Crypto Fintech CEO Scams Clients in Fraudulent Exchange ListingAnonymous sources are accusing a leading Crypto CEO of failing to meet his contractual obligations
A top Fintech listing company based in Hong Kong has also been implicated
The CEO runs several crypto ventures and enjoys high visibility in the crypto sphere
According to anonymous…[Read more]

Crypto.com becomes first cryptocurrency platform to receive MFSA Class 3 licenseCrypto.com, the popular mobile platform for buying and selling digital assets, has become the first cryptocurrency company to receive Malta’s Class 3 Virtual Financial Assets license.

The license was granted by the Malta Financial Services Authority, or MFSA, paving t…[Read more]

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Sleep well cryptonauts 🌛

Ethereum enters uncharted territory as price shoots past $4,000Ethereum has managed to maintain its Bull Run since the beginning of the year despite a few dips. The second-largest cryptocurrency by market cap breached the $4,000 mark for the first time yesterday.

Although Dogecoin has been in the limelight for the past few weeks, it appears…[Read more]

Data analytics giant Palantir now accepts Bitcoin paymentsThe $30 billion Colorado-based data analytics company founded by billionaire Peter Thiel now accepts Bitcoin from clients as a form of payment.

According to a CNBC report today, Palantir said during its earnings call for the first quarter of 2021 that it had begun accepting Bitcoin (BTC)…[Read more]

MÄRKTE-Talfahrt der US-Techwerte geht weiter – Inflationssorgen bleibenFrankfurt, 11. Mai (Reuters) – Ein erneuter Ausverkauf der US-Technologiewerte setzt der Wall Street zu. Der Standardwerteindex Dow Jones .DJI und der breit gefasste S&P 500 .SPX fielen zur Eröffnung am Dienstag um jeweils etwa ein Prozent. Der technologielastige Nasdaq .IXIC r…[Read more]

A Year in Crypto’s GrowthHumans have always sought better ways to exchange value. From the barter system of old to the online banks of today, value transfer has and always will be an essential part of our daily lives. After all, what’s the point of making money if you can’t spend it?

Bitcoin and its decentralized ledger technology are the lates…[Read more]

Inflation fears push S&P 500 to one-month low(Reuters) – Wall Street’s main indexes fell for a second straight session and the S&P 500 hit a one-month low on Tuesday, as investors feared that rising inflation could push the Federal Reserve to tighten monetary policy faster than expected.

The outperformers of 2020, Apple (NASDAQ:AAPL), Amazon.com…[Read more]

Balancer Protocol Introduces Its Innovative Balancer V2 AMMBalancer V2. This product, which was a year in the making, takes Balancer V1 as its backbone and improves on it.

Balancer Finance is an AMM, an automated market maker, which removes the need for portfolio managers, by using algorithms to automatically price the markets and thus give…[Read more]

Elon Musk asks Twitter whether Tesla should accept Dogecoin for carsTesla (NASDAQ:TSLA) CEO Elon Musk has stirred the proverbial “doges’ nest” once again with another tweet about the quintessential meme coin, Dogecoin (DOGE).

Tweeting on Tuesday, Musk ran a Twitter poll asking respondents whether they want Tesla to accept Dogecoin as a pay…[Read more]

PS5 stock is hard to find — but sites that accept crypto are coming to the rescueIt was one of the most-anticipated releases of a games console for years — the PlayStation 5.

Sony’s latest hi-spec model also couldn’t have come at a better time. Making its long-awaited debut in November 2020, gamers had high hopes of keeping entertained during…[Read more]

Bitcoin’s Taproot Upgrade: How Will It Change The BTC Ecosystem?Excitement is brewing amongst crypto lovers over the proposed Bitcoin Taproot upgrade and the immense benefits that it offers to the network.
Since the increment of block sizes of the Bitcoin network in 2017, the Taproot upgrade is the most significant.
It offers the benefits of p…[Read more]

Indonesia considers capital gains tax on cryptocurrency tradesNeilmaldrin Noor, a spokesperson for the Indonesian Directorate General of Taxes, said that the authority is considering a tax scheme for capital gains generated from cryptocurrency trades, Reuters reported on Tuesday.

“It is important to know that if there is a profit or capital g…[Read more]

CBOE files another Bitcoin ETF application with the SECThe Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission.

CBOE filed a Form 19b-4 on Monday seeking to list Fidelity’s Wise Origin Bitcoin Trust Bitcoin ETF that was initially sub…[Read more]

EOS Climbs 11% As Investors Gain Confidence– EOS was trading at $11.3070 by 09:09 (13:09 GMT) on the Investing.com Index on Tuesday, up 10.60% on the day. It was the largest one-day percentage gain since May 11.

The move upwards pushed EOS’s market cap up to $9.7913B, or 0.41% of the total cryptocurrency market cap. At its highest, EOS’s market…[Read more]

Centralized and Decentralized Financial Services Must CooperateDeFi is an integral part of ING’s digital asset vision.
ING Bank releases a paper titled ‘Lessons Learned from Decentralised Finance’.
Centralized and decentralized financial services should cooperate.
Netherlands-based ING Bank has released a paper entitled ‘Lessons Learned from De…[Read more]

QANplatform Raises $2.1M Just Before its Uniswap ListingQANplatform just raised $2.1 million in funds via a venture round.
QANplatform is eagerly awaiting its arrival on Uniswap.
QANplatform is happy to announce that it raised $2.1 million in funds. The quantum-resistant hybrid blockchain platform raised the funds through a venture round. The…[Read more]

Crypto Flipsider News – May 11th – Internet Computer (ICP), Market Moves, Ubisoft, FBI, Dogecoin for Tesla and SpaceXHello my crypto brothers, DailyCoin Flipsider writes you.

Today is the 11th of May, and I will name it “surprise, flip-a-sider” day. Why? Because it’s the second day in a row we experience the crypto astonishments.

Read in the di…[Read more]

Chia network not so green? CPU mining reportedly destroys SSD in weeksChia Network, which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems.

Unlike Bitcoin, Ethereum and others, Chia Network mines coins using an alternative to the…[Read more]