Author: dfmines

Cryptocurrency News and Public Mining Pools

Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill

Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its retail outward remittance application to include cryptocurrency. With this update, the bank has asked its customers to declare under India’s […]

RIP to the underground moonbetting circuit.

Sadly today our beloved r/ccmoonbets got banned. We had a system for trusted sub users to have another use-case for their moons, our first and only bet was on the EURO final and everyone paid up as agreed with a max bet of 100 moons. Now reddit tells me having an illegal underground moonbetting circuit…
Read more

Ethereum-based Gnosis Safe expands to Polygon, Arbitrum and BSC to enable more efficient DAOs

Gnosis Safe, a platform for managing digital assets on Ethereum, today launched on EVM-compatible networks Polygon, Arbitrum, and Binance Smart Chain (BSC), as part of its multi-chain layer-2 rollout. The deployment aims to tackle Ethereum’s scalability issue; boost the adoption of Decentralized Autonomous Organisations (DAOs) and bring added security to DeFi treasuries. L2 features from…
Read more

OK Group to help China combat money laundering with blockchain

OK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology.

AML compliance mandatory for foreign crypto exchanges, says Korean regulator

South Korea’s strict crypto regulatory oversight is now extending to overseas exchanges that offer cryptocurrency trading services denominated in the country’s currency.

Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus

Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday.

The Future of Mining after Ethereum 2.0 Upgrade

​ https://palaz.medium.com/the-future-of-mining-after-ethereum-2-0-upgrade-f5623dfd1b70 Hi guys, I decided to write this article to bring some clarifications about the future of mining. Will miners die? How many active miners there are in 2021? Which cryptocurrencies we could mine? Ravencoin is one of these. We love mining, we love Ravencoin, so let's talk about it! Thank you for your…
Read more

Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area

The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by […]

Former Bitmain CEO Jihan Wu: Regulatory crackdown may be good for crypto

Wu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.”