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South Korea: Foreign Exchanges Limit Transactions Following Strict Crypto Regulations

Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin "has no intrinsic value." He also said that he did not understand why its value is so high. Taking a Step…

Stellar (XLM) Blockchain Network to Enable Thailand-Europe Cross-Border Payments

Stellar (XLM) blockchain-powered cross-border remittance corridor goes live to enable Thailand-Europe payments. Enabling Cross-Border Payments via Stellar Blockchain According to a recent press release, Velo Labs, TEMPO Payments, and Bitazza Thailand have jointly opened up a remittance corridor between 27 countries in Thailand and the EU region. Notably, the aforementioned…

SkyBridge Capital Purchases Credits to Offset Its Bitcoin (BTC) Holdings Carbon Footprint

The push toward making bitcoin (BTC) greener continues to grow stronger. SkyBridge Partners with MOSS Earth In a press release issued on August 2, global multi-asset class investment firm SkyBridge Capital announced it had joined forces with climate tech company MOSS Earth to purchase and immediately retire tokens representing about…

Crypto Mining and Renewable Energy: Current Scenario and Emerging Trends

The economic potential for cryptocurrency can be huge. Millions of people who don't have access to banking can have digital wallets, be prevented from fraud, and cut out the third-party transaction fees. These are just a few of the transformative potential of cryptos. There are many more. Despite all these…

SushiSwap (SUSHI) Announces Arbitrum Deployment

The SushiSwap (SUSHI) team has revealed via Twitter on May 30, 2021, that the decentralized exchange (DEX) has successfully deployed Arbitrum and it’s now putting finishing touches to its user interface and other areas. SushiSwap Adds Support for Arbitrum In an exciting development for users of the SushiSwap (SUSHI) decentralized…

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