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Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO
7.4.2022
Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said...
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
7.4.2022
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...
Ukrainian Charity Organization Launches NFT Sale
7.4.2022
A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war...
Sushi and Synthetix get the boot in Grayscale DeFi fund rebalancing
7.4.2022
Crypto asset management firm Grayscale has added three new crypto assets to its funds and has kicked SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
Meta may introduce tokens and digital currency lending services to apps: Report
6.4.2022
The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse
A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022
6.4.2022
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top...
Here's How You Can Help Shape Digital Euro
6.4.2022
Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro...
Abkhazia Extends Crypto Mining Ban Till End of Year
6.4.2022
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...
Marathon Digital moves Montana BTC mine to pursue carbon neutrality
6.4.2022
The Bitcoin miner’s push to make its facilities run on clean energy reflects a push in the industry for all mining operations to do the same, or to at least use flexible facilities
European Commission opens new consultation on digital euro
5.4.2022
The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy and the impact on financial stability
Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says
5.4.2022
Mairead McGuinness promised a role for banks in distributing the CBDC, as a consultation presages legislation earlier next year
Bit Digital Partners With BitMine to Host 7K ASIC Miners
5.4.2022
BitMine will store the machines in immersion coolers for greater efficiency
EU Consultation Looks at Digital Euro Issues
5.4.2022
The Brussels executive got the ball rolling Tuesday on the legislation needed to issue a CBDC
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
5.4.2022
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million...
Digital Finance and DeFi Tokens: Invest in Solana, Aquasis Protocol, and Quitriam Finance
5.4.2022
In the crypto world, the notion of Decentralised Finance (DeFi) is used to describe the sub-sector of crypto that is revolutionizing the internet-native financial system by using Blockchains to replace traditional intermediaries (i.e., Banks). Crypto Investors are strongly convinced this is...
FTX US to invest in IEX stock exchange to launch digital securities
5.4.2022
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
5.4.2022
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC...
China’s Central Bank Adds More Digital Yuan Pilot Cities
5.4.2022
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the latest official data, the digital yuan has more than 261 million users. PBOC Adds More Cities to Test Its CBDC The Chinese central bank, the People’s Bank...
Gryphon and Sphere 3D merger scrapped but carbon-neutral mining continues
5.4.2022
The planned merger has been canceled but the two companies still have a good working relationship, aiming for carbon-neutrality in their mining operations