April 27, 2021

Microsoft and Intel Introduce a Shield Against Cryptojacking

The tech giant Microsoft has integrated the Intel Threat Detection Technology into its Microsoft Defender for Endpoint. This should increase detection ability and enhance protection against cryptojacking malware. The New Addition and Its Technology During the last few years, the primary cryptocurrency along with the many other altcoins have significantly appreciated in value which caused...
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Retail Investors Entering Crypto: The Reason Behind Recent Extreme Price Volatility?

The extremely volatile nature of cryptocurrencies is one of the major reasons why many traditional investors are still hesitant to join the industry.  One minute, traders are basking in the euphoria of skyrocketing peaks, and the next they are scratching their heads wondering what happened. While there are no clear-cut indices to gouge crypto volatility,...
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Cardano Partners With Ethiopia Ministry of Education on Blockchain-Based ID System

Cardano, currently the sixth-largest cryptocurrency project by means of total market capitalization, has partnered up with the Ministry of Education of Ethiopia to work on a blockchain-based national ID system. Announced on Twitter, Cardano has entered into a partnership to create a blockchain-based national ID and attainment recording system. Touted as the “world’s largest blockchain...
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BENQI Completes $6 Million Funding Round Led By Ascensive

[Press Release – New York, USA, 27th April, 2021] BENQI, an algorithmic liquidity protocol on Avalanche is proud to announce the raising of $6 million in funding from external investors and advisors. Thanks to this funding round, the lending and borrowing protocol on Avalanche will continue developing its services and features. The BENQI team successfully...
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Gemini Partners With Mastercard to Launch a Crypto Credit Card With Rewards in Bitcoin

Mastercard continues its crypto-related efforts by partnering with the digital asset exchange Gemini to introduce an innovative crypto rewards credit card. Dubbed Gemini Credit Card, it already has over 100,000 people on its waitlist but should see the light of day in the summer. Crypto Rewards Credit Card From Gemini The crypto exchange founded and...
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End of Era? Binance Will Cease Support For OMNI

Without a lot of explanations, the world’s leading cryptocurrency exchange, Binance, has decided to halt support for the OMNI network. Binance Halts OMNI Network Support According to a recent announcement, Binance will “cease support for deposit and withdrawal service on the OMNI network” on April 30th, 2021, at 00:00 UTC. The only explanation given in...
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Officials of South Korea’s Watchdog Have to Report Crypto Holdings by May 7

South Korea continues to reaffirm its grip on crypto regulations as the country’s regulator has ordered all of its officials to report their digital asset holdings. Additionally, the nation’s Financial Minister said that South Korea will “inevitably” impose taxes on gains from virtual asset trading next year. FSC Employees to Report Crypto Investments The East...
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Tesla Sold 10% of Its Bitcoin Holdings in Q1 2021 to Prove Liquidity

Elon Musk-led electric vehicle manufacturer Tesla revealed that it sold a part of its bitcoin holdings after its billion-dollar purchase of the flagship cryptocurrency earlier in 2021. In an earnings call, Tesla stated that it sold $272 million worth of bitcoin in the first quarter of 2021. With the price of bitcoin appreciating since the...
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Bitcoin On-Chain Activity Surges as Transfer Volume Peaks 

On-chain analytics provider, Glassnode, has detailed the week’s activity for the Bitcoin network noting that a number of milestones and all-time highs have been hit for various metrics. It noted that the peaks in on-chain transaction volume and fees suggest that the recent correction has largely affected relatively newer entrants to the market, and strong...
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Long Time Dogecoin Developer Sporklin Dies After Losing a Battle Against Cancer

The Dogecoin community is in mourning as Sporklin, a long-time developer who had supported the project since its early days, died today. Billy Marcus, creator and developer of the Dogecoin (DOGE) protocol announced the news on his Twitter account. She revealed that after an intense fight against cancer, Sporklin ended up losing the battle. Sporklin...
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