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Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says
24.7.2022
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not...
Argentinian Government Excludes Crypto Investors From Buying Dollars
24.7.2022
The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...
Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’
24.7.2022
According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send...
Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities
24.7.2022
Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End...
Not just Bitcoin price: Factors affecting BTC miner profitability
23.7.2022
As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business?
It’s Not Too Late to Join CoinDesk and CRADL’s Web3athon
22.7.2022
Teams are still looking for members. Join a team and submit your project idea by Aug. 7
Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’
22.7.2022
This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located...
Binance Says It Does Not Stake or Lend 'Locked' DOGE
22.7.2022
Binance's clarification comes after Twitterati questioned the inner working of the staking product dedicated to proof-of-work coins
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
22.7.2022
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June...
Mike Novogratz warns that 200X returns from crypto are ‘not normal’
22.7.2022
Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital
22.7.2022
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific...
US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
21.7.2022
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become...
Roundup of Recent Document Outline Chatter
21.7.2022
It’s not everyday that HTML headings are the topic de jour, but my folder of saved links is accumulating articles about the recently merged removal of the document outline algorithm in the WHATWG Living Standard.
First off, you should know …
Roundup of Recent Document Outline Chatter...
Masked Men Rob Large Crypto Mining Farm Near Moscow
21.7.2022
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers...
Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in Minecraft
21.7.2022
On July 20, 2022, Mojang Studios the Swedish video game developer behind the world’s best-selling game of all time said blockchain or non-fungible token (NFT) technologies are “not permitted to be integrated inside [Mojang’s] client and server applications.” Mojang...
Register Here for a Weekly Update on African News
21.7.2022
The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future. For instance, instead of being seen or used as a tool for speculative trading, crypto is proving to be a more...
Minecraft Bans NFTs And Blockchain, Which 'Do Not Align' With Game's 'Values'
21.7.2022
While the whole NFT thing appears to be mercifully on the decline, there are still companies out there—like Square Enix—trying to justify partnering with technology that exists solely as an enormous scam. Mojang is clearly not one of them.Read more
Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’
21.7.2022
Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding:...
The Credit Crunch Is Not the End of Crypto Lending
20.7.2022
It is a mistake to view Bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures
Stray Should Have Been A Game Entirely About Kittens, Not Shooting
20.7.2022
There’s a lot of buzz about Stray right now, by dint of its coming out during a pretty dry patch for new releases, and more importantly, how you get to play as an incredibly cute cat. Unfortunately, what I think a lot of people are about to discover this week, is that it very quickly forgets about...