Former Binance Execs Create $100M Fund to Spur Crypto Adoption in Emerging Markets: Report
26.5.2022
A group of former executives of cryptocurrency exchange Binance have created a $100 million venture fund with a focus on the metaverse and bringing greater crypto adoption to Latin America and Africa
Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment
26.5.2022
Choppy trading in broader markets failed to temper a gradual dip in major cryptocurrencies, with some sliding as much as 8% in the past 24 hours
Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill
26.5.2022
Portugal’s status as a crypto tax haven remains in serious doubt – despite the defeat of two bills calling for the rollout of taxes....
Read More: Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill
U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
26.5.2022
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling
Ethereum Beacon Chain Experienced a 7-block Reorg, More Work Needed Ahead of The Merge
26.5.2022
The Beacon Chain, which will introduce proof-of-stake (PoS) to Ethereum (ETH), experienced a seven-block reorganization (reorg) on Wednesday.
A reorg can happen either through a malicious attack from a miner with high resources or simply through network failure, such as a bug, temporarily...
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
26.5.2022
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...
Injective partners with Wormhole to bring 10 new blockchains to the platform
26.5.2022
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated
InsurAce says it will pay millions to claimants after Terra's collapse
26.5.2022
DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants
World Bank won’t support Central African Republic’s Sango crypto hub
26.5.2022
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin
Bitcoin and Ethereum Struggle to Clear Key Hurdles, CELO and SAND Rally
26.5.2022
Bitcoin price traded in a range and remained strong above the USD 28,500 support zone. BTC attempted a close above USD 30,000 but struggled. It is currently (04:04 UTC) trading near USD 29,900 and is down 1% in a day and up almost 4% in a week.
Similarly, most major altcoins are trading below...
ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
26.5.2022
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate...
Ethereum Beacon Chain experiences 7 block reorg: What's going on?
26.5.2022
“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon