July 27, 2021

Monero Bug May Impact Transaction Privacy: Team Reveals

Developer’s of the privacy token Monero (XMR) have found a bug that breaks its transaction privacy, according to recent tweets on Monday. The official Monero Twitter account warned users of a “rather significant bug” in the Decoy system. The bug was at first discovered by software developer Justin Berman when he found out that if...
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Dash Rolls Out Instant Savings Retail App to Boost Adoption 

In an effort to drive crypto adoption in the United States, Dash, an open source cryptocurrency forked from the Bitcoin protocol, has recently launched a retail savings app dubbed DashDirect. Dash Launches DashDirect Savings App In its official announcement today, Dash revealed that the new app will allow DASH holders to spend their coins at...
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Mastercard Unveils New Start Path Initiative for Blockchain and Cryptocurrency Companies

Global payment giant Mastercard has introduced a new Start Path startup engagement program for cryptocurrency and blockchain companies, with the aim of improving innovation and increasing crypto adoption. Seven Crypto and Blockchain Companies Join Startup Program In a press release on Tuesday (July 27, 2021) Mastercard revealed that seven cryptocurrency and blockchain startups have joined...
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Divided We Fall? Why Crypto Exchanges Should Work Together

Widespread availability of reliable information is crucial to the efficiency of markets and information in the cryptosphere is fragmented and opaque. Cryptocurrency exchanges needs to work together to change this. In the growing cryptocurrency market, traders are hampered by a chronic lack of information. Although transparency is often cited as a core benefit of the...
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iM Intelligent Mining Taps Roy Phillips as Advisor to Advance Green Mining Efficiency

[PR – Las Vegas, Nevada, 27th July, 2021] iM Intelligent Mining (iM), a provider of environmentally responsible energy solutions for powering cryptocurrency mining operations, is delighted to welcome energy veteran Roy Phillips to join its Board of Advisors. Roy is the founder and CEO of REP Energy, a photovoltaic solar project developer that works with...
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Solana Announces Exclusive Hackathon for Indian Developers

To support the Indian blockchain development ecosystem, Solana, a high-performance blockchain network, has revealed that it will be rolling out a new hackathon exclusively for Indian developers and entrepreneurs. Solana Unveils Hackathon with Over $80k in Prizes  In a tweet on Tuesday, Solana noted that the hackathon, dubbed “Building Out Loud,” will last for 3...
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Know how Monero’s Supply Capitalization adds value to cryptos

Not all cryptocurrencies offer the most collective features of privacy, security, or fungibility at the basis of their fundamental code level. But Monero does, the coin offers all of these features that make it a viable crypto choice among investors. The Project is also backed by its crypto exchange platoform Monero exchange. This makes it...
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Kazakhstan Reportedly Planning to Enable Banks to Process Cryptocurrency Purchases

The ruling body of Kazakhstan will reportedly allow local banking institutions to offer cryptocurrency exposure to clients. The implementation will run for one year, after which the government will decide whether to extend it. Bank Accounts for Crypto Transactions in Kazakhstan The Kazakhstani news channel Khabar 24 reported that the government plans to officially authorize...
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Huobi Files to Dissolve Chinese Entity Following Recent Cryptocurrency Crackdown

One of the leading cryptocurrency exchanges, Huobi, has filed to dissolve an entity based in China. This comes as the country escalates its efforts to clamp down on the cryptocurrency industry, in general. Evident in Chinese business registration archives, the entity’s management has filed a Resolution to dissolve On July 22nd, this year. The announcement further reads...
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The BitMEX Partner Programme Expands into Phase Two With 17 New Additions

Earlier this year, we successfully launched our official BitMEX Partner Programme. Today, we are thrilled to announce phase two of the programme with the addition of 17 new firms into the BitMEX ecosystem. As official partners, they will offer their services to our users, and also be rewarded based on the activity they refer to...
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Big Day Ahead For Ripple Labs, How Will The Events Unfold? Will XRP Price Break Past the $1 Mark?

U.S. Magistrate Judge Sarah Netburn granted permission for Hinman’s deposition to go forward with a delay to allow the SEC and Ripple to reach an agreement on the scope of the deposition. Hinman’s deposition was supposed to take place on July 19th. Tomorrow is William Hinman’s long-awaited deposition the former head of the SEC’s Division...
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Goldman Sachs Files for “DeFi” ETF to Track Tech Giants

The banking giant filed an application with the U.S. Securities and Exchange Commission (SEC) on July 26 for a DeFi ETF that would offer exposure to public companies. According to the filing, the proposed fund called the “Goldman Sachs Innovate DeFi and Blockchain Equity ETF”, seeks to provide investment results that closely correspond to the...
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Tesla Reports $23 Million Impairment From Its Bitcoin Holdings

Tesla, Elon Musk’s electric car manufacturer, released its quarterly earnings results, reporting more than $1 billion in profits for the first time since its launch. It’s not all fun and games, though. To the delight of Elon’s crypto Twitter fans-turned-haters, Tesla’s investment in Bitcoin made it $23 million in losses after the markets crashed during...
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Bitcoin (BTC) $ 97,597.15 3.54%
Ethereum (ETH) $ 3,338.58 8.30%
Tether (USDT) $ 1.00 0.22%
Solana (SOL) $ 257.02 9.58%
BNB (BNB) $ 619.54 1.69%
XRP (XRP) $ 1.12 2.13%
Dogecoin (DOGE) $ 0.385776 1.96%
USDC (USDC) $ 0.999781 0.19%
Lido Staked Ether (STETH) $ 3,337.64 8.31%
Cardano (ADA) $ 0.794693 3.37%