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Prosecutor Seeks Thousands of Years of Prison for Missing CEO of Turkish Crypto Exchange Thodex
3.4.2022
Members of the team of the now defunct Turkish crypto exchange Thodex may receive thousands of years in prison, if the court backs the prosecutor’s plea in the case. The trading platform’s CEO has been missing for the past year since Thodex suspended activities in a suspected exit...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Recent Poll Suggests 21% of Americans Have Dabbled in Crypto
3.4.2022
A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto...
Defiance CEO ‘Completely Bullish on Bitcoin’ — Says It’s ‘a Good Time to Get in’
3.4.2022
The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief...
Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’
3.4.2022
Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April...
Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots
3.4.2022
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices...
Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter
2.4.2022
During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been...
With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High
2.4.2022
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate...
Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency
2.4.2022
On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed...
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force
2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...
Biggest Movers: Near Surges 22% on Saturday, as SOL, AXS Move Higher
2.4.2022
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto...
LeisurePay Announces Dual Listings on Bitmart and Probit Global
2.4.2022
PRESS RELEASE. LeisurePay, a merchant payment solutions provider using blockchain technology and powered by the only wholly black-owned bank in America, announces the debut exchange listing of its LPY token. “Listing with a Top 20 Worldwide exchange in Probit Global, one of the top-ranked...
Bitcoin, Ethereum Technical Analysis: ETH Climbs to $3,500 to Start the Weekend
2.4.2022
ETH rose to its highest level since the start of January to begin the weekend, as prices rose following yesterday’s consolidation. BTC also rallied, however remains below this week’s high of over $48,000. Bitcoin Although BTC started the weekend trading below this week’s high...
Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%
2.4.2022
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According...
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...
Bandai Namco Announces Gundam Themed Metaverse
2.4.2022
Bandai Namco, a game developer and publishing company involved in the production of toys from several intellectual properties (IPs), has revealed more information about its $130-million metaverse gambit. The company says this new initiative will be based on its Gundam IP, being one of the first...
Moxy․io Introduces the ‘Play and Earn’ Concept Ahead of Moxy Club Pre-Launch
2.4.2022
PRESS RELEASE. The Moxy.io team has built a team consisting of several veterans from the video game industry to take gaming to a whole new level by bringing blockchain technology to mainstream games. The team began their adventure in 2021, when a band of blockchain enthusiasts joined up with...
Indian Government Consulting With IMF, World Bank on Crypto Policy
2.4.2022
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
2.4.2022
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information...
19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found
2.4.2022
On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have...