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Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
Federal High Court of Nigeria approves eNaira CBDC rollout
3.10.2021
eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions
IMF recommends CBDC and global crypto standards for financial stability
3.10.2021
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption
IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up
3.10.2021
The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.”...
Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
2.10.2021
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto...
Coinbase Reveals Massive Hack of User Accounts: Over 6,000 Customers Lost Funds
2.10.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access...
Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio
2.10.2021
Grayscale's GDLC Fund now includes Solana and Uniswap at 3.24% and 1.06% respectively after reducing LTC and BCH holdings
Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges
2.10.2021
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities...
Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high
2.10.2021
Axie Infinity's price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token
OMG eyes a new all-time high after unveiling its 'Boba Network' layer-2 solution
1.10.2021
Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high
Altcoins take the next leg up after Bitcoin price holds $47.5K
1.10.2021
ROSE, AXS and ICX notched 20% gains after bulls took control of the market and sent BTC price above $47,500
Why NFTs can be a riskier investment than cryptocurrencies, report
1.10.2021
New 90+page research report on NFTs discusses how investors get stuck holding NFT hot potatoes when liquidity dries up
Brazil Stock Exchange wants to provide oracles for digital real
1.10.2021
“We are looking at it and evaluating the best ways to interact and participate in this ecosystem,” a B3 exec said
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
1.10.2021
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...
Singapore finance authority grants licenses to Independent Reserve and DBS
1.10.2021
DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services
DeFi and DEX volumes soar amid China's crypto ban and ongoing US regulation
1.10.2021
Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders
Fed’s Powell has no intent to ban Bitcoin or crypto
30.9.2021
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic
The infrastructure bill is hanging in the balance. What would its enactment mean for crypto?
30.9.2021
Hinging on Democrats' ability to resolve intraparty disagreements, the controversial legislation could have tangible consequences for digital finance in the U.S. and beyond — if passed by the House today
Rari, Telos and Polymath rally as Bitcoin price hits $44K
30.9.2021
RGT, POLY and TLOS secure double-digit gains as investor sentiment rises after the Fed says it will not ban cryptocurrencies and Bitcoin briefly reclaims $44,000
Ethereum bears look to score on Friday’s $340M weekly ETH options expiry
30.9.2021
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry