Cryptocurrency exchanges have begun cutting links with customers in China after Beijing declared more activities related to digital coins “illegal” last week, in its latest broadside against the virtual currency industry. Huobi, one of these exchanges, said on Sunday that it would end account registrations for new mainland Chinese users. The company will also gradually…
Previously partnered with COTI, Cardano is going to have its first stablecoin, dubbed Djed, giving space to cheaper transactions and making it easier to run DeFi projects. Software development company COTI announced a few hours ago the issuance of the first stablecoin designed to run on the Cardano blockchain. The news was first revealed by…
Solana announced the launch of the Wormhole Network, an Ethereum – Solana cross-chain bridge, which enables the transfer of digital assets between ERC-20 and SPL blockchains. The announcement notes that Saber, the Solana-based protocol with more than $4 billion total-value locked (TVL), will support migration from Wormhole V1.0 to V2.0. While the TVL of the…
Kazakhstan, which became a Bitcoin mining hub in the wake of the Chinese crypto miner exodus, might temporarily have to shut Bitcoin mining operations in certain regions, as the country is facing an electricity crunch in South Kazakhstan that intensifies in winter. According to CoinGape, Kazakhstan’s share of the world’s Bitcoin mining rose 6x this…
Bitcoin may benefit from China’s recent ban of all cryptocurrency transactions, according to crypto experts. “This is great news for Bitcoin,” said Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO. “The last thing we want is China to be involved in a currency of the world.” Bitcoin price fell about 6% after China announced…
Twitter users on Apple’s iOS will now be able to connect third-party tipping services to their profile on the social media site. That will include the ability to link both Bitcoin addresses and Lightning Network addresses. Twitter also announced that it will add non-fungible token (NFT) verification features to the platform. The social media giant…
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