TL;DR Breakdown • Research agency shows that since November last year 22 million crypto wallets have been created.• Crypto companies continue to grow as cryptocurrencies are accepted as payment methods. The growth of the crypto market has been massive, which is reflected in the number of crypto wallets that currently exist. 2021 seems to be […]
TL; DR Breakdown The Iranian government is cracking down on illegal mining. Unauthorized mining is contributing to power shortages in the country. The government of Iran is busy regulating crypto mining. The authorities are carrying a severe crackdown on illegal mining.  The state-run power supply company, Tavanir, has identified several crypto firms in Tehran. So, […]
TL;DR Breakdown • The Crescent Title agency will allow crypto payments in over five tokens.• Cryptocurrencies gain priority in the US real estate industry and other countries. Cryptocurrency adoption continues to rage through different economic sectors and even more in the real estate investment industry following the Crescent Title announcements. The company recently allowed the […]
TL;DR Breakdown Zimbabwe says it is not adopting Bitcoin as legal tender. Govt says it is open to CBDC and not crypto. Zimbabwe has refuted a report that the government are in line to follow El Salvador to adopt Bitcoin as a legal tender. The government debunked the news in reaction to rumors that they […]
TL; DR Breakdown Two Swedish regulators have jointly called for the EU to ban crypto mining activities. But Sweden’s power provider has dismissed the calls terming crypto a useful industry. Sweden’s power service provider Vattenfall has clashed with two of the country’s regulators over calls to stop Proof of Work (PoW) mining. The country’s environmental […]
TL; DR Breakdown Mastercard is rolling out three crypto-funded cards. These cards target the Asia and Pacific Countries (APAC) region. It’s rolling them out in partnership with crypto service providers Coinjar, Amber Group, and Bitkub. Holders will be able to convert crypto into fiat instantly and use the cards in outlets supporting Mastercard. Mastercard has […]
TL;DR Breakdown Apple founder, Tim Cook says he owns Bitcoin. Cook syas Apple not launching to any crypto product soon. CEO of Apple, Tim Cook, has revealed that he invested in cryptocurrency. He hinted that he owns Bitcoin or Ethereum, not saying which he hodl. Tim Cook revealed this on Tuesday at the DealBook conference […]
TL;DR Breakdown The US company boosts the operations of its crypto platform Condor. FDCTech believes this partnership with Binance will allow for better crypto trading. Every day new societies appear for cryptocurrencies, and on this occasion, FDCTech announced the Binance platform integration. This financial company has been exploring the crypto market for a long time. […]
TL; DR Breakdown Singapore CBDC is presently in the works. MAS boss says the CBDC will provide major benefits. Singapore previously launched its wholesale CBDC. The creation of Central Bank Digital Currency is now something that most countries worldwide are currently working on. Although others are far ahead regarding the design and testing, others are […]
TL;DR Breakdown AMC Theatre set to begin accepting SHiba Inu payment. CEO says they also plan to offer NFT for blockbuster movies soon. Analyst says Shiba inu may begin another leg up soon. Giant movie theater chain AMC theatre has said that it is adding popular meme coin Shiba Inu to its list of cryptocurrency […]