IRS Says It Is Fighting ‘Mountains’ of Crypto & NFT ‘Fraud’ and Celebrity Shills
27.1.2022
The United States tax body, the Internal Revenue Service (IRS), says it believes the crypto and non-fungible token (NFT) space is beset with “fraud” – and has warned that celebrities promoting crypto on social media could face probes....
Read More: IRS Says It Is Fighting ‘Mountains’ of Crypto...
DOGE Soars Massively After Elon Musk Urges McDonald’s to Accept Dogecoin
27.1.2022
McDonald’s once expressed its interest in becoming a part of the Dogecoin community. It has been urged to accept DOGE since that time. Everything started when Billy Markus, a co-founder of Dogecoin, requested a fry from the fast-food chain and got a picture of Shiba Inu in response. The picture...
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
27.1.2022
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon,...
Silvergate Bank Reportedly Aims to Buy Diem's Intellectual Property for USD 200M
27.1.2022
American chartered bank Silvergate reportedly aims to purchase Diem's intellectual property for USD 200m, The Wall Street Journal reported, citing people familiar with the matter.
The Diem Association (previously known as Libra Association) is a Meta-led project that initially aimed to create...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
27.1.2022
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity....
Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native Marketplace
27.1.2022
PRESS RELEASE. Not too long ago, Dvision Network had successfully initiated their LAND sale, and now it is time for the second sale to commence as the first month of 2022 nears its end. On January 27th, 11:00 AM UTC, the Polygon Ecosystem will witness the Dvision’s second LAND Sale...
Reddit is testing out NFT profile pics but ‘no decisions have been made’
27.1.2022
Reddit is following Twitter’s footsteps to join the NFT bandwagon as it explores ways to add NFT profile pictures
Grand PUSH Giveaway by WazirX
27.1.2022
Wazirx and EPNS (Ethereum Push Notification Service) have come together to host multiple activities and generous giveaways for you. Join our platform to celebrate these activities and participate in the grand PUSH giveaway worth $25,500. EPNS or Ethereum Push Notification Service is developing...
MetaMask's new inbuilt multi-chain institutional custody feature
27.1.2022
MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.”
ETH to hit $20 trillion market cap by 2030: Ark Invest
27.1.2022
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi
Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators
27.1.2022
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention...
Bitcoin and Ethereum Extend Post-Fed Decline, Altcoins Trim Gains
27.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.
Similarly, most major altcoins...