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Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
1 Year of Bitcoin in El Salvador: The Bad, the Good and the Ugly
15.9.2022
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s Bitcoin initiative, both tourism numbers and remittance usage are already showing meaningful payoffs, says David Z. Morris
G4TV Hit With Major Layoffs Less Than A Year After Coming Back
14.9.2022
At least somewhere between 15-20 staff were laid off at G4TV today, according to two sources familiar with business. The video game talk show network from the 2000s was resurrected last fall on streaming platforms like Twitch as well as cable TV, but now faces major upheaval less than a year later....
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
14.9.2022
Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could...
Square Enix Shutting Down PS5's Worst Game Before It's Even A Year Old
13.9.2022
Today, publisher Square Enix and developer Platinum Games finally did what everyone had been predicting from the start: they announced Babylon’s Fall will shut down within its first year. While I’m hardly surprised, it still sucks. People paid $60 for this game just six months ago, and less than...
This Crypto Is Up 170% This Year, and There Are Bigger Gains to Come
13.9.2022
A lot has been written about the cryptocurrency industry and the current drop in coin prices. Even as the market struggles to break out of its current bearish trend, crypto experts recognise that several assets still offer opportunities to profit.
Finding high-value coins on sale that could...
Russia aims to set rules for crypto cross-border payments by year's end
13.9.2022
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
South Korea Has Tracked USD 1bn Worth of Fraudulent Crypto Transactions This Year
12.9.2022
A staggering USD 1 billion worth of fraudulent crypto-related transactions has been identified in South Korea in the first half of 2022, new data shows.
According to Asia Kyungjae, the figures were compiled by the Korea Customs Service and made public by the lawmaker Kang Byung-won.
The data...
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
10.9.2022
California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt...
A Stablecoin Law May Not Happen This Year
7.9.2022
Hey folks. Monday was a federal holiday in the U.S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all. Plus, a few other stories that caught my eye over the past week
Overlapping Bar Charts
7.9.2022
As the name suggests, overlapping charts visualize two different sets of data in a single diagram. The idea is that the overlapping bars allow us to compare data, say, year-over-year. They are also useful for things like tracking progress for …
Overlapping Bar Charts originally published...
El Salvador celebrates Bitcoin anniversary: A year of ups and downs
7.9.2022
El Salvador’s first Bitcoin anniversary comes amid BTC losing over 60% of value in one year, but that doesn't really mean that the country’s Bitcoin experiment has failed
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets
7.9.2022
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming...
Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high
6.9.2022
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022
Cyberpunk 2077 Getting First Expansion Next Year, Keanu Reeves To Return
6.9.2022
Better late than never, Cyberpunk 2077 is getting its first major expansion, CD Projekt Red announced in a Twitch livestream today. It’s called Phantom Liberty, it’s out next year, and it will feature the return of Keanu Reeves’ Johnny Silverhand. It won’t, however, be available on PlayStation 4...
Petrousus Token, Flow, And TRON – The Three Cryptos To Watch Out For Next Year?
6.9.2022
There is another recent arrival, yet to officially enter the crypto market. The cryptocurrency that is patiently waiting for its launch is Petrousus Token. Petrous Token, the crypto that aims to assure simplicity in day-to-day use and accessibility to millions worldwide. What Makes Petrousus Token...
Yen Drops to 24-Year Low While Dollar Holds Steady Position
6.9.2022
The week started positively for the safe-haven dollar as it hit a 24-year high against the Japanese yen. The development emerged after the tightening of the US monetary policy. On the other hand, Japan maintained its low-interest rates, widening the gap even further. Top forex brokers across...
Indonesian Government to Launch Crypto Bourse This Year, Official Says
4.9.2022
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon...
Deloitte: Nearly 50% of CFOs Surveyed Expect Recession to Hit US Economy This Year
4.9.2022
Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs...