Crypto-news

Bitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…

On Friday, the Thai Securities and Exchange Commission (SEC) announced the new rules for cryptocurrency exchanges in the country. It forbid the trading of certain types of cryptocurrencies, such as meme coins, fan coins, and NFTs (non-fungible tokens). As stated Secretary-General Ruenvadee Suwanmongkol, the board of directors of the Thai Securities and Exchange Commission (SEC)…

Russell Okung, an NFL star and Nigerian descendant, sent an open letter to the Nigerian government to pursue a Bitcoin standard. After mentioning Nigerian economic problems and challenges of the global economy, he urged to hurry up to seize the opportunity window regarding cryptocurrency technologies. NFL star argued to follow El Salvador’s example and to…

Iranian President has urged for a new standard in digital currency regulation following recent steps of the government in pursue to control the crypto sector. President Hassan Rouhani said that Iran required a legal framework for digital currency and related activities, which would protect the national interest while crypto mining remains illegal in the country….

Recently, a Cryptopunk NFT was sold for almost $12 million among works of other artists during a Sotheby’s auction organized virtually. Sotheby’s looking forward to strong demand for this new type of digital good in the future, even as NFT’s craze stepped down last weeks. A leading Sotheby’s auction house announced on Thursday the sale…

India-based DeFi startup Instadapp reported on Friday the completion of a funding round in $10 million. It was led by Standard Crypto, including Andre Cronje, the founder of crypto investing platform Yearn.Finance. The startup plans to use funds to further developing of a “middleware” layer for the DeFi ecosystem. Instadapp plays an important role in…