Karen Bombersnoot

Binance, the world’s largest crypto exchange, has forbidden its users to use the KRW in their transactions on the platform. The ban applies to trading, P2P transactions and deposit payments.  Reasons behind The reason for this, as the company explained, is to act according to the South Korean legislation.

Ripple’s Flare Network has announced its upcoming collaboration with the Global Esports Federation (GEF). The gaming community is planning to popularise blockchain-based solutions together with Flare. What is The Flare Network? The Flare Network is a blockchain-based system that employs the Flare Consensus Protocol (FCP). It is basically a…

The United States has joined the investigation into Mirror Trading International (MTI), one of the largest South African cryptocurrency firms. The US is deemed to protect the interests of several major investors. What is MTI? Mirror Trading International is a crypto pyramid named as 2020’s biggest investment scam. The firm…

PayPal is hiring more than a hundred specialists to work on the upcoming cryptocurrency and blockchain projects. The core reason behind is the expansion of the company’s service sector, which has recently been moving towards the digital industry. “We are waiting for you!”  According to Bitcoin.com, most of the…

Singapore, one of the most crypto-friendly jurisdictions, has announced its plans to explore and develop new scenarios for the use of blockchain, IoT, AI and 5G technologies. The initiative was born out of a collaboration between JTC, a state agency, and the Wanxiang Blockchain Research Institute. Smart city reality…

Bitcoin’s hash rate has been showing signs of recovery amid a gradual return of some Chinese miners, who have already moved some equipment outside of the country. Upward hash rate trend The BTC hash rate 7-day smoothed moving average chart demonstrates an upward trajectory that started in early July.

Genesis Digital Assets, a cryptocurrency mining operator, has raised $125 million (~£90 million) in equity funding to boost its expansion in the US and the Nordic region. Pursuing bigger plans According to the press release, the latest funding round was led by Kingsway Capital, a UK-based private equity…

Fireblocks, a crypto custody firm, has raised $310 million (~£223 million) in Series D funding round, valued at more than $2 billion (~£1.4 billion). Run of sponsor luck In the last 24 mths, Fireblocks has had the honor to help launch & scale 500+ digital…