SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
16.9.2022
The guidance suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks
Ethereum PoW Network Sees Complaints on Day 1 Amid Data Goof-Up
16.9.2022
Users said they weren't able to access the blockchain's servers using the publicized information, and attempts to link it to a crypto wallet failed
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16.9.2022
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Russian Central Bank Wants to Hire a Crypto Specialist
16.9.2022
Russia’s Central Bank has announced that it wants to hire a “cryptocurrency” expert – a massive turnaround for the bank, which earlier this year proposed a blanket ban on all things crypto-related.
In a post on the Russian job search platform Headhunter (HH), the Central Bank wrote that it...
El Salvador's Debt Rating Cut to CC at Fitch
16.9.2022
Ratings company Fitch downgraded El Salvador's long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repayment due January
Nitro to Build an L2 for Solana to Combine With Cosmos and IBC
16.9.2022
Nitro recently announced building a Layer 2 for the Solana network. This will be the first Solana scaling solution, connecting it to IBC and Cosmos. The announcement was done through Twitter, where Nitro released a thread of tweets to explain the development. The scaling solution will help Solana...
If This is a Netscape Moment for Web3 What Does that’s mean for Ethereum?
16.9.2022
Ethereum completed its long-anticipated Merge on Thursday without any hiccups as the protocol switched from a Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism.
The move instantly reduced Ethereum's energy consumption by 99.9% and is the first major step to eventually making...
Coinbase Japan Almost Doubles the Number of Tokens it Lists
16.9.2022
The crypto exchange Coinbase Japan has almost doubled the number of tokens it lists on its platform, taking the total of coins listed from six to 11 – a suggestion that Japanese exchanges could start significantly expanding the number of tokens they handle.
On Twitter, the exchange’s Japanese...
Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
16.9.2022
The White House and federal agencies, including the U.S. Treasury Department, laid out in greater detail what they see as concerns around digital assets, as well as possible benefits, but specific regulations are still yet to come
Web3 Galaxy’s First Flagship Expedition Set at Dubai’s Landmark Spot During Crypto Month
16.9.2022
Landed in Dubai, Get Ready for an Unprecedented Expedition Web3 Galaxy aims to shine during the crypto month in Dubai and has announced the premiere of their Web3 Flagship Expedition in Dubai on October 17-18, 2022. The event is set to be held in the iconic place Jumeirah Beach Hotel for 2 exciting...
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
16.9.2022
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down
Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay
16.9.2022
Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians...