The price of Bitcoin dropped 3% in just 30 minutes after the major cryptocurrency exchange OKEx suspended withdrawals. OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price…
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Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. A number of financial institutions in Russia have expressed interest in testing the country’s central bank digital currency, or CBDC. According to an Oct. 16 report…
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin
Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year. New Zealand-based financial services company Power Finance plans to launch what it’s calling a “world-first” digital version of the New Zealand…
Ripple donates $10M to Mercy Corps during annual Swell conference
Ripple continues its effort to bring financial inclusion to struggling markets. During the annual Swell conference, Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on developing financial inclusion in…
Bitcoin.com Exchange Announces Public Sale of the Atari Token on October 29, 2020
Price per Atari Token: $0.25 IEO platform has been enabled for prospective purchasers to pass KYC before public sale NEW YORK/ PARIS – October 16, 2020 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency exchanges announces the details…
Redditors are now spam-farming Bricks and Moons
Reddit users have discovered they can farm memes for ERC-20 tokens and earn returns comparable to minimum wages in Sub-Saharan Africa A new form of crypto-agriculture appears to be taking shape, with Reddit’s “community points” tokens facilitating the emergence of…
BTC and OKB plunge after OKEx suspends withdrawals
Major exchange OKEx suddenly suspended crypto withdrawals while one its key custodians cooperates with an investigation, shaking the crypto markets Major crypto asset exchange OKEx has suspended cryptocurrency withdrawals, announcing that one of the holders of its private keys is…
3 years after the ICO, Filecoin (FIL) rallies 118% upon listing
More than 3 years after its ICO, Filecoin listed on major exchanges and rallied 118% but it’s too early to forecast an altseason. On Thursday Filecoin (FIL) began trading across major exchanges over three years after its initial coin offering. …
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of…
Almost 1M Ether would have been burnt in past year if fee proposal approved
The long awaited EIP-1559 would have seen almost 1 million ETH burnt in the last 365 days if it had been implemented, but miners are yet to get on board. The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt…