News

Multinational graphics processing company, Nvidia plans to restart their production of dedicated Graphics Processing Units (GPUs). According to their executive vice president and chief financial officer Colette Kress, the GPUs reproduction is going to be for cryptocurrency miners. The demand for gaming is still higher but they can start to manufacture again once the demand […]

Ripple shows signs of recovery in the market after experiencing a 65% crash due to the lawsuit filed by the SEC. Despite the uncertainty surrounding XRP’s future, some metrics experts say that it’s up for a bullish run in the following months. Right now, Ripple is still facing charges from the SEC’s lawsuit regarding the

The Financial Conduct Authority, United Kingdom’s financial watchdog, said that people who are planning to invest in Bitcoin and other cryptocurrencies should be prepared to lose everything if ever the value of digital assets collapse. According to the FCA, digital currencies are not protected by regulations, which can pose a risk for investors and users

Bitcoin slid by 26% on January 10, 2021 as a sudden plunge is recorded as Bitcoin’s biggest dip since March 2020. A lot of investors and users lost their confidence in the crypto boom. According to the cryptocurrency updates by Yahoo! Finance, Bitcoin’s value dropped by about US$185 Billion. Vijay Ayyar, head of a business

Crypto enthusiast and bar owner Patrick Hughes announced that his bars in New York City are up in the market and is willing to accept Bitcoin or Ethereum as payment from potential buyers. Hughes’ bars called Hellcat Annie and Scruffy Duffy now have signboards in front of the properties with the total property price of

Ukraine’s Ministry of Digital Transformation announced that they have chosen the Stellar Development Foundation (SDF) for its plans for central bank digital currency (CBDC) after Ukraine’s draft cryptocurrency regulation bill passed its first parliamentary hearing last December 2020. Both Stellar and the Ministry of Digital Transformation have signed the ‘Memorandum of Understanding’ in relation to

In the United Kingdom, the ban of selling cryptocurrencies has now been implemented this Wednesday, January 6, 2021. The ban was declared by the Financial Conduct Authority (FCA) back in October 2020 where there was a long period of consultation and deliberation whether the crypto ban will be pushed through. The FCA went on to

Contact and personal information of over 270,000 Ledger users were posted online on sharing marketplace Raidsforum for free on December 20, 2020. Individuals whose email addresses and telephone numbers were posted online soon experienced cyber-harassment such as phishing attempts through email and phone calls. The data leak included over a million email addresses that were

Global investment firm SkyBridge Capital recently launched a Bitcoin fund and invested US$25 million of its own capital to jumpstart the project. The hedge fund is available to investors on January 4 with a minimum subscription size of US$50,000. The firm founded by famous American financier Anthony Scaramucci filed a Form D or Notice of

Major exchange sites Bitstamp, Binance.US, Coinbase and OKCoin among others announced they will be removing Ripple’s token, XRP from their lists of cryptocurrencies after the Securities and Exchange Commission took legal action against the company and its executives Brad Garlinghouse and Christian Larsen. Smaller exchange platforms such as OSL, Beaxy and CrossTower quickly made action