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Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
MARA Raises $23M From Coinbase, Alameda to Spread Crypto Adoption Across Africa
11.5.2022
The exchange is holding Web 3 hackathons and launching products in a pan-African campaign
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
20.4.2022
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the...
Quantum Simulations Predict that Merchant Crypto Adoption Could Spread in 'Cliques'
19.4.2022
Quantum computer simulations conducted by researchers at quantum computing startup Multiverse Computing and the Bank of Canada have shown that crypto adoption among merchants can spread in “cliques of firms”, as individual firms generally base decisions on what their partners do....
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Spread of Sanctions Makes Privacy Tokens the Hot Bet in Crypto Markets
13.4.2022
Crypto analysts are pointing to the Ukraine war and related financial sanctions as the reason that privacy tokens like MASK and Monero's XMR and are trading up over the past 30 days
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
13.4.2022
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as...
US Bond Markets Signal Economic Downturn, Trend Forecaster Says if War Ensues ‘Odds of Recession Increase’
1.4.2022
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a myriad of financial reports have noted that the U.S. dollar’s reserve currency status could...
First Mover Americas: Ether-Bitcoin Volatility Spread Slides, Bitfinex Shorts Surge
11.3.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Power Outages in Russia’s Irkutsk Region Blamed on Home Miners
2.1.2022
Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source...
El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare
28.11.2021
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220....
Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
20.11.2021
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative...
Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’
16.11.2021
Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank.
In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber...
Tipping In Japan? One Company Aims To Spread It Throughout The Country
20.10.2021
In Japan, tipping is basically not a thing. There are a few occasions where one does tip, such as at a ryokan, or a traditional Japanese inn. But generally, good service is expected minus tips. So if you go to a restaurant, the price on your bill is what you pay. One Japanese company is trying...
Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector
15.10.2021
Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event
BitOasis crypto exchange to help Dubai Police spread fraud awareness
4.10.2021
BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange's CEO
Smart Marketing Token (SMT) Is on a Mission to Help Blockchain Projects Reach Their Goals
24.9.2021
Blockchain developers can find it very daunting to attract an audience these days, when so many new ventures are hitting the market at an ever increasing pace. This is why Smart Marketing Token stepped up to help projects with promotion, so they can reach all their goals and spread the word about...
Set and Forget: Top Auto-DCA Services in Bitcoin
4.9.2021
averaging, or DCA for short, is the process of dividing up an investment in a series of smaller purchases spread out over time, rather than going into an investment with a larger amount at one time.Portfolio value over time of USD 200 invested every 2 weeks, starting 3 years ago. Each dot repres
Blockchain Entrepreneur to Regulators: ‘Crypto Community a Useful Ally’
16.8.2021
To many people, the year 2020 will probably go down in history as one of the most consequential of the century. After all, it was the year when governments, health professionals, and business owners all seemed to have a common goal: stopping the spread of Covid-19 at all costs. Indeed, in...
Fan Tokens Spread to the Basketball Industry Too
13.8.2021
Japan’s sports club token craze has spilled over from the world of football and has made its debut on the basketball court – with a Yokohama-based team releasing Japanese professional basketball’s first-ever cryptoasset.
The franchise in question is the Yokohama B-Corsairs, and the move, once...
The future of DeFi is spread across multiple blockchains
31.7.2021
As the decentralized space is growing at lightning speed, projects need to adapt to the multichain future or risk becoming irrelevant