Cryptocurrency News

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt Partners with Step App to Propel Healthier World

[ad_1] Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse. As a FitFi platform building a gamified metaverse for the fitness economy, Step App intends to generate a healthier world through Web3. Therefore, […]

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Buying crypto with credit card is now indirectly banned in Taiwan

Buying crypto with credit card is now indirectly banned in Taiwan

[ad_1] Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers (VASPs) the status of merchant in operations with credit card holders. That means a de-facto ban on buying crypto with a credit card on the island.  As the

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Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project – Blockchain Bitcoin News

Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project – Blockchain Bitcoin News

[ad_1] A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include reduced costs and time as well as improved data integration. End-to-End Digital Traceability

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Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

Ethereum Prints Modest Losses, Consolidation Before Next Big Breakout?

[ad_1] The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and book profits

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Opinion: Terra – A lesson learnt for trading platforms?

Opinion: Terra – A lesson learnt for trading platforms?

[ad_1] After millions of new retail traders entered the crypto market in 2021, 2022 started with a downturn, auguring fears of a bear market. With concurrent inflation fears and rising interest rates, trading activity has slowed from previous record levels, as traders err on the side of caution with their investment strategies. Then, in May,

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Don’t wait around for recovery, keep on building, says Web3 exec

Don’t wait around for recovery, keep on building, says Web3 exec

[ad_1] There are many more things that can be built within the blockchain space, and the good news is that members of the community know what they are, said Tegan Kline, the co-founder at Edge & Node, the initial team behind The Graph (GRT).  In a Cointelegraph interview, Kline discussed the crypto winter and made

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US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’ – Regulation Bitcoin News

US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’ – Regulation Bitcoin News

[ad_1] A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The

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Bitcoin Price Could Rally Again If It Stays Above This Key Support

Bitcoin Price Could Rally Again If It Stays Above This Key Support

[ad_1] Bitcoin started a downside correction from the $24,000 resistance against the US Dollar. BTC is finding bids near $22,500 and might start a fresh increase. Bitcoin started a downside correction and traded below the $23,000 level. The price is now trading above the $22,000 level and testing the 100 hourly simple moving average. There

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‘It’s Nothing Without its Energy Consumption’, Says Peter Brandt against BTC

‘It’s Nothing Without its Energy Consumption’, Says Peter Brandt against BTC

[ad_1] Peter Brandt, one of the most vocal critics of Bitcoin (BTC), has taken a jab at the digital currency again, dwelling on the coin’s energy correlation with its value this time. Talking throughTwitter, Brandt said Bitcoin does not provide any economic function, ironically highlighting that the most significant view of Bitcoin is when it

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Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

[ad_1] Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in Granbury, Texas. The announcement on July 21 comes only a two weeks after the company retrenched 15% of its employees and

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