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Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency

16.1.2022
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives...

Over 20,000 Bitcoin ATMs Installed in a Year

30.12.2021
The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available...

Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia

24.12.2021
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation. Working Group Gathers at State Duma to Draft Crypto...

Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals

21.12.2021
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...

Digital Ruble Should Not Boost Inflation, Bank of Russia Says

17.11.2021
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project....

Valkyrie Will Launch On-Chain Defi Fund Next Week

17.11.2021
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield...

Forza Horizon 5 Players Are Making Easy Bank With AFK Exploit

15.11.2021
Forza Horizon 5 has a ton of cars, and the most impressive ones all cost a ton of money, so players have been eagerly looking for the fastest ways to grind for credits and XP. The answer? A course called Goliath, which players can complete without ever touching their controller.Read more

Put Away the Ethereum ‘Knives,’ We Come in Peace – Solana Co-founder

12.11.2021
Not everyone in crypto is at each other’s throats. And while the rivalry between advocates of competing protocols is real, not all up-and-coming altcoin pioneers say they want to be known as Ethereum (ETH) “killers” – particularly one of the masterminds behind Solana (SOL).... Read More: Put Away...

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