Shiba Inu – Is It Trying to Be the Cheapest Crypto Coin out There?

If you had a scale to measure the weirdness of the cryptocurrency world, you would have felt the need to have another scale. The point—the cryptocurrency world continues to surprise the world with each dawning day. Talk about cars mining cryptocurrencies, digital coins based on memes, and whatnot. Talking about meme-based cryptocurrencies, you can’t get…

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Operators of Africrypt Denies Swindling Customers Crypto Funds

The two brothers operating the infamous Africrypt exchange have denied the allegations of swindling crypto exchange’s customers. Instead, they have argued through their counsels that they are evident victims of a hack attack and they were the hackers who actually plundered the crypto funds belonging to Africrypt’s customers. They have also alleged that the media…

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JPMorgan Strategists Say They Are Reluctant To Abandon Their Negative Outlook For BTC

JPMorgan analysts revealed that Bitcoin (BTC) could still experience an adverse impact on its growth. The analysts further commented about Grayscale’s GBTC sales and how this could be a potential headwind for Bitcoin. The JPMorgan strategists remain reluctant in altering the stance about the potential negative outlook regarding Bitcoin as well as the crypto market…

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Crypto Exchanges’ Licensing Process Starts in Portugal, Two Firms Already Obtained Licenses

The process requiring crypto exchanges to obtain has already begun in Portugal. Already two of the local crypto exchanges have been granted licenses by the Banco de Portugal – the central bank of Portugal. The responsibility for granting operation licenses, registration, and permits to crypto exchanges was handed over to Portugal’s central bank. The government…

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South African Bank’s Customers Complained Suspension of Credit-Cards While Trading with Foreign Crypto-Exchanges

Local press in South Africa noted that some of the country’s financial institutions have to suspend credit card services to those of their customers who were apparently purchasing digital currencies from crypto trading and exchange firms, which are usually foreign firms. A complaint was reported by a credit cardholder of a particular bank that he…

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Paraguay Is Planning To Discuss Formal BTC Legalization Next Month

The National Deputy of Paraguay, Carlitos Rejala, has confirmed that they are planning to discuss the Bitcoin (BTC) legalization in the next month. Similar intentions have been signaled by various Latin American politicians after El Salvador’s advanced step of adopting Bitcoin to be used legally. The list of countries that are most likely to announce…

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Venezuelan Authorities Seizes 400+ Mining Rigs Because the Miners Did Not Obtain Licenses

Law enforcement agencies of Venezuela have initiated an operation of search and seizure against non-licensed crypto miners. During these operations, approximately 400 plus mining machines, particularly relating to Bitcoin, have been seized and taken into custody by military personnel as well as local police. Other than seizures of mining machines and rigs, at least four…

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Support for Celo Stablecoins Announced by Opera on its Own Crypto Wallet

According to the latest reports from Opera, it has announced the integration of the Celo (CELO) network to its cryptocurrency wallet. The worldwide famous browser operator made the announcement about the integration of CELO on Friday, June 25, 2021. In the official announcement, the firm provided more visibility into the matter. The firm revealed that…

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Reports: United Kingdom Bank Has Banned Cryptocurrency Purchases From Kraken And Binance

According to recent reports, TSB is going to take actions that will prevent its clients from buying crypto from Binance and Kraken because of the abysmal safety standards of the crypto exchanges. Many banks are making it impossible to buy crypto primarily because of fraud and security concerns. TSB is deeply concerned by the high…

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