News
Crypto Exchange Poloniex Drops KYC
Currently, several exchanges have introduced costly know-your-customer (KYC) rules to improve compliance with regulatory requirements. However, Poloniex is making a turn in the opposite direction as it has been found that non-verified customers can trade … Read More
Binance Invests Undisclosed Sum in Crypto Derivatives Platform FTX
Binance today announced the investment in the crypto derivatives exchange platform FTX. The objective of this investment is to further the growth and development of the crypto-currency ecosystem. FTX offers perpetual and quarterly futures for … Read More
MoneyGram CEO Says Ripple and XRP Could ‘Truly Transform’ Global Payments
MoneyGram CEO Alexander Holmes is offering new insight on the company’s partnership with Ripple. The two companies teamed up in June, with Ripple buying a $50-million stake in the payments giant. MoneyGram is now using … Read More
Bitcoin (BTC) Price Still Follows Stock-to-Flow Model
While the massive correction of Bitcoin by 40 percent from its annual high of $ 13,7k could jeopardize the new bull market, it actually stays in line with the stock-to-flow (STF) model. Therefore, it is … Read More
Cardano’s Testnet Is Live
Within 24 hours of Cardano’s testnet going live, Cardano (ADA) holders have staked more than 5 billion ADA coins, worth around $195 million. Since the Shelley testnet went live, more than 240 staking pools have … Read More
Venezuela will begin airdropping Petros
The announcement was made by the country’s President Nicolás Maduro that revealed that every eligible citizen would be receiving 0.5 Petro tokens in a giveaway next week. Although it may seem like a small amount … Read More
Kraken Launches Tezos (XTZ) Staking
Tezos ($XTZ) has been consistently successful in the past few weeks. Despite the more general market downturn in recent days, XTZ is one of the few cryptocurrencies that has remained bullish throughout. The coin has … Read More
Bitcoin Mining Centralization Reaches Record Levels
Chinese Bitcoin miners now control a record proportion of the network’s hashrate, according to new research. An estimated 65% of BTC mining now happens in China. CoinShares, a digital asset investment fund, noted this high … Read More