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OPINION
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
The pilot program will use Pax Dollar (USDP) instead of Diem. The social media giant tapped Coinbase Custody to store crypto assets. US senators…
BLOG
Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
LATEST POSTS
Singapore has taken the first step in formalizing crypto exchanges, as the crypto industry remains cautious of China. Independent Reserve, an Australian crypto exchange, became the first cryptocurrency exchange in Singapore to receive “approval in principle”. The approval of the crypto exchange took place as per the Payments Services…
As a result of this achievement, Binance will now support deposits and withdrawals for ERC20, BEP2, and BEP29 MATIC tokens. This integration would relieve the MATIC users of the need to go through the Ethereum-MATIC bridge any longer. Polygon has gained massive adoption in a short period of time,…
Maharashtra, one of the largest states of India, will use Ethereum Blockchain for verifying education certificates. The initiative is under the partnership between the Government of Maharashtra and LegitDoc. This step will give students tamper-proof diploma certificates and put a stop to forging documents and illegal business behind such…
Binance-owned WazirX exchange in India is once again embroiled in a controversy related to Bitcoin transactions that amounted to 2,790.74 crore rupees. The Directorate of Enforcement initiated a probe on India’s largest crypto exchange over cross-border payments that they say is against the “law of the land.” Comments from…
Three US lawmakers have sent a letter to the US Olympics Committee urging them to restrict the US contingent from using China’s digital Yuan during the Winter Olympics 2022 in Beijing. The Republican politicians Marsha Blackburn, Cynthia Lummis, and Roger Wicker mentioned in their letter that using the digital…
Ukrainian authorities unearthed an illegal crypto mining operation. The illegal crypto mining operation was run with 5,000 computers (including 3800 PS4 consoles), 500 graphics cards, and 50 processing units. The electricity theft by the illegal crypto mining farm resulted in losses between $186,200 and $259,300 per month to the…
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