Market Capitalization of USDT Exceeded $60 Billion
Tether's stablecoin USDT has capitalized for well over $ 60 billion for the first time ever after releasing around 6 billion new tokens in the past month. Tether CTO Paolo Ardoino noted that…
Number of Bitcoin Holders Rises to Record High, Data Reveals
The amount of Bitcoin addresses in use has risen to a new high as investors with long-term vision take benefit of the recent price drop to increase their coin piles. The number of…
Bank of Korea Will Start Testing Government Cryptocurrency in August
South Korea's central bank selects a technology provider to create a pilot platform for a government cryptocurrency. Testing will be conducted between August and December this year. The Bank of Korea is looking for…
Chinese Internet Cafes Transform into Mining Farms
Chinese internet cafe vendors are turning their enterprises into crypto mining centres as social distancing measures continue to operate in China. According to The Time Weekly, a huge amount of 24-hour working internet…
The Best Chess Players Will Compete for $100,000 Worth of Bitcoins
In the forthcoming FTX Crypto Cup online chess tournament, the world's top ten players will battle each other for $100,000 worth of Bitcoin provided by the event sponsor and the FTX cryptocurrency derivatives…
Digivault Received an FCA License for Storing Crypto Assets
The Financial Conduct Authority has authorized Digivault to offer custody services for virtual assets in the UK. Digivault is the blockchain and crypto division of Diginex. The company provides cold storage of digital…
Samsung Galaxy Smartphones Get an Interface for Crypto Management
Samsung Electronics revealed that blockchain users can now control and trade crypto assets located on third-party wallets using Samsung Galaxy smartphones. The latest innovation makes it simpler for users to log on to…
Hong Kong Regulator Reports the Success of the Digital Yuan Testing
The Hong Kong Monetary Authority revealed the successful conclusion of the first phase of testing the digital yuan. Now the institution is working on additional tests. The assessment was performed in cooperation with…
Doge Jumps 24% as Musk Hints at Network’s Enhancement
Dogecoin is once again on an upward trend after Tesla’s Elon Musk shared “potentially promising” inside information for the network on Twitter. According to the post made by Musk late Thursday evening, Tesla…
Indonesia Prepares Bill to Tax Cryptocurrency Trading
The Internal Revenue Service of Indonesia is contemplating taxing income generated from digital asset trades. Earlier, preparations to levy a tax on all crypto transactions in the country were described by the Indonesian…