Blockchain

Blockchain Firm Edge Launches Confidential Crypto Mastercard

June 9th, 2022

The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind. Edge Reveals Privacy-Centric Crypto Mastercard The digital currency firm Edge…

Hong Kong Regulator Reminds Investors of Risks Associated With NFTs

June 9th, 2022

Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle The Line Between Collectibles and Financial Assets’ A Hong Kong regulator has said NFTs face risks that…

Citigroup CEO: Europe More Likely to Head Into Recession Than US

June 7th, 2022

Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the…

EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework

June 1st, 2022

Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries. Inflation Could Drive Investors to Crypto, EU Regulator Says The European Securities and Markets Authority (ESMA),…

Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low

May 31st, 2022

After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis is worsening, the black market exchange rate of the Lebanese…

Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auction

May 27th, 2022

Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning off an NFT for charity. The auction started May 25 on MetaHistory — the official Ukrainian charitable NFT museum – and will last only until the 28th. Bids will be accepted in both cryptocurrency and fiat currency (via Monobank), thus creating a friendly…

The New Blockchain com Explorer

May 24th, 2022

The world of crypto just got a lot easier to navigate Today we’re introducing a brand new Blockchain.com Explorer that features the most important information on the crypto ecosystem–all in one place. Before diving into what’s new, it’s worth taking a step back and revisiting how we got here. The History of the Blockchain.com Explorer When we first…

Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced

May 23rd, 2022

Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can Now Connect Bank Accounts to Their Crypto Wallets The Bahrain headquartered cryptocurrency exchange, Coinmena,…

LatAm’s Crypto Boom: Mexico

May 18th, 2022

Spanish translated version The next installment in our LatAm’s Crypto Boom series takes us to Mexico. Home to thirty-five UNESCO World Heritage Site listings, Mexico is a country rich in cultural history and diversity and shares international borders with the United States, Guatemala, and Belize. While Mexico ranks among the top 15 economies globally in size, remittance…

Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme

May 18th, 2022

Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme Authorities in China’s Rong County, Zigong City, recently prosecuted eight…