Bitstamp helps Stripe scale crypto purchases in the EU
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million.
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Ethereum-based social media project shuts down as ETH fees approach new highs
Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down. 1909 Total views 16 Total shares 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…
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Major P2P crypto platform LocalBitcoins is blocked in Russia
LocalBitcoins’ website has been blacklisted in one of its key markets. LocalBitcoins, a major peer-to-peer cryptocurrency exchange, is no longer available in Russia without using additional tools like a VPN.LocalBitcoins.net is officially blacklisted in Russia as local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information.According to official data, the…
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Crypto Biz: Silvergate shutting down, Alameda suing Grayscale
With the Bitcoin (BTC) halving more than a year away, don’t expect crypto industry narratives to change anytime soon. Nay, crypto winter is still in full force, and the nasty headlines show no signs of abating. This week, Silvergate Bank’s parent company announced it would shut down and liquidate the crypto bank “in light of recent…
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IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.
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Arbitrage bot’s spam attack on the Polygon network generated $6,800 per day
The growth of layer-two protocols has been one of the major stories of 2021 as the rising popularity of decentralized finance (DeFi) and nonfungible tokens (NFT) have driven transaction costs higher on the Ethereum (ETH) network effectively pricing out many participants. Earlier this year the Polygon network, formerly known as MATIC, emerged as one of the…
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Indian Crypto Exchange Launches Blockchain Education Platform
Indian cryptocurrency exchange CoinDCX launched a learning platform dedicated to blockchain and cryptocurrencies. Indian cryptocurrency exchange CoinDCX launched a learning platform dedicated to blockchain and cryptocurrencies.According to a June 16 announcement, the CoinDCX Learn platform is a blockchain and cryptocurrency academy that offers guides, articles, courses and lectures. The firm’s CEO and co-founder Sumit Gupta…
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China’s Central Bank to Inject $4.7M into Blockchain Trade Platform
The People’s Bank of China (PBoC) has secured $4.7 million in funding from China’s central government for its blockchain trade finance platform. The funding will be administered over three years and has been designated for research and development projects.The blockchain platform was initially revealed by the PBoC in Shenzhen during September 2018. The platform is…
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Total crypto market cap hits new all-time high of $1.13 trillion
The 2021 crypto bull market has notched another record, continuing a streak of unprecedented performance. 1169 Total views 9 Total shares The combined value of all cryptocurrencies broke a new record of close to $1.139 trillion at 8:50 a.m. UTC on Feb. 4 . While long-term analysts often eye Bitcoin's solo chances of eating into gold's…