crypto asset

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada’s Largest Crypto Asset Trading Platforms

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Time Stamp: September 23, 2022 6:47 AM - Modified On: September 23, 2022 - Published By:
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TORONTO, Sept. 22, 2022 /CNW/ - CoinSmart Financial Inc. ("CoinSmart" or the "Company") (NEO: SMRT) (FSE: IIR), announced today that it has entered into a definitive agreement dated September 22, 2022 (the "Purchase Agreement") with Coinsquare Ltd. ("Coinsquare"), a leading Canadian crypto asset trading platform, pursuant to which CoinSmart has agreed to sell to Coinsquare all of the issued and outstanding shares of its wholly-owned operating subsidiary Simply Digital Technologies Inc. ("Simply Digital") (the "Transaction"). The acquisition and integration of these two businesses will establish Coinsquare as one of Canada's

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

Source Node: https://news.bitcoin.com/bitcoins-hashrate-slides-15-in-10-days-price-and-difficulty-puts-pressure-on-btc-miners/
Time Stamp: January 10, 2022 6:30 PM - Modified On: January 10, 2022 - Published By:
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The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second (EH/s) to 174 EH/s losing roughly 15% in ten days. Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them This week the civil unrest in Kazakhstan caused a

Israel Beefing Up Crypto and Money Laundering Regulations

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Time Stamp: November 17, 2021 1:14 AM - Modified On: November 17, 2021 - Published By:
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Israel’s Authority for Combating Terror Financing and Money Laundering has announced a tightening of regulations applying to the crypto and Fintech sectors.Sponsored Sponsored Israel is upping the ante in its fight against cryptocurrency crime. The Authority for Combating Terror Financing and Money Laundering announced via the authority director that new regulations have come into effect to combat criminal activity and normalize the use of cryptocurrency and other FinTech products. According to authority director Shlomit Wegman, the application of these regulations will help to establish order and clear standards.  The regulations

Best Crypto Staking Yields: Which Coins Earn the Most in 2021?

Source Node: https://www.bitcoinmarketjournal.com/best-crypto-staking-yields/
Time Stamp: November 15, 2021 3:00 AM - Modified On: November 15, 2021 - Published By:
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With Ethereum switching over to a Proof of Stake (PoS) protocol, crypto staking is exploding in popularity. Once the switch is complete, ETH will join the growing list of PoS cryptocurrencies attracting the attention of investors looking to earn income on their coin holdings. Plenty of crypto exchanges and platforms already offer users the ability to dip their toes into crypto staking at minimum cost. But the million-dollar question is – which crypto is the best for staking? The following table and individual crypto reviews may help you in finding

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

Source Node: https://www.bitcoinnewsminer.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

Source Node: https://news.bitcoin.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 12:30 AM - Modified On: November 2, 2021 - Published By:
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A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

Indonesia Confirms It’s Not Imposing Blanket Crypto Ban

Source Node: https://beincrypto.com/indonesia-confirms-not-imposing-blanket-crypto-ban/
Time Stamp: September 27, 2021 5:47 AM - Modified On: September 27, 2021 - Published By:
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The Indonesian government has given its residents the green light for cryptocurrency trading, refusing to impose an outright ban on all crypto-related transactions. Sponsored Sponsored The government instead will seek to focus its regulatory effort on the prevention of crimes in which cryptocurrency is involved. Cryptocurrencies are treated as tradable assets and commodities, which are unfit for payments, according to the Central Bank. The government maintains that crypto assets are a volatile asset class, with little backing. Crypto asset trading was legalized in 2018 in the Ministry of Trade Regulation

Bitget KCGI Trading Competition Opens for Registration on 20, October with a Prize Pool of 100 BTC

Source Node: https://bitcoinist.com/bitget-kcgi-trading-competition-opens-for-registration-on-20-october-with-a-prize-pool-of-100-btc/?utm_source=rss&utm_medium=rss&utm_campaign=bitget-kcgi-trading-competition-opens-for-registration-on-20-october-with-a-prize-pool-of-100-btc
Time Stamp: September 24, 2021 5:56 AM - Modified On: September 24, 2021 - Published By:
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Derivatives exchange Bitget announced the launch of King’s Cup Global Invitational (KCGI). According to the announcement, the contest has set up a prize pool of 100 BTC and 500 million BGB as well as other custom-made prizes. The registration will open from 20 October to 4 November (UTC+8), and the competition will start from 10:00 am on 30 October to 10:00 am on 20 November (UTC+8). It is reported to be an annual event for global elite traders held under the principle of unity, fairness and competitive spirit. “This contest

UK Crypto Exchange Receives Approval From FCA

Source Node: https://beincrypto.com/uk-crypto-exchange-receives-approval-from-fca/
Time Stamp: September 2, 2021 10:02 AM - Modified On: September 2, 2021 - Published By:
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UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

This is driving Dubai’s cryptocurrency market to do ‘fantastically well’

Source Node: https://ambcrypto.com/this-is-driving-dubais-cryptocurrency-market-to-do-fantastically-well/
Time Stamp: August 30, 2021 5:30 AM - Modified On: August 30, 2021 - Published By:
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Dubai and the larger UAE have long been touted as rising tech and innovation hubs, providing entry points into Asia and Middle Eastern markets. With exponential developmental growth in the past decades, Dubai is now considered one of the fastest-growing metropolitan areas in the world. It would then not be surprising for some to speculate that the country could also rise up as one of the leaders in the cryptocurrency space. In a recent interview, Bittrex Global CEO Stephen Stonberg opined that Dubai is well-poised to capitalize from the growing cryptocurrency

Cardano Enters ‘Final, Critical Stage’ Prior to Alonzo Upgrade Next Month: IOHK

Source Node: https://dailyhodl.com/2021/08/28/cardano-enters-final-critical-stage-prior-to-alonzo-upgrade-next-month-iohk/
Time Stamp: August 28, 2021 6:05 PM - Modified On: August 28, 2021 - Published By:
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Cardano has entered the “final, critical stage” prior to the platform’s much-publicized Alonzo upgrade, according to blockchain research and engineering company Input Output Hong Kong (IOHK). IOHK has submitted an upgrade proposal to the Cardano testnet to “hardfork the chain into the Alonzo era,” according to a Twitter post from the company. ADVERTISEMENT   The Cardano (ADA) developer says it is still targeting September 12th for the upgrade, which aims to bring smart contract functionality to the blockchain via a “hard fork combinator (HFC) event.” IOHK says the development is