Burundi, a country in the Middle Eastern part of Africa has joined the list of African countries that have banned Bitcoin, cryptocurrencies and any form of digital trading. In a report by Bloomberg, it stated that Burundi had banned Bitcoin and every other form of digital trading from its soil because it can no longer … Continue reading Bitcoin and Other Cryptocurrency Trading Now Declared Illegal in Burundi
Libra has well-known problems. With the US government and other global governments becoming involved in the future of the system. Reporting from the Wall Street Journal, major financial partners including Visa and MasterCard are reconsidering their involvement. The Libra association has a multi-billion valued network. 28 partners consisting of payment options, marketplaces, telecoms, and non-profit groups. Visa … Continue reading Libra Association – Visa and MasterCard Have Second Thoughts
The Asian Financial Forum (AFF) will be hosted at the Hong Kong Exhibition and Convention Centre over two days beginning on 13th of January. The AFF brings together some of the most influential leaders of the global financial and business community to discuss developments and trends in the dynamic markets of Asia. Blockchain, cryptocurrencies, fintech … Continue reading Unveiling the Top 5 Surprising Views on Blockchain by AFF leaders
Digital currencies are becoming a new normal for the past few decades. Digital innovation is emerging at the speed of light in the digital space to make cryptocurrencies more safe, useful, reliable, applicable, and ensure their global presence. Digital currencies utilize blockchains as additional networks, similar to ACH and RTP networks. Previously, the number of fiat gateways … Continue reading Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream
Alfred Kelly, the Chief Executive Officer of payment services provider Visa Inc has reiterated the company’s plans to work with Bitcoin wallets to enable the conversion of BTC to fiat currencies. Per the reports on the matter, the proposed plans by the company will position it to be the mainstream payment firm championing the global … Continue reading Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat
More than $1 billion worth of crypto have spent in the first six months this year by consumers globally, Visa announced Wednesday. Attributed to cryptocurrency adoption continues to scale the heights, the payment giant acknowledged that this amount spent on goods and services by using its crypto-linked cards primarily. Making cryptocurrencies more usable According to Visa’s CFO, Vasant Prabhu … Continue reading Visa Card Holders Spend Over $1B in Crypto in the First Half of 2021
Yield generation Defi protocol Delta One on the Solana blockchain has announced that it has raised $9.1 million in a seed round led by Alameda Research and Ship Capital. Delta One has raised a total of $9.1M in a seed round raised on Tuesday, Apr 19. The funds will be used for the core development and … Continue reading Solana-based Defi Protocol Delta One Raises $9.1M in Seed Funding
Celsius Network on Monday denied reports of the CEO leaving the US, claiming that all related allegations are false. A spokesperson from Celsius responded to Blockchain.News saying: “Consistent with our previous messages, all Celsius employees – including our CEO – are focused and hard at work in an effort to stabilize liquidity and operations. To that end, … Continue reading Celsius Denies Allegation of CEO Leaving US
Ethereum Foundation’s Sale Raises Red Flags On October 9, 2023, blockchain analytics platform Scopescan reported that the Ethereum Foundation sold 1,700 ETH, equivalent to approximately $2.76 million, for USDC. The transaction was confirmed by the Ethereum Foundation’s address 0x9ee457023bb3de16d51a003a247baead7fce313d. This sale has raised concerns about the financial outlook for Ethereum, as it may be interpreted … Continue reading Ethereum Foundation's 1.7K ETH Sale Signals Potential Price Downturn
Paul Grewal, the Chief Legal Officer at Coinbase, voiced a strong stance against funding malicious entities through cryptocurrencies in a series of tweets on October 11, 2023. His tweets come amidst escalating geopolitical tensions involving Israel and the terrorist organization, Hamas. Grewal labelled the situation as “evil,” emphasizing that no funds should be directed towards … Continue reading Coinbase Legal Chief Urges Swift US Crypto Legislation Amid Israel-Hamas Tensions