The personal address of Hugh Karp, the founder of the Ethereum-based insurance provider Nexus Mutual, has been depleted for over $8 million worth of the NXM token. This dubious act was perpetrated by an already registered client. Notwithstanding the assault, Nexus Mutual has disclosed that all its clients’ assets are protected. Nexus further confirmed the…
Popular cryptocurrency exchange, Binance has recently partnered with Chiliz, a blockchain sports provider to bring about an interesting concept. The long-term partnership is aimed at first, issuing fan-tokens of two famous football clubs. Football Fans can now be Rewarded for Staking This was announced on Monday by Chiliz via a Medium post. The fan tokens,…
Crypto companies are constantly seeking how to be integrated into the traditional finance system and vice versa. Banxa, a major crypto solution company, is ready to be listed on the Canadian stock exchange. This listing is a record achievement for crypto companies like this as Banxa is the first to do so. Christmas Gift for…
Authorities have recently shut down one of the world’s leading dark web marketplaces, Sipulimarket. The clamped down took place last week and led to the confiscation of several items, including bitcoin. Domain Seized by Law Enforcement Agencies The closure was led by the Finnish Customs and was aided by the Polish Police and Europol’s European…
Toronto Stock Exchange has did closed plans to list its first Ethereum-based ETF (Ether fund). This listing closely follows a $75 million IPO. This is according to report by the Ether fund management firm 3iQ. 3iQ said The Ether Fund, an ETF-like tradable asset, has been listed on the Toronto Stock Exchange. The asset is…
Bitmain, one of the world’s biggest Bitcoin mining hardware producers, has announced the launch of AnSentry International. AnSentry is the worldwide version of the cloud-based operation and support management system. AntSentry China was dispatched recently and has gotten positive feedback from clients. The new firm intends to bring various functions, including continuous miners, batch operation,…
The President of the Russian Federation, Vladimir Putin has issued a new order. The order insists that all public officers must declare any cryptocurrency assets in their possession. This includes civil servants and any person who seeks to hold a position in the Russian government. Public Officials, Families to Declare Crypto Assets The order, which…
Cardano, a decentralised public blockchain network, is hosting its first DeFi project. The project, named Bondly is coming to Cardano after leaving the Polkadot blockchain. First DeFi on Cardano The partnership was announced by IOHK, the owners of the Cardano network. In a tweet yesterday, IOHK expressed excitement on the partnership. Bondly will be part…
A new kind of stablecoin has just hit the crypto space. The stablecoin, dubbed EURB, is the premier coin to be rolled out by a bank on the Stellar Network. The announcement was made via a press release by the Stellar Development foundation yesterday. Bankhaus von der Heydt Making this Milestone Achievement German-based bank, Bankhaus…
BIGG Digital Assets, a Canadian crypto organization recently announced that it has purchased 40 extra bitcoins for long term holding. The buy expanded BIGG’s stores to 189.5 btc estimated to be about US$3.63 million in total. The Canadian Securities listed firm spent about CAD$1 million ($775,000) on its most recent purchase. The organization said it…