelerates QuicklyIn order to understand the significance of Bitcoin’s hash rate, it’s important to understand how mining works. When someone has a Bitcoin wallet and he or she wants to...

Bitcoin’s halving, one of the most highly-anticipated events for the cryptocurrency community, is currently expected to take place on May 16, 2020. However, some are suggesting that the true date could be closer to April 2020 because of the rapid acceleration in the network’s hash rate. Bitcoin’s Hash Rate Accelerates QuicklyIn order to understand the significance of Bitcoin’s hash rate, it’s important to understand how mining works. When someone has a Bitcoin wallet and he or she wants to...