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Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs
1.6.2022
Kirobo’s new inheritance solution allows users to generate and execute an automated last will without the need for lawyers, government authorities, or any other centralized entity
Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia
1.6.2022
Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev...
EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework
1.6.2022
Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries....
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
31.5.2022
The committee of central banks and regulators has proposed a “conservative prudential treatment” of cryptoassets that banking groups say is prohibitive
Bitcoin price rallies to $32.3K, but three factors could limit its recovery
31.5.2022
BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price
New Ni No Kuni Game Is Absolutely Rotten With Crypto Garbage
31.5.2022
Hey, there’s a new Ni No Kuni game out! It once again features animation work by Studio Ghibli, and music by Joe Hisaishi! This should be cause for celebration, but we don’t deserve nice things. So instead, we have got a mobile/PC gacha game that is built on a foundation of crypto nonsense.Read more
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
30.5.2022
Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range
Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’
30.5.2022
ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.”
CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
30.5.2022
Cointelegraph spoke to CeFi leaders to understand where interest rates are going and what the future holds for CeFi
Here's how much Kazakh gov't made off crypto mining in Q1 2022
30.5.2022
The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said
South Korean authorities reportedly probe staff behind Terra
30.5.2022
South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues
Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
30.5.2022
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9% said they would invest in cryptocurrencies. Real estate is the next most-preferred after gold, with 27.4% of the respondents saying they would invest. Fewer Turks...
Youtuber NasDaily’s Bitcoin buy is $200K underwater: 'Be greedy and HODL'
30.5.2022
Bear market advice from Youtuber NasDaily, whose “once in a generation” bet on Bitcoin is down roughly $200,000
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
30.5.2022
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao....
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
29.5.2022
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the finance ministry has introduced a number of revisions to the legislation it has been working...
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
29.5.2022
Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
29.5.2022
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...