Category Archives: Cryptocurrency News

Iran suspended the work of licensed mining companies until August

Iranian First Vice President Eshak Jahangiri has called on all licensed miners in the country to stop operating due to the ongoing energy crisis. According to the Tasnim News Agency, Eshaq Jahangiri said in a meeting with Department of Energy officials that electricity consumption restrictions for cryptocurrency miners are likely to remain until early August. In May, the Iranian president approved a ban on mining cryptocurrencies until September 22, as mining overloads the country’s energy…

DappRadar: $ 2.5 billion worth of NFTs sold since early 2021

In the first half of 2021, NFT sales reached $ 2.5 billion. Since March, sales of non-fungible tokens have ranged from 10,000 to 20,000 NFT per week. According to a Reuters publication citing data from DappRadar, in the first half of 2021, non-fungible token (NFT) sales totaled $ 2.5 billion.   In the first quarter of 2021, interest in the industry grew – non-fungible tokens became popular in the art world after the artist’s painting…

Found 8,000 BTC from South African Pyramid Mirror Trading International

The South African Mirror Trading International (MTI) pyramid has been finally liquidated. The investigation found another 8,000 BTC appropriated by the founders of the pyramid. The Cape High Court approved the final liquidation of MTI this week, according to Moneyweb. The company was temporarily liquidated in December following numerous customer complaints of fraud. In January, South African regulators officially shut down Mirror Trading International. Investigators found the 8,000 BTC collected by the organizers of MTI,…

Binance Exchange suspended deposits through SEPA payment system

Cryptocurrency exchange Binance has announced that it has temporarily stopped accepting deposits from bank accounts through the key European payment system SEPA. Work with the Single Euro Payments Area (SEPA) was suspended today, July 7, at 10 am Moscow time. The reason for this decision, representatives of Binance called “events beyond our control.” The SEPA system connects payment platforms across Europe and makes it easier for businesses to make bank payments. Binance used various intermediaries…

Tech Mahindra will deploy a solution on the blockchain to track the supply of vaccines from COVID-19

Indian IT giant Tech Mahindra and StaTwig are deploying VaccineLedger to address supply chain issues that affect COVID-19 vaccine stocks and shelf life. Blockchain company StaTwig tested the VaccineLedger solution in India and the USA back in 2019. The company recently partnered with Indian IT giant Tech Mahindra to roll out the solution as part of a coronavirus vaccination campaign around the world. VaccineLedger’s goal is to increase the transparency of the vaccine supply chain.…

Hideki Murai: “We will shape the digital yen by the end of 2022”

A politician who leads the digital currencies study group in Japan’s ruling party said that by the end of next year, lawmakers will shape how the digital yen works. Hideki Murai of Japan’s Liberal Democratic Party said that by the end of 2022, lawmakers will have a “clearer picture” of what Japan’s state-owned cryptocurrency should be like. Although lawmakers do not plan to make a decision on the issuance of the state cryptocurrency anytime soon,…

Thailand’s SEC accused Binance of illegal transactions

The Securities Commission of Thailand (SEC) announced that it has opened a criminal case against the cryptocurrency exchange Binance on charges of illegal financial transactions. Several regulators are already investigating the activities of the largest cryptocurrency exchange, but the step taken by the SEC of Thailand has become the most serious – regulators of other countries are limited to only warnings. The SEC said in a statement that the regulator sent a letter to the…

Cayman Islands regulator announced lack of license from Binance exchange

The Cayman Islands Monetary Authority (CIMA) said that the Binance cryptocurrency exchange is not licensed and licensed to operate in the country. According to media reports, the trading floor is registered in the Cayman Islands. However, CIMA said the exchange is not licensed to trade cryptocurrencies on these islands or within the British Overseas Territories. According to the department, Binance, Binance Group and Binance Holdings Limited are not under the control of CIMA. Therefore, the…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

The Central Bank of Ukraine received the right to issue state cryptocurrency

The Verkhovna Rada of Ukraine adopted in the second reading the Law “On Payment Services”, which gives the Central Bank of the country the right to issue state cryptocurrency, which is recognized as legal tender. On Wednesday, June 30, the majority of deputies of the Verkhovna Rada of Ukraine voted for bill No. 4364. After the law comes into force, complex changes will take place on the payment market of Ukraine. The new law contains…