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Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
9.5.2022
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible'
9.5.2022
Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week
Galaxy Digital Records Q1 Loss of $111.7M Amid Fall in Crypto Prices
9.5.2022
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022
DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend
9.5.2022
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said
Metaverse Project GensoKishi Online Announces a Closed Alpha Ticket (Bronze) Lottery
9.5.2022
PRESS RELEASE. GensoKishi Online -Meta World- is developed under the license of the well-known Japanese 3D MMO title “Elemental Knights Online.” The iconic game has a 14-year history and has accumulated 8 million downloads worldwide. It already has a 3D MMORPG game with active users...
Staking Tool Lido DAO's LDO Token Climbs Ahead of Binance Listing
9.5.2022
LDO surged 27% in the past 24 hours with most of the gains coming in Asian morning hours
Nigerian Fintech Founder: ‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’
9.5.2022
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startups have dominated the continent in terms of funds raised or the number of transactions performed....
Bitstamp Appoints JB Graftieaux as CEO After Julian Sawyer's Departure
9.5.2022
Bitstamp, Europe's largest crypto exchange, has appointed former chief compliance officer JB Graftieaux as its new CEO following the departure of Julian Sawyer
How Big Is Crypto Crime, Really?
9.5.2022
Estimates of the scale of online crime range from under 1% to nearly half of all crypto activity – so CoinDesk looks under the hood
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
9.5.2022
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase...
Luna Foundation Guard Lens $1.5B in BTC and UST for Stablecoin Peg
9.5.2022
The move comes after UST briefly lost its peg to the U.S dollar over the weekend
SpotGaming
9.5.2022
Players on SpotGaming are just like breathing fresh air. It is launched in the year 2022 in the gaming market. Players from many countries across Europe are spending their time and money on our platform as we have 4000+ casino … Continued
The post SpotGaming appeared first on WINBTC.NET
Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits
9.5.2022
According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been deteriorating. Confidence in U.S. president Joe Biden managing the U.S. economy has dropped from 57% to 40%, and faith in Federal Reserve chair Jerome Powell...
SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder
9.5.2022
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If convicted of all counts, he faces a maximum total penalty of 45 years in prison, the Justice...
First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled; Bitcoin Continues to Fall
9.5.2022
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of cryptocurrencies; a tough weekend for cryptos
Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days
8.5.2022
The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last...
Bitcoin Slides to 3-Month Low Around $34K
8.5.2022
Digital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency
UST briefly loses peg, Luna Drops 10%
8.5.2022
UST briefly lost its dollar peg on Saturday, leading to questions around whether Terra’s Bitcoin reserves will soon face their first test
Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology
8.5.2022
On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards...