Category Archives: Cryptocurrency News

Stuck DOGE Binance Transactions Affected About 1600 Users

Binance cryptocurrency exchange will resolve the issue of “stuck” due to the bug with DOGE transactions directly with affected customers. The coin withdrawal will be disabled for another two weeks. Last week, November 10, Binance announced difficulties due to which it was forced to suspend the withdrawal of DOGE coins after updating the exchange wallet to version 1.14.5. Some users reported that large amounts of DOGE had disappeared from their balances and even debts appeared.…

Forexsuggest: Bitcoin and Ethereum are the most damaging to the environment

Forexsuggest has conducted research on the environmental impact of cryptocurrencies. The resource considers bitcoin and ether to be the most “harmful”, and Stellar is the “purest” cryptocurrency. The authors of the report calculated the estimated carbon emissions and the amount of resources that are used to neutralize the impact of CO2 on the environment. The report says the researchers used data from Statista, Business Insider India, Laptop Mag and other sources for analysis. After compilation,…

Taproot successfully activated on the Bitcoin blockchain

Another major soft fork has been activated on the Bitcoin blockchain, which is aimed at increasing the privacy and reliability of the blockchain in the long term. On Sunday, November 14th at 8:15 am Moscow time, block 709 632, the largest update in the Bitcoin blockchain this year was activated. Taproot is the most important update since the Lightning Network and Segregated Witness (SegWit) updates. The Taproot update aims to improve the privacy and security…

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…

Bitcoin suisse added support for Lightning Network

Bitcoin Suisse adds support for the Lightning Network Swiss cryptocurrency broker Bitcoin Suisse has added support for a second layer Lightning Network solution for making fast and cost-effective payments in bitcoins. Bitcoin Suisse became the first cryptocurrency payment operator in Switzerland to use the Lightning Network, according to a press release from the company. The solution will provide instant transactions with Bitcoin, as well as low fees for Bitcoin Suisse users and the French payment…

Binance suspended DOGE withdrawal due to Dogecoin update

Binance cryptocurrency exchange has suspended DOGE withdrawal. This may be due to the resumption of stuck transactions after the recent Dogecoin 1.14.5 update. The exchange reported finding problems with the withdrawal of DOGE, but did not specify what they were. Binance is liaising with the Dogecoin team on this matter. However, the Dogecoin 1.14.5 update created serious problems for some users. They complain that Binance initiated the withdrawal of DOGE without their consent, and now…

Robinhood reported about data breach of 7 million users

The trading platform reported a cyberattack, as a result of which the information on 7 million users of the site was compromised. In a blog post, the company reported that on the evening of November 3, criminals used telephone and social technology to influence a customer support employee and gain access to a customer support system. As a result, hackers stole the email addresses of approximately 5 million users, as well as the full names…

Swedish regulators urge to ban mining of cryptocurrencies in the EU

The Swedish Greens’ proposal is largely in line with China’s path: they want to ban Bitcoin mining and restrict investment until it is “environmentally sound”. Swedish power engineers disagree. Heads of departments are concerned about the high level of electricity consumption by miners. Financial Conduct Authority CEO Thedéen Erik and Swedish Environmental Protection Agency CEO Björn Risinger are urging the EU to consider completely banning energy-intensive cryptocurrency mining using PoW (proof of work). The heads…

Basel Committee will finalize guidelines for banks’ work with cryptocurrencies in 2022

The Basel Committee of the Bank for International Settlements will review the proposed capital requirements for banks using cryptocurrencies and develop a more flexible regulatory document. On November 9, the regulator announced that it will finalize an advisory document for the banking system, which will clarify the proposed requirements for the reserve capital of banks that use cryptocurrencies, and will issue updated regulations by mid-2022. The statement was released after the Basel Committee considered the…

Amazon and Venmo announced a partnership to expand payment options for US users

American users of the mobile payment service Venmo, owned by the payment company PayPal and which added support for cryptocurrencies, will be able to pay for purchases on the Amazon site. According to a press release from PayPal, the partnership with Amazon, one of the world’s largest online retailers, will enable more than 80 million US Venmo users to use Amazon’s online shopping service and mobile app next year using a Venmo account. Venmo recently…