After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. Eurosystem Initiates Digital Euro Project The…
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America and Asia, Eastern Europe commands one of cryptocurrency’s biggest communities of miners,…
Daily Crypto News- Visa to Approve First Bitcoin Spending Card in Australia
Data shows Polygon (MATIC) has reversed PancakeSwap’s (CAKE) rise Data from market data analysis tool Messari shows that Uniswap is winning the decentralized exchanges (DEXes) battle against PancakeSwap. Earlier this year, PancakeSwap briefly became the number one DEX by volume. But thanks to Polygon and its lower gas fee structure compared to layer 1 Ethereum,…
Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto
Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer. Freecyclopedia Wikipedia currently boasts over twenty-one million individual articles, and while many last minute homework reports may have been saved by the dusty…
Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’
Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment. Busta Rhymes Asks If He Should Buy Crypto The American rapper, songwriter, record producer, and actor, Busta…
France Proposes EU-Wide Cryptocurrency Regulation
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation. EU-Wide Crypto Regulation With ESMA as Main Supervisor France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog,…