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Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows

19.9.2022
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets...

UK Financial Regulator Issues Warning Against FTX Crypto Exchange

19.9.2022
The UK's Financial Conduct Authority (FCA) has issue a warning to consumers not to conduct any business with the FTX crypto exchange. In a statement first issued on 16 September, the FCA states that "This firm is not authorised by us and is targeting people in the UK." The regulator issues...

J-pop to Go Crypto with IEO-funded Idol Group to Debut in 2023

19.9.2022
J-pop is ready to take the crypto plunge, with Japan’s biggest pop producer set to debut a new “idol group” (a boy band or girlgroup) in the metaverse – a project that will be funded through an initial exchange offering (IEO). In a press release, a Japanese crypto-pop crossover project named...

Crypto Prices Are Crashing Because of What’s Coming on Wednesday

19.9.2022
The week is off with bulk of the cryptocurrency market trading in the red, which is largely attributed to the upcoming rate hike announcement from the U.S. Federal Reserve Bank.  According to a report by Yahoo Finance, Fed officials are expected to deliver a third-straight 75-basis-point increase...

Market Concerns Cause Crypto Market Cap to Fall Below $950 Billion

19.9.2022
Digital currency is in the freefall condition as the market trends with a bearish tone, especially past 24 hours which have shown unexpected signs. The overall crypto market cap goes below the mark of $950 billion. Every cryptocurrency is aimlessly riding the bear despite holders hoping to recover...

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....

Working Group to Develop Efficiency Standard for Crypto Mining in Russia

19.9.2022
Crypto industry experts have formed a working group to draft a standard for energy-efficient and profitable cryptocurrency mining in Russia. The rules will aim to help developers and data center operators offer investors increased hardware uptime. Russia Prepares to Improve Efficiency of Mining...

Top 5 Coins that Pay Crypto Dividends

19.9.2022
In the traditional sense, a dividend is a distribution of profits from a company's stock or debt to its shareholders. Now, you may wonder, can cryptocurrencies then pay dividends? Surprisingly, the same concept also exists in the global crypto asset markets.   Read on to learn more about crypto...

Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups

19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...

Number of Youtube Crypto Stream Scams and Fake Domains Explodes in H1 2022

19.9.2022
A report issued by Group-IB, a Singaporean cybersecurity company, has found that the number of cryptocurrency scams that use fake domains has exploded during the first half of 2022. The number of these domains has grown fivefold, and most of these campaigns, though registered with Russian...

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