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Report: Lebanon Planning to Devalue Currency by 93%, Depositors to Lose $38 Billion
9.2.2022
The Lebanese government is reportedly planning to devalue the local currency by up to 93% in a desperate bid to receive funding from the International Monetary Fund (IMF). As part of the plan, a major portion of foreign currency deposits in the banking system will be converted into local currency...
El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App
2.2.2022
The Salvadoran government is attempting to reboot its Chivo bitcoin (BTC) app and wallet – by teaming up with the USA-based crypto firm AlphaPoint.
In an official notice, the government wrote that the firm was now “providing technology for Chivo Wallet, the first national digital wallet in...
Turkish blockchain company opens regional crypto exchanges in globalization bid
31.1.2022
The first stop for Bitci’s international expansion, also a first for a Turkish crypto exchange, is Brazil
Covid Testing Is Such A Debacle Even Wario64 Is Trying To Help
6.1.2022
Welcome to the winter of our discontent. Over 500,000 new cases of covid-19 a day. More than 1,000 new deaths. Testing sites are backed up for days and the more convenient but less reliable at-home antigen kits have become all but impossible to get a hold of. Now even the patron saint of helping...
Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids
5.12.2021
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million....
USD 1.2M Bid Placed on NFT Piece by Silk Road Founder Ross Ulbricht
3.12.2021
A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go.
Ulbricht, currently in his ninth year of serving a double life without parole in a US federal prison, previously...
Deadmau5 and Portugal The Man release single as 1M NFTs in bid to go platinum
3.12.2021
The award-willing artists want their new release “This is Fine” to become the first NFT single ever to go platinum, but it’s unclear whether that is even possible
Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC
29.11.2021
The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira. Central Bank Open to Suggestions In its bid to deepen the adoption of the e-naira, the Central Bank...
Crypto Donors Pay $1Million in Fees for a Failed Bid
25.11.2021
A group of cryptocurrency donors had come forward to purchase a rare copy of the US Constitution. Not only did the group fail to proceed with the purchase, but it also was compelled to pay $1 million in fees. The group of around 17,000 crypto donors grabbed the limelight when they attempted to...
Silver Linings Abound as Constitution DAO Falls Short in USD 47M Sotheby’s Bid
19.11.2021
An audacious attempt to buy one of the few surviving copies of the United States Constitution by a decentralized autonomous organization (DAO) fell short of what would have been a dramatic victory for the crypto space – losing out in an auction at Sotheby’s....
Read More: Silver Linings Abound...
DFG piles $12.6M into Astar Network’s Polkadot parachain bid
16.11.2021
Astar Network currently ranks third place in Polkadot’s first parachain auction behind Acala and Moonbeam
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
11.11.2021
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such...
Man ‘Murdered’ as Crypto Miners’ Bid to Protect Rigs Turns Deadly
26.10.2021
The bizarre tale of crypto mining in Abkhazia has taken a deadly turn, with a bloody firefight over mining rigs resulting in a death in the de facto South Caucasus state....
Read More: Man ‘Murdered’ as Crypto Miners’ Bid to Protect Rigs Turns Deadly
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1
Judge rejects XRP hodlers' bid to join SEC against Ripple case as defendants
5.10.2021
The judge ruled that the SEC would be required to launch enforcement actions against each individual XRP holder should they be allowed to participate in the case as defendants
US Crypto Tax Loss Harvesters Make Hay While the Sun Shines – But the Clock’s Ticking
30.9.2021
hat crypto traders are allowed to write off their losses by selling tokens at lower prices – only buying the same type of coin again within the next 30 days. Furthermore, some traders seek to buy offsetting positions in a bid to avoid having to file capital gains declarations.CNBC
Messari Founder Ryan Selkis Announces Senate Run for 2024 — ‘Enough Talk’
22.9.2021
Ryan Selkis, the founder of Messari, a cryptocurrency research company, has announced he will be running for the U.S. Senate in 2024. The entrepreneur made the announcement on Twitter after finding out one of the speakers at Messari’s Mainnet conference, whose identity could not...
Bitcoin Trims Losses Ahead of Major Options Expiry
21.9.2021
recovered from its overnight lows of USD 40,200, with a large bullish “wick” now visible in the daily chart as evidence that dip buyers arrived to bid the price higher.Following yesterday’s selling, a summary of the situation from crypto derivatives exchange Deribit also gave some traders ho
Politicians Want USD 16B More From US Cryptofolk, But S Korea Sees Better News
14.9.2021
but then buying the same type of coin again within the next 30 days. They also want to make sure that people who buy offsetting positions also file capital gains declarations.The bid was detailed in
Bid to Have MTI Ponzi Declared Unlawful Scheme Suffers Setback — More Investors Oppose Motion
11.9.2021
A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration...