The race for blockchain adoption is on in South Korea. South Korea’s well-known chat application, Kakao, bolsters its presence in blockchain and crypto with its partnership with a non-fungible token-powered trading platform and its new crypto wallet Klip. According to Hanguk Kyungjae, the trading company Angel League will receive support from Kakao’s Klip platform for…
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Sanctions could be coming to Belarus. Can the crypto-friendly country beat it with Bitcoin or Ethereum? As the massive protests in Belarus continue after a controversial election that saw President Alexander Lukashenko extend his mandate, questions arose about how Belarus could deal with potential U.S. and European Union sanctions and how cryptos such as Bitcoin…
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The NCSC has gone scorched earth on crypto scams. Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes. Per an announcement published by the NCSC on August 14, an…
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Samsung and Gemini’s joint efforts may help to overcome some of the roadblocks facing the global adoption of cryptocurrencies. In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only…
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Loyalty can be so rewarding. Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart. According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond” rank…
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BitMEX will launch a user verification program to create a more trusted and secure trading environment. Cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months. But as a sweetener, they’re offering a trading competition that’s only available to…
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Dave Portnoy now knows more about crypto. Barstool Sports founder, Dave Portnoy, posted a video of his meeting with Gemini exchange founders, Tyler and Cameron Winklevoss, on Twitter. Portnoy, also known as Davey Day Trader on Twitter for his stock trading antics, recently invited the Winklevoss twins over to his house to teach him about…
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Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect. On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed…
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Ethereum has been going skyhigh in more ways than one. According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50. Average Ethereum transaction fee in USD chart. Source: Blockchair During a similarly congested period from June – July 2020, Ethereum co-founder Vitalik…
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South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand. After a series of regulatory changes led the South Korean exchange UpBit to force out its foreign users from the platform, the company is setting up a new division in Thailand. According to an announcement shared with Cointelegraph, UpBit has…
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