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Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’
8.4.2022
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” Payments...
Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows
8.4.2022
The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of respondents agreed that “cryptocurrency and blockchain technology advancements will be critical to shaping the future of the metaverse.” Survey:...
Russian Trade Ministry Wants Bitcoin Miners to Use Domestic Hardware
8.4.2022
The Russian Ministry of Industry and Trade has stated that it wants to create a legal system that would oblige Bitcoin (BTC) and crypto miners operating in the country to prioritize domestically produced mining hardware and apps – and buy from Russian providers when possible....
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National Bank of Georgia to Regulate Country’s Crypto Sector
8.4.2022
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related...
A Small Survey Shows that US Crypto Investors Have Big Problems with Taxes
7.4.2022
Amid the looming April 18 tax filing deadline in the US, as much as 96% of surveyed crypto investors had not filed their tax returns as of March 27, and 74% want more information on how to file taxes from their crypto exchanges, according to a small survey commissioned by crypto portfolio...
Exchange coins utility, explained
7.4.2022
Exchange coins allow traders to have a say in projects they participate in while simultaneously providing use cases in contest funding and payment
Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
7.4.2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well
Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
7.4.2022
No official public announcement was made regarding the large sum donation
Bitcoin, Ethereum Technical Analysis: ETH, BTC Both Near 2-Week Lows Following Recent Declines
7.4.2022
BTC and ETH were once again lower during today’s trading session, as both were trading close to two-week lows. Bitcoin dropped below $43,000 for the first time since March 24, while ETH hit a bottom near $3,100 on Thursday. Bitcoin Bitcoin continued trading lower on Thursday, as...
Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
7.4.2022
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced...
Exclusive: How the Ukrainian Crypto Fundraising Started, How It's Going, and What's Next
7.4.2022
Prior to the war, the Ukrainian government had been carefully crafting a light-touch regulatory framework aimed at promoting and fostering the crypto sector.
But the war has had an unexpected effect on crypto and government in the war-ravaged nation. It has essentially turbo-charged certain...
Could New Presale Parody Coin Follow in the Footsteps of Tezos and Filecoin?
7.4.2022
Cryptocurrency presale collections are gaining appeal in the crypto world quickly. Often, this is the ideal moment for purchasers to get in early and get a lower price on coins. If you’re an experienced ICO investor, you’re well aware that the presale phase of any Initial Coin Offering...
Cartesi and IoTeX Explain How Their Partnership Paves the Way for Some Powerful Use Cases
7.4.2022
The second half of March 2022 saw a series of global back-to-back crypto and Blockchain events in Dubai. These brought together some of the most prominent figures in the space, including Dr. Raullen Chai, Charles Hoskinson, Ben Goertzel, Justin Sun, and Davinci Jeremie, among many others. Amid...
UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
7.4.2022
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners
FIREPIN Token: the Hot Token to Watch as Algorand & Polygon Suffer Slumps
7.4.2022
The great thing about cryptocurrencies is that anybody can buy them. There’s no discrimination, no socio-economic barrier that keeps you from getting involved, and that’s a major reason why the decentralized industry continues to gain recognition and become a real rival to centralized...
Sky Mavis Holds Funding Round Led by Binance to Restore Lost Funds
7.4.2022
It is normal to trade financial instruments that have existed in the market for a long time. Times have changed, and Crypto trading is emerging as a cool alternative for traders of every background. Trading platforms have noted this to integrate upgraded tools and facilitate the trading of digital...
Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms
7.4.2022
As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms....
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Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
7.4.2022
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
7.4.2022
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
7.4.2022
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun)...