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Binance Singapore withdraws crypto license application
13.12.2021
Binance plans to “wind down” all services in Singapore by Feb. 13, 2022. Users are no longer allowed to deposit cryptocurrencies or fiat on the Binance.sg platform
Russia to Allow Foreign Residents to Own and Use Digital Ruble
13.12.2021
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...
Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals
13.12.2021
Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from financial authorities which raises ethical questions, according to the findings of a Korean lawmaker, quoted by local media. Former Financial Officials Hired by Major...
Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market
13.12.2021
Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the U.S. to embrace cryptocurrencies in 2022, with proper regulation and related bullish price implications,” he detailed. Noting that “Bitcoin...
ZK-rollups step into the limelight after the quest to scale Ethereum evolves
13.12.2021
ZK-rollups become the latest trending solution for scalability on the Ethereum network as developers strive to increase throughput capabilities while decreases transaction costs
We Live In Hell And This Ubisoft NFT That Requires You To Play 600+ Hours Of Ghost Recon Is Proof
12.12.2021
I’d like to go one weekend without having to write or think about NFTs, but apparently, we all live in Hell. I mean, how else do you explain a Ghost Recon NFT helmet that can only be acquired after playing the game for 600 hours? Read more
Peter Molyneux's Next Game Is A 'Blockchain Business Sim' Featuring NFTs Because The Future Sucks
12.12.2021
Have you been wondering what ol’ Peter Molyneux has been up to lately? Well, in a move that very few will find surprising, the infamous designer is jumping into the world of blockchain gaming and NFT bullshit. His next game, Legacy, is built entirely around the technology and “crypto gaming.”Read...
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
12.12.2021
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using...
Russia’s Federation Council to Set Up Working Group on Crypto Regulations
12.12.2021
The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members of the country’s expanding crypto industry, will join the body....
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
12.12.2021
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively
Indian prime minister Modi's hacked Twitter account attempts BTC scam
12.12.2021
Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
11.12.2021
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests...
Indian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy
11.12.2021
India’s Prime Minister Narendra Modi talked about cryptocurrency at a recent Summit for Democracy hosted by U.S. President Joe Biden. He called for global collaboration on cryptocurrencies “so that they are used to empower democracy, not to undermine it.” Prime Minister...
Fan token market cap surged over 60% since June: Data
11.12.2021
All fan tokens across Socios and Chiliz’s fan token ecosystem have sold for $250 million so far, founder and CEO said
Regulator Claims South Africa Set to Unveil Cryptocurrency Regulatory Framework in Early 2022
11.12.2021
In early 2022, South Africa will have a new regulatory framework that covers cryptocurrencies, a commissioner with a regulatory body has said. Highly Risky Products South Africa’s financial sector regulator, the Financial Sector Conduct Authority (FSCA) is set to unveil a new regulatory...
Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
11.12.2021
Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike
Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
11.12.2021
DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
10.12.2021
Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities
Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami
10.12.2021
So far, Martin has the support of both Cardano's founder Charles Hoskinson and Miami's District Commissioner Jeffrey Watson
South Africa's financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report
10.12.2021
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana