Archived Posts

Norilsk Nickel, commonly known as Nornickel, is the latest miner to become a member of the Responsible Sourcing Blockchain Network (RSBN). Nornickel is the world’s largest producer of palladium. Furthermore, the company is the top miner of copper, nickel and platinum. Nornickel intends to utilize the platform for cobalt and nickel. RSBN facilitates its members   Read more...

Hopes of bulls did not turn into reality yesterday as Bitcoin (BTC) failed to cross the resistance level of $40,000, sparking another round of sell-off. Data provided by Coingecko.com and Trading View indicates that the price of Bitcoin declined to a low of $34,368 before bouncing back above the psychological $35,000 level. At the time   Read more...

As per the recent info provided by node monitoring site Bitnodes, Tor based Bitcoin (BTC) nodes have resumed functioning after a total collapse earlier this year. At the end of January 13, the count of accessible Tor-based Bitcoin nodes was 2,581, an increase from just 122 nodes on January 9. On the basis of data   Read more...

Christine Lagarde, President of the European Central Bank (ECB) and ex managing director of International Monetary Fund (IMF), has called for global action to restrict lawbreakers from attempting to carry out money laundering via Bitcoin. Lagarde, in an interview with Reuters, stamps the numero uno crypto currency a “highly speculative asset” that has paved way   Read more...

In the last two days, the quantum of Ether possessed by cryptocurrency exchanges has plummeted. Data provided by CryptoQuant data indicates that only 8.10 million ETH is currently held as reserves by centralized cryptocurrency exchanges. The rate of movement of Ether out of cryptocurrency exchanges was pointed out by Nuggets News’ Alex Saunders, who pointed   Read more...

Prominent European real estate business group Vonovia has successfully issued a €20 million (~$24 million) debt via the Stellar blockchain. As per the media release, Vonovia has used Stellar blockchain to disburse security tokens for changing rights related to real estate. Using firstwire, an online marketplace, the firm disbursed the tokens. Vonovia stated that the   Read more...

Crypto-fund Grayscale Investments has started the liquidation of XRP Trust as a knee jerk reaction to the US SEC’s (Security and Exchange Commission) December 2020 lawsuit claiming that XRP crypto token is a security under the US regulations. As per the media release, Grayscale chose to disband the trust as a response to the series   Read more...

Forex and crypto trading platform eToro is finding it hard to meet the demand of its crypto trading clients, as per its latest email. The email message reads as follows: “The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend.” Therefore, the brokerage firm   Read more...

Popular cryptocurrency exchange Huobi has started supporting Russian ruble on its platform. As per an announcement made on January 12, Huobi currently supports both deposits and withdrawals in Russia’s national currency. The latest facility will allow its clients to trade cryptos such as Tether (USDT), Litecoin (LTC), Bitcoin (BTC) and Ether (ETH) for rubles. Additionally,   Read more...