Dogecoin Co-Founder Suggests Ways To Boost the Crypto’s Utility

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…

Kraken’s Security Lab Reveals Weak Points in BTC ATMs

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…

Relief: Federal Reserve Chairman Does Not Plan to Ban Cryptocurrency

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…

Imminent Funding Rounds for Two Large Crypto Exchanges

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.…

Progress With El Salvador’s Geothermal Bitcoin Mining Project

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…

SEC Chairman Reaffirms Support for Futures-Backed Bitcoin ETFs

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…

RBNZ Exhibits Massive Interest in Digital Currency

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,…

TA: Indicators Showing that SOL Has Reached a Top Margin

SOL has been one of the standout performers in the crypto industry for the past few weeks. The coin gave many investors a haven, especially when the market started to go sideways. Most coin prices were taking a beating, but SOL stood firm. There is no doubt that the SOL resurgence has been impressive. The coin’s performance over the past few weeks has been incredibly inspiring. But, unfortunately, you often see a large-cap coin standing firm even when the entire market is…

Legendary FC Boca Juniors Could Join The Crypto Craze Soon

One of Argentina's most famous football clubs is considering joining the crypto movement. Boca Juniors FC is in dialogue with several cryptocurrency firms to plan its entry into the crypto bandwagon. Boca Juniors' Financial Constraints The legendary Argentinian football club is currently facing a challenging financial moment. Also, the tough times seem to lean on the weak Argentine peso. For instance, the weak currency somewhat forces players to leave the team searching for dollar contracts. Also, the Covid-19 pandemic measures struck…

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