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IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
1.4.2022
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system,...
Analysts debate Bitcoin’s next step after today’s $45.5K retest
1.4.2022
BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step
‘The cryptocurrency world will help in this war’: Kuna CLO breaks down Ukraine’s digital asset law
31.3.2022
According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
31.3.2022
CELR, IOST and SKALE secured double-digit gains, thanks to a handful of protocol upgrades and announcements related to cross-chain ability
Bitcoin mining finds fresh support from Russian finance ministry
31.3.2022
While supporting crypto mining companies, the Russian lawmakers are still not sure whether they should ban individuals from mining crypto
Circle selects BNY Mellon as custodian for USDC reserves
31.3.2022
The firm previously said its reserves would be in cash and treasuries
Binance becomes official crypto exchange partner of 64th Grammy Awards
31.3.2022
Taking place on April 3, the 64th Grammy Awards ceremony will also feature exclusive NFTs via the OneOf marketplace, issued on Tezos
Investment tracker Delta expands its Web3 offering with an NFT explorer
31.3.2022
The new NFT tracker and explorer services will support Ethereum wallets to start with, while multi-chain support is expected to arrive by the end of the year
30% crypto tax becomes law in India following Finance Bill approval
31.3.2022
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
31.3.2022
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use...
Crypto ownership among Norwegian women doubles, mirroring global trends
31.3.2022
According to a recent survey from Arcane Research, the number of Norwegian women that own cryptocurrency has doubled from 3% to 6% in just one year
Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers
31.3.2022
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking...
IMF: We Need a Lot More Work Done on Crypto Regulation
31.3.2022
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing...
DeFi sector TVL rises as investors return to a bullish crypto market
30.3.2022
Decentralized finance token prices have begun to trend higher and the rise in the total value locked across protocols and increasing dApp revenue hint at a potential DeFi revival
Omnichain developer LayerZero Labs raises $135M
30.3.2022
The protocol, which is still in development, intends to connect dApps across chains using on-chain nodes
Aave v3 launch triggers 50% rally from long-term descending channel pattern
30.3.2022
AAVE price broke from its long-term downtrend after the launch of Aave v3 added support for six different blockchain networks in the DeFi space
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
UK financial watchdog extends registration deadline for some crypto firms
30.3.2022
As of March 25, there were 12 firms permitted to “carry out cryptoasset activities” under FCA temporary registration status, including CEX.IO, Revolut, and Copper
Planet of the Bored Apes: BAYC’s success morphs into ecosystem
30.3.2022
The success of the “Bored Ape Yacht Club” NFT collection sparked the creation of an NFT universe powered by its proprietary ApeCoin token
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...