Day: October 12, 2021

Major Turkish Crypto Exchange Coinzo Shuts Down – Exchanges Bitcoin News

Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s Crypto Exchanges Closes Amid Ankara’s ‘War’ on Cryptocurrency Leading Turkish crypto exchange Coinzo announced on Monday it’s ending trading operations. The platform called on customers to withdraw their assets in Turkish lira and cryptocurrency without providing any particular reason for its decision to exit the market. In…

Browser-based DeFi wallet XDEFI launches public version

XDEFI Wallet, a browser-based wallet service for decentralized finance (DeFi) and nonfungible token (NFT) users, launched its public version on the Chrome Store. Similar to the widely-used browser extension wallet MetaMask, the XDEFI Wallet supports DeFi applications across multiple blockchains. According to the announcement, the browser wallet works with the Ethereum (ETH) network and other Ethereum Virtual Machine-compatible chains. Supporting THORchain and Terra, XDEFI Wallet has plans to include Avalanche, Solana and Arbitrum into the mix. In a previous conversation with Cointelegraph, Émile Dubié, co-founder and CEO of XDEFI Wallet, argued…

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Intel Won’t Limit Crypto Mining on New Arc GPUs — CoinDesk

Arc is Intel’s first full step into the world of discrete gaming graphics cards since 1998. Intel previously focused on integrated GPUs, which are built into the processor and share system memory with the central processing unit (CPU). Discrete cards are separate from the processor with independent memory and power sources, offering higher performance. Source

Are Bridges Solving the Interoperability Problem?

The blockchain landscape is as vast as it is diverse. Filled with a rapidly growing number of tools, platforms, and protocols, each designed to boost the utility of cryptocurrencies and provide value to users. But in this complexity, a major obstacle has emerged. Blockchains simply can’t interact with one another. Ethereum, Binance Smart Chain, Solana, Terra, and dozens more blockchains are effectively operating in isolation, due to a lack of in-built interoperability. This has had a knock-on effect of dividing the blockchain community, who often need to pick and choose…

China’s crypto ban: Buy the dip or cause for concern?

China’s regulatory policies toward crypto used to be a major factor in market activity. Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo started circulating online, Bitcoin’s (BTC) price dropped over 6.5%. Soon after, however, industry experts suggested that the news may have been the ultimate dip-buying opportunity. China’s crackdown on crypto started years ago, to the point that Bitcoin suffered its biggest mining difficulty drop of nearly 28% in July of this year as miners started…

Binance Dedicates Another $1B to Smart Chain Project — CoinDesk

According to the news release, the newly launched $1 billion Growth Fund by Binance will be dedicated to four main categories in the BSC’s ecosystem: talent development among the developer communities and crypto investors, liquidity incentive programs to encourage new users to BSC, tech support including global hackathons, and incubation program for different new projects. Source