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Russia on the Verge of Legalizing Crypto Mining
6.12.2022
Russian lawmakers are inching closer to legalizing crypto mining – and could begin allowing industrial miners to operate as bona fide “entrepreneurs” as early as next month.
Anatoly Aksakov, the head of the State Duma’s Committee on the Financial Markets, last month claimed that a bill would...
Ledger Taps iPod Creator Tony Fadell for New Crypto Hardware Wallet
6.12.2022
The Ledger Stax is a stylish device that features an e-ink display that can show transaction details and even NFTs on its exterior
CEO of Crypto-Focused Bank Silvergate Addresses Insolvency Concerns – Here’s What He Said
6.12.2022
The CEO of the crypto-friendly bank Silvergate, Alan Lane, has addressed concerns that the bank could be near insolvency, saying the bank has “a resilient balance sheet and ample liquidity.”
The statement from the CEO was made in a public letter published on Monday, where Lane made it clear that...
Paraguay Votes Down Crypto Regulatory Bill in a Blow to Crypto Mining Industry
6.12.2022
The bill would cap how much the grid operator can charge bitcoin miners for electricity
First Mover Americas: Goldman to Spend Big on Crypto Post-FTX
6.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
ConsenSys to Update MetaMask Crypto Wallet in Response to Privacy Backlash
6.12.2022
ConsenSys clarified its data sharing practices and said it will rebuild MetaMaks’ settings page to address user concerns
UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto
6.12.2022
Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law
Coca-Cola collaborates with GMUNK & Crypto.com to create heatmaps from FIFA matches
6.12.2022
Piece of Magic NFTs will soon hit the market. Coca-Cola has announced that it is working to develop 10,000 unique non-fungible tokens in partnership with Crypto.com and GMUNK. All the NFTs will be inspired by the heatmaps of the tournament, which could include attacks, goals, and other...
Report: South African Digital-Only Bank Launches Crypto Payments Gateway
6.12.2022
A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway...
How to Save Assets After a Metamask Wallet Crash – KeychainX Expert Explains
6.12.2022
What if a Metamask wallet has crashed or become corrupted, and a user is afraid of losing all of their digital assets? To ensure that a lost crypto wallet is recovered successfully, users should read the advice of wallet recovery experts from KeychainX, the trusted service provider that specializes...
Cross-chain giants to watch closely in this next crypto cycle
6.12.2022
Innovation of Web3 technology continues to proliferate. During the last bull market (starting just before DeFi Summer 2020), a significant number of projects with novel applications emerged, receiving the attention of venture capital’s attention and wider community support. Technology...
Crypto Lender Nexo to Leave the USA After Discussions with Regulators Hit a Stalemate
6.12.2022
Major crypto lender Nexo will be leaving the United States over the next few months, as the company was unable to reach an agreement with the country's regulators.
In a blog post published on Monday, Nexo stated that it would be "phasing out its products and services in the United States in...
These Researchers Say Crypto Markets Will Grow to $1.5trn in 2023 – And Here’s Why
6.12.2022
South Korean experts have predicted that the crypto market’s capitalization will rise from around $800 billion to some $1.5 trillion next year. And they claim that “stabilizing” inflation figures “during the first half of next year” will whet investors’ appetites for Bitcoin (BTC) and other tokens....
UK crypto bill to restrict services from abroad: Report
6.12.2022
The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
6.12.2022
"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
6.12.2022
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
Balance your crypto portfolio with Filecoin (FIL), Hedera (HBAR), and BudBlockz (BLUNT)
6.12.2022
With increasing awareness and advancements within the blockchain industry, cryptocurrencies have become a preferred investment alternative for modern investors. However, the market’s volatility requires crypto investors to be cautious and make well-informed decisions. Due to increased competition...
Metallica issues crypto scam alert before the 72 Seasons album launch
6.12.2022
Cashing in on the buzz around Metallica’s new album launch and upcoming tour, scammers have started targeting metalheads through social media impersonation
Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report
6.12.2022
The investment bank sees a bigger need for trustworthy and established players in the crypto space