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NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
14.2.2023
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than...
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...
The Metaverse is Yours for the Taking with This New Crypto Project – Don't Miss Out on the Presale
14.2.2023
RobotEra is an upcoming new metaverse crypto project and sandbox-like world-building game that will invite players to create, share, operate, explore, and trade within a world that is entirely their own. As a robot in this metaverse, players will acquire resources from the planet, manage their...
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude
14.2.2023
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits...
3 technical analysis strategies that help confirm winning trades
14.2.2023
A combination of RSI, Bollinger Bands and MACD indicators can help investors confirm winning trades
Busan aims to become a global crypto hub despite aging population
14.2.2023
South Korea rides high on one the best GDP figures of $30,000 per the statement of Bloomberg. However, one city, in particular, is witnessing a silent downfall due to its aging population, where 21% of the people are at least 65 years old. Busan is now looking to turn the tables by attracting...
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
14.2.2023
According to FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator
Paxos and Binance end their partnership for BUSD, halting its minting
14.2.2023
Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it would end its relationship with Binance for the issuance of BUSD. This goes into effect on February...
UAE’s Central Bank pushes for CBDC for financial transformation
14.2.2023
The UAE is looking to boost its cross-border payments while also enhancing its domestic financial infrastructure. This comes after the Central Bank of the UAE announced the issue of CBDC, short for central bank digital currency. The issuance of CBDC comes as a part of the financial infrastructure...
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
14.2.2023
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a globally coordinated approach on the regulation...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
14.2.2023
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto...
Crypto Whales are Increasing Their Holdings in These Altcoins – What Do They Know?
13.2.2023
Financial expert Robert Kiyosaki recently caused a stir in the financial world with his predictions for the future of the global economy. In a tweet on February 12, he warned of a potential financial crisis and the possibility of a depression, and stated that by 2025, gold could reach $5,000...
DeFi exploits and access control hacks cost crypto investors billions in 2022: Report
13.2.2023
Cyber criminals used a variety of methods to siphon funds through hacks and exploits in 2022, amounting to over $2.8 billion in losses
Coinbase CEO invites DC residents over for ice cream and crypto talk
13.2.2023
Brian Armstrong said he had about an hour at the Dirksen Senate Office in Washington, D.C. to “chat about crypto” and enjoy low sugar food at the building's snack bar
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
13.2.2023
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Volatility was high ahead of Tuesday’s U.S. consumer price index release, and with the depegging of BUSD. Cosmos also traded lower to start the week, hitting a 14-day low....
Brazilians Will Be Able to Pay Taxes With Crypto
13.2.2023
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...
DBS Bank to offer cryptocurrency trading in Hong Kong
13.2.2023
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory
AI crypto coins plunge; Is this a good time to buy the dip?
13.2.2023
Artificial Intelligence will thrive in the technology sector and potentially revolutionize the crypto industry, accelerating the growth of new technologies, facilities, and social & financial networks that make transactions and transfers faster. Some of the AI crypto projects are performing...
VaultBet & InfinitySwap partners to Integrate Bitfinity Wallet
13.2.2023
VaultBet recently announced a partnership with InfinitySwap to integrate Bitfinity Wallet. The collaboration will be helpful in advancing the Internet Computer ecosystem. As a reliable crypto sportsbook, VaultBet is a viable alternative to centralized betting exchanges and bookmakers. Since it uses...
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
13.2.2023
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...