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Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe
16.5.2022
A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when...
Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown
15.5.2022
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities...
Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
15.5.2022
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....
Welcome to Mars: I own everything, have total privacy and life has never been better
15.5.2022
While people on Earth are still expecting decentralized tech mass adoption, for people on Mars decentralization is the only way to organize their, well, everything
Report: Central African Banking Regulator Says Crypto Ban Still Effective
15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...
Seaside Resort in Slovenia Promotes Itself With NFTs
15.5.2022
The tourism organization in Portorož, a summer resort on the Adriatic coast of Slovenia, has decided to promote the destination using non-fungible tokens (NFTs). The project represents the digital component of this year’s campaign to attract visitors to the region. Tourists...
Terra (LUNA) trading volume surge 200% as market adjusts to death spiral
15.5.2022
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14
Accessibility is the main barrier to crypto adoption — Here are the solutions
15.5.2022
Cryptocurrency accessibility is inhibited by a lack of financial and crypto literacy created in part by the wealth gap, technostress and overuse of jargon
Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000
14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...
DeFi attacks are on the rise — Will the industry be able to stem the tide?
14.5.2022
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
14.5.2022
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...
On-chain privacy is key to the wider mass adoption of crypto
14.5.2022
Blockchain transactions need privacy to catalyze mass adoption. On-chain privacy is coming, and that’s good for businesses and investors
Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto
14.5.2022
The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay...
Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’
13.5.2022
Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
13.5.2022
BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors
Crypto donations fund ATVs and gas masks for Ukrainian military
13.5.2022
Ukraine's ministry of digital transformation has utilized cryptocurrency, nonfungible tokens, and even CryptoPunks in an effort to fund its military and humanitarian aid
What happened? Terra debacle exposes flaws plaguing the crypto industry
13.5.2022
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins
Crypto Pokémon Clone’s Currency Plunges To Less Than A Penny
13.5.2022
Crypto markets are bottoming out and nothing’s immune, not even the potions critters use to breed in the Pokémon-style collectathon Axie Infinity. Called Smooth Love Potions, the currency has been trending down for some time now as players flood the market with it. For the first time in...