The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy. The Pakistani province of Khyber Pakhtunkhwa, or KP, has formed a federal committee to create a new cryptocurrency policy including government-backed crypto mining. As part of the new policy, the KP Crypto Advisory Committee has…
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It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients. Bank of America analyst Francisco Blanch has slammed Bitcoin as “exceptionally volatile”, “impractical” and an environmentally disastrous asset that’s useless as a store of wealth or an inflation…
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The next round of stimulus check recipients will prioritize basic needs, but a sizable portion still intends to either save or invest. Most Americans who expect to receive the next round of relief bill stimulus checks will use the money to buy necessities and pay off debts, but some are still willing to invest in…
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Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors. The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance sector but this doesn’t mean that…
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The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations. Member states of the Eurasian Economic Union, or EAEU, have been struggling to come up with a shared stance regarding cryptocurrency regulations, according to an official. Iya Malkina, assistant chairman of the Eurasian Economic Commission Board, stated that EAEU member…
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Projects facilitating cross-chain integration with the Polkadot ecosystem have rallied to new highs while the Ethereum network continues to struggle with high fees. Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of…
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Terra (LUNA), Basic Attention Token and Cardano spiked to new highs as Bitcoin and Ethereum attempted to recover from their recent correction. Bitcoin (BTC) price continues to recover from its sub-$55,000 correction and at the time of writing, traders are attempting to recapture the $57,000 level as a support. Data from Cointelegraph Markets and TradingView…
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The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors. Texan regulators have, for some time now, viewed cryptocurrency investment schemes as a risk to Main Street investors, and have continued to issue public warnings against possible crypto-related scams…
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The Orbs token burst into the market cap top one hundred after 75% overnight growth compounded 700% gains for the week. A new entrant climbed into the cryptocurrency market cap top 100 on March 16, after a 75% overnight surge compounded 700% weekly growth for blockchain enterprise project Orbs (ORBS). One day previously, Orbs had…
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The funding round was led by Valar Ventures and partners from DST Global. Austria-based cryptocurrency firm Bitpanda has closed a $170 million funding round to further the firm’s international growth. The latest Series B funding round was led by Valar Ventures, a venture capital firm backed by PayPal co-founder Peter Thiel, Bitpanda announced on Tuesday,…
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