Norwegian FSA sees urgent need for crypto investor protection

Amid Bitcoin’s (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country. The Financial Supervisory Authority of Norway, or Finanstilsynet, published June 22 a statement on consumer protection of crypto investors, emphasizing that the authority currently does not supervise local crypto companies in terms of […]

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DeFi hub Karura emerges as first Kusama parachain slot auction winner

Karura network has emerged as the winner of the maiden Kusama parachain slot auction. According to an announcement issued on Tuesday, Karura pulled support from over 15,000 entities who staked Kusama (KSM) tokens in favor of adding the decentralized finance hub as the first Kusama parachain. In total, Karura locked up over 500,000 KSM currently valued at $90 million based […]

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Ethernity Chain (ERN) Goes Live On Binance’s Innovation Zone

George Town, Cayman Islands, 22nd June, 2021, Ethernity Chain (ERN) is coming to Binance’s Innovation Zone and will receive three trading pairs later today. The popular community-oriented platform with a strong focus on authenticated and limited edition NFTs has received a lot of attention lately. This token listing further enhances the appeal of what Eternity Chain brings to the table. […]

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Cointelegraph Consulting: A review of SushiSwap roll-outs

Launched in August 2020 as a fork of the Uniswap decentralized exchange, SushiSwap briefly surpassed its competitor. Now ranking third behind Uniswap’s v3 and v2, the DEX rolls out numerous integrations with major networks beyond its native Ethereum blockchain to offer users a single entry point and lower fees.  The SushiSwap protocol is one of the largest proponents of a […]

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UN sees blockchain technology as tool to fight climate crisis

Amid ongoing concerns over Bitcoin’s (BTC) carbon footprint, the United Nations has said out that cryptocurrency’s underlying technology has massive potential for fixing global issues like climate change. The UN will keep exploring the uses of blockchain technology as a way to fight the climate crisis and help reach a more sustainable global economy, according to an article published on […]

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Earth Wallet Association Announces New Self-Custody Wallet For The New Web 3.0

Earth Wallet Association has announced a new self-custody wallet for the next generation of decentralized autonomous organizations (DAOs), decentralized finance, (DeFi), and decentralized applications (DApps) built on Web3.0. Earth Wallet claims to be the first self-custody wallet for the new Internet Computer Protocol (ICP), which can be used as a way to recreate the web but in an even more […]

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FX Demand on CLS Soars by 21% YoY in May

CLS Group, a major foreign exchange settlement provider, published some of its key trading metrics for May, showing a jump in demand across all offered FX products. The platform offers services with FX spot, FX forward, and FX swap instruments. The average daily trading volume for the month came in at $1.798 trillion, which is only 1 percent higher than […]

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