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Crypto Lobbying in the US Jumped 116% in 12 Months With $9.56 Million Spent in 2021
8.2.2022
Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months with $9.56 million leveraged...
US Senator: China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities
8.2.2022
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, and provide Beijing with ‘first mover’...
China’s Winter Olympic Digital Yuan Gets Frosty Reception from Some ‘Foreigners’
8.2.2022
China is continuing in its efforts to wow the world with its digital yuan at the Winter Olympic Games, which got underway on Friday last week. But it appears that not all attendees – both Chinese and overseas visitors – have been blown away by the token’s usability....
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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...
17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry
7.2.2022
On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly...
Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
7.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
Nasdaq will list Valkyrie’s ETF linked to Bitcoin mining firms on Feb. 8
7.2.2022
At least 80% of the investment's net assets are through securities that “derive at least 50% of their revenue or profits” from Bitcoin mining
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...
NFTs Are 'A Scam', Says Indie Marketplace Itch.io
7.2.2022
While some publishers like Ubisoft push right ahead with NFTs, regardless of how their own workers feel about it, and others like EA are prepared to half-ass their way through the fad, one video game marketplace has come out and issued one of the most welcome statements I’m yet to see from within...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
6.2.2022
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has also been developing its nuclear and missile programs. North Korea Hits Cryptocurrency Exchanges...
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
6.2.2022
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it...
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments
6.2.2022
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the...
Indian couple celebrates blockchain wedding with NFT vows, digital priest
5.2.2022
Anil Narasipuram, the husband, was initially motivated by blockchain marriages done in other countries
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
5.2.2022
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments...
SEC again delays decision on Grayscale’s Bitcoin ETF
5.2.2022
The Securities and Exchange Commission is once again inviting the public to comment on whether a spot Bitcoin ETF presents a material risk to investors
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
5.2.2022
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-source code for the CBDC project. Boston Fed and MIT Publish Initial Findings...
Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher
4.2.2022
MANA price booked a 75% bounce off its swing low as interest in the Metaverse is rekindled
Myanmar’s military government considers launching digital currency: report
4.2.2022
Major General Zaw Min Tun of the country's military forces said rolling out a digital currency would "help improve financial activities in Myanmar."
This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster
4.2.2022
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative...
Ubisoft’s Latest Galaxy-Brain Move Is To Gift Scammy NFTs To Employees
4.2.2022
Ubisoft’s ongoing NFT odyssey continues to bewilder and demoralize not just longtime fans but also its own developers. The company recently held another workshop aimed specifically at addressing the concerns of skeptical employees, yet also started giving out special NFTs to some members of...