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RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
4.6.2022
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor Discusses Impact of CBDCs on Cryptocurrencies RBI Deputy Governor...
Hacker Used ‘Social Media Data Leak’ to Steal USD 660K in Crypto from 90 Victims - Police
4.6.2022
Police in Seoul, South Korea, have arrested and charged a 30-year-old man after officers reportedly found evidence that he may have stolen some USD 660,000 worth of crypto using data he harvested from a popular social media network....
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Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
4.6.2022
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue...
How Russia’s Invasion of Ukraine Is a Litmus Test for Cryptocurrency Exchanges
4.6.2022
The exchanges have resisted blocking Russian users from using their services. But technology exists that would enable them to maintain their principles and identify bad actors
Which Markets Could Benefit the Most from Crypto?
3.6.2022
Pavel Matveev is the CEO and Co-Founder of the major blockchain-based payments platform Wirex.
__________...
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New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
The Weeknd Collaborates with Binance for the First Web3 World Tour
3.6.2022
Binance has teamed up with The Weeknd to host the first-ever web3-based music world tour. Named “After Hours Til Dawn,” the world tour is slated for the 8th of July. Binance hopes to enhance the fan experience of this tour through various web3 features like NFTs, virtual events,...
Central Bank of Armenia Urged to Regulate Cryptocurrencies
3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....
STEPN (GMT) Consolidates; Will There Be a Positive Breakout?
3.6.2022
STEPN was quick to rally on investors’ support as it offered a unique perspective towards health and walking benefits by connecting them with rewards token methods. The token is a Web 3.0 lifestyle application with a projected play-to-earn model developed on the back of Solana’s...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
3.6.2022
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to...
Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges
3.6.2022
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious...
Firstrade Lists ENJ, MKR, BNT & COMP
3.6.2022
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its available crypto listings. The most recent additions to the tradeable crypto coins on Firstrade are ENJ (Enjin), Maker (MKR), Bancor Network Token (BNT) and Compound...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable
3.6.2022
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. NY Attorney General Warns About...
Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate
3.6.2022
Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate. Tim Draper’s Bitcoin Price Prediction Venture capitalist...
Ethereum’s Merge FOMO isn’t priced in, making a spike to $2.6K a possibility
2.6.2022
Ethereum's price action hangs around major swing lows despite the all-important Merge network upgrade. Analysis suggests ETH is discounted below $2,000
The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework
2.6.2022
Valentina Drofa is the Founder and CEO of Drofa Comms, an international PR consultancy for financial and fintech companies.______...
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Chipotle Now Accepting Cryptocurrency Payments at US Locations
2.6.2022
The Tex-Mex chain’s partnership with Flexa allows customers to pay with 98 different digital currencies, including bitcoin, ether and Solana
Just 18% of Respondents Do Not Expect Bitcoin to Become Legal Tender in 3 Years - Survey
2.6.2022
Potentially fueling a bullish approach to bitcoin (BTC) investments, only 17.9% of surveyed individuals said that they do not expect BTC to become legal tender within three years, according to a recent report prepared by The Economist Group and commissioned by crypto platform Crypto.com....
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Avalanche Offers Subnet Support to StepApp
2.6.2022
On June 1, StepApp announced its integration with one of the subnets on the AVAX network. With a bespoke network and validator support from the Avalanche ecosystem, the fitness app expects to enhance scalability and user experience. Using FITFI for gas, the subnet will increase the users’...
Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach
2.6.2022
Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management.
The survey represents the views of 328 chief...