Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations… Continue reading Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

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LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx

PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide. Besides the financial support, hundreds of the projects invested by LD Capital will be shared as resources to the participated funds with post-investment services such as strategy consulting, market growth, and capital relations to enable the… Continue reading LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx

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EXCLUSIVE: Dfinity founder shoots down all ‘rugpull’ allegations around Internet Computer (ICP) tokens

Headquartered in Zürich, Dfinity Foundation is a not-for-profit organization that is developing technology for the Internet Computer (ICP ) blockchain and its aggressively growing ecosystem.  After five years of development, the project finally launched its governance token for public trading in May 2021.  Following a day of trading carnage, ICP landed among the top 10… Continue reading EXCLUSIVE: Dfinity founder shoots down all ‘rugpull’ allegations around Internet Computer (ICP) tokens

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The ‘Feels Guy’ Gets Blockchained — Rare Wojak NFT Project to Launch 4,000 Randomly Generated Wojaks

While Pepe the frog and Doge made it into the limelight with unique and rare non-fungible token (NFT) assets, another NFT meme collection tied to the infamous 2010 meme “Wojak” has entered the fray. A new NFT collection stemming from the web portal called rarewojak.com has leveraged the notorious, old-school meme to release a compilation… Continue reading The ‘Feels Guy’ Gets Blockchained — Rare Wojak NFT Project to Launch 4,000 Randomly Generated Wojaks

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USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months

As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since May, USDC’s Market Cap Increased by 54% In recent times,… Continue reading USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months

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Want to meet Satoshi Nakamoto? A bronze statue honoring the Bitcoin creator is now in Budapest

A bronze statue paying homage to “Satoshi Nakamoto ,” the anonymous creator of Bitcoin has been unveiled in Budapest last week. The statue was sculpted by artists sculptors Reka Gergely and Tamas Gilly and the inspiration for the project came from Andras Gyorfi, a Bitcoin journalist based in Hungary. The statue is located in a… Continue reading Want to meet Satoshi Nakamoto? A bronze statue honoring the Bitcoin creator is now in Budapest

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US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies

A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their status as securities, which would have provided much-needed public regulatory… Continue reading US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies

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US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency Crackdown Following the latest news of China’s crackdown on cryptocurrency, several U.S. lawmakers have… Continue reading US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

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Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man

A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto pyramid, remains under detention as well. Finiko Mastermind Doronin… Continue reading Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man

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