News

Cryptocurrency payments provider Wirex has received an operating license from the U.K.’s Financial Conduct Authority (FCA). Wirex Receives Third FCA License The development marks the third license awarded to a cryptocurrency business. Trading behemoth Coinbase and crypto-startup Circle were also awardees of the approval. We are more than proud to announce that Wirex Limited is only […]

Yesterday, nine Bitcoin ETF rejections were issued by the U.S. Securities and Exchange Commission. In a possible change of heart, the SEC has placed the Bitcoin ETF denials under review. Bitcoin ETFs Still on the Horizon The U.S. Securities and Exchange Commission (SEC) is currently reviewing its disapproval of nine Bitcoin ETF proposals by ProShares, […]

Canada’s National Research Council has launched a new Ethereum blockchain explorer for public use, according to a press release. Canada’s Move Toward Transparency The development is one of the world’s first instances of a country building an explorer platform, and the new blockchain explorer will be used to provide the public transparency to government frameworks, specific […]

Despite a nationwide crackdown on cryptocurrencies already in place, the Chinese government went one step further and passed a decree forbidding all crypto-related events in Beijing’s financial district. No More Crypto Events According to local news outlet South China Morning Post, authorities banned all hotels, malls, office buildings and other commercial properties from hosting “cryptocurrency talks […]

The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region. Thailand’s Hopes for Economic Boost As per details of a press release, BoT referred to the protocol as a “wholesale” Central Bank Digital […]

After a referendum was launched to demote Dash CEO Ryan Taylor due to missed deadlines, one disgruntled Dash community member put the privacy coin’s decentralized governance model to the test. Submitted Aug. 6 by user SavingPrivateDash, the proposal suggests that Taylor should be bumped down to an advisory role and that human resources should appoint […]

The U.S. Federal Trade Commission (FTC) is blowing the whistle on of a new Bitcoin blackmail scam—one purportedly targeting men with a disposition for extramarital “activity.” According to the government’s consumer protection watchdog, allegedly unfaithful men are being sent letters by scammers demanding a “confidentiality fee,” payable in Bitcoin, in return for silence. The letters also […]

With increasing regulatory scrutiny, cryptocurrency exchanges are preparing for the proliferation of security tokens, and fintech startup Securrency is ahead of the curve in issuing them. John Hensel, COO and co-founder, shared his perspective on the shifting cryptocurrency landscape and the company’s progress. Founded in 2015, Securrency is a fintech company that combines legal financial […]

After trading sideways for a week, Bitcoin volatility came back roaring with a 6 percent move, adding $5 billion to the total market cap in about 20 minutes. In the world of crypto, 5-6 percent moves in minutes are the norm, although it’s not often that one can point to a specific catalyst for pumps. […]

With growing adoption, cryptocurrency debit cards are becoming more prevalent worldwide. Launched Aug. 22,  Revolut released a new metal debit card that gives customers cashback in cryptocurrency. Earn Bitcoin After Each Transaction Yesterday, fintech startup Revolut revealed its new Revolut Metal debit card for premium customers–giving access to additional perks and features including cashback in cryptocurrency. Based in […]