A cryptocurrency vault is to be built in Canada, to protect the digital currency. According to a Canadian Bank VersaBank, this action is to protect the cryptocurrency investor using Blockchain-based digital safety deposit box that is currently being set up.
Dubai recently issued its first license for Cryptocurrency firm for a Gold Trader that offer Cryptocurrency services. This decision will invite more crypto companies to move to the largest economic zone in UAE.
The cryptocurrency exchange, Coinbase announced that it wouldn’t entitle its U.S. customers to add new credit cards for making payments. It declared that the platform is unable to present smooth purchase through credit card and hence ‘restricted adding new credit cards.’ The company is in communication with the credit card issuers to arrive at a solution.
The price of DavorCoin, which was linked to the BitConnect exchange, experiences downfall. It had fallen from $180 to $0.03. A blog post revealed, “There is no doubt for us that the DAV value has been negatively affected by our lending program because the crypto-environment has dramatically changed.”
The St. Laurence’s College based in Brisbane is set to hold an ‘educational presentation’ on cryptocurrencies. The presentation will detail about the market and discuss ways to make safe investments.
Hut 8 Mining Crop, partnering with Bitfury, is to get listed on the TSX Venture Exchange. Partnering with Bitfury would aid to “acquire, install, maintain and operate North America’s largest bitcoin mining datacenters.”
The CEO of Nvidia, Jen-Hsun Huang, stated, “Crypto is a real thing. It’s not going to go away.” He emphasized that it was their real part of business during the last quarter.
The senior Ethereum developers had called for a public discourse. They look forward to obtaining inputs on measures to be taken at the software level to recover the funds lost through unforeseen events.