A Chinese government agency has unveiled guidelines designed to accelerate the adoption and use of blockchain technologies in China. In the latest move from Chinese authorities towards embracing blockchain, the Office of the Central Cyberspace Affairs Commission and the Ministry of Industry and Information Technology set out plans encompassing four separate areas for adoption. The guidelines were published as part […]

The US Securities and Exchange Commission (SEC) announced on Friday that it had charged Edgar M. Radjabli of Boca Raton, Florida, and two entities he controlled for engaging in three separate securities frauds – one of them related to a token offering. According to the press release, Radjabli owned an unregistered investment adviser firm named Apis Capital Management LLC that […]

KEPCO, the South Korean state energy company, announced that it would start overseeing and auditing companies that it suspects of using industrial and agricultural electricity for cryptocurrency mining. According to Seoul Kyungjae, the power supply distributed for both industries are cheaper than the electricity used for general use. Authorities are concerned about the increasing use of crypto mining powered by […]

Cardano is working on a new research project or mechanism to help make transaction fees fair, stable, and more predictable over time, according to a new blog by the network’s parent company IOHK. The blog titled “Stablefees and the Decentralized Reserve System” explains that a good system should have a mechanism for adjusting transaction costs so that it can remain […]

An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the end of 2021. CBN’s CBDC Project to Improve Foreign Remittance Transfers According to the News Agency of Nigeria on Thursday (June 10, 2021), Rakiya Mohammed, an IT specialist at the CBN, mentioned the apex bank’s […]

A bill which would have required miners in New York to halt operations for three years as part of an apparent effort to slow the environmental impact of crypto has been defeated in the state legislature. New York Senate Bill 6486 failed to pass the state assembly today after lawmakers in the Democrat-controlled state senate approved the legislation earlier this […]

Ethereum (ETH) is struggling below the $2,500 and further decline is possible if the bulls fail to resume upside momentum. Ethereum Price Long-Term Analysis: Bullish Ethereum bulls were earlier struggling to sustain above the $2,900 since May 20. The bears have been defending the $2,900 resistance relentlessly. If buyers are successful above $2,900, a rally above $3,100 is expected. The […]

Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could take longer before buying coins back again is a profitable strategy. That’s because the top cryptocurrency is struggling to hold above the middle-Bollinger […]