Bank of New York Mellon, America’s oldest bank, has announced plans to hold, transfer and issue Bitcoin (BTC) and other cryptocurrencies as an asset manager on behalf of its clients. The impetus for the decision reportedly came from institutional investors — the top brass of BNY Mellon’s clientele — amid the 2021 bull season for the asset class.  As the […]

  Tesla’s $1.5 billion Bitcoin purchase that took place at the beginning of this week has had a major impact on the crypto industry: not only did the price of BTC shoot up by 25 percent overnight, but the world’s attention was, once again, turned onto Bitcoin. Therefore, Bitcoin was able to maintain some of the gains that it had […]

An Ethereum-based project has been forced to cease development due to rising gas prices, as the cost of transacting on the blockchain continues to push new highs. The official Twitter account for social media token project Unite announced on Feb. 10 that the project was no longer in active development, adding that the original idea for the project had been rendered unfeasible […]

According to the official sources, MXC has begun its “Moasis Project” by setting up a 5 million USDT specialized fund, using Grant incentives to encourage different projects from Ethereum or Polkadot to create new ways of using the MX token, exploring different ecosystems and their potential to integrate with MX.  From February 11 16:00, developers can submit their application through […]

Multi-asset broker Exness has just announced that it has become the official sponsor of Forex Traders Summit – Dubai 2021. Forex Traders Summit is the biggest and most important economic conference in the UAE and Gulf Cooperation Council in 2021. Major investors, economists and traders from inside and outside the GCC are expected to attend. Attendees from the global fintech […]

Amazon, the massive e-commerce and cloud computing services platform, is planning to launch a digital currency project as it has started to hire staff in Mexico and the United States. According to several newly posted job roles, the American company is has named the new project ‘Digital and Emerging Payments,’ which will allow the conversion of cash into digital currency. […]

Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs for website traffic. Binance chief executive Changpeng Zhao, or CZ, tweeted the exchange had experienced a new all-time high for traffic on Feb.10, stating the […]

Live streaming webcam platform Stripchat is among several adult websites experiencing a boom in crypto payments over the past year. The adult social streaming and entertainment platform revealed in a blog that cryptocurrency is rapidly becoming a preferred payment method for many users and performers on the webcam-based website. It is estimated that the platform has over 300,000 models and […]

A new report suggests that Cosmos, Polkadot and NEAR could fail to take off if they are perceived to have an issue with centralization — as the example of EOS demonstrates. Non-custodial crypto asset exchange ShapeShift has published a report predicting that Proof-of-Stake scalable smart contract networks Polkadot, Cosmos, and Near will be thoroughly put to the test this year. […]