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Putin Green-lights Russian Digital Ruble Tax Law
21.12.2023
Source: chase4concept/Adobe Russian President Vladimir Putin has signed off on a law that will see the digital ruble incorporated into the nation’s tax code. Per Telesputnik, the new law sees terms like “digital ruble” and “digital ruble wallet” added to the code. The law also allows bailiffs...
Cardano to Train Petrobras Staff on Blockchain, Participants to Earn NFT Rewards
20.12.2023
Source: Freepik The Cardano Foundation has partnered with Petrobras, Brazil’s state-owned oil company, to offer blockchain education through workshops for its 40,000+ workforce. Just in: The Cardano Foundation partners with Petrobras, Brazil's largest corporation, to provide blockchain...
Best Crypto to Buy Today December 20 – Near, Stacks, Sei
20.12.2023
Technical indicators and developments point to Near Protocol, Stacks, Sei Network, Sponge V2, and Bitcoin Minetrix as strong options for the best crypto to buy today. Image by cryptonews.com. Stacks’ near 30% STX price increase so far today has captured the attention of market observers,...
Blockchain Data Analysts are Stacking This Lesser-Known AI Crypto – What Does it Do?
20.12.2023
AI crypto yPredict will offer users trading insights through predictive analytics and machine learning models. Image by Lucky Ai, Adobe Stock. Crypto markets can be an emotional rollercoaster. Prone to extremes of both fear and greed, retail traders often find themselves succumbing to psychological...
Smart Contract Tokens Solana and Avalanche Surge, Closing in on BNB and Ethereum
20.12.2023
Recently, the smart contract platform tokens solana (SOL) and avalanche (AVAX), both considered layer one (L1) crypto assets, have been narrowing the gap with ethereum (ETH), the most prominent smart contract platform in terms of market valuation. Over the past month, solana has experienced a...
Gary Gensler Set to Hold Crypto Regulation Talks with Head of South Korea’s Financial Regulator: Report
20.12.2023
Source: Pixabay The head of South Korea’s Financial Supervisory Service plans to meet with SEC Chair Gary Gensler to discuss crypto regulation. According to a report published Monday in South Korean news outlet Chosunbiz, Lee Bok-hyun, head of South Korea’s Financial Supervisory Service (FSS),...
Web3 Gaming Company Immutable Debuts Passport With Google and Apple Integration
20.12.2023
Source: Pixabay Immutable, a Web3 game publisher, has introduced its “Immutable Passport,” a new wallet infrastructure enabling users to generate and restore their wallets using a Google or Apple account or through an email address. In a press release issued on Tuesday, Immutable highlighted that...
Rollups On Bitcoin? BOB Launches Public Testnet For Scaling BTC
20.12.2023
Bitcoin (BTC) layer 2 startup ‘Build on Bitcoin’ (BOB) has announced the launch of its public testnet, which intends to imbue the premiere crypto network with the functionality of Ethereum (ETH), its most popular rival. The protocol is designed as a one-click bridge to Ethereum’s DeFi ecosystem...
Revolut Unlocks Crypto Trading in New Zealand, Expanding Fintech’s Offerings with 100+ Pairs
20.12.2023
Revolut’s New Zealand users can now trade major cryptocurrencies like Bitcoin through the Revolut app and access educational resources. Image by boumenjapet, Adobe Stock. London-based fintech firm Revolut has launched cryptocurrency trading services in New Zealand. Starting today, customers...
Ledger Responds to Connect Kit Exploit With Reimbursement Plan, Security Overhaul
20.12.2023
In a decisive move following a significant security incident, Ledger, a well known crypto hardware wallet manufacturer and security firm, announced a response plan. Approximately $600,000 in assets were stolen from users due to an exploit involving blind signing on EVM decentralized applications...
Ledger Hardware Wallet Will Compensate Users for $600,000 Exploit
20.12.2023
Source: iStock Hardware wallet provider Ledger has announced its intention to reimburse victims for the approximately $600,000 in assets lost due to the recent ConnectKit exploit. In a December 20 statement on X (formerly Twitter), the firm assured that the lost assets would be reimbursed before...
Cogwise AI News Aggregator: Revolutionizing Decision-Making in Real Time
20.12.2023
In a groundbreaking leap for financial technology, Cogwise AI unveils its state-of-the-art “AI News Aggregator,” reshaping how traders approach decision-making. This cutting-edge feature integrates advanced artificial intelligence and machine learning algorithms, providing real-time...
Bitcoin Price Prediction as Trading Volume Spikes by 40% – Are Investors Gearing Up for a Major Move?
20.12.2023
As the digital currency market pulsates with energy, Bitcoin price prediction takes the spotlight, riding on a remarkable 40% surge in trading volume. This burgeoning activity begs the question – is the investment community bracing for a seismic shift in Bitcoin’s trajectory? Amidst...
Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop
20.12.2023
Source: Adobe / Skórzewiak Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from...
99% of Law Enforcement Needs More Crypto-related Training, New Report Reveals
20.12.2023
A new survey conducted by blockchain intelligence company TRM Labs has revealed that 99% of law enforcement needs more training on crypto. “Extremely” complex cases The survey collected responses from 300 law enforcement professionals around the globe, 93% of which were from US law enforcement...
Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records
20.12.2023
Recent data, analyzing the seven-day average of Bitcoin’s hashrate, reveals yet another lifetime peak in the network’s performance. On Dec. 20, 2023, Bitcoin’s hashrate climbed to an unprecedented high. The seven-day simple moving average (SMA) indicates that the hashrate...
Grayscale CEO Says Spot Bitcoin ETF Could Usher In $30 Trillion to The Market – Here’s More
20.12.2023
Source: a video screenshot, Bloomberg Technology / YouTube Grayscale CEO Michael Sonnenshein has restated growing optimism over an investment drive in the cryptocurrency market in the event of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). In a recent CNBC...
Bitcoin Blockchain Surpasses Half-Terabyte Amid Soaring Transactions and Increased Block Capacity
20.12.2023
Although bitcoin’s price hasn’t eclipsed its historic peak, this year the network has shattered multiple records. These include reaching the highest level of difficulty, achieving an all-time high in total hashrate, and setting a new record for daily confirmed transactions. In 2023...
Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 + More News
20.12.2023
Source: AdobeStock / Coloures-Pic Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Bitcoin’s Market Cap Increased by a Peak of 172% in 2023 Bitfinex Securities Facilitates $5.2M...
BlackRock Spot Bitcoin ETF Gains Momentum With Second SEC Meeting in December
20.12.2023
BlackRock and Nasdaq representatives met with the SEC for the second time in December on BlackRock’s proposal for a spot Bitcoin ETF. Image by 24K-Production, Adobe Stock. BlackRock, the world’s largest asset manager, is continuing to push forward with plans to launch a spot Bitcoin...