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India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
19.11.2021
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only...
NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’
18.11.2021
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market...
How low will Bitcoin dip? | Find out now on The Market Report w/ Michael Kong
18.11.2021
“The Market Report” with Cointelegraph is live right now with special guest Michael Kong, CEO and chief information officer of Fantom Foundation
Bank of Russia plans to take fees for CBDC transactions: Report
18.11.2021
The Bank of Russia views CBDC as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions
Nvidia’s Q3 report reveals sharp decline in crypto mining chip sales
18.11.2021
Nvidia's crypto mining product line sales are expected to decline to “very negligible” in the fourth quarter
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
17.11.2021
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms...
India To Define Crypto As Asset, Ban Payments, and Ads - Report
17.11.2021
Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...
Report: Activision's Bobby Kotick Didn't Just Know, He Also Mistreated Women
16.11.2021
Activision Blizzard CEO Bobby Kotick claimed to be in the dark about widespread allegations of sexual harassment and discrimination that surfaced at the company earlier this year, but according to a new bombshell report by The Wall Street Journal, Kotick wasn’t just aware of the misconduct, he...
Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...
Cryptowisser: 79 Crypto Exchanges Dead in 2021 – Even More Than in 2020
16.11.2021
PRESS RELEASE. November 2021, leading Crypto service comparison site – Cryptowisser, announces its annual Crypto exchange graveyard. The list serves as the only existing extensive database for “dead” cryptocurrency exchanges. Over the last year many exchanges have been victim...
Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies
15.11.2021
The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is...
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
15.11.2021
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop,...
South African Fintech Raises $120 Million in Funding Round Led by Fidelity
14.11.2021
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
13.11.2021
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges...
South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised
13.11.2021
A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw their funds as promised. Token Sale Attracts Over 2,000 Applicants According to an IOL report, the investors...
Report suggests BlackRock has 'no current plans' to launch crypto ETF as deadline for VanEck's offering approaches
12.11.2021
Senior ETF analyst at Bloomberg Eric Balchunas said he gave the odds of the SEC approving the VanEck fund at less than 1%
Two firms account for the majority of Tether received: Report
12.11.2021
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Former Binance execs say exchange is worth $300B: report
11.11.2021
Though the exchange's holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world