The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. Thailand Sets New Rules for Crypto Exchanges, Banning Certain Types of Cryptocurrencies The Thai Securities and Exchange…
Kraken Weighs in on IPO After Coinbase’s Lackluster Direct Listing Performance
Kraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they were considering other options for going public next year. The company will be the second crypto exchange to go public in the US if things…
Report: Filecoin and Chia Believers in China Are Converting to Ethereum Swarm Disciples
There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service.…
June 12 Daily report: The Iconic “Doge” Meme Of Dogecoin, BTC Awaits a Breakout, Cardano Is Exploring A New Mechanism, Litecoin Could Ultimately Benefit From Bitcoin’s Success and DeFi app helps you access the liquidity
The Iconic “Doge” Meme Of Dogecoin Just Sold As An NFT For $4 Million In 2021, Dogecoin has received a lot of attention due to its spectacular price surge. “Doge,” the image of an excited Shiba Inu and the face of dogecoin, which has become one of the internet’s most famous memes, has sold for…
Speedy Trial Success — Bitcoin Upgrade Taproot Set to Lock-in This Weekend
On Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin…
The CBN Says Nigeria Will Have a Digital Currency Before End of Year
Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the director of information technology at CBN, also revealed that this “digital currency would…