How DeFi Taps into Large Halal Market with Nimbus

London – UK – 30 August 2021 / When it comes to cryptocurrencies, almost everyone wants to get in on the exciting gains that have seemingly happened since the inception of Bitcoin in 2008. However, some people may be limited to their exposure to crypto products such as DeFi, because of their religious beliefs.  DeFi is decentralized finance, and one of its many wonderful use cases is offering those who lend out their money interest as a reward for sending money to lending pools, where borrowers can borrow the asset…

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Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian Ministry of Industries, Mining and Trade has denied claims by the Iran Power Generation, Distribution and Transmission Company (Tavanir) that illegal crypto miners are largely responsible for the ongoing power shortages in the Islamic Republic.…

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What is Bitcoin?

As cryptocurrencies become a household phrase, there are probably still many of you out there wondering what is Bitcoin? Bitcoin is the world’s largest cryptocurrency, which is essentially a digital currency or online cash. Bitcoin can be bought or sold, traded, or used to pay for items where it’s accepted. The concept of Bitcoin was first published in 2009 by an entity called Satoshi Nakamoto, which could be either a group or an individual—to this day nobody is sure. Bitcoin as a payment method requires a digital wallet and every…

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TurboXBT And How Instant Profits Are Only A Click Away

Today’s society is all about instant gratification. The masses want instant access to everything, whether it is their friends and family on social media, online shopping, or otherwise, and they all want it now. That is why in today’s fast paced world, TurboXBT is the only way to access instant profits in just a few clicks. Speed And Simplicity Allow For Instant Profits For a supercharged trading experience that offers speed, style, and simplicity all in one platform, there is TurboXBT. TurboXBT is the only platform that offers easy to…

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SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. Speaking to the Parliament’s Committee on Economic and Monetary Affairs on Sept. 1, Gensler highlighted the role financial technologies are playing in globalizing economic flows and undermining siloed national markets: “I think the transformation we’re living through right now could be…

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