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EU Bans High-Value Crypto Services to Russia in New Round of Sanctions
10.4.2022
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new sanctions prohibit the provision of “high-value” crypto-asset services to Russian entities and residents....
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
9.4.2022
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold...
NY State Supreme Court dismisses petition against crypto mining company
8.4.2022
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
6.4.2022
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...
A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022
6.4.2022
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top...
ProShares Aims to Let Investors Bet Against Bitcoin With New ETF
6.4.2022
The company filed an application with the SEC for the Short Bitcoin Strategy ETF
Here's How You Can Protect Yourself Against Phishing as Trezor is Attacked
4.4.2022
Trezor, a popular Bitcoin (BTC) hardware wallet, has revealed that its newsletter has been compromised, warning users of phishing attacks -- but the team's chief information security officer (CISO) shared tips on how to stay crypto-safe just days earlier....
Read More: Here's How You Can Protect...
Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
4.4.2022
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency...
Is Bitcoin a hedge against inflation?
3.4.2022
Inflation eats into your savings, reducing the value drastically over time. Is Bitcoin a good inflation hedge?
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...
Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute
2.4.2022
Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion.
Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over...
Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
2.4.2022
According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls...
OKX Starts to Offer Bitcoin, Ether Trading Pairs Against Terra's UST
1.4.2022
Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins have also started
EU Parliament Votes on Privacy-Busting Crypto Rules as Industry Rails Against Proposals
31.3.2022
The move by lawmakers Thursday is set to end even the smallest anonymous crypto transactions, and could see unregulated exchanges cut off from the financial system
Crypto Industry Mobilizes Against Proposed EU Transparency Rules
31.3.2022
With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
29.3.2022
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks" as the demand grows
NFT of Nelson Mandela’s Arrest Warrant Raises $130,000
29.3.2022
A South African museum, Liliesleaf Museum Heritage Site, recently raised $130,000 via the auction of a non-fungible token (NFT) created from an arrest warrant issued against Nelson Mandela in 1962. Proceeds From NFT Sale to Fund Museum Activities A non-fungible token (NFT) minted from the former...
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
28.3.2022
The central bank said that cryptos carry high risks, which includes financial crimes, piracy and the loss of value
Crypto Industry Fights Back Against EU 'Unhosted Wallet' Propaganda
28.3.2022
The global crypto industry is increasingly fighting back in response to regulatory proposals they consider harmful to the sector’s future development.
Following the unsuccessful campaign by some European Parliament members to ban proof-of-work (PoW) consensus protocol-powered cryptoassets,...
81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade
27.3.2022
As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since...