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Russia Blocks Cryptocurrency Websites Ahead of Regulation


Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...

The Most Confusing Crypto Terms and What Can Be Done to Clarify Them


Cryptocurrency is a domain of jargon. ‘Blockchains,’ ‘full nodes,’ ‘miners,’ ‘nonces,’ ‘side-chains’: these are only a few of the terms in crypto that are known to cause confusion and disagreement. Not only does the ambiguity of vocab undermine the ability of people within crypto to communicate...

Asia Dominates Crypto, But Here’s Why That Could Soon Change


The crypto world’s center of gravity is Asia. Big crypto-exchanges and companies operate in Europe and North America, but the majority of users are located in the Asia Pacific region, as are most of the world’s biggest exchanges and mining pools. There are many reasons why this is the case....

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly


One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...

Highs, Lows, Flipping, Bridging and 20 Crypto Jokes


This week in the Cryptoverse, bitcoin mining difficulty hit a new all-time high and rose further, RyanAir CEO said to avoid bitcoin like a plague, deVere Group CEO said that 2020 was a breakout year for bitcoin, and Snappa joined the group of companies diversifying their cash holdings into bitcoin....

Russian Lawyers Debate Legality of Crypto Firm Selling Drinks for BTC


An event organizer in Moscow recently sold over USD 1,600 worth of drinks in bitcoin (BTC) to attendees – but experts are divided when it comes to answering the question: was it legal? The event was the brainchild of a crypto startup named Chatex, but per RBC, it has courted controversy. A recently...

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