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Number of unique BAYC buyers plunged in August to second-lowest on record
7.9.2022
Only 263 unique buyers purchased a piece of the popular NFT collection
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
7.9.2022
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%....
ETC Group launches crypto ETP based on PoW Ethereum hard fork
7.9.2022
ETC Group will continue to rely on Ethereum’s original PoW consensus for its current Ethereum ETP, the firm announced on Wednesday
Blockchain and crypto find use case in community powered weather forecasting
7.9.2022
WeatherXM has deployed over 700 decentralized weather stations around the world to harvest local data, which provides station owners with utility tokens in return
Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
El Salvador celebrates Bitcoin anniversary: A year of ups and downs
7.9.2022
El Salvador’s first Bitcoin anniversary comes amid BTC losing over 60% of value in one year, but that doesn't really mean that the country’s Bitcoin experiment has failed
Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US
7.9.2022
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who...
Brazilian Tax Authority Registers Record Number of Cryptocurrency Statements
7.9.2022
The Brazilian tax authority (RFB) has revealed its numbers corresponding to the month of July regarding cryptocurrency statements. More than one million Brazilians have declared cryptocurrencies in the month, which constitutes a record in statements for the organization. Also, there was a rise...
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
Trademark applications for crypto, NFTs, and metaverse surge in 2022: Report
6.9.2022
Data from March reportedly showed the largest number of U.S. trademark filings in 2022, with 1,078 for NFTs, 604 for cryptocurrencies, and 759 for the metaverse
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
6.9.2022
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021
PraSaga awarded U.S. patent for placing computer operating system onto the blockchain
6.9.2022
The patent protects claims for processing non-singular message passage transactions on the blockchain
Hive Blockchain explores new mineable coins ahead of Ethereum merge
6.9.2022
Hive's Ethereum mining operations have historically generated three to four times more revenue per megawatt than Bitcoin mining, the firm said
Circle co-founder says converged dollar books on Binance would be good for USDC
6.9.2022
The world's largest crypto exchange announced yesterday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
Report: Saudi Arabia’s Central Bank Hires Virtual Assets and Digital Currency Program Lead
6.9.2022
The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates (UAE) as the regional crypto hub is believed to have forced authorities in Saudi Arabia to consider...
Crypto investment product firm 21.co raises $25M to reach $2B valuation
6.9.2022
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters
What New UK Prime Minister Liz Truss Says About Cryptocurrencies
6.9.2022
Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.” Truss beat former Chancellor of the Exchequer Rishi Sunak, who had a plan to make the U.K. a crypto-friendly nation. Liz Truss...
Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge
5.9.2022
The exchange also announced plans to remove $USDC as a tradeable asset from its platform
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
5.9.2022
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets