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Myanmar Central Bank Claims Crypto is Banned, Users Disagree

The Central Bank of Myanmar (CBM) announced that it does not recognize cryptocurrencies as an official currency and anyone caught trading digital assets can be imprisoned or fined.But local crypto enthusiasts dispute whether the pronouncements have any force in law. Reported by the Myanmar Times, the country’s central bank issued an

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Fortnite Fans Race to Earn ETH-Based Rewards on Reddit, Crypto Users Saunter

Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created.Reddit’s points were rolled out across two subreddit communities pertaining to the topics of the popular video game Fortnight (r/fortniteBR) and cryptocurrency (r/cryptocurrency) from March 13 to March 15.Perhaps

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Coinbase Claims Most Users Shift to Altcoins After Bitcoin Price Spikes

Popular U.S. exchange Coinbase revealed earlier this week its users tend to shift to altcoins after Bitcoin enters a “bull market.” Investors presumably after “feeling good” about rising prices and their apparent ability to predict trends.  Seeking Profits in Casino-like Markets As published on a blog post on May 13, Coinbase said

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Celsius Targets New Users With Tokenized Gold and Commodities

In an exclusive interview with Cryptox, Alex Mashinsky, the chief executive of decentralized finance, or DeFi, platform Celsius, and an inventor of the voice-over-internet-protocol, or VOIP, discussed the platform’s recent introduction of support for Tether Gold, or XAUT.Mashinksy described its support for tokenized gold as offering a bridge for users

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Blockstream Satellite 2.0 Allows Users to Synchronize Bitcoin Node Without Internet Connection

Blockstream, the Canada-based distributed ledger technology (DLT) project dedicated to improving the Bitcoin (BTC) network, has announced the launch of Blockstream Satellite 2.0. The team says the latest upgrade comes with a standards-based transmission protocol, additional bandwidth, and coverage areas, while also allowing users to synchronize the entire Bitcoin node

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