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Sberbank to Conduct First Digital Asset Transaction on Own Platform
19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...
Ukraine Joins European Blockchain Partnership as Observer
19.6.2022
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations. Ukraine Advances Toward...
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
19.6.2022
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means...
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
19.6.2022
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects
What is a bear trap in trading and how to avoid it?
19.6.2022
Intended to convince market participants of a price correction, bear traps are orchestrated by entities with large holdings to make quick profits
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise
18.6.2022
Bitcoin haters are ready to read its obituary, but on-chain data and other indicators suggest the current price range could be a good buy zone
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
18.6.2022
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return develop the digital infrastructure at the oil producer’s wells in Russia. Crypto Mining...
What is an Iceberg order and how to use it?
18.6.2022
What is an iceberg order and how to use it? Avoid major changes in the crypto market by using reverse orders
Belgian Banking Group KBC Creates Blockchain-Based Coin
18.6.2022
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
18.6.2022
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
18.6.2022
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time...
5 indicators traders can use to know when a crypto bear market is ending
17.6.2022
Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
17.6.2022
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that established broad new requirements for trading platforms
Sweeping layoffs, hiring, and firing as crypto prices take a massive downturn
17.6.2022
Brutal economic conditions coupled with dramatically falling crypto prices have led to massive layoffs within the blockchain industry
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
17.6.2022
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled....
Russia seems to be preparing to mine Bitcoin with flare gas
17.6.2022
One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
17.6.2022
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow...
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
17.6.2022
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together
Tether's USDT market cap dips below $70B for an 8-month low
17.6.2022
Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been notably growing, with the market value surging to $55 billion