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Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
26.9.2022
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial...
First Product From Finity Touch’s Future Ecosystem Officially Launched
26.9.2022
PRESS RELEASE. Finity Touch will surprise the crypto community with its unique features and an already large but growing ecosystem. The team of Finity Touch is happy to present Finity Skills. Finity Skills is the first product of the Finity Touch Ecosystem, which will be available in October 2022....
Reversible transactions could mitigate crypto theft — Researchers
26.9.2022
The proposal puts forward an “opt-in” token standard that would enable victims to report theft to a governance contract, with algorithms helping to identify and freeze ill-gotten gains
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle
26.9.2022
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research...
'Grotesquely overpriced' — Apple's App Store wants 30% cut on NFT sales
26.9.2022
While the commission is standard for Apple, some have expressed their displeasure at the company's “grotesquely overpriced” cut of sales
California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’
26.9.2022
California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto in California Vetoed...
US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records
26.9.2022
The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party...
1M Aussies will enter crypto over the next 12 months — Swyftx survey
26.9.2022
The findings come from the Annual Australian Crypto Survey, commissioned by Australian crypto exchange Swyftx
4 NFTs Stolen From Crypto Entrepreneur Jason Falovitch Worth $150k
26.9.2022
With hackers continuing to target prominent non-fungible token (NFT) owners, four NFTs estimated to be worth at least $150,000 were stolen from crypto entrepreneur Jason Falovitch, the co-founder of Leverage Game Media and business partner of billionaire Mark Cuban.
“I got hacked last night...
Jihan Wu-Backed Crypto Miner Bitdeer Acquires ‘Singapore’s Fort Knox’ for $28.4 Million
26.9.2022
Sources have disclosed that the digital currency mining operation, Bitdeer Technologies, has purchased a high-security storage and display facility in Singapore called Le Freeport for $28.4 million. Bitdeer’s chairman, Jihan Wu, confirmed the vault acquisition via a text message following...
Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains
25.9.2022
The day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore...
How Crypto Sectors Are Trading Through the Dollar Strength 'Tsunami'
25.9.2022
Not all cryptocurrencies are the same; how they react to a world with inflation and higher interest rates greatly depends on what sector they are in
Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry
25.9.2022
The crypto industry has scored a win with California Governor Gavin Newsom vetoing a bill that would establish a licensing and regulatory framework for digital assets....
Read More: Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry
Estonia Issues First License to Crypto Service Provider Under New Regulation
25.9.2022
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that entered into force in March. “Striga Technology OÜ is the first entrepreneur, who is authorized for the first time to provide...
What is scalping in crypto, and how does scalp trading work?
25.9.2022
Scalping focuses on making money off of slight price swings. Crypto scalpers use this method to reap quick gains from reselling assets
Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million
25.9.2022
PRESS RELEASE. SINGAPORE — 25th September 2022 — TOKEN2049, Asia’s premier crypto conference, announced that it will be showcasing a first-of-its-kind, immersive NFT experience, entitled the OP3N WHALE NFT Exhibition, at its upcoming Singapore edition from 28 to 29 September....
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review
25.9.2022
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantum world is getting closer, and vulnerable cryptography will need to be protected. Amidst red...
California Gov. Newsom vetoes crypto licensing and regulatory framework
25.9.2022
Opposing Assembly Bill 2269, Newsom recommended a “more flexible approach” that would evolve over time while considering the safety of consumers and related costs
Russia Starts Developing Mechanism for International Crypto Payments
25.9.2022
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....
Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand
25.9.2022
The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS,...