Dogecoin, the popular meme-based cryptocurrency, recently experienced a tenfold increase in its daily transaction volume, setting a new record. This surge in activity was triggered by the introduction of a new mechanism that enables the issuance of tokens on the…
Cryptocurrency Ban: Implications for Tourists and the Future of Digital Payments in Bali
In a recent development, the Bali Provincial Government in Indonesia has announced a ban on the use of cryptocurrencies for payments by foreign tourists. This move, which includes popular digital currencies like Bitcoin and USDT, signifies a significant shift in…
Crypto Payments Illegal in Tropical Paradise of Bali
Bali, one of the most popular tourist destinations in Indonesia, has issued a stern warning to visitors who use crypto for payments on the island. Wayan Koster, the governor of Bali, said that the rupiah is the only legal tender…
Altcoins at a Glance- Get Your Latest Crypto Briefs
Welcome back to Altcoins at a Glance. The Altcoins space has been relatively quiet this week. but we know that you’ll be expecting your news briefs so we have searched for the most interesting topics for you. Your NFT Can…
Your NFT Can Now Be Used as Collateral – Binance
Binance, the world’s largest crypto exchange by transaction volume, has launched a new feature for non-fungible tokens (NFTs). These unique assets represent anything from art, music, and gaming items. Binance is now allowing users to borrow crypto using their NFTs…
Crypto Startup Co-Founded by Sam Altman Raises $115 Million: An Overview of a Recent Funding Round in the Crypto Space
Sam Altman’s Crypto Startup Secures $115 Million in Funding A cryptocurrency startup co-founded by tech luminaries Sam Altman and Joshua Browder has recently made headlines by successfully raising an impressive $115 million in a funding round. Altman, the former president…
Hong Kong’s New Regulatory Stand: Retail Customers Barred from Stablecoin Trading – A Strategic Move towards Investor Protection
Hong Kong Tightens Stablecoin Trading Regulations The Hong Kong Monetary Authority (HKMA) has recently disclosed its new regulatory stance on stablecoins, stating that retail customers will no longer be permitted to participate in stablecoin trading. This initiative exhibits Hong Kong’s…
Eye-opening Scenario for Crypto Exposed by Ex-Coinbase CTO
Balaji Srinivasan, the former Coinbase Chief Technology Officer (CTO), has revealed a frightening scenario where crypto keys are hacked by government-sanctioned backdoor attacks. He pointed out a future possibility that bankrupt governments do not have enough Bitcoin to fund their…
Banking Commissioner Strikes Settlement with Bitcoin of America
Connecticut’s Banking Commissioner Announces Major Settlement with Bitcoin of America The Department of Banking in Connecticut, under the leadership of Banking Commissioner Jorge Perez, has successfully negotiated a settlement with the popular cryptocurrency organization, Bitcoin of America. The company had…
Charles Hoskinson Accuses Ethereum Classic of Scam Tactics After Excluding Ergo from PoW Summit
Charles Hoskinson, co-founder of the renowned Cardano blockchain, has stirred controversy in the cryptocurrency community by calling Ethereum Classic (ETC) a “scam.” This accusation came in response to the alleged exclusion of the Ergo platform from the Proof-of-Work (PoW) Summit.…
Hacker sent back $90 million funds to Euler Finance
Earlier this month, Euler Finance, a decentralized finance (DeFi) protocol, fell victim to a $200…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler…