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Bitcoin: Gold 2.0? Try Reserve Asset 3.0
13.3.2022
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system
Citi’s digital asset co-heads resign with plans to create crypto startup
12.3.2022
This move follows various other banking veterans making the change from Wall Street to crypto ventures
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
US Inflation for February Hits 7.9%, ECB Slows Asset Purchases
10.3.2022
US inflation numbers hit 7.9% in February, up from 7.5% the month before, and in line with expectations. Bitcoin (BTC) immediately jumped higher on the news, before later reversing lower again.
“The 12-month increase has been steadily rising and is now the largest since the period ending...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
10.3.2022
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious...
Fractional Investing Company Public Acquires NFT Startup Otis
9.3.2022
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give Public the ability to provide people with the only place in the world “where people...
Defunct File-Sharing Platform Limewire Plans a Comeback, NFT Marketplace and Token on the Horizon
9.3.2022
The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans...
Dubai establishes virtual asset regulator and announces new crypto law
9.3.2022
The Sheikh said the regulator will have authority in Dubai's special development zones and free zones with the exception of the Dubai International Financial Centre
NFT fashion hits the runway as designers launch in the Metaverse
8.3.2022
Mainstream designers are debuting NFT collections in the Metaverse this year, demonstrating the future of fashion
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
8.3.2022
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently...
Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application
8.3.2022
While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending...
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
7.3.2022
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming...
Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In
7.3.2022
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that...
Report: Official Says Switzerland May ‘Target’ Crypto Assets Belonging to Sanctioned Russians
7.3.2022
Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however...
LBank Exchange Will List Apollo Inu (APOLLO) on March 9, 2022
5.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, March. 5, 2022 – LBank Exchange, a global digital asset trading platform, will list Apollo Inu (APOLLO) on March 9, 2022. For all users of LBank Exchange, the APOLLO/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March...
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
4.3.2022
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto...
CEXs refuse blanket asset freeze of all Russian users, though questions linger
4.3.2022
If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran
Korean blockchain experts seek the government's help for digital asset market
4.3.2022
The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and metaverse during their meeting on Thursday
Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
4.3.2022
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing...