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Kazakhstan Shuts Down Crypto Mining Farms Till February
26.1.2022
Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...
Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban
26.1.2022
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank...
Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices
26.1.2022
Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) comes against a backdrop of falling cryptocurrency and stock values. Investors More Bullish on Gold...
Binance Becomes Main Sponsor of Argentinian Soccer Association
26.1.2022
Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for...
Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’
26.1.2022
The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.” Eric Trump said that the crypto has nothing to do with the Trump family. “We do not authorize the use and we are in no way affiliated with this group. Legal...
Elon Musk Tempts McDonald’s to Accept Dogecoin — McDonald’s Replies ‘Only if Tesla Accepts Grimacecoin’
26.1.2022
Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking...
NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes
26.1.2022
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose...
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
25.1.2022
While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such as Twitter, Instagram, and Youtube. There aren’t any decentralised social platforms available in the market that allows users to own the NFT while being...
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet
25.1.2022
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision...
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
25.1.2022
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
25.1.2022
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government
25.1.2022
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank...
Crypto firms ignore Africa at their peril as continent set for major adoption
25.1.2022
Experts believe that Africa is primed to lead the next wave of global crypto adoption
Polkadot Releases Encointer to Make Web3 Fully Inclusive
25.1.2022
As Web3 expands its potential beyond finance, Polkadot is aiming to capitalize on the movement. The network recently released a framework to help any geographically targeted group of users distribute, create, and use their digital community tokens. Named Encointer, Polkadot recently released...
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
25.1.2022
The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country
Leadingblock to Use Chainlink for Decentralized Pricing Data
25.1.2022
Chainlink is on a roll as the venture is scoring consecutive collaborations. The oracle network recently gained another client in the form of Leadingblock, a crypto borrowing, and lending platform. Lendingblock released an official post about the integration, which will help them gain decentralized...
Top Russian MPs Dismiss Central Bank’s Calls for a Crypto Ban
25.1.2022
The Russian political talk shop is open – or at least it is for crypto, with many leading lawmakers hitting back at the Central Bank’s calls last week for a blanket ban on cryptoassets and token mining....
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McDonald’s Happily Trolls Crypto Twitter – and the Responses Are (Darkly) Hilarious
25.1.2022
The wits who run the McDonald’s PR machine have been busy – and the firm is now enjoying some free Twitter ad space at the expense of the crypto community, with everyone from bitcoin (BTC) miners and maxis to world leaders indulging in some price- (and burger-)themed gallows humor....
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Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets
25.1.2022
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into...
Report: Google Launches Blockchain Division
25.1.2022
The software behemoth Google has reportedly started a new blockchain-based division inside its Labs group. The division will also deal with other distributed computing and data storage technologies. While the company has been wary of associating with any form of cryptocurrency, Bill Ready...