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Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say


Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s...

Ebay Expands Into NFT and Web3 Space With New Job Openings


The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June...

Ethereum price claims for $1.8K mark: Will ETH win?


Ethereum is a leading decentralized blockchain platform with many use cases, so crypto enthusiasts are curious about the future potential of ETH. At the time of writing, ETH was facing a resistance of around $1650. Overall, it has been consolidating between $1K and $2K. Is it the right time...

US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase


A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...

Charlie Munger Urges US Government to Ban Crypto Like China Has Done


Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract...

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