Thu Nov 28 1:54 AM

Libra Coin Backed by Facebook Set to Roll Out in January 2021

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According to the report, the yet to be launched Libra will have a single coin backed 1:1 by the US dollar.Facebook Inc (NASDAQ: FB) backed digital currency Libra coin is set to be launched in January 2021 after months of legal backlashes and revision...

Five Most Promising DeFi Projects of End of 2020

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The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked. The year 2020 has been a great year for cryptocurrencies. Despite...

Facebook’s Libra Networks Appoints Saumya Bhavsar as General Counsel

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James Emmett, Libra Networks Managing Director, is convinced that the expertise of Saumya Bhavsar will be crucial in launching and managing the permissioned blockchain-based payment system.Libra Networks, a subsidiary of the Libra Association has announced the appointment of legal expert Saumya Bhavsar as General...

Monex Believes Digital Yen Will Revolutionize Crypto Trading

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The Bank of Japan noted last month that initiatives to test its digital yen currency are underway. As the Bank of Japan (BOJ) plans to issue its digital yen in the near future, Oki Matsumoto, head of Japan’s Monex Group, believes it will significantly revolutionize...

OKEx Resumes Withdrawal Services After 5 Weeks of Suspension

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Five weeks ago, OKEx suspended all account withdrawals after one of the key holders was detained by the police to assist in the investigation. After holding customers’ funds for over a month, Malta-based cryptocurrency exchange OKEx has resumed normal services at 8.00 (UTC) on November...

World’s First 24/7 Crypto Call-in Station Launched by CNBC’s Ran Neuner

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Crypto Banter, the world’s first crypto news live streaming platform, has gone live prior to the 2021 bull market. For a long time, the global crypto market lacked a media outlet that never sleeps but continuously caters to the rapidly growing crypto enthusiasts’ needs.CNBC’s...

Coinbase to Disable All Margin Trading in Compliance with CFTC New Guidance

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Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal. Crypto exchange Coinbase is ending all margin trading, starting from the 25th of November. As from 2 pm PT (22:00...

Bitcoin Price Hovering Close to $20K While XRP Shocks Crypto Market with 2-Year High

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Bitcoin and XRP are not the only currencies whose price has shown such performance. Other altcoins like Ethereum (ETH), Chainlink (LINK) are on a steady rise as well.This week, Bitcoin (BTC) and XRP (XRP) are under the spotlight of crypto enthusiasts as the price...

Watch These Two Alts Closely: ETH and XRP Analysis

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The rally in the crypto-market undergoes as Bitcoin is only a few hundred dollars away from hitting its all time high. Bitcoin dominance is dropping drastically since November 18 providing enough space and volumes for the boost of altcoins. This week only Bitcoin dominance...

West Coast Aquaculture (WCA) Completes $3.65M IPO with Over 89% Raised via Tether (USDT)

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West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833.As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether...