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Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia


Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...

ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro


The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce payments. ECB Collaborates With 5 Companies...

Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green


A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...

Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High


Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term...

Why Ethereum Price is Under More Pressure After Gensler Comments


Ethereum has successfully made its historic transition to Proof-of-Stake, but the asset's price action is not responding favorably to the move, partly due to SEC Chair Gensler's recent comments on staked assets being regarded as securities. Following years of anticipation, the crypto community...

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