Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Anchorage gets OCC’s first national charter granted to a crypto bank
With Acting Comptroller Brooks on his way out the door, the OCC has given its first digital bank charter. 1468 Total views 12 Total shares Custody pioneer Anchorage is the first crypto firm to see a charter from the U.S. national bank regulator.Per a Wednesday announcement from the Office of the Comptroller of the Currency,…
Bitcoin-based tracking platform Eggschain partners with Boston IVF
The partnership will use blockchain technology for some of its best-suited use cases in increasing transparency, verifying data, and storing sensitive genetic information. 277 Total views 31 Total shares The Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States.The new partnership…
Kaspersky ranks cryptojackers among top malware threats in Africa
Some of the most common methods of duping crypto investors include false advertisements claiming to sell mining equipment and fake websites posing as crypto exchanges. 213 Total views 9 Total shares Russian cybersecurity firm Kaspersky has detected more than 1,500 fraudulent entities targeting potential crypto investors and miners just in the first half of 2021.…
‘Why I spent $111K on a digital F1 Car’ — NFT collector
The buyer of last year’s most expensive NFT has finally come forward. 847 Total views 14 Total shares In May 2019, a non-fungible token representing the first digital F1 car minted for the blockchain game F1 Delta Time was sold for a record breaking $110,000. The winner of the auction has just come forward, revealing…
Fruits of the land: Blockchain traceability gives farmers a competitive advantage
The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, f the United States in 2018. The report further noted that agriculture could account for more than 25% of GDP in developing countries. Meanwhile,…
UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021
The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms.Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm that has been issued with an in-principle approval ahead of the country’s forthcoming regulatory framework for crypto asset…
ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype
ALGO price struggles to clear technical resistance despite the ongoing Algorand-FIFA partnership hype. 404 Total views 3 Total shares Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA's official blockchain solution provider. Nonetheless, the ALGO/USD pair continues to face selloff risks.High-profile partnershipALGO's price jumped 20% to $0.74, its highest level since April 22.…
UK’s FCA bans retail crypto derivatives after year-long consideration
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers.The decision comes…