CoinEx crypto exchange to remove all mainland China users in October

CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations. The company officially announced on Thursday that it was going to completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China. The exchange has asked mainland China-based users to withdraw their crypto assets from the platform before Oct. 31, 2021. CoinEx then plans to disable accounts with zero assets starting from Thursday, Sept. 30. “All access will no longer be available to your…

Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira – Economics Bitcoin News

Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s Continuing Depreciation The call by Obanikoro comes nearly two weeks after threats from the Central Bank of Nigeria (CBN) governor forced Abokifx to stop publishing the naira’s black market exchange rates. Yet even after the suspension of the service, the naira continues to slide…

Cryptocurrency market doubles in value to $2 Trillion in just 3 months #Shorts #shorts

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Argo Blockchain to Buy 20,000 Mining Machines for West Texas Data Center

Crypto mining firm Argo Blockchain has agreed to buy 20,000 mining machines for the data center it is building in West Texas. The Bitmain Antminer S19J Pro machines will increase London-based Argo’s hashrate by more than 2 exahash to a total of 3.7 exahash by the end of third-quarter 2022, the company announced Thursday. The deposit for the order is being funded by Argo’s cash reserves. The company did not give a value for the order and had not responded to a request for more information by press time. The…

What do parties think of crypto and blockchain?

The use of new technologies such as blockchain or artificial intelligence has been in the spotlight lately and gaining more acceptance from governments around the world.  On Sunday, Sept. 26, Germans voted in parliamentary elections that marked the end of Angela Merkel’s 16 years in office. Since 2005, Germany has experienced deep crises, but also unprecedented prosperity. Merkel’s departure creates a power vacuum, but it also creates the chance for a new beginning — with the crypto sector being no exception. But what might this new beginning look like, and…

Is $40K Bitcoin the new $10K? BTC holds $43K support as exchange Bitfinex halts trading

Bitcoin (BTC) erased overnight gains on Sept. 30 as sudden problems at major exchange Bitfinex caused a mass outage. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex investigates mystery shutdown Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing $43,000 following the news after hitting local highs above $43,800 on Bitstamp. With the source of the issue unknown at the time of writing, traders were left in the dark as an already sensitive crypto market fell back towards es “We are investigating issues with the platform and have to temporarily…

Bitcoin, crypto, and NFTS! 2 Trillion Dollar Market Cap! Cryptocurrency News in 2021.

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hi Everyone my name is Arian Shahbazi and I go my Ari Shah on Youtube. If you haven’t been watching the channel please subscribe and click the bell button to receive sensitive cryptocurrency news on a daily basis. We drop 1-4 videos a days giving out free signals and showing the coins that we are investing into and see huge potential in. Checkout my Picks for March and the rest of 2021! ———————————————————————————————– We are performing the 1000x Cryptocurrency Challenge. To follow…

NFT trading game Axie Infinity launches AXS staking program

Axie Infinity, a play-to-earn NFT game based on the Ethereum blockchain, announced the launch of the staking program for its native token, Axie Infinity Shards or AXS.  AXS holders can start staking their tokens while the rewards will be activated in 24 hours to ensure all time zones could stake beforehand, according to a Sept. 30 announcement. “Staking is a way for us to reward our community members for having a long-term mindset and locking up their AXS tokens,” the Axie Infinity team said as part of the announcement, adding…

Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF; Dollar Rally May Cap Gains — CoinDesk

Data from ByteTree Asset Management show bitcoin ETFs and funds currently own around 801,000 BTC, amounting to 4.3% of the total supply. “Holdings ballooned from 250,000 in 2019 to 800,000 today and helped drive the bitcoin bull market from $5,000 to $64,0000, before flattening off,” ByteTree Asset Management’s CIO Charlie Morris said in the latest ByteTree Market Health Update published Wednesday. Source

New Zealand central bank releases issue paper on digital currency

The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC). The paper outlines CBDC purposes, designs, as well as the potential benefits and associated risks. The bank will be seeking comments on the proposed paper until Dec. 6. The document focuses on a “general-purpose” CBDC that is a digital currency issued to “any individual or business that wants to use it.” “Such a ‘general-purpose’ CBDC would be closer in function to cash and better placed to fulfil the role of central bank…