Category Archives: Cryptocurrency News

Integration with Gemini exchange added to Brave browser

Users of the confidential Brave browser will be able to receive the earned BAT tokens directly to wallets on the Gemini cryptocurrency exchange. According to a statement from the developers of the Brave browser, the Gemini exchange user wallet has been integrated into the Brave Rewards program, which gives users the opportunity to receive the BAT they have earned directly into their account on the exchange. Brave users earn BAT tokens for every ad viewed…

Zventus will create a “Mortgage Blockchain Laboratory”

Global asset management company Zventus initiated the creation of the “Blockchain Mortgage Lab” to develop new mortgage financial products and services. Zventus, a California-based company whose products and services span a wide range of activities, including business consulting, HR strategy, and technical support, have begun building the Mortgage Blockchain Lab. As part of the project, the company and its partners will develop new mortgage financial products and services. Deployed on Ethereum, Hyperledger and Corda platforms,…

Chinese banks are exploring potential digital yuan in insurance and investment

Chinese banks Bank of Communications (Bocom) and China Construction Bank (CCB) have begun exploring the possibility of using the digital currency of the People’s Bank of China (PBOC) in insurance and investment. According to local media reports, leading state-owned banks have launched a pilot program in which they will explore options for using the state digital currency to buy insurance products and invest in investment funds. Bocom and CCB believe this will move the digital…

Central Bank of Nigeria presented a plan for the use of digital naira

The Central Bank of Nigeria (CBN) has provided preliminary guidance on issuing government digital currency and options for its use. Cointelegraph reported that it gained access to a confidential document sent by the Central Bank of Nigeria to local commercial banks. According to this document, eNaira will be used alongside the country’s fiat currency and pegged to it at a 1: 1 ratio. The Bank of Nigeria will deal with digital naira issuance and distribution…

Mining company The9 will launch the NFT market by the end of the year

Mining company The9 plans to enter the NFT market in the 4th quarter of this year with the launch of a platform for trading non-fungible tokens NFTSTAR. According to a statement on The9’s website, the Shanghai-based mining firm plans to expand its business and join the rapidly growing NFT industry. In Q4 2021, the company will launch a market for trading non-fungible NFTSTAR tokens. The platform will feature the works of world celebrities in the…

Cardano starts testing migration of ERC-20 tokens to its blockchain

Next week, a “converter” for ERC-20 tokens, a tool for migrating tokens to the Cardano network, will be launched on the Cardano test blockchain. During the latest Cardano 360 event, IOHK project manager Francisco Landino announced that the ERC-20 token converter will be rolling out to the testnet next week. The ERC-20 two-way token migration tool was first introduced in May and aims to enable users to migrate Ethereum-based tokens to and from Cardano. The…

Ethereum network split in two due to bug in Geth client

The Ethereum blockchain forked into two competing chains after a bug in the Geth client appeared. About 54% of Ethereum nodes worked with the wrong chain. The bug affected version of Geth client v1.10.7 and earlier. According to Ethernodes, almost 75% of all Ethereum nodes were using them, so 73% of Geth nodes using outdated software risked separation from the network. This means that 54% of Ethereum nodes were vulnerable. Despite the fact that 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…

Crypto ATM Operators in the United States Cooperate to Combat Money Laundering

US crypto ATM operators have formed the Cryptocurrency Compliance Cooperative (CCC) to improve security and AML compliance. The cooperative includes the following banks and organizations: Anti-Human Trafficking Intelligence Initiative, Chainalysis, CipherBlade, Coinsource, DigitalMint, Elliptic, Halo Privacy, Maya, Metropolitan Capital Bank, Palmera Consulting, Royal Business Bank, Surety Bank, The Knoble, Titan Bank and Trust Stamp. According to the CCC, in 2020, users lost about $ 500 million as a result of cryptocurrency fraud, and more than…

AriseCoin creator sentenced to five years in prison

The creator of the AriseCoin cryptocurrency and the AriseBank platform, Jared Rice, who defrauded investors in the amount of more than $ 4 million, was sentenced to five years in prison.   As stated on the website of the US Department of Justice, this was announced by the acting US Attorney for the Northern District of Texas, Prerak Shah. At the end of 2018, the CEO of the cryptocurrency platform AriseBank, Jared Rice, was arrested,…