Crypto News with Coinmonks

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Shiba Inu team issues scam alert to SHIB investors | UK’s FCA to spend over $650k | Coinmonks News #11 Nov 22, 2021

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SHIB team warned SHIB investors about scammers who are impersonating official accounts and creating fake users.

The Financial Conduct Authority (FCA) of the United Kingdom is tightening up on cryptocurrency laws in order to combat criminal activity with Bitcoin.

Crypto.com adds Polygon support for Ethereum | Demand for Verlux Token Surges | Coinmonks News #10 Nov 21, 2021

Show notes

Crypto.com, a popular cryptocurrency exchange, stated on November 19 that its integration with the L-2 network, Polygon, had been completed. As a result, users will be able to make Ethereum deposits and withdrawals through the network.

The Cardano community has been buzzing as a new project like Verlux built under its wings is poised to be on the front foot of the NFT ecosystem at large.

Ethereum becomes a ‘first-class currency’ | Solana is clear favorite with these investors | Coinmonks News #9 Nov 20, 2021

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Ethereum joined the ranks of USD, GBP, and EUR as a payment option in the auction house's first. During the sale of two Banksy paintings, Ethereum was listed as a payment option for the first time on Sotheby's pricing table.

Solana, with a market cap of $68.21 billion, was the clear winner among the top crypto assets [other than Bitcoin and Ethereum] in institutional portfolios, according to Messari Research.

India May Ban Crypto Payments | Binance to close Multi-Million Funding Round | Coinmonks News #8 Nov 19, 2021

Show notes

So, moving towards our last segment for today- The Indian central bank of the country is concerned about the possibility of decentralization and collapse of the current system. India's Parliament is about to start its winter session, and several politicians are campaigning for Bitcoin to be banned as a form of payment.

Binance’s funds have been in news lately, it is said to be in the process of closing multi-million dollar investment rounds.

Indian Prime Minister views about Crypto | 3WM rewards for ecological actions | Coinmonks News #8 Nov 18, 2021

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Narendra Modi, the Indian Prime Minister, spoke at the Sydney Dialogue yesterday about India's progress in the digital sector and artificial intelligence. His views on the crypto market and Bitcoin, on the other hand, drew a lot of attention.

3WM plans to build a global network of 60 Trash-to-Bioenergy facilities concentrating its technology in order to convert waste into energy and treat and purify water.

ODIN Boards Cardano & Cooperates With OKEx | Israel Proposes New AML Rules | Coinmonks News #7 Nov 17, 2021

Show notes

Odin is a trading platform with a wide range of features that will appeal to a variety of merchants. New traders will benefit from learning from more experienced traders, while algorithmic traders will be able to host their bots, which are simple to construct and do not require code.

After various countries have decided to come forward with their own crypto laws, Israel seems to have stepped in it too, so it’s authorities have proposed new AML rules for crypto service providers.

Why did Bitcoin Crash to 58K in Less than 24 Hours? | AMC theatres Will Accept Shiba Inu | Coinmonks News #7 Nov 16, 2021

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Crypto market had a small crash today leading to losing all the November gains, even bitcoin and ethereum couldn’t be in the safe side this time, and the altcoins are quite sad probably, meme coins were affected too.

Now amid the popularity AMC has said that it’ll accept payments in Shiba too.

Over 70% of Shiba Inu holders are in profit | Ethereum Regains Strength | Coinmonks News #6 Nov 15, 2021

Show notes

Despite its historical volatility, Shiba Inu continues to be an extremely beneficial investment vehicle for crypto investors, with over 70% of them profiting. Ethereum is yet again going high, being the Bitcoin killer people already expect huge from it, and mostly it lives up to all of them, it has started it’s fresh run to $4850

Dogecoin Withdrawals Frozen | Shiba Inu Coming to India’s First Crypto Unicorn | Coinmonks News #5 Nov 13, 2021

Show notes

Shiba Inu ($SHIB), a popular meme-inspired cryptocurrency, has been listed on Indian cryptocurrency trading platform CoinDCX's retail-friendly platform. SHIB was previously exclusively available in trade-only mode on the professional-oriented CoinDCX Pro platform.

Withdrawals of Dogecoin have been halted on Binance, the world's largest cryptocurrency exchange. The exchange's motives have been questioned as a result of the freeze. However, it appears that the decision was made out of necessity.

Mastercard Forges Partnership In Asia | Singapore grants Binance, Coinbase | Coinmonks News #4 Nov 12, 2021

Show notes

Mastercard has partnered with three digital asset platforms in Asia to allow consumers in the region to rapidly convert cryptos to fiat for use at any Mastercard-accepting store. A list of 70 platforms that have applied to provide digital asset services in Singapore has been provided by the Monetary Authority of Singapore (MAS). Coinbase Global Inc.'s Singapore arm and Binance Holdings are among the notable applicants.

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