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How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Radomski explains
7.7.2022
"There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
7.7.2022
AXS could recapture its former glory if market participants view the launch of land staking, increasing activity on the Ronin bridge and upcoming roadmap targets as bullish catalysts
The Moscow Exchange is a good base for crypto trading, Russian lawmaker says
7.7.2022
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...
Solflare to let users manage Solana CeFi and DeFi accounts in one app with FTX integration
7.7.2022
Transfer between custodied and non-custodied accounts can now take place within the Solflare wallet
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet
7.7.2022
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available...
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
7.7.2022
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia
7.7.2022
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians...
Report: $540 Million Crypto Gaming Hack Made Possible By Elaborate Phishing Scheme
6.7.2022
NFT Pokémon clone Axie Infinity went from being famous for players profiting off its “play-to-earn” gaming scam to infamous for getting hacked out of $540 million in cryptocurrency. Now according to a new report by The Block we know what made the security breach possible: a sophisticated phishing...
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
6.7.2022
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “​​rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed...
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
6.7.2022
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move
6.7.2022
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only solution to the CAR’s money problems. Formal Economy Not an Option Central African Republic...
Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
6.7.2022
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market
Korea and US agree to share investigation data on Tera-Luna
6.7.2022
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
6.7.2022
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...
Singapore Considers Imposing New Restrictions on Crypto Trading
6.7.2022
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.”...
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
5.7.2022
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market
Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion
5.7.2022
June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger
Alexander Vinnik Serves Prison Term in France but No Freedom in Sight
5.7.2022
Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer....
With the bear market in full throttle, crypto derivatives retain their popularity
5.7.2022
"Derivatives provide opportunities to protect their portfolios during times of heightened market volatility," says Emerson Li, brand lead at BingX