Category Cryptocurrency

Despite encountering a few unforeseen obstacles during its deployment, Bellatrix is now live on Ethereum  The Ethereum devs noted a big spike in missed block rate, which according to the devs, will be automatically debugged before the merge  On September…

The costs associated with trading cryptocurrencies can quickly add up to a significant sum. There are occasions when the fees are so expensive that they consume a substantial portion of a trader’s revenues. Especially for traders with high volume, trading…

Summary: Circle CEO Jeremy Allaire supports Binance’s latest stablecoin announcement. Binance said USDC, TUSD, and USDP would be removed as tradeable assets. Users would be able to deposit and withdraw these three stablecoins regardless of the change, per the announcement.…

Summary: Decentralized finance protocol Aave paused loans for Ether (ETH). Aave’s community voted in favor of the decision in light of Ethereum’s upcoming Proof-of-Stake upgrade. The protocol has recorded higher loan utilization rates leading up to the Merge. Aave’s decision…

The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there…

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western…

India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to Pilot India’s CBDC With Public-Sector Banks The Reserve Bank of…

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches…

This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are…

A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech…