Ontario Securities Commission: Poloniex Failed To Comply With RegulatorsOntario Securities Commission: Poloniex Failed To Comply With Regulators
The OSC said Poloniex has failed to contact them to start compliance discussions.
Poloniex to pay a penalty fee of not more than $1 million.
The Ontario Securities Commission (OSC) issued a report…[Read more]

UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advertA major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC).

The Advertising Standards Authority, a self-regulating ad organization, officially halted an advertising campaign by cryptocurre…[Read more]

Is Apple Gearing Up to Enter the Cryptocurrency Space?Is Apple Gearing Up to Enter the Cryptocurrency Space?
Apple (NASDAQ:AAPL) posted a job listing for BDM who has experience working with crypto.
The qualification includes in-depth knowledge of the alternative payments ecosystem.
Apple finds its new way to bring crypto into its ecosystem.
Apple…[Read more]

Facebook’s Evan Cheng is PARSIQ New Investor and AdvisorFacebook’s Evan Cheng is PARSIQ New Investor and Advisor
PARSIQ has its new big-name investor and advisor – Evan Cheng.
Cheng worked with Apple (NASDAQ:AAPL) for more than 10 years, now head at FB’s Novi Research.
Recently, PARSIQ also reports to integrate with Polkadot to make data actiona…[Read more]

China to socially blacklist Bitcoin miners in Inner Mongolia regionChina has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity.

Officials unveiled new draft rules that would see harsher punishments applied to those caught mining Bitcoin…[Read more]

EOS Climbs 20% In RallyInvesting.com – EOS was trading at $7.2204 by 09:51 (13:51 GMT) on the Investing.com Index on Thursday, up 19.89% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed EOS’s market cap up to $6.9644B, or 0.40% of the total cryptocurrency market cap. At its highest, EOS’s market cap was…[Read more]

NBA Hall of Famer to Go Against Phil Ivey and Joe Lubin in ConsenSys-owned Platform’s Charity TournamentNBA Hall of Famer to Go Against Phil Ivey and Joe Lubin in ConsenSys-owned Platform’s Charity Tournament
Virtue Poker has announced notable participants for its charity tournament in June.
Not just famous celebrities, but 3 members from its com…[Read more]

Lack of knowledge is main barrier to crypto adoption, new survey saysAmong the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey.

The Economist Intelligence Unit, the research and analysis division of the…[Read more]

Paysafe’s Skrill Releases Survey Results: 4 Out of 10 People Own CryptoPaysafe’s Skrill Releases Survey Results: 4 Out of 10 People Own Crypto
Paysafe’s Skrill has just released the results of a survey on consumer crypto adoption.
84% of survey-takers confirmed that they’d heard of at least one cryptocurrency.
The results however also suggest…[Read more]

Canadian regulators accuse crypto exchange of breaking securities lawCanadian regulators accuse crypto exchange of breaking securities law
Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex.

On Tuesday, the Ontario Securities Commission published a statement of allegations…[Read more]

Number of Bitcoin wallets holding 100–1K BTC soars after Tesla’s $1.5B buy-inThe amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla (NASDAQ:TSLA) announced its foray into the cryptocurrency sector in early February 2021.

The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion wor…[Read more]

EOS Jumps 20% In Bullish TradeEOS Jumps 20% In Bullish Trade
Investing.com – EOS was trading at $7.6317 by 08:34 (12:34 GMT) on the Investing.com Index on Thursday, up 20.45% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed EOS’s market cap up to $7.1711B, or 0.41% of the total cryptocurrency market…[Read more]

The Parade Continues: Russia Has Announced When It Will Introduce the Digital RubleMore governments are now looking the way of digital currencies, with Russia finalizing its plans to launch testing.
Elvira Nabuillina, head of the Russian Central Bank has revealed that trials for the digital Ruble will commence in 2022.
Plans for the digital…[Read more]

Ripple CEO Speaks on Future of Cryptocurrency and XRP© Reuters. Ripple CEO Speaks on Future of Cryptocurrency and XRP
Ripple CEO Brad Garlinghouse laments the lack of clear crypto regulations.
Garlinghouse believes the lack of clarity is setting the US behind.
Also, CNBC included Ripple in its CNBC Disruptor 50 list.
Ripple CEO, Brad…[Read more]

Hong Kongers use blockchain to save evidence of anti-authoritarian strugglesBlockchain’s potential to sustain a distributed, tamper-proof infrastructure for collective digital memory has taken on an unexpected political salience for citizens in Hong Kong.

Soon after Hong Kong’s public broadcaster Radio Television Hong Kong, or RTHK, revealed its…[Read more]

Still Ticking: Tether Prints Money Out of Thin AirStill Ticking: Tether Prints Money Out of Thin Air
A tweet from Mr. Whale indicates that 1,000,000,000 USDT were minted by Tether and sent to an address.
While there has been a buzz about how this move by Tether will bolster the falling values of the global cryptocurrency market capitalization,…[Read more]

Restricting crypto trading to millionaires good for Hong Kong, says officialChristopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the Treasury Bureau to ban retail crypto trading.

In a speech delivered at StartmeupHK virtual fintech summit on Thu…[Read more]

Banks cautious about crypto ahead of COVID-19 testimony before US SenateMajor Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in the recovery of the American economy.

Democratic lawmakers plan to grill a number of major bank execs, whose…[Read more]

Uniswap and DeFi Exchanges Are the Winners of Ethereum’s Market CrashUniswap and DeFi Exchanges Are the Winners of Ethereum’s Market Crash
During the market selloff last week, the trading volume on DEX sky-rocketed.
Uniswap benefited the most from Ethereum’s market crash.
Uniswap and decentralized exchanges are the winners of Ethereum’s market…[Read more]