The People’s Republic of China has been keen on experimenting with its CBDC (Central Bank Digital Currency) over the last few months. In the latest trial, China would be giving out $1.5 million to its citizens in CBDCs. Lucky People Get Free $30 for the Holiday The trial would be taking place in Beijing, China’s…
Many people are already familiar with buying Ripple (XRP) from cryptocurrency exchanges or trading platforms as the commonest method to hold the cryptocurrency. While this is completely a normal way to go, there are also several ways you can possibly earn yourself a free portion of the digital currency. Aside from using interest-earning platforms, you…
An incident that happened during the 2017 Bitcoiin2Gen ICO mania has been revisited by the United States Securities and Exchange Commission (SEC). The US SEC has filed charges against Kristijan Krstic, the founder of Bitcoiin2Gen and Start Options. These two fraud schemes were used to rake $11 M from retail investors. History of the Bitcoiin2Gen…
In a world where cryptocurrency prices can easily rise and fall, it will be disastrous not to cash in when it has a bull run. Many people have kept crypto assets in a password protected device and may have forgotten the password. The agony that comes with having a thing and not being able to…
Yearn Finance, a decentralized finance platform, is the latest victim of an attack by hackers. One of the protocol’s lending pools: the DAI v1 lending pool, suffered a loss of about $11 million. Attacker causes $11 million loss “We have noticed the v1 yDAI vault has suffered an exploit,” Yearn Finance tweeted on Thursday. The…
Logan Paul, an american youtuber with one of the world’s biggest followers has partnered with Bondly Finance. The partnership is to release a non-fungible token (NFTs) that will be given as freebies alongside his ‘Pokémon Box Break’. Logan Paul and His $2 Million Pokemon Box The influential youtuber announced on his twitter account that he…
The Stock Exchange of Thailand (SET) has announced a new trading platform made only for digital tokens. The exchange has stated that it isn’t supporting cryptocurrency on its new trading platform. The reasons for its refusal to support crypto trading on its new platform runs from it being volatile to the excessive use of crypto…
Elon Musk, the world’s richest man has again declared his support for Bitcoin. Some days ago, he added “Bitcoin” on his twitter bio. However in a recent report, he has reiterated his support for the cryptocurrency. “I am a Supporter of Bitcoin” In a reported speech, Elon Musk showed his fresh support for Bitcoin. He…
Visa, one of the world’s leading payment firm has announced that it is compiling a crypto APIs pilot programme that will give banks access to Bitcoin services. The application programming interfaces (APIs) set to be launched by payment company will allow clients to have easy connection to market information provided by Anchorage. Anchorage is a…
Cryptocurrency derivatives exchange BitMEX has stated that it will be launching a perpetual swap contract for Dogecoin this month. According to the official blog post, the new Dogecoin swap contract will enable DOGE to have 20 times leverage. It will also be denominated in USDT. The Dogecoin Swap Contract The Dogecoin swap contract has other…