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Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months
6.9.2022
BTC price drop came after a 10-day stretch during which bitcoin traded right around the $20,000 mark
Sept. 22 is the date for Cardano’s Vasil hard fork launch, 3 months after target date
2.9.2022
The latest upgrade, which is the blockchain’s fifth, will include improvements to the Plutus programming language and promises greater scalability for lower fees
Big Eyes Coin, Cronos, and Cardano: Crypto Assets to Watch Out for In the Coming Months
2.9.2022
The crypto winter effect has clouded the better part of the 2022 crypto trading year. As many would boastfully say on Reddit crypto forums, it “separated boys from men.” The belief is that men constantly plan to upgrade their portfolios, implementing necessary risk management...
Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back
2.9.2022
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over...
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
1.9.2022
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto...
DeFi protocol shuts down months after the Rari Fuse hack
1.9.2022
BABL, the protocol's native token, crashed to a new all-time low of $0.23 after the founder announced that it's shutting down operations
Helium Developers Propose Shifting Network to Solana Blockchain Months After $200M Raise
1.9.2022
Developers cited faster transactions and “higher uptimes” among several reasons behind the proposed move
Pantera Capital COO Samir Shah Leaves the Crypto Venture Capital Firm After Two Months
31.8.2022
Pantera Capital Chief Operating Officer Samir Shah has left the cryptocurrency-focused investment firm after barely two months, his LinkedIn profile shows
Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC
30.8.2022
Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve months’ time. The news follows a number of expansions bitcoin mining operations have...
Indian Crypto Market Is Growing: Report Shows the Country Has 115 Million Crypto Investors
27.8.2022
A new report shows that India has roughly 115 million crypto investors, and the country’s crypto economy is growing despite the recent market downturn, with more than half of the crypto investors surveyed planning to increase their crypto investments in the coming six months. Indian Crypto...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...
Chiliz (CHZ) Moves by More Than 100% In the Last Two Months!
24.8.2022
Chiliz started as an experiment to empower sports entertainment by allowing enthusiasts and supporters to purchase specific club tokens and have a say in their decision-making. The slight touch of the hand provided immense interest in the enthusiasts who were spending millions on merchandise...
Chiliz (CHZ) Moves by More Than 100% In the Last Two Months!
24.8.2022
Chiliz started as an experiment to empower sports entertainment by allowing enthusiasts and supporters to purchase specific club tokens and have a say in their decision-making. The slight touch of the hand provided immense interest in the enthusiasts who were spending millions on merchandise...
54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in 6 Months - KuCoin
23.8.2022
Despite the latest market downturn, more than 50% of India’s survey respondents intend to expand their investments in crypto in the coming six months – indicating an optimistic approach to the market, according to a report by crypto exchange KuCoin....
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Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’
23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...
First Mover Americas: Fear Makes Quick Return to Crypto Markets as Bitcoin Plunges Most in 2 Months
19.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Spending on US Crypto TV Ads Shrunk From USD 85M to USD 36K in 5 Months - Report
18.8.2022
With leading crypto exchanges looking for ways to trim down spending on marketing and advertising efforts during the ongoing market downturn, ads featuring celebrities such as actor Matt Damon, as well as athletes LeBron James and Tom Brady, have reportedly disappeared from US television....
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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
17.8.2022
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond
EOS price jumps 20% for biggest gain in 15 months — what's fueling the uptrend?
17.8.2022
EOS attempts to become a fully decentralized network following a key "hard fork" in September