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After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
27.5.2022
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest...
Draft bill to ban China’s digital yuan from US app stores
27.5.2022
Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act."
Binance to Advise Kazakhstan on Crypto Regulations
27.5.2022
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate...
JPMorgan trials blockchain for collateral settlement in after-hours trading
27.5.2022
“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...
U.S. Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
26.5.2022
Federal Reserve Vice Chair Lael Brainard said creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. In a House Financial Services Committee hearing Thursday, Brainard also said a digital dollar probably shouldn't return interest to holders – a concern...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
V Rising Adds Offline Mode, Sells 1 Million Copies
26.5.2022
I wrote about V Rising yesterday, and noted that it had sold over 500,000 copies. Well, it has now sold a lot more than that, having hit the one million mark less than a week after release.Read more
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
25.5.2022
Circle Internet Financial weighs in to give a crypto industry view that the U.S. Federal Reserve should pass on launching its own digital dollar, arguing that it could strangle private-sector efforts such as Circle’s to manage their own dollar-based tokens
Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs
25.5.2022
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From...
Consider Digital Assets Instead of Still-Pricey Real Estate, say JPMorgan Strategists
25.5.2022
Nikolaos Panigirtzoglou and team mull the outlook for crypto following the Terra collapse
Thailand Exempts Crypto Transfers From VAT Until End of 2023
25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...
Associations for Blockchain Technology, Digital Assets Adoption to Merge
25.5.2022
The major industry associations for blockchain technology and adoption of digital assets are to merge creating a single association of nearly 500 institutional members
Cornucopias: A Revolutionary Cardano Blockchain Project That Is Redefining the Gaming Metaverse Industry
25.5.2022
PRESS RELEASE. The metaverse is a virtual world that allows millions of players to live beyond their immediate environment. With blockchain technology, users can create, own and utilize digital assets while interacting with other people in the virtual space. Cornucopias ‘The Island’...
Seth Green Created A TV Show Around His NFT Ape, Then Someone Stole It
24.5.2022
Seth Green is having a bad time after he claims some of his NFT apes were stolen from him using a phishing scam. One very special ape in particular was taken and then sold to another user, which is bad news for him because Green planned and created an entire new TV show starring that digital...
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...
Human Woman Kissing Simulator Sonic ‘06 Relisted In Xbox 360 Store
24.5.2022
After over a decade away, it appears as if 2006’s Sonic the Hedgehog (or Sonic ‘06 to all the savvy hedgehog connoisseurs out there) is once again available on the Xbox Marketplace. And it’s only $5, if you still happen to have an Xbox 360 hooked up to your television for whatever reason. (h/t...
Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
24.5.2022
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio...
Crypto funds under management drop to a low not seen since July 2021
24.5.2022
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021
Digital Dollar Would Undermine Banks, No Compelling Case for It, US Bankers Argue
24.5.2022
The purported benefits of a central bank digital currency (CBDC) in the United States are “uncertain and unlikely to be realized,” and there is no compelling case for it, the American Bankers Association (ABA) has said in a letter to the US Federal Reserve (Fed). The letter also warned that...