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Binance Survey: 73% of European Users Optimistic About Crypto’s Future
30.1.2024
A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst European crypto users, reflecting the growing interest...
Singapore Proposes Rules to Tighten Crypto Speculation in Retail Markets – Here’s the Latest
23.11.2023
Source: Pixabay / Sasin Tipchai The Monetary Authority of Singapore (MAS) has proposed revised guidelines to curb the growing rate of digital asset speculation in retail markets. In a recent publication, the Central Bank released amended regulations for digital payment token providers and related...
Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions
15.7.2023
Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem with Bank of America. Coinbase’s CEO Raises...
Robocallers have upped their scam game and they’re after your crypto
27.12.2022
Sophisticated malicious outfits are keeping up with current trends, turning their sights on crypto users following the bankruptcy of FTX
Nearly half of US adults say their crypto punts are worse than expected: Survey
24.8.2022
It's too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money
Report: Number of African Cryptocurrency Users up by Nearly 2,500%
22.3.2022
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining...
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
29.12.2021
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands...
Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token
29.9.2021
In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting...
US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year
2.9.2021
A crypto survey of U.S. consumers, commissioned by regulated crypto platform Bakkt, shows that nearly half of all respondents said they invested in cryptocurrencies during the first half of the year. Nearly Half of US Consumers Invested in Crypto During the Past 6 Months, Study Shows A survey...
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...
Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan
30.7.2021
U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step up tax enforcement around crypto assets. Taxing Crypto Transactions to Fund US Infrastructure Plan The White House announced Wednesday that President...
Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies
11.7.2021
The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such...
US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex
4.4.2021
The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins
15.12.2020
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s...
Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide
25.9.2020
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling...
These Debit Cards Will Help You Spend Your BCH Anywhere
2.10.2019
Cryptocurrencies like bitcoin cash are ideally suited to payments. While their popularity increases with growing awareness of the benefits of peer-to-peer electronic cash, mass adoption remains a long-term goal. In the meantime, some fintech products are helping to improve dramatically...