Category Archives: Cryptocurrency News

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…

Changpeng Zhao: “Even with $3 million in donations, there will definitely be critics”

The CEO of the largest crypto exchange Binance, Changpeng Zhao, responded to criticism after large donations in the BNB cryptocurrency to help victims of the earthquake in Morocco. Changpeng Zhao tweeted that the exchange has received a lot of positive feedback from users for the allocated funds. Last week, Binance distributed $3 million in BNB coins to Moroccan users affected by the natural disaster. Additionally, the exchange donated $500,000 in BNB to flood victims in…

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 co-founder of the OneCoin crypto pyramid was sentenced to 20 years in prison

Sebastian Carl Greenwood, one of the founders of the fraudulent crypto-pyramid OneCoin and an accomplice of the so-called CryptoQueen Ruzha Ignatova, was sentenced in the United States to 20 years in prison. OneCoin co-founder Karl Greenwood pleaded guilty to complicity in a $4 billion digital currency fraud and was sentenced to 20 years in prison in New York federal court. Prosecutors had asked for at least 30 years in prison for Greenwood. They said he…

US Senate Banking Committee gives its blessing to Gary Gensler’s fight against crypto companies

The head of the US Securities and Exchange Commission (SEC) spoke before the Banking Committee of the US Senate and spoke about the agency’s policy in the field of crypto regulation. Gary Gensler said his regulator’s mission is threefold: protecting investors, promoting capital formation, and ensuring the orderly and efficient operation of markets. The commission has not only successfully served as a financial regulator, but has also become the “duty policeman” keeping an eye on…

El Salvador introduced the study of cryptocurrency technologies into the school curriculum

The government of El Salvador has launched a general education program on cryptocurrencies for public school students. The training program was launched on the second anniversary of El Salvador’s adoption of Bitcoin as legal tender. Her goal is to educate school teachers about cryptocurrencies so that they can teach their students a course on the basics of cryptography and the use of digital assets. “The introduction of Bitcoin in El Salvador shows that changing the…

Igwe Cresent: “The path of blockchain in Africa must begin with the fight against poverty”

The CEO of Nigerian financial platform Sumotrust & Truzact has said that ending poverty in Africa is critical to the development of the digital asset industry on the continent. Igwe Chrisent, head of investment platform Sumo Trust, at the Stakeholders in Blockchain Association of Nigeria (SIBAN) summit, said that in order to achieve integration of African economies and blockchain technologies, the first priority is to eradicate hunger. “Initially, Africa must eradicate poverty and create a…

Chris Larsen: “The United States screwed up in the regulation of cryptocurrencies”

Chairman and co-founder of Ripple Labs Chris Larsen accused the administration of US President Joe Biden of ruining the regulatory policy for cryptocurrencies in the country, and the US risks losing its leadership in this industry. In a conversation with Bloomberg, Chris Larsen commented on Ripple’s partial victory in court against the US Securities and Exchange Commission (SEC). In July, the court ruled that XRP could not be considered a security on the secondary market,…

Analyst Dan Gambardello compares Cardano to online retailer Amazon

Crypto trader and analyst at Cheeky Crypto compared the development of the Cardano cryptocurrency project to the early years of the international e-commerce giant Amazon. Dan Gambardello tweeted a post noting that despite the significant differences between the goals and technologies of the two organizations, their historical pricing patterns are strikingly similar. Therefore, ADA holders can learn valuable lessons from Amazon’s past. ADA holders experienced a severe bearish trend reminiscent of the Amazon crash in…

The Australian Medical Institute will store its data on the Filecoin blockchain

The Australian Cardiology Research Institute Victor Chang has decided to use the Filecoin blockchain to store a significant amount of its research data. The medical institute has more than 230 researchers and 23 laboratories, so the amount of data generated is quite large. For their storage, the management of the organization chose the Filecoin project – a decentralized storage allows you to securely store research and have access to it from anywhere in the world.…