PRESS RELEASE. CoinFLEX, a crypto futures exchange, is the first centralized exchange to launch a hybrid Automated Market Maker called AMM+. CoinFLEX will be hosting an ‘AMM+ Arena’ competition where users will be rewarded based on their ranking and weekly trading volume. The past two years have been an enormous period of growth for AMMs.…
Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio
Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational Empowerment via the Blockchain According to a statement issued…
Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners
Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy…
Liquidator of Defunct South African Crypto Exchange Says He Found a 54 BTC Discrepancy in Ice3’s Accounts
A court-appointed liquidator, Dewald Breytenbach of National Liquidators, recently claimed that out of the 76 bitcoins that belonged to the now-defunct South African cryptocurrency exchange, Ice3, his firm can only account for 22. Ice3’s Abrupt Shut Down The liquidator adds that the crypto exchange’s Zurich-based tech provider Merkeleon is now being asked to help unravel…
Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year
Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since January. However, according to some analysts from the central bank, this number has the…
Popular BTM Operator: Bitcoin of America Adds Ethereum to Its Bitcoin ATMs
PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America recently announced their newest addition to their Bitcoin ATM machines (BTMs). Ethereum…