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Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
6.4.2022
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...
Biggest Movers: SOL Slips Over 10%, as RUNE, WAVES Down Nearly 20%
6.4.2022
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March,...
Custom NFT Marketplace Creaticles ($CRE8) Announces Fantom Integration as Part of Multi-Chain Expansion
6.4.2022
PRESS RELEASE. Boston, 6 April 2022 – Creaticles ($CRE8), the world’s first NFT Requests Marketplace matching NFT buyers to its roster of verified global artists, has today announced a collaboration with Fantom Foundation. The integration on Fantom, one of the fastest growing layer-1...
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...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses
6.4.2022
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000...
Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina
6.4.2022
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise...
Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms
6.4.2022
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands...
Can the IRS Track Bitcoin? Koinly Explains
6.4.2022
The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their cut, […]
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
6.4.2022
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...
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...
Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
6.4.2022
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
6.4.2022
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
6.4.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges...
Elon Musk Promises to Make ‘Significant Improvements’ to Twitter — Calls Crypto Spam Bots ‘Single Most Annoying Problem’
6.4.2022
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as...
Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC
6.4.2022
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s crypto holdings to 129,218 bitcoins. Microstrategy Purchases More Bitcoin for Its Treasury The Nasdaq-listed software company Microstrategy has acquired more bitcoin...
Point Labs Releases Full Roadmap to Web3
6.4.2022
(Link to full roadmap here: roadmap.pointnetwork.io) With “web 3.0” suddenly upgrading from an obscure area of research to a hot topic of mainstream conversation and a significant part of the 2020-s zeitgeist, more and more questions arise about the nature of the beast....
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
5.4.2022
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s statements, tourism has greatly benefited from the introduction of bitcoin as legal tender...
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin
5.4.2022
Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators...
Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US
5.4.2022
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was highest in the most states as compared to other cryptos. The research also details that the leading crypto asset in terms of market capitalization, bitcoin, was...
Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami
5.4.2022
The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also...