Identity theft on the rise in El Salvador as scammers steal personal data to get $30 Bitcoin bonus
Since El Salvador made Bitcoin legal money on September 7th, the country’s Bitcoin rollout has had its ups and downs. Residents have shared both the positive and negative aspects of bitcoin acceptance in the last month. It has primarily been beneficial as individuals adjust to their new norm of having a cryptocurrency as a legal […]
Binance announces the launch of a $1B crypto fund to help build BSC adoption
Binance cryptocurrency exchange has unveiled a $1 billion accelerator fund to enhance the Binance Smart Chain ecosystem’s capabilities and accelerate mainstream adoption across the blockchain sector. The eight-figure fund was included in a four-tiered development plan at the exchange: Talent Development, Liquidity Incentive Program, Builder Program, and Investment & Incubation Program . According to the […]
Crypto Ban: Russia has no plans to follow in China’s lead by banning crypto outright
According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance minister of the Russian Federation said that Russia is not out to ban crypto like China. As part of a legislation that went into effect in January, Russia continues to impose a prohibition on cryptocurrency payments; nevertheless, the nation […]
Coinbase announes the launch of an NFT marketplace
Coinbase, cryptocurrency exchange, has announced that a waitlist will be opened for a nonfungible marketplace it hopes to launch later this year, this could provide competition for established marketplaces like OpenSea. Coinbase vice president of product and ecosystem Sanchan Saxena stated in a blog post on Oct. 12 that the nonfungible token, or NFT, marketplace […]
Ripple partners with Nelnet in a $44M ESG investment deal
Ripple has partnered with Nelnet renewable energy to launch a $44M fund for the carbon-negative crypto industry, this million-dollar investment fund aims to finance solar energy projects throughout the United States. Ripple, a blockchain payments company, has announced a $44 million environmental, social, and governance (ESG) joint venture with Nelnet Renewable Energy , a fintech […]