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'Crypto is Dead. Long live Crypto': Veteran DeFi Developer Andre Cronje Urges More Regulation
18.4.2022
“Crypto is dead. Long live Crypto,” the veteran decentralized finance (DeFi) developer and creator of early DeFi protocol Yearn.Finance (YFI), Andre Cronje, opened a new blog post by saying. He went on to argue that more regulation is needed in the space in which he might have earned significant...
What is driving institutions to invest in crypto? BlockFi's David Olsson explains
18.4.2022
“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Month Low, Following Easter Selloff
18.4.2022
Following a weekend of bearish pressure, BTC’s price fell to its lowest level in over a month. ETH also neared a one-month low, which came as prices once again slipped below $3,000. Overall, the cryptocurrency market cap is down nearly 4% as of writing. Bitcoin Bitcoin fell to a one-month...
Why Crypto DEXs Are Increasingly Embracing a Fixed Staking’s Rate?
18.4.2022
For most people today, savings accounts (mostly offered by financial banks) are the most common way people seek to preserve the value of their cash and make a profit. By simply opening a bank account, investors can start saving to earn a regular fixed interest rate on those savings. While most...
Pac-Man Frog (PAC): A Potential 100% Competitor for Terra (LUNA) and Axie Infinity (AXS)!
18.4.2022
Do you know that Pac-Man Frog (PAC) is a new crypto player in the DeFi and GameFi industry? Pac-Man Frog (PAC) is not waiting for anyone to reach skyrocketing value in the upcoming days weeks, months, and years. This crypto has the potential to become one of the top Metaverse tokens because of...
$76 Million Wiped Out From Beanstalk Stablecoin Protocol in Hacking
18.4.2022
Beanstalk has been built on Ethereum, and it is a decentralized credit-based stablecoin protocol. Beanstalk leverages its credit system to create a blockchain native asset that is liquid and decentralized. Beanstalk encourages the participation of its community members to maintain the peg...
Which Cryptocurrency Should I Purchase: Solana (SOL), Ethereum (ETH), Or Seesaw Protocol (SSW)?
18.4.2022
Introduction Compared to the phenomenal growth of the crypto sector in 2021, the first several quarters of 2022 have been quite regressive… The price of several popular cryptocurrencies, like Ethereum (ETH) and Solana (SOL), have been stagnant for the past week. Still, the all green bull life...
Crypto firm Exmo exits Russia and Belarus by selling part of its business
18.4.2022
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan
Is asymmetric information driving crypto’s wild price swings?
18.4.2022
Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
18.4.2022
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict...
Ethereum Network Reaches Lowest 6-Month Figure in Gas Fee
18.4.2022
A gas fee for the Ethereum network is a fee that compensates for the consumption of energy that is spent in processing and validating a transaction. The users pay the Ethereum gas fee for every transaction they perform. Value depends on the network congestion and demand for particular services...
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments
18.4.2022
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution,...
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
18.4.2022
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business...
Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’
18.4.2022
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to...
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
17.4.2022
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian...
Rich Dad Poor Dad’s Robert Kiyosaki Warns Hyperinflation, Depression Are Here
17.4.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that hyperinflation and depression are here. He also warned that the biggest bubble burst is coming, advising investors to buy gold, silver, and bitcoin. Robert Kiyosaki’s Latest Warnings The author of Rich...
Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia
16.4.2022
A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests...
Argentinians Are Now Using P2P Markets to Multiply Their Savings
16.4.2022
Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers....
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
16.4.2022
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their...