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Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
9.5.2022
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase...
Understanding staking pools: The pros and cons of staking cryptocurrency
9.5.2022
A popular investing strategy for long-term crypto investors, staking pools promise a regular income stream for the tokens staked with certain riders
Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA
8.5.2022
Bitcoin has reached a critical support zone and if there is a bounce from this level ALGO, XMR, XTZ and THETA could move higher in the short-term
Meme Token Carnage — DOGE, SHIB Prices Sink Lower, Dogecoin Down 82% Since Last Year
8.5.2022
Today’s top meme coins have lost 4.8% in value against the U.S. dollar, as the crypto market carnage has wreaked havoc across the entire digital currency economy. While dogecoin had a phenomenal year in 2021, over the past 12 months, dogecoin lost 82.8% against the USD. DOGE Tapped...
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
8.5.2022
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively exploiting the hot topics of the day, including the sanctions theme. Pyramids Offer Russian...
Utah Governor approves of blockchain and digital innovation task force
8.5.2022
Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
8.5.2022
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature...
Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes
7.5.2022
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found out that eventually, almost three out of four citizens would purchase cryptocurrency to invest, or as a way...
Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
7.5.2022
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Bored Ape Yacht Club NFT Fans Lose Millions Trying To Buy Video Game 'Land'
6.5.2022
Something bad is happening over in the Bored Ape Yacht Club, the year-old NFT collection owned by blockchain tech firm Yuga Labs. Bad things seem to happen almost daily in the NFT sphere and the cryptocurrency community at large, which are both unfortunately frequent targets of multimillion-dollar...
There’s more to NFTs than just PFPs — 5 ways nonfungible tokens will transform industry
6.5.2022
NFT art continues to grow in popularity, but what other industries could the technology disrupt in the next few years?
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
6.5.2022
DOT price could find reason to rally now that cross-chain messaging on Polkadot brings new interoperability, liquid staking and options to mint aUSD stablecoin
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
6.5.2022
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point...
Georgia to Unveil New Cryptocurrency Law by This Fall
6.5.2022
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....
Gucci to Accept Crypto Payments in Retail Stores
6.5.2022
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly operated stores in North America to accept crypto by this summer. Gucci to Start Accepting Crypto...
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
5.5.2022
The total value locked on Vector Finance hit a new high after the protocol integrated multiple stablecoins in the Avalanche ecosystem in order to become the network's largest liquidity hub
El Salvador’s central bank accepts Qredo's registration to provide crypto services
5.5.2022
Registered Bitcoin service providers in El Salvador include Chivo, the firm behind the state-issued crypto wallets and kiosks, Paxos Trust Company, Paxful, and OpenNode