Announcements

The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…

E-commerce giant Shopping.io has developed a collaboration with TRON that allows TRX holders to spend their tokens on Shopping.io’s platform. The collaboration with Shopping.io will also add to the value of TRON and other cryptocurrencies in the world. Shopping.io’s newest collaboration is with TRON (TRX), one of the world’s largest and most popular blockchain-based operating…

The Reserve Bank of India has announced its first digital currency trials may launch yet in December 2021. RBI governor said that central bank digital currency (CBDC) was being discussed for a while now, and the authorities remained cautious regarding its scale. Speaking on Thursday, the central bank governor Shaktikanta Das told CNBC that the…

Dubai-based token PEAKDEFI (PEAK) has raised on Thursday at 68% for 24 hours. Now, it’s trading above $0.55, ranked at position 249 with a market cap of $286,608,797. PEAKDEFI started a monster rally on Aug. 22 but ran into some volatility as some investors appear to have fixed their profit. However, on Thursday, the coin…

Nabil Al Sayed, a serial startup entrepreneur, has announced the launch on Thursday of NIFTY Souq, a new digital platform where artists and collectors of the Middle East and North Africa region can create and buy NFTs. The new NFT marketplace is going to revolutionize the music and art scene in the Gulf countries. As…

Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…