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Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet
30.8.2021
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics...
Report: Yakuza Creator Toshihiro Nagoshi Leaving Sega To Join NetEase
30.8.2021
Veteran developer Toshihiro Nagoshi, of Sega Rally, Monkey Ball and Yakuza fame, is in the final stages of negotiating a contract to leave Sega and join Chinese company NetEase, according to a report on Bloomberg.Read more
What Do NFT Projects do With Ethereum They Get - Report
27.8.2021
The majority of ethereum (ETH) from primary non-fungible token (NFT) sales, at 52.3%, continues to circulate among non-entity wallets, while a notable amount of revenue from primary sales is reinvested into NFTs, according to a recent analysis by blockchain analytics platform Nansen.
Entity wallets...
BTC price rejected at $50K; ADA bulls take a breather: Cointelegraph’s The Market Report is now live
26.8.2021
The Market Report with Cointelegraph kicked off at 16:00 UTC on Thursday. Find out what our analysts think about the BTC bull market and where we could be headed in the short- to medium-term
CryptoPunks Whales Stick to Larva Labs, Have Highest NFT Market Cap - Report
26.8.2021
CryptoPunks, digital collectibles created by Larva Labs, have a high 'whale' concentration share, with 10 wallets owing 1,410 digital assets, but the collection’s robust market capitalization of USD 3.1bn makes it less prone to manipulation, according to a report released by data aggregator...
Crypto soars to account for 73% of trading commissions on eToro in Q2
26.8.2021
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions
Recovering Hash Rate, Improving Metrics Indicate Market Rebound - Report
25.8.2021
The recovering hash rate indicates that some mining operations are beginning to return online in new locations outside of China, and the worst of the crackdown could be over, according to a recent analysis by crypto financial intelligence provider CoinMetrics.
With mining operations moving out...
Philippines Tax Agency Targets Axie Infinity Players — ‘It’s Taxable, Subject to Income Tax’
25.8.2021
According to a regional report, the Philippines Bureau of Internal Revenue (BIR) is focusing on the blockchain-powered game Axie Infinity over tax concerns. Finance Undersecretary Antonette Tionko explained to the press that BIR is looking into methods aimed at capturing Axie Infinity players...
DeFi Adoption Driven By Seasoned Traders, Investors From High-Income Countries - Report
25.8.2021
Decentralized finance (DeFi) adoption has been primarily driven by experienced cryptocurrency traders and investors which explains why its adoption is more visible in high-income countries which benefit from established cryptocurrency user bases, according to a recent report by blockchain analysis...
Australians lost over $25 million to bogus crypto investments: Report
24.8.2021
Bitcoin-related investment scams have already exceeded $18.5 million, an increase of 44% compared to the total loss of nearly $12.8 million in 2020
Report: Unity Employees Not Thrilled Their Work Is Supporting The Military
23.8.2021
You probably know Unity as a popular game engine, but Unity Technologies, the company behind the tool, doesn’t just make money from aspiring and established game developers. It also contracts work with various entities outside of gaming, including the government and, crucially, the Department...
Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report
20.8.2021
Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...
Blockchain Gaming 'May be Key to Mass Adoption', Outpacing DeFi, NFTs - Report
20.8.2021
Play-to-earn games have become more than relevant for the blockchain industry, with the number of users increasing exponentially, according to a recent report released by the Blockchain Game Alliance (BGA) and dapp information provider DappRadar. They may be the key to reaching mass adoption, while...
Putin Tells Russian Gov’t to Create a Crypto Holdings Reporting System
19.8.2021
Vladimir Putin. Source: a video screenshot, Youtube, TASS
The Russian President Vladimir Putin has ordered his government and the Central Bank to prepare a system that will force individuals to declare their crypto holdings.
Per INC-News, Putin has told the bank chiefs, as well as the Ministry...
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
19.8.2021
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio....
Institutional Players May Dominate Bitcoin Trading Within 3 Years - Report
19.8.2021
Institutional players could dominate bitcoin (BTC) trading in the near future, as surveyed institutions expect asset managers, funds, and banks to be the most significant contributors to trading volume in the next three years, according to a report released by digital asset research firm Arcane...
Crypto Sector World’s 3rd Industry in Phishing Attacks Growth - Report
18.8.2021
Phishing activities continue to intensify across the world, with their volume for the second quarter of 2021 outpacing the same period last year by 22%. Cryptocurrency increasingly finds itself in attackers’ sight, with a tenfold increase in attacks on exchanges, according to a recent report...
Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2
18.8.2021
Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8 million loss as he emphasized the importance of digital asset adoption
Fidelity’s crypto ambitions are bigger than expected: report
17.8.2021
Fidelity says that 90% of its biggest clients are interested in accessing Bitcoin and other cryptocurrencies. The firm is now planning to open up the digital asset space to retail investors
Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report
17.8.2021
The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell...