Archive for August 2022
Bitcoin Trading Volume Excluding Binance Remains At Yearly Lows
Data shows the Bitcoin trading volume on exchanges other than Binance has recently been near the yearly lows reached in April. Bitcoin Spot Trading Volume Is Much Lesser When Excluding Binance According to the latest weekly report from Arcane Research, while the daily total spot volume averaged to $8 billion during the last week, this…
Read MoreWhy Japan Could Ease Crypto Rules To Revitalize Economy
Per a report from Bloomberg, crypto investors in Japan might soon benefit from a change in the country’s regulation. The Japanese Financial Service Agency (FSA) has filed a proposal that would grant benefits to individual and corporate investors in the digital asset sector and the legacy financial sector. The shift in crypto regulations follows a…
Read MoreIran Crypto Businesses Finally Get Permitted To Use Bitcoin Payments
Iran has now finally given a green signal to the use of cryptocurrency for imports into the nation while international trade sanctions are underway. This approval has come from Iran’s Industry, Mines and Trade Ministry. Trade Minister Reza Fatemi Amin gave confirmation that these regulations which are quite detailed have been approved and were in…
Read MoreBitcoin Daily Active Users Continue To Test Bear Market Channel
Data shows the daily Bitcoin entities have been recently retesting the bear market channel as the crypto’s userbase observed little growth. Bitcoin Number Of Active Entities Continues To Move Sideways As per the latest weekly report from Glassnode, the BTC network is seeing weak on-chain activity as the daily users have been testing the lower…
Read MoreCrypto.com Sends Woman $10.4 Million By Mistake, Now It Wants It Back
Crypto.com has been catapulted to the limelight once more after a mishap left a customer with more than $10 million. This is not the first time that crypto exchanges would be sending users the wrong amount by accident, but one thing that stands out about this case is how long it took for the company…
Read MoreAva Labs And Roche Fire back, AVAX Shakes Off Losses
It’s been a tough year for the once powerhouse trio ‘SoLunAvax’ – the often mentioned term to reference popular L2s Solana, Luna, and Avalanche. Luna, of course, saw its downfall in recent months and has crumbled to a fraction of what it once was. Solana has still yielded strong growth, but not without its challenges…
Read MoreGaming Ecosystem Myria Launches Its Ethereum Layer 2 Scaling Solution
The blockchain-focused gaming company Myria will launch its highly anticipated scaling solution as a Layer-2 protocol on the Ethereum network. The company, boasting a user base of 1.2 million, affirms that transactions will be instant and secure trades, along with zero-fee non fungible-token transactions. As a Layer-2 protocol on Ethereum, Myria will provide a comprehensive…
Read MoreDubai Pushes Out Crypto Marketing Rules To Further Safeguard Investors
Dubai will soon be pursuing a new license program directed towards the crypto space service providers, local regulators by introducing marketing and advertising rules for the industry. Dubai’s virtual asset regulatory authority (VARA), a cryptocurrency regulatory had proposed for new guidelines on marketing, advertising and promotions of cryptocurrencies. VARA has mentioned about all forms of…
Read MoreFed Announces “FedNow” Fast Payments System For 2023
The Federal Reserve (Fed) Vice Chair Lael Brainard was part of an event to test their upcoming instant payment system, called FedNow. The new payment solution is set for deployment between May and July 2023, as the government official confirmed. Brainard participated in the FedNow Early Adopter Workshop, one of the initiatives working on developing…
Read MoreChangeNOW – Legit Crypto Exchange Totally Worth Checking Out
Coinbase, Binance, Kraken, Gemini… These crypto platforms offer a good old classic exchange/trading service. Yet, although they were immensely helpful during the early crypto days, nowadays, there is nothing to be overly excited about here. In fact, most exchanges take a while to actually exchange cryptocurrency and, on top of that, require users to practically…
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