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Dubai is going to do fantastically well says CEO of Bittrex Global

Bittrex Global plans to expands its client base in Dubai

Bittrex Global CEO Stephen Stonberg announced their plans to expand their client base in Dubai during his interview with financial news site Bloomberg last August 29. According to Stonberg, Dubai is one of the cities that will benefit the most in the thriving crypto market in the United Arab Emirates (UAE) and ‘Bittrex expects to […]

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Understanding the different types of blockchain technology

Ever since Satoshi Nakamoto implemented the first blockchain in Bitcoin as a public ledger in 2009, blockchain technology has continued evolving for the past decades.  Its future in financial and inter-agency transactions was further explored by central banks and business organizations, signalling the start of various blockchain projects such as the Blockchain 2.0 that gave

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protest break out

Protests break out in El Salvador against Bitcoin as legal tender

On August 27, just a few weeks before the start of El Salvador’s Bitcoin Law, hundreds of Salvadorans took to the streets of San Salvador to protest against the country’s adoption of Bitcoin as a national currency.  Fearful that the government would start paying their pensions in Bitcoin instead of the US dollar, veterans, retirees

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Filipino merchants prefer Axie’s SLP as mode of payment

After the Axie Infinity game became increasingly popular in the Philippines in 2021, Filipino merchants have taken notice and are now accepting Smooth Love Potion or SLP crypto as a mode of payment. Some of these merchants include Smile Craft Dental Centre, Little Blossoms, The Architect, Ecowash, Swab Republic, Adz Garage and Bakebe to name

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coinbase main internal problem

Coinbase admits internal error for sending security notifications

To set the record straight, Coinbase, the largest US-based crypto exchange, admitted that the email containing details on security changes of 125 thousand users received Friday, August 24 was caused by an internal error.  Company spokesperson Andrew Schmitt assured Coinbase customers that days following the incident were focused on answering queries and concerns through correspondence

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solana price bull

Crypto newcomer Solana soars to 8th most valuable digital asset

Despite being an 18-month-old cryptocurrency, Solana’s market capitalisation skyrocketed to US$30 billion and settled as the 8th most valuable digital coin in the crypto sphere. On August 31, the coin hit its all-time high of US$124, almost doubling its value of US$72 a week before. Although it wasn’t able to maintain its highest value, Solana

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Cardano 3rd top performing crypto

Cardano’s ADA advances as top 3 coin in crypto market

Cardano’s ADA became the third-largest digital asset in the crypto sphere following its bullish trend that started on August 9 increasing its price by over 50%. From its US$1.95 price on August 14, ADA value rose and is currently trading at US$2.50.  The staggering increase in value of ADA followed the anticipated update announced by

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Introducing Theta: What is it and how does it work?

The crypto market is a thriving industry known for its high volatility and innovative technology. Aside from tokens like Bitcoin (BTC) and Ethereum (ETH), developers and tech experts are looking into creating more crypto assets that solve modern-day problems such as low-quality video streaming and third-party fees. An example of this is Theta which is

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bitmex Pay 100 Million

BitMEX agrees to pay $100 million to solve US charges

Cryptocurrency derivatives exchange platform BitMEX has agreed to pay $100 million to the US Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN) due to alleged illegal operations and anti-money laundering violations. BitMEX announced the news on their website last Tuesday, August 10. Last October 2020, BitMEX was accused of illegally running

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