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ETH Decouples from BTC with Use Cases & Competition in Focus
6.9.2021
e, with less price correlation between cryptoassets being a likely result. However, ETH is also facing increasing competition.Writing in a market intelligence report just this weekend, Philip Gradwell, Chief Economist at on-chain analytics firm Chainalysis, noted that ETH is an asset that “is
Report: Nearly Half Of Paradox Staff Experience "Mistreatment"
6.9.2021
Swedish tech news site Breakit is reporting some grim news from within Swedish publisher Paradox. A leaked document, created by unions Unionen and Sveriges, suggests a discriminatory workplace at Paradox, where almost half of employees report they’ve experienced “abusive/incorrect treatment.”Read...
Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
5.9.2021
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional...
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
5.9.2021
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In...
NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report
4.9.2021
According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs)...
India Has New Plan to Regulate Cryptocurrencies: Report
4.9.2021
India is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases,” according to a report. How India Will...
Report: It Sure Sounds Like Game Boy Games Are Coming To Switch Online
3.9.2021
It’s no secret that Nintendo’s vast back catalog is among the most untapped troves in modern gaming. But soon, it’s about to be a little less untapped, as games from the Game Boy and Game Boy Color library are apparently slated to join Nintendo Switch Online, Eurogamer reports.Read more
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
3.9.2021
Non-farm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
UNI Drops on Report That SEC is Investigating Uniswap
3.9.2021
UNI took a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap.
The SEC is looking into Uniswap Labs as part of their deeper examination of the digital asset market, and its decentralized side...
Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals
2.9.2021
Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year alone, crypto addresses based in the region have sent the fraudulent schemes a staggering $815 million in crypto. Eastern Europe Leads by Volume...
Legalized Theft: Police Seize $87,000 From Former Marine but Don’t Charge Him With a Crime
2.9.2021
A recently published report that went viral across social media details how a former U.S. Marine, Stephen Lara, was pulled over by police and was suspected of being a drug trafficker. Police then searched Lara’s vehicle and subsequently took $87,000 in cash from a bag kept in Lara’s...
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
2.9.2021
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan....
Forex Report the Australian Dollar Holds Below 0.74
2.9.2021
The financial market is experiencing a mixed session for stocks, commodities, and currencies. Equities are currently in a short corrective dip with chances to make a comeback shortly. On the other hand, Shanghai and Nikkei are facing quick resistance at the current levels. Dow is treading under...
Biden Administration Pushes Global Crypto Data Sharing Rules in $3.5 Trillion Budget Bill: Report
1.9.2021
The Biden administration is reportedly pushing to include global crypto data sharing rules in the $3.5 trillion budget package. The Treasury wants crypto businesses to report information on foreign account holders “so that the U.S. can share information with global trading partners.”...
'Remarkable' on-chain metrics could spell Bitcoin, Ethereum bull market return — new report
31.8.2021
On-chain data is showing more and more similarities to mid and late 2020 — the springboard period for the Ethereum and Bitcoin bull market
Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist
31.8.2021
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be entering domestic forex markets. Target Attained...
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...