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ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
16.7.2022
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide...
Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked
16.7.2022
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification...
Powerwash Simulator Devs Warn Xbox Players: Do Not Look At The Sun
15.7.2022
Video games are hard to make. These weird, complex pieces of intricate interactive software take years to make and can sometimes break in very weird ways. For example, players of Powerwash Simulator on Xbox noticed the game started crashing a lot when they’d hop online with others. And while...
56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey
15.7.2022
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027
CeFi Broke. But DeFi Is Not Without Blame
15.7.2022
Amid the bear market, the crypto/blockchain industry needs to demonstrate socially-useful use-cases. The dysfunctional energy system is a good place to make a mark, says CoinDesk's chief content officer
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live
15.7.2022
ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin was well above $20,000 on Friday, as bulls returned to the crypto market following several days of consolidation. BTC was up by over 5% in today’s session, with ETH not only back into the $1,100 region...
Robert Kiyosaki Says in Cash Position Waiting to Buy Bitcoin — Asset Prices Are Crashing, ‘Greatest Sale on Earth’ Incoming
15.7.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has advised investors not to miss “the greatest sale on earth.” He said asset prices are crashing and indicated that he is waiting in cash position to pick up bargains, including bitcoin. Robert Kiyosaki...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
14.7.2022
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins....
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible
13.7.2022
As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptocurrencies at their core were not designed to fit into traditional financial systems, after all, that’s...
Bitcoin not a currency? South Africa to regulate crypto as financial asset
13.7.2022
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months
In Praise of Shadows
12.7.2022
Our dear friend Robin has a new essay called In Praise of Shadows. Now, before you hop over there looking for nuggets on CSS box shadows, text shadows, and shadow filters… this is not that. It’s an essay …
In Praise of Shadows originally published on CSS-Tricks. You should...
Capitulation ongoing but markets not at the bottom yet: Glassnode
12.7.2022
While many indicators suggest that the market bottom may be close, time will be the ultimate determinant, according to a new report from Glassnode
Bets.io
11.7.2022
Bets.io is not just a gambling platform that accepts cryptocurrency, but it is one of the best gambling sites on which deposits and withdrawals are made exclusively with digital coins. You are however benefited here, as the crypto payments are … Continued
The post Bets.io appeared first...
Court Grants Three Arrows Creditors Emergency Hearing as Founders Accused of Not Cooperating With Liquidation Proceeding
11.7.2022
Three Arrows Capital’s Su Zhu and Kyle Davies are said not to be cooperating as fears mount that the fund’s remaining assets could be “transferred or otherwise disposed of” before creditors get their share
Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific Bank for BTC if Regulators Let Him
11.7.2022
Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for being under-capitalized,” the bitcoin skeptic said. Peter Schiff Says He’s Willing...
The Coming Recession is Going to Hit Crypto, but Not as Hard as You Think
10.7.2022
If a recession isn’t here already, many economists estimate that it is coming very soon. The largest in the world, the US economy contracted by 1.6% in the first quarter of the year, and even if it somehow doesn’t contract in the second quarter, a growing number of economists are predicting...
Believe it or not, metaverse land can be scarce after all
10.7.2022
The metaverse may be endless, but we are not there yet — and in today’s siloed metaverse market, digital land scarcity is very much a thing
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner
10.7.2022
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still...
Not all investments lose value equally: A recovery period for digital assets
9.7.2022
With Bitcoin’s impressive recovery characteristic, could having it and other digital assets in an investment portfolio speed up the recovery time of the entire portfolio?