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Kick.io, a crypto fundraising platform, has announced the release of its IDO launchpad. The project accelerator will enable the Cardano community to raise funds for high-value projects. In a press release yesterday, the firm confirmed that the service would go live on October 1st 2021. It went on to invite community members to invest in unicorn-level projects. Members can do so by taking advantage of early investor privileges. Kick.io is looking to be the go-to platform for funding Cardano-Based projects…

Roughly $6 billion worth of Bitcoin (BTC) could fall into the hands of thousands of Mt. Gox creditors around the world. It may happen next month when a bankruptcy case in Japan concludes. The Mt. Gox bitcoin exchange case resolution could create a lot of new bitcoin millionaires. That is because a more significant percentage of the 36,800 creditors of Mt. Gox has payout claims in bitcoins. These creditors have been waiting for almost a decade for reimbursement. Japan-based Mt. Gox…

Dogecoin co-founder Billy Markus has suggested two things he believes would help Dogecoin. He also looks forward to completing the DOGE-ETH bridge and developing a DOGE-ETH token for purchases. Billy Markus on Dogecoin’s Development Markus took to his Twitter account to advocate for the DOGE-ETH bridge, which he believed would help Dogecoin. He explained that the NFT platforms like OpenSea should allow the DOGE-ETH token to facilitate purchases. He also noted that allowing the DOGE-ETH token to assist in NFT…

This news article has been updated with General Bytes' response and their findings following Kraken's vulnerability report.   Kraken Security Labs, Kraken's security arm, recently released a report regarding General Bytes BATMtwo Bitcoin ATMs. The group alleges several security vulnerabilities with the machines, including both hardware and software issues. Shortly afterward, General Bytes responded to the report, confirming some of Kraken's findings while objecting to others. Vulnerabilities Identified By Kraken Kraken released its security report in a blog post on…

Cryptocurrency fans and investors just breathed a major sigh of relief. Jerome Powell– Chairman of the Federal Reserve– has confirmed that he “has no intention” to ban cryptocurrency in the US. Powell’s Position on Crypto The chairman confirmed and clarified his position today while testifying in front of congress. House Representative Ted Budd asked Powell to explain one of his previous statements on the matter.  [caption id="" align="aligncenter" width="967"] Jerome Powell. Source: Reuters[/caption] In July, Powell joined a slew of…

2021 has been a relatively good year for crypto. More people want to buy cryptocurrencies. Companies are also expanding quite well. Expansion tales are always good signs. They show that the market is growing and doing quite well. This week, two of the largest crypto exchanges are taking centre stage. Rumours have started to circulate that Binance US and the Gemini Exchange are raising funds. Both companies are reportedly finalizing their fundraising rounds, with both sure of securing the "unicorn" status.…

El Salvador has continued to stay fresh among crypto investors. The country made a landmark decision to approve Bitcoin as a legal tender earlier this month. However, El Salvador isn’t stopping there. The government has found another frontier to conquer - the mining space. Turning Volcanoes to Money On Tuesday, El Salvador’s president Nayibb Bukele teased a coming geothermal crypto mining operation. Bukele shared a video on Twitter. In it, he revealed progress with work on the facility. The proposed…

Cryptocurrency investors continue to push for approval for exchange-traded funds (ETFs). The battle has been raging on for years, but there are positive signs of progress. The latest sign came from Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC) Slow and Steady for the SEC Earlier this week, Gensler prepared comments for a Financial Times conference. In his remarks, the SEC chairman said he would support futures-backed Bitcoin ETFs. These ETFs have backing from Bitcoin futures instead…

The Reverse Bank of New Zealand (RBNZ) is seeking the public's input on the possible introduction of central bank digital currency (CBDC). They are looking to introduce the digital version of Kiwi. It is part of the bank's response to the digital advancements in payments and money. The Push for Digital Currency Adoption The Assistant Governor of RBNZ Christian Hawkesby said in a statement: ''A Central Bank Digital Currency would see the features and benefits of cash enjoyed in the digital world,…