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Russian Court Bans Websites Explaining How to Trade Bitcoin


A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur...

Fintech Veteran James Taylor Departs BNY Mellon, Joins Unizen Exchange


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Bringing Tradfi Expertise to Unizen, CBDO of Unizen James Taylor. Image source: FX-Markets BNY Mellon’s Global Head of Electronic Foreign Exchange Sales...

Bitcoin Mining Firm Hut 8 Approved to List on Nasdaq


Major North American bitcoin mining firm Hut 8 Mining has been approved for listing on Nasdaq under the ticker symbol HUT. The company is also listed on the Toronto Stock Exchange (TSX). Hut 8 Mining Corp. announced Thursday that its common shares have been approved to list on the Nasdaq Global...

Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications


Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications...

Crypto Exchange Bitrue Says Voting Rights Added to Native Token BTR


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Bitrue, the Singapore digital asset management platform, announced it added voting rights to its native token BTR. This way, the exchange further...

Police Recover ETH 1,360 Stolen from an Exchange in 2018


South Korean police have recovered a bumper haul of ethereum (ETH) tokens stolen from an exchange by hackers in 2018 after a three-year search – and the victims, the trading platform’s customers, are set to be reunited with their coins, which have appreciated in value, despite the recent market...

SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The Bunker of Global Decentralized Finance Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized...

Cardano-Based Decentralized Exchange Hosting its IEO on ExMarkets


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The crypto project ADAX is having its Initial Exchange Offering on the 11th of June. The IEO is set to take place on ExMarkets’ IEO launchpad. ExMarkets is a well-known crypto crowdfunding platform and is used...

Solana Aims to Raise $450 Million to Battle Ethereum Supremacy


Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...

21shares to Launch Bitcoin ETP for Institutional Investors in the UK


Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal with crypto custody and security. New Bitcoin...

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