Facebook Announces Rollout Crypto Wallet Novi With Coinbase

Facebook has joined forces with US-based cryptocurrency marketplace Coinbase on a new project, Novi, that involves creating a digital wallet that allows people to send money internationally without the burden of additional fees being levied. Novi has been in the works for a long time, and will be running pilot programs in the US and … Read more

Bitcoin Is ‘Better Gold Than Gold,’ Dogecoin Is ‘Fun’: Mark Cuban

Billionaire investor Mark Cuban, the Shark Tank investor and Dallas Mavericks owner, has once again spoken up about cryptocurrency. This time, he chose to talk about some of the most popular crypto coins. According to Cuban, not all digital currencies are equal though the entire crypto market has seen a boost in the past year. … Read more

Bitcoin Not Gold Is the Better Hedge Against Inflation, Says JP Morgan

Bitcoin is taking the charm off gold. In a note to investors, JP Morgan, the leading American investment banking company, said that Bitcoin is appearing to be a better hedge against inflation than gold. Bitcoin supporters have long tried to assert that the cryptocurrency promises better and quicker returns than gold and many people prefer … Read more

Cryptocurrency in China: What’s New in Country’s Latest Crackdown?

China’s most powerful regulators have intensified the country’s crackdown on cryptocurrencies with a blanket ban on all crypto transactions and crypto mining. The move sent Bitcoin and other major coins lower, as well as pressurising crypto and blockchain-related stocks. What’s new?Ten Chinese agencies, including the central bank and banking, securities and foreign exchange regulators, have … Read more

NFT-Based Splinterlands Is Now the Most Widely Played Blockchain Game

NFT trading game Splinterlands has become the most popular blockchain game in the market, according to data provided by DappRadar. It confirms that the game has crossed 260,000 daily users to hit the most-popular milestone. At the time of writing, the daily user base stood at around 283,950. Blockchain games offer a fun way to … Read more

US Treasury, Financial Industry Said to Discuss Stablecoin Cryptocurrency

The US Treasury Department met with a number of industry participants this week to quiz them about the risks and benefits posed by stablecoins — a rapidly growing type of cryptocurrencies, the value of which is pegged to traditional currencies, according to three people with direct knowledge of the meetings. Washington policymakers are alarmed at the … Read more

Binance Restricts Services in Singapore After Regulatory Pressure

Embattled Binance, one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s central bank said it should stop offering payment services. The Monetary Authority of Singapore became the latest regulator to take aim at Binance, warning last week that its global platform, Binance.com, could be … Read more

Reese Witherspoon, Paris Hilton Jump on to the Crypto Bandwagon

Cryptocurrency has garnered the attention of entrepreneurs and celebrities alike. Oscar-winning actress Reese Witherspoon said recently that she has bought her first Ethereum coin. This was followed by yet another celebrity, the socialite-entrepreneur Paris Hilton, who shared her love for Bitcoin on Twitter. Ethereum and Bitcoin are the two top cryptocurrencies in terms of market … Read more

Twitter Working on Bringing Cryptocurrency Support to Tip Jar

Twitter is found to be working on allowing users to add Bitcoin and Ethereum addresses to their profiles to receive tips in cryptocurrencies. The new addition could be aimed to upgrade the Tip Jar feature that the microblogging network introduced earlier this year. Twitter is working on the ability to let users receive tips in … Read more