Some Islamic organizations believe that cryptocurrency can be likened to gambling, which makes it prohibited by Islam. One of the largest Islamic groups in Indonesia, Nahdlatul Ulama (NU), agrees with this thought. The Fatwa that they issued showed that...
Many governments have started enacting laws and guidelines concerning cryptocurrencies because of their expansion and adoption. The Slovenian Finance Ministry is actively involved in monitoring and regulating crypto usage. Recently, the ministry proposed a tax rate of ten percent...
With the Chinese ban on crypto, many OTC stores have been set up in Hong Kong. The region has actively participated in creating innovative crypto infrastructures and platforms like Crypto.com and FTX exchange. Several successful crypto exchanges started out...
Popular sports betting company DraftKing has taken a step further into the world of cryptocurrencies and blockchain by becoming a full validator for Polygon Network, an Ethereum-based scaling platform. The firm, whose market capitalization currently stands at $20 billion,...
Revolut, a cryptocurrency exchange firm, is taking measures to bolster its business in the United States. In order to drive awareness and bolster its business activities, the fintech company has begun offering transaction-free services to customers in the U.S....
Bitcoin has been a major force in the cryptocurrency market and still ranks as the number one digital coin based on its value and market cap. This digital asset has continued to shine since October began after losing over...
Bitcoin, due to its market capitalization, has made the cryptocurrency market very big. Though Bitcoin is trading above $60,000, there are other lows whose prices are relatively low compared to this digital currency. Here are some of them: Fantom...
The number of applications on Polygon, a layer 2 solution, is rapidly growing, a report released on Wednesday by Alchemy, a blockchain development platform, has shown. According to the report, this is making the Polygon ecosystem independent of projects...
Metaverse and Next-Gen gaming industry have been bubbling with activities, as investors have also been pumping in millions of dollars into different companies in the industry. Galaxy Interactive is one of the latest to have been besieged by extra...
Financial services provider, Square, is planning to build an open-source Bitcoin mining system and has begun investigating the technical requirements. This is according to CEO Jack Dorsey who shared a series of tweets explaining that he plans to follow...
