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FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency
9.3.2022
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns...
Fuse Network Is Now Supported by Multifarm Yield Farming Aggregator
8.3.2022
Fuse Network has now been introduced to Multifarm’s list of chains to monitor. Users can use Multifarm to make comparisons of yields on over 1000 DeFi protocols all over 25 chains in order to select the optimal opportunities. Thousands of decentralized finance applications compete...
Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments
8.3.2022
Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero fees for depositing EUR via SEPA and GBP via FPS to “celebrate the return of SEPA...
Exnetwork and Omniflix Network Collaborate to Create a P2P Network
7.3.2022
Omniflix Network was formerly known as FreeFlix Media Network. It is a P2P media network that focuses on creators and communities. Omniflix Network functions with the objective to enable creators and communities to create, distribute, and monetize their media assets. The network ensures that every...
KyberSwap DEX launches on later two network Arbitrum
7.3.2022
The decentralized exchange has moved onto Arbitrum to help users get around Ethereum network congestion and expensive gas fees
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
5.3.2022
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum...
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
4.3.2022
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto...
Cointelegraph partners with Nitro Network to bring digital mining and decentralized internet to the masses
4.3.2022
What happens when you combine NFTs with a revolutionary Web3 company? You get the future of the decentralized internet
GAIMIN Poised for Significant Growth and Technology Advancement in 2022
4.3.2022
March 6th sees GAIMIN enter its fifth and most exciting year: GAIMIN’s distributed data processing application which rewards users for participation in the network will be launched in April 2022. GAIMIN’s Minecraft plugin is delivering blockchain and NFT functionality to the Minecraft...
LUNA flips Ethereum becoming second largest network for staked value
4.3.2022
Data shows that there are currently 226,325 stakers accounting for $29.5 billion worth of locked up LUNA which has propelled the network into second place for staked value
1inch Network adds a P2P feature to facilitate secure crypto swaps
3.3.2022
Users can now make a swap of any token on 1inch supported chains without intermediaries
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
3.3.2022
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the bank’s deputy governor has said. The Investigation Phase The deputy governor of the Rwandan...
Web3 gaming in the third world; Axie facilitating billions
2.3.2022
Following quantitative data of Axie Infinity generating billions of dollars in transactional volume, we speak to experts from the blockchain gaming space about the morality of P2E, as well as alternate, more consumer-conscious models
'The People's Network' Is Growing Fast, but Would-Be Miners Are Getting Left Behind
2.3.2022
The Helium Network – a decentralized telecommunications network powered by crypto – is growing fast, but not everyone has been able to participate in the financial upside
Payments Giant FIS Worldpay Joins Shyft’s Crypto Compliance Network
2.3.2022
It’s the second large, non-crypto firm to join Shyft, following law firm DLA Piper last month
South African Mobile Network Operator MTN Buys Land in the Metaverse
2.3.2022
Mobile network operator MTN recently staked claim to its status as one of the first South African companies to enter the metaverse, after it purchased 144 plots of digital land in the virtual world Ubuntuland for an undisclosed amount. MTN Seeks to ‘Amplify Consumers’ Digital...
Revault Network Will Use Orbs 3.0 to Power Its DeFi Application
2.3.2022
Revault Network and Orbs announced a collaboration to improve the Revault protocol using Orbs Layer-3 (L3) architecture. Revault will use the functionality of Orbs 3.0 to decentralize the procedure of its protocol’s tools and features, which are presently centralized. The Orbs public...
Ethereum Beacon Chain Surpasses 300K Validators, Over $28 Billion in Ether Deposits Locked
1.3.2022
The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark...
These Coins Have Moved the Most Since the Ukraine War Started
1.3.2022
Financial markets have been in turmoil ever since the war in Ukraine broke out, and the crypto market is no exception. To help readers navigate the space, Cryptonews.com has looked into the coins that have so far seen the biggest gains, as well as those that have seen the biggest losses....
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stc Bahrain to Bring Validated Data as It Joins Chainlink Network
1.3.2022
stc Bahrain is known to focus on next-generation technology. Its list of innovations is quite vast. One move that validates this statement is its recent announcement where stc Bahrain stated that it was now live with its own node on the Chainlink Network. The node has gone live on the Ethereum...