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3 things the crypto sector must offer to truly mainstream with TradFi
5.2.2022
“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions
5.2.2022
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called the “large financial transactions” tax would collect up to 20% over transactions...
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device
5.2.2022
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company called Sphere 3D has detailed that it purchased 60,000 Numiner NM440 mining rigs...
Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting
5.2.2022
India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcoming G20 meeting for finance ministers and central bank governors. Economic...
Bitcoin, Ethereum Technical Analysis: Ethereum Moves Past $3,000 to Start the Weekend
5.2.2022
Following a week of consolidation, bitcoin and ethereum prices both rallied past key resistance levels to start the weekend. Bitcoin moved beyond $40,000, with ethereum climbing over the $3,000 mark. Bitcoin Cryptocurrencies were higher to start the weekend, as markets appear to have moved past...
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
5.2.2022
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it. Suppliers Move Against Mining...
A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum
5.2.2022
A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ether and the funds will be used to help with Assange’s legal fees...
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
5.2.2022
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments...
US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure
5.2.2022
U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawmaker Says Crypto Is Here to Stay U.S. Senator...
Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher
4.2.2022
MANA price booked a 75% bounce off its swing low as interest in the Metaverse is rekindled
Real and Artificial NFT Market Outperformed Crypto in January - DappRadar
4.2.2022
While the crypto market was still down in double digits from its all-time highs, in January, the non-fungible token (NFT) market increased, even excluding artificial trades, per dapp (decentralized application) information provider DappRadar. ...
Read More: Real and Artificial NFT Market...
Scam alert! Binance CEO warns users of massive SMS phishing scam
4.2.2022
The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials
Decentraland Reflects Bullish Sign; Will MANA Bulls Continue?
4.2.2022
Decentraland is a virtual world where you purchase plots of land that you later build, structure, or monetize. It is the Ethereum based digital platform that is completely owned by the users. MANA is an ERC-20 token of this network. You can use it to purchase LAND and pay for the in-world...
Exclusive sAVAX Integration by BENQI and Anchor
4.2.2022
The integration will provide sAVAX tokens tremendous flexibility and utility, allowing users to decide what to do with their staked tokens and letting them do more with them. As part of this agreement, Anchor Protocol will solely employ BENQI’s liquid staking token, sAVAX, to: Allow customers...
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners
4.2.2022
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably...
Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
4.2.2022
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply...
Central Bank of Ecuador Might Regulate Cryptocurrencies This Year
4.2.2022
The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this will bring more clarity to the cryptocurrency scene in the country, and will contribute to preventing...
TurboTax and Coinbase to Give Users Tax Refunds in Crypto
4.2.2022
TurboTax and Coinbase have come with a new way to make cryptocurrencies mainstream. The last couple of years has been formative for the crypto industry, with more users coming in as the pandemic struck and with the arrival of several innovative and utilitarian crypto projects. Cryptocurrency...
Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market
4.2.2022
Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first...
3 reasons why Telos (TLOS) price hit a new all-time high
4.2.2022
TLOS rallied 229% off its January low after new partnerships and the launch of several NFT and DeFi applications caught investors’ attention