Cardano Seeks Fortune 500 Companies For Adoption in Africa
Cardano, Subsidiary of Input Output Hong Kong (IOHK), is still very serious about its vision to increase its investments in Africa. The Chief Executive Officer of the company, Charles Hoskinson has given insights on the company’s plans for 2021 during an
Over 2.7 Million ETH Staked On Growing 2.0 Platform
The confidence in Ethereum 2.0 has continued to grow stronger each passing day, as the second largest cryptocurrency by marketcap keeps adding more approved validators. More coins are now being staked on the Ethereum 2 deposit contract. There has been an
Kraken Halts XRP Trading for U.S. Clients
Cryptocurrency exchange Kraken has announced its plans to halt its trades on XRP token, following the recent SEC lawsuit against Ripple Labs. According to the blog post, the suspension will only affect Kraken clients living in the U.S. and will begin
Groups Received Bitcoin Before Capitol Riot
It seems like cryptocurrency finds its way into the realm of U.S. politics again… and not in a positive light. Prior to the U.S. election we reported about a the co-founder of a large cryptocurrency exchange being a major donor
FCA Warns About Crypto Investment Risks
The United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA) has warned cryptocurrency holders and investors about the potential risks in the market. The FCA said investors in the market should be prepared to lose a major chunk of their investments
SEC’s Whistleblower Program Awards $1.1 Million
The US Securities and Exchange Commission (SEC) has spent an additional $1.1 million to award 5 Whistleblowers for providing vital information leading to an investigation. Based on a press release, the awardees provided important information for the SEC, leading to multiple
Stellar Announces Partnership For CBDC Development
The price of XLM rose by 40% following Stellar’s announcement of a collaboration with Ukraine to develop a Central Bank Digital Currency (CBDC) and a digital asset infrastructure. The Memorandum of Understanding and Cooperation was signed with Ukraine’s Ministry of Digital
Ethereum’s Price Surge Causes Rise In Transaction Fees
The past couple of weeks have been very exciting for the holders and traders of the number 2 cryptocurrency by marketcap, Ethereum. The crypto asset has seen a increase in USD value of over 60% in the last week alone,
Bitgo Fined For Servicing Sanctioned Users
A recent announcement published by the U.S. Department of the Treasury revealed that the OFAC (Office of Foreign Assets Control) fined crypto platform Bitgo. The fine comes after Bitgo allowed users from sanctioned countries to use its crypto wallet services,
VanEck Returns to SEC With Another Bitcoin ETF Proposal
The U.S. SEC received another application for a Bitcoin ETF from VanEck. This is not VanEck’s first go round with the SEC, as we reported previously, the SEC postponed a decision on an earlier application, which was eventually withdrawn by