Category: Cryptocurrency News

A blockchain-based tender bidding platform that was designed by female university students has been named the third-best entry in a Saudi Arabian women’s coding competition. The competition is said to be part of Princess Nourah bint Abdulrahman University’s broader goal of supporting and empowering women in Saudi Arabia’s technology sector. Empowering Women in Saudi Arabia’s Technology Sector A blockchain-based bidding platform created by female students at the Saudi Arabian learning institution Imam Abdulrahman bin Faisal University was recently recognized as Read more …

A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed to stimulate innovation and competition in an unregulated market. Fintech Bill Almost Law in Chile A fintech-related bill, that seeks to bring clarity to institutions providing digital and cryptocurrency-based services, has been approved by Read more …

This is an opinion editorial by Mark Maraia, an entrepreneur, author of “Rainmaking Made Simple” and Bitcoiner. In the final episode of the “Speaking Of Bitcoin” podcast, embedded above, Andreas Antonopoulos put forth the idea that there are four uses for money instead of three. The first three are well known at this point in the Bitcoiner space: store of value, medium of exchange and unit of account. He makes a short but compelling argument that there is a fourth Read more …

This is an opinion editorial by Maxx Mannheimer, a former sales account manager with a background in training and industrial-organizational psychology. The technological innovation which Bitcoin represents is rarely apparent at first glance; the societal implications of that innovation are even less obvious. Those who don’t engage directly with the technology and speak with other Bitcoiners may completely miss the broader significance of what is happening with Bitcoin. The Bitcoin community has been called a cult and an ideology. I Read more …

India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven regulatory framework” for crypto. India to Discuss Crypto Regulatory Framework With G20 Member Countries Indian Finance Minister Nirmala Sitharaman shared the government’s plan regarding crypto regulation Saturday before concluding her trip to Washington, D.C., to attend the annual Read more …

This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful. Social Change Powered By Bitcoin: Part One Bitcoin is changing the face of philanthropy. Not only does bitcoin offer transparency and efficiency to nonprofit work, it also has the ability to bring in new donors. On the other end, the pairing is also reshaping how we view bitcoin. In this two-part series on bitcoin and social good, I will focus on how two individuals and Read more …

Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto is on the “cusp of really going mainstream.” Mastercard to Help Banks Offer Crypto Services Mastercard introduced a new program called Crypto Source Monday that will bring “crypto trading capabilities to banks.” In partnership with regulated and Read more …

Ethereum price displayed a recovery on its one-day chart. In the past 24 hours, the coin rose by 3%, which has now shifted the altcoin’s support level to a new one. The Altcoin is still not out of the woods as the bears continue to dominate. Buyers are still less in number as compared to sellers, which is a sign of bearishness. If the Ethereum price continues to maintain its upward movement, an influx of buying strength can be witnessed Read more …

According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber criminals. Japan’s Law Enforcement and Financial Regulator Warn Against Lazarus Group Attacks Hackers from the notorious crime syndicate Lazarus Group are reportedly targeting crypto companies in Japan, according to a recently published NPA Read more …

Crypto whales all across the board have been seemingly taking more conservative positions in stablecoins since the bear market started. This has evolved into larger holdings in dollar-pegged cryptocurrencies which have very low volatility. These digital assets have since become a safe haven for investors who are looking to escape highly volatile tokens but still keep their funds in the crypto market.  Crypto Whales Move To Stablecoins Usually, there has been a marked increase in the stablecoin holdings of the Read more …

According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.” Ripple Core Developers and Peersyst Reveal First Phase of the EVM Sidechain XRPL On Monday, October 17, Ripplex announced the introduction of the XRP-based and EVM-compatible side chain XRPL. The distributed Read more …

The crypto market is stuck in a tight range as larger cryptocurrencies are unable to break above key levels of resistance. The sector has been mostly inclined to the downside since September when Ethereum completed “The Merge”. At the time of writing, Bitcoin (BTC) trades at $19,500 with a 2% profit in the last 24 hours while Ethereum records a 3% profit over the same period. Other cryptocurrencies follow a similar trajectory during today’s trading session with XRP and Cardano Read more …