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Bitcoin and Ethereum Target Additional Gains, Altcoins Rally
27.12.2021
Bitcoin price corrected lower from the USD 51,500 zone. BTC tested the USD 50,000 zone and is currently (04:56 UTC) trading around USD 51,000 again. A clear move above USD 51,500 may possibly push the price towards the USD 53,000 level.
Similarly, most major altcoins are also rising. ETH could...
Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’
27.12.2021
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious...
Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’
27.12.2021
In addition to BTC price hitting $100,000, analysts expect the crypto market to pivot toward “cost efficiency” and “agility” in 2022
Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns
27.12.2021
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,”...
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
26.12.2021
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort...
7 NFL players that chose crypto over cash salaries
26.12.2021
At least seven NFL pro athletes are now turning to crypto to help bolster their bottom line and ensure they have enough wealth after their pro careers come to an end
Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance
26.12.2021
Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as...
Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings
26.12.2021
Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking....
Crypto mainstream adoption: Is it here already? Experts Answer, Part 3
26.12.2021
What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going?
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds
26.12.2021
Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors....
What You Can Create With a Small Piece of Land in the Metaverse
26.12.2021
Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want...
Creator of App for Remittances to Africa and Asia Raises $65 Million in Series B Round
26.12.2021
Tap Send, the creator of a remittances app of the same name, revealed it has raised $65 million in a Series B funding round. The fintech firm plans to use the funds to build a cheaper and faster cross-border money transfer platform. Remittances to Overlooked Countries The fintech startup behind...
Indian police commissioner issues a public warning against crypto frauds
26.12.2021
On behalf of the Hyderabad City Police, Addl. Commissioner Shikha Goel asked Indian citizens to invest in crypto only through reputed and long-established players in this field
Bitcoin slips under $50K amid warning 'new player' Binance whale is pressuring BTC price
26.12.2021
What appears to be a "new player" starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls
UST Gets Listed on Binance and Huobi, Propelling Terra to $100
26.12.2021
UST, the main stablecoin of the Terra project, is being integrated into Binance and Huobi, two leading exchanges by trading volume, expanding the options that users have to trade the stablecoin. After these announcements, The price of LUNA, the governance asset of the Terra project, broke...
Serbia Reviews License Applications From 3 Cryptocurrency Exchanges
26.12.2021
Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto...
Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira
26.12.2021
Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees...
Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...
Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions
25.12.2021
While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make...