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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Northern Data to Acquire Company With 33,000 Bitcoin Miners

Reading Time: < 1 minuteGerman company Northern Data has entered into a partnership with mining firm Bitfield, involving the purchase of at least 86% of the stake and the indirect acquisition of around 33,000 ASIC miners.

September 28, 2021September 28, 2021 Chris Smith News

COTI Plans to Issue “Djed,” the First Algorithmic Stablecoin on Cardano

Reading Time: < 1 minuteCardano founder Charles Hoskinson has unveiled during the Cardano Summit COTI will serve as the official issuer of a new stablecoin based on the Djed stablecoin protocol.

September 27, 2021September 27, 2021 Chris Smith News

EMURGO to Invest $100M in Development of DeFi and NFT in the Cardano Ecosystem

Reading Time: < 1 minuteThe venture and commercial division of the Cardano project plans to invest $100 million in the development of the DeFi sector, NFT solutions and educational blockchain programs.

September 27, 2021September 27, 2021 Chris Smith News

A Guide to Trade Cryptocurrencies on MT5

Reading Time: 4 minutesThe most critical aspect of cryptocurrency trading is to select a registered broker that offers the greatest trading platform as well as excellent customer service.

September 24, 2021September 27, 2021 Chris Smith Analysis

US Defense Budget Bill Includes Regulation of Cryptocurrencies

Reading Time: < 1 minuteThe defense budget bill typically receives broad bipartisan support and is considered a must-have document.

September 24, 2021September 24, 2021 Chris Smith News

Crypto Fund to Launch Trusts on BTC and ETH

Reading Time: < 1 minuteCalifornia-based asset manager Cambrian Asset Management plans to launch actively managed Bitcoin and Ethereum trusts for accredited investors.

September 24, 2021September 24, 2021 Chris Smith News

Solana-based Project Grape Network Raises $1.2 Million

Reading Time: < 1 minuteSolana blockchain-based project Grape Network, which develops tools for creating DAOs, has recently raised $1.2 million in a seed funding round.

September 24, 2021September 24, 2021 Chris Smith News

Aella and Gluwa Record More Than 1 Million Transactions Across Africa on Blockchain

Reading Time: < 1 minuteAella and Gluwa have seen more than a million transactions recorded on blockchain since June.

September 23, 2021September 22, 2021 Chris Smith News
Marco Verch - Flickr

Binance Removes Bitcoin Accounts of Russian Exchange Suex

Reading Time: < 1 minuteChangpeng Zhao has just given his approval to the inclusion of Bitcoin exchange Suex on the US sanctions list.

September 23, 2021September 23, 2021 Chris Smith News

Robinhood Confirms Crypto Wallet Testing Rumors

Reading Time: < 1 minuteRobinhood’s waiting list clients will start testing browser-like Web 3.0 crypto wallets already in October.

September 23, 2021September 23, 2021 Chris Smith News

The SEC Chief Believes Securities Law Will Help Regulate the Cryptosphere

Reading Time: < 1 minuteThe chairman of the Securities and Exchange Commission (SEC) has previously highlighted the need to regulate the crypto industry.

September 22, 2021September 22, 2021 Chris Smith News

Co-founder of Sanctioned Crypto Exchange Suex Denies Illegal Activity

Reading Time: < 1 minuteVasilii Zhabykin, co-founder of Russian cryptocurrency exchange Suex, has confirmed to The New York Times his connection with the company.

September 22, 2021September 22, 2021 Chris Smith News

37% of Texans Support Bitcoin Legalization in El Salvador

Reading Time: < 1 minuteThe legalization of Bitcoin in El Salvador as legal tender has set a dangerous precedent, according to the World Bank.

September 21, 2021September 21, 2021 Chris Smith News

An Unknown User Sends 9,916 ETH From WEX’s Wallet to New Address

Reading Time: < 1 minuteAn unidentified user yesterday sent all the funds (9,916 ETH or more than $30 million) from the wallet of crypto exchange WEX to a new address.

September 21, 2021September 21, 2021 Chris Smith News

The Bank of Russia Speaks Out Against Cryptos

Reading Time: < 1 minuteDigital currencies cannot be considered by citizens as an investment instrument due to their high volatility.

September 20, 2021September 20, 2021 Chris Smith News

El Salvador is Among Top 3 Countries with More Bitcoin ATMs

Reading Time: < 1 minuteThe number of crypto terminals in this Latin American country has increased significantly in a few weeks.

September 20, 2021September 20, 2021 Chris Smith News

German Regulator Approves Bitcoin-based Security Token Offering

Reading Time: < 1 minuteThe German Federal Financial Supervisory Authority (BaFin) has just approved the STO of the game publisher Exordium for the EXOeu token.

September 17, 2021September 17, 2021 Chris Smith News

Experts Say BTC Legalization is a Threat to the Credit Rating of El Salvador

Reading Time: < 1 minuteRating agency S&P Global has said the legalization of Bitcoin in El Salvador has “immediate negative consequences” for the country’s credit rating.

September 17, 2021September 17, 2021 Chris Smith News

Hacker Steals Over $3 Million From SushiSwap’s MISO Platform

Reading Time: < 1 minuteThe attacker has withdrawn 864.8 ETH (~ $3.09 million) from a non-fungible token (NFT) auction on the IDO platform MISO of the SushiSwap protocol.

September 17, 2021September 17, 2021 Chris Smith News

Huobi Ventures Launches $10M Fund to Invest in GameFi Projects

Reading Time: < 1 minuteThe investment division of Huobi Group has recently announced the launch of a new $10 million fund to invest in promising projects in the Game Finance (GameFi) segment.

September 16, 2021September 16, 2021 Chris Smith News

Media Uncovers Reason for SEC’s Different Approach to Ethereum and XRP

Reading Time: < 1 minuteThe SEC does not consider Ethereum a security because it has a fully built blockchain infrastructure that has been operating for years.

September 16, 2021September 16, 2021 Chris Smith News

Polkadot-centered Derivatives Exchange DTrade Raises $22.8 Million

Reading Time: < 1 minutedTrade, a decentralized derivatives exchange focused on Polkadot, has raised $22.8 million in a funding round.

September 15, 2021September 15, 2021 Chris Smith News

Gary Gensler Will Start a “Crusade” Against Crypto Exchanges

Reading Time: < 1 minuteCrypto exchanges have listed unregistered securities and the regulator plans to fight this.

September 14, 2021September 14, 2021 Chris Smith News

BitYard Has Partnered With Banxa to Expand Fiat Money Deposit Methods Supporting Major Currencies

Reading Time: 2 minutesRecently, the exchange has partnered with Banxa, the world-leading payment service provider (PSP) for the digital asset industry.

September 14, 2021September 14, 2021 Chris Smith Press releases

Democrats in the US Congress Want to Eliminate Tax Loopholes in Reporting Crypto Transactions

Reading Time: < 1 minuteThe idea behind this operation is to avoid the understatement of the capital gains tax.

September 14, 2021September 14, 2021 Chris Smith News

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