Category Archives: Cryptocurrency News

Ethermine pool launched the function of “private” transactions without output to a public mempool

The Ethermine pool team has added a “private” transaction feature to improve trading efficiency on DEX. Its support is already present in the Metamask wallet. According to the announcement from the Ethermine team, the Private Remote Procedure Call Endpoint for Ethereum (ETH) feature has been added to the pool toolbox. Thus, traders of DeFi platforms can configure token transactions to be carried out exclusively through Ethermine servers and blocks mined by the pool itself, without…

Evolve Funds Group launched Canada’s first combined Bitcoin and Ethereum ETF

Evolve Funds Group has launched Canada’s first Bitcoin / Ether-linked ETF, the Evolve Cryptocurrencies ETF. It is listed on the Toronto Stock Exchange. Evolve President and CEO Raj Lala said the “multicryptocurrency” ETF will be the first of its kind in Canada and North America in general. Despite the fact that Bitcoin and Ether correlate to some extent with each other, they have different profitability profiles. Therefore, an exchange-traded fund, pegged to two cryptocurrencies at…

Visa presented a solution for the interaction of cryptocurrencies, stablecoins and digital currencies of the Central Bank

The new project of payment operator Visa on blockchain interoperability may become a universal standard for different types of public and private blockchains. Global payments giant Visa has unveiled a project to become a “universal blockchain adapter.” The new product creates a space where various cryptocurrencies, stablecoins and government digital currencies can interact. Visa has announced that a research group is working on a Universal Payment Channel (UPC) solution. The channel will become the hub…

South Korean regulator has banned employees of cryptocurrency exchanges from trading tokens of their site

Shortly after the closure of 35 unregistered cryptocurrency exchanges, the South Korean regulator banned exchange staff from selling tokens issued by these platforms. The South Korean government has introduced an additional clause to the Financial Institutions Reporting Act (FTRA). According to a statement from the Financial Services Commission of South Korea (FSC), trading platform operators (VASP) and their staff are prohibited from trading the tokens issued on the site. The Conflict of Interest Rule also…

China tests digital yuan apps in Xi’an

Against the background of the tightening of the ban on mining and the use of cryptocurrencies in China, the government of the country launched a large-scale campaign to build “Digital China”. The city of Xi’an, which has a population of about 6 million, has been selected to promote and implement pilot applications for the digital yuan. The project involves the National Bank of China (NBK), the province’s commercial banks, and the ministries of agriculture, industry…

China dealt a double blow to Bitcoin and Ethereum mining

The two largest mining pools, F2Pool and Sparkpool, are forced to take drastic measures due to bans by the Chinese government. ASIC miner manufacturers and pools turned out to be the last major enterprises in China to be involved in the cryptocurrency industry. And the complete ban on operations with cryptocurrencies for business dealt them the last serious blow. The largest Bitcoin mining pool, F2Pool, denied service to miners from China. Thus, F2Pool, founded in…

Nigeria begins testing digital naira

The government of Nigeria has launched a website to test digital naira, the country’s government cryptocurrency, and a digital wallet that can be tied to a bank account. The website says that digital naira is a “unique form of money” denominated in local currency and serves as both a medium of exchange and store of value. The site for testing the state cryptocurrency of Nigeria was launched earlier than originally planned. Digital Naira will be…

Ethereum developer Virgil Griffith partially pleaded guilty in the case of a trip to the DPRK

Virgil Griffith pleaded guilty to violating US laws by advising North Korean authorities on the use of blockchain and cryptocurrencies to circumvent sanctions. According to the website of the US Department of Justice, Virgil Griffith admitted before the judge of the District Court of the Southern District of New York, Kevin Castel, that he violated the Economic Emergency Measures Act (IEEPA). According to US Attorney Audrey Strauss, Griffith “agreed to help one of the most…

EMURGO Created $ 100M Investment Fund to Support DeFi and NFT on Cardano

Two subsidiaries of EMURGO will invest in projects on the Cardano blockchain, which are in the early stages of development. According to the announcement of EMURGO, a new ecosystem development tool will soon be launched – an investment fund with a capitalization of $ 100 million. EMURGO is an international investment company, one of the three co-founding partners of Cardano, together with IOHK and the Cardano Foundation. Responsible for investment and project promotion. According to…

Canadian regulators questioned the legality of cryptocurrency exchange ads

Canadian stock market regulators have issued a warning to local cryptocurrency exchanges against advertisements that violate securities law. The Canadian Securities Administrators Association (CSA) and the Investment Industry Regulatory Organization (IIROC) have issued guidelines for crypto exchange employees and managers that indicate signs of “illegal” advertising. Regulators posted the instruction on September 23, 2021 on the OSC website. The notice identifies “promotions and marketing strategies of cryptocurrency exchanges that violate securities laws and may affect…