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Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
19.11.2022
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services....
No red flags at FTX despite 8 months of 'extensive due diligence' — Temasek
17.11.2022
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
'Big Short' Author Michael Lewis Spent Months With FTX's Sam Bankman-Fried and Is Writing a Book
14.11.2022
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
14.11.2022
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness...
After Bitcoin's Worst Week in Five Months, Here's What Crypto Analysts Are Saying
14.11.2022
A roundup of commentary on how digital-asset market analysts see the next few months unfolding
Russia’s Digital Ruble Integrated Into Banking App
12.11.2022
VTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with accounts set up for legal entities. Select customers will be granted access in the coming months and will be able to join the trials. VTB’s Mobile App to Support...
‘Twitter will do lots of dumb things’ in the coming months: Elon Musk
10.11.2022
Twitter's new owner says they'll be throwing a heap of new ideas at the platform over the coming months
Bitcoin Falls Below $17K, First Time in 23 Months, as Binance Said to Waver on FTX Deal
9.11.2022
Bitcoin's price hit $16,936 on Bitstamp exchange on Wednesday morning. It was the first time the largest cryptocurrency had fallen below $17,000 since November 2020. The BTC price was down 14% on the day
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...
Final Fantasy XVI PS5 Exclusivity Only Runs Six Months
7.11.2022
Following the latest series of info dumps and interviews, Sony may have just let slip the biggest news of all: Final Fantasy XVI will only be a PlayStation 5 exclusive for six months. PC owners rejoice.Read more
Bitcoin’s Top Mining Pool Foundry USA’s Hashrate Climbed 350% in 12 Months
7.11.2022
Last year, Bitcoin’s total network hashrate was around 160 exahash per second (EH/s), and 15 known mining pools dedicated hashrate to Bitcoin on Nov. 6, 2021. At that time, the mining pool Foundry USA was the fifth largest mining pool with 18.44 EH/s dedicated to the Bitcoin chain. During...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
5.11.2022
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate...
Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’
4.11.2022
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K...
BNB Chain DeFi ecosystem recovers almost one-third in three months
2.11.2022
On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery
Gamestop NFT Marketplace Is Now Live on Immutable X, Market Features Web3 Games
1.11.2022
After announcing the non-fungible token (NFT) marketplace seven months ago, the American consumer electronics and gaming merchandise retailer, Gamestop, has officially launched the company’s NFT market on Immutable X. In addition to NFTs, Gamestop’s marketplace also features Web3 gaming with games...
PlayStation Plus Loses Nearly 2 Million Subscribers Months After Relaunch
1.11.2022
Sony’s June relaunch of PlayStation Plus doesn’t look like it’s going entirely as planned. In the Japanese giant’s latest financial report, it’s shown that since Plus launched, it’s lost 1.9 million subscribers between July and September this year. Sony’s CFO Hiroki Totoki said there “hasn’t been...
Ether Sees Biggest Weekly Gain in 3 Months, ETH-BTC Rally to Continue
31.10.2022
Ether rallied 16% last week, registering its biggest gain since July. The recent positive change in ether's tokenomics are helping the cryptocurrency outperform industry leader bitcoin
Market Wrap: Bitcoin Heads for Best Week in 3 Months
28.10.2022
The largest cryptocurrency’s push past $20K this week has turned the market more bullish. The outlook hinges on the Federal Reserve’s messaging next week – about its plans for December. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Morgan Stanley: Record Number of Bitcoin Have Not Been Used for Six Months
28.10.2022
Bitcoin has traded in the narrowest range since late 2020, suggesting investors are holding on for higher prices, the report said