Month: January 2022

The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal Trade Commission (FTC) issued a scam alert involving cryptocurrency ATMs Monday. The consumer notice, posted by Cristina Miranda from the FTC’s division of consumer and business education, states: There’s a new spin on scammers asking people to pay with cryptocurrency. “It Read more …

press release PRESS RELEASE. As Panther pushes towards the decentralization of our protocol from Day 1 with LaunchDAO, the first-ever private and decentralized project launch, the team has unveiled a new, exciting partnership. Panther Protocol is partnering with ShapeShift, a household name of the crypto industry. ShapeShift has taken brave steps in the recent past, moving from an exchange aggregator to a complete crypto management platform, as well as announcing its full decentralization. The integration between ShapeShift and Panther will Read more …

Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be held in the form of USDT, with no option for storing bitcoin, at least at launch. Strike Brings Stablecoin Integration to Argentinians Strike, Read more …

Bitcoin rewards platform Satsback has relaunched in a new version, bringing a new brand to market with 10,000 online stores connected to offer cashback in BTC that is paid through Lightning, as well as a browser extension to facilitate customers’ shopping experience. “There are thousands of online stores available to users globally, but most participating merchants target specific European markets focusing on The Netherlands, Germany, Poland, the UK, France, and Belgium,” the company said in a statement sent to Bitcoin Read more …

A recent letter published to the Bitcoin developers mailing list written by Square founder Jack Dorsey indicates that a legal defense fund has been created for open source developers in order to protect them “from lawsuits regarding their activities in the Bitcoin ecosystem.” Dorsey’s letter is also signed by Alex Morcos of Chaincode Labs and Martin White, the co-founder of Hudson River Trading. Jack Dorsey’s Open Letter to the Bitcoin Developers Mailing List Reveals Bitcoin Legal Defense Fund According to Read more …

Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants to offload their EMAX tokens onto unsuspecting investors,” the lawsuit alleges. Kim Kardashian and Floyd Mayweather Jr. Sued Over Crypto Promotion Kim Kardashian and Floyd Mayweather Jr. have been sued over their promotion of a cryptocurrency token. The class action Read more …

Jack Dorsey, the CEO of Block and ex-CEO of Twitter, has proposed creating a nonprofit organization to protect the rights and interests of open-source Bitcoin developers, who are often subject to “litigation” and “threats.” Dorsey explained in an email sent to the bitcoin-dev mailing list on January 12 that the nonprofit’s intention is to defend Bitcoin developers from these threats in an attempt to prevent contributors and maintainers from capitulating, often a reality as many lack legal support. “The Bitcoin Read more …

A new non-fungible token (NFT) marketplace called Looksrare has surpassed Opensea in terms of daily volume on Wednesday. Statistics show 3,264 Looksrare traders have executed $385.39 million in sales during the last day, as the marketplace has seen a 1,461% increase in daily volume. Looksrare NFT Market Captures Number 1 Position in Terms of Daily NFT Volume There’s a new Ethereum-based NFT marketplace called Looksrare and during the last day, it has surpassed Opensea in 24-hour volume. Of course, Opensea Read more …

sponsored The growth of the cryptocurrency industry has raised many concerns. They range from security and scalability, on-boarding newbies, trust-less custody and order matching on exchanges to overall user experience, and to achieve mass adoption of cryptocurrency, there’s a need for third generational exchanges to resolve these issues. Cryptocurrency and blockchain technology keeps evolving and changing to suit users’ needs. Decentralized exchanges are revolutionary and essential parts of this evolution, offering users privacy, security, and sovereignty over their crypto assets. Read more …

Jack Dorsey’s popular financial company Square went through a recent rebrand and is now called Block. The move led one of its subsidiaries, Square Crypto, to also take up a fresh name. Now known as Spiral, Block’s Bitcoin company has set out on a well-defined mission: to advance Bitcoin toward worldwide use. What’s In A Name? In its rebranding statement, Spiral noted that its original name had never fit it well. The inclusion of its parent company’s former name within Read more …

EverRise is a blockchain technology company that offers bridging and security solutions across blockchains through an ecosystem of decentralized applications. Through their innovative security focused ecosystem, EverRise provides investors and developers the tools to access the widest possible market with the maximum level of security. They are working towards the mass adoption of safety protocols across Binance Smart Chain, Ethereum, and Polygon networks and currently offer EverBridge, EverOwn, EverMigrate, and EverStake with more on the way. Jenn Duong is the Read more …

In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s top cryptocurrency trading nation, according to the latest data from crypto payments company Triplea. The data also shows that only three African countries topped Morocco’s volumes and these include Read more …