Press Releases

SINGAPORE, Jan 20, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic blockchain partners have many exciting news and programs in store…

SINGAPORE, Jan 14, 2022 - (ACN Newswire) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake and our strategic coin partners have much exciting news and programs in store for you as our…

ABU DHABI, UAE, Jan 3, 2022 - (ACN Newswire) - Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced closing a $1.5M pre-Series A round by international investors led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Capital completing the group. Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their…

SINGAPORE, Dec 28, 2021 - (ACN Newswire) - Moonstake announced today it will implement staking support for EVER, the native coin of the Everscale blockchain, which was rebranded from Free TON earlier this month, in early 2022. With this update, Moonstake Wallet users can now send, receive, and own EVER on both the web and mobile versions. Moonstake is the world's first multi-asset wallet for EVER, as EVER has only been supported by dedicated EVER wallets until now. Moonstake launched its staking business in 2020 with the…

TOKYO, Dec 15, 2021 - (JCN Newswire) - JCB Co., Ltd. Japan's only international payment brand (Head Office: Tokyo, Japan) and Keychain GK (Head Office: Singapore) implement offline payments using near-field communication (NFC), self-sovereign identity, and blockchain technology. With the spread of 5G and the development of Internet of Things (IoT) devices, machine-to-machine payments will automatically execute contracts and make payments without human intervention, and possibly without network connectivity. JCB and…

TOKYO, Dec 9, 2021 - (JCN Newswire) - JCB Co., Ltd., Japan's only international payment brand, and Datachain has started a demonstration experiment on interoperability between different blockchains(*1) to build a "digital currency exchange platform". In the near future, various digital currency and circulation platforms are expected to be launched, including those issued by the private sector in addition to the Central Bank Digital Currency (CBDC). As the existing fiat currencies are widely exchanged, it is essential to…

A survey of the super-rich of South Korea revealed that only a small percentage invests in crypto. However, new data from the United States suggests otherwise. But we must understand the difference in demographics of both surveys. While the South Korean survey dealt solely with the wealthiest section of the population, the new survey of CivicScience accounted for young investors in the United States. The sample size of the CivicScience survey was also drastically bigger, reaching up to 40,600 respondents. CivicScience's…

China's ban on all cryptocurrencies is perhaps is the single biggest setback for cryptocurrencies in the world. As a consequence of the nationwide ban, many Chinese crypto startups and firms have relocated to other countries. Huobi Global is among the last few Chinese cryptocurrency firms to leave the country. In an official statement in a Chinese media outlet called CGTN, Huobi Global said that they will stop serving customers in mainland China starting 14th December 2021. However, Huobi added that customers will have the…

In the United States particularly, cryptocurrency has become a left vs right political issue. However, right-wing extremists seem to have taken it to the next level, with some prominent figures declaring Bitcoin as the currency of the alt-right. Analytics firm Elliptic has found that cryptocurrency use among far-right extremists has grown tremendously, and these same groups have been the most vocal for a censorship-free crypto ecosystem. If the trend continues, the worst hit will be regular investors who do not associate…

UK's apex financial regulatory body FCA has declared that crypto investors will not fall under compensation schemes if they lose invested amounts due to frauds or scams. CEO of FCA Nikhil Rathi issued a statement about the same where he said that cryptocurrency investors need to account for the risk before investing. If something goes wrong, as had happened many times in the past, the government or FCA will be in no way liable for compensations. Considering the unregulated nature of cryptocurrencies, it does not come as a…