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MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals
14.3.2022
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European...
Artists and Activists Turn to NFT Sales to Support the Ukrainian People
14.3.2022
NFTs are showing the brighter side of humanity as real support transcends the boundaries of nations and reaches Ukraine through the metaverse. In light of the ongoing military conflict, people from all around the world send their donations to Ukraine via NFT sales, as artists and activists turn...
Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected
14.3.2022
The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate...
G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions
14.3.2022
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury...
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000
14.3.2022
Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt...
US Senator Booker: Cryptocurrency Can Bring Growth to American Economy if Properly Regulated
13.3.2022
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is encouraged by President Joe Biden’s executive order on crypto regulation....
On March 14th, 3PM JST, Cosplay Token Will Be Simultaneously Listed on Zaif and SEBC Japanese Cryptocurrency Exchanges
13.3.2022
PRESS RELEASE. Cosplay Token “COT” will be used as a token to TIP your favorite cosplayers on World Cosplay, the world’s largest cosplay platform. COT will be listed on two Japanese crypto currency exchanges Zaif and SAKURA Exchange BitCoin simultaneously on March 14th, 2022....
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and Famous
13.3.2022
Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht...
Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy
13.3.2022
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of...
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia
13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...
UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action’
13.3.2022
U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating...
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
13.3.2022
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court...
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown
13.3.2022
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money “will be in the crosshairs of this...
Kevin O’Leary Shares Crypto Investing Strategy — 20% of His Portfolio Now in Crypto and Blockchain
13.3.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy. He revealed that 20% of his portfolio is now in cryptocurrencies and blockchain. “The whole point is you don’t know who is going to win.” Kevin O’Leary’s...
Apple Co-Founder Steve Wozniak Expects Bitcoin to Hit $100K — Says ‘I Just Really Feel It From All of the Interest’
13.3.2022
Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.” Steve Wozniak’s Bitcoin Price Prediction Apple co-founder Steve Wozniak shared...
Stripe Brings Back Crypto Support After 4 Years — Says ‘Crypto Is Going Mainstream’
12.3.2022
Payment giant Stripe has brought back crypto support after it stopped processing bitcoin payments four years ago. The company now says, “Our optimism for the future of crypto was not unfounded … Crypto is going mainstream.” Stripe Brings Back Crypto Support Payment giant Stripe...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
12.3.2022
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full...