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Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes
17.3.2022
The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred...
Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
17.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
Mina Foundation Raises $92M to Accelerate Adoption of Zero-Knowledge Proofs
17.3.2022
The terms of the $92 million token sale were not disclosed but FTX Ventures and Three Arrows Capita led the effort
Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges
17.3.2022
Major crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.
The company is advancing a project to distribute crypto to every person on...
Ex-Regulator Tells US Senators That Crypto Can ‘Empower and Protect the Innocent’
17.3.2022
United States Senators will hear testimony today on crypto and its role in the world of crime – but a former senior regulator has warned that politicians coming down too hard on the crypto sector risked throwing out the baby with the bathwater.
The Senate’s Committee on Banking, Housing,...
DeFi to reach mass adoption via institutional participation, DEX founder says
17.3.2022
The DeFi industry must address scalability, liquidity and gas issues before serving more users, said Eric Chen, CEO and co-founder of Injective Labs
Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
'Millionaire' stablecoin wallet addresses surpass 12 million
16.3.2022
It appears the number of 'stablecoin millionaires' has been growing steadily throughout the year
Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
16.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
NFTs Coming to Instagram in ‘Several Months’ as Metaverse is 'Next Chapter of the Internet' - Zuckerberg
16.3.2022
Meta-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO Mark Zuckerberg. He also stressed the importance of the metaverse for his company....
Read More: NFTs Coming to Instagram...
South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
16.3.2022
South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title....
Read More: South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success
Russia Has 'All the Needed Resources' to Create Its Own Crypto Infrastructure, an MP Claims
15.3.2022
Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms.
Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that...
Bitcoin Worth $1.2B Leaves Coinbase in a Sign of Persistent Institutional Adoption
15.3.2022
A total of 31,130 bitcoin left Coinbase last week, the highest single-week outflow since 2017
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
China’s Digital Yuan App Gets Update as Police Deal with First-Ever CBDC ‘Fraud’ Case
15.3.2022
The central People’s Bank of China (PBoC) has added new functionality to its pilot digital yuan app – but it appears that some citizens are already trying to commit crimes using the new token, and have attempted to use it to launder money.
Per IT Home, the PBoC’s app, which debuted in 11 cities...
Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt
14.3.2022
El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.
The 10-year bonds, the government said it hopes, will be worth some USD 1bn, will be backed by taxpayer funds...
South Korea’s Next President Might Create Parity for Crypto and Stock Market Traders
12.3.2022
South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach....
Read More: South...
Stripe’s Support for Crypto is Back, NFT Support Launched As Well
11.3.2022
Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.
Stripe co-founder John Collison announced that:
“Stripe now supports crypto...
eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'
11.3.2022
The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made...
Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
10.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News