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Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
8.1.2022
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part...
Solana Formally Acknowledges Problems With ‘High Compute’ Transactions Clogging the Network
8.1.2022
Solana, a top ten smart contracts-enabled cryptocurrency by market cap, has acknowledged it is facing a series of problems hindering the performance of its network. The official account of the status of the network, as well as the status page, reported this incident yesterday. This is the latest...
JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues
8.1.2022
A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
8.1.2022
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s...
Report: Illicit Crypto Addresses Received $14 Billion in 2021, Only 0.15% of Transaction Volume Associated With Crime
8.1.2022
According to the latest data from Chainalysis, the total cryptocurrency value received by illicit addresses grew to a new all-time high of $14 billion in 2021. Although the new all-time high is almost twice the $7.8 billion that was recorded in 2020, it represents just 0.15% of the 2021...
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors
8.1.2022
The threat of stablecoin regulation and USDT and USDC centralization are making decentralized stablecoins like MIM, FRAX and UST attractive to DeFi investors
Major South Korean Securities Firms, Investors Warming to Crypto
8.1.2022
South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets....
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Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket
7.1.2022
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week...
Here’s how Terra traders use arbitrage to profit from LUNA and bLUNA
7.1.2022
Clever traders have learned to capitalize on lucrative arbitrage opportunities that occasionally manifest in Terra’s LUNA and bLUNA tokens
NYC Mayor Undeterred by Falling Bitcoin Price, Says Buying the Dip Could Yield ‘Good Profit’
7.1.2022
The mayor of New York City, Eric Adams, is not deterred by bitcoin’s volatility, noting that buying the dip could yield “a good profit.” He reiterated that he will receive his first three paychecks in bitcoin and will make New York City the center of blockchain technology....
These School Children to Take Crypto-related Lessons
7.1.2022
South Korean children in one of the nation’s biggest provinces will learn about crypto from this spring after the local education authority announced a willingness to incorporate more “real-world” financial education in its curriculum....
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Hong Kong-based Coinsuper allegedly blocks customers' withdrawals
7.1.2022
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
7.1.2022
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
Revest Finance Integrates Chainlink Price
7.1.2022
The integration of Revest Finance with Chainlink Price Feeds was announced by Revest Finance. Its team published a blog post to make the announcement. Revest Finance is looking to leverage the variety of features that Chainlink provides. It additionally considered the infrastructure of Chainlink...
Stream Coin (STRM) CEO Ends 2021 with Groundbreaking Announcements
7.1.2022
The end of 2021 marked the beginning of many ventures. STRM CEO Michael Ein Chaybeh ended the year with the first official video announcement from Stream. The video begins with a heartfelt thanks to the investors, the community members, and the Stream Team for turning the Stream Dream into...
NEURONET Is a Cryptocurrency Exchange That Has Brought About a Brand New Level to Artificial Intelligence with Its New Generation Crypto Token $NCH
7.1.2022
The group of NEURONET companies has announced its upcoming launch of their unique DeFi (Decentralized Finance) NEURONET.Exchange, which is entirely based on the use of artificial intelligence along with payment service and mining. All of this is done with its native token $NCH. The NEURONET...
Time to ‘Resolve All Crypto Issues’ Says Russian Parliament
7.1.2022
Russia’s parliament, the State Duma, has said that it wants to “resolve all legal issues with cryptocurrency” – by defining legal terms for cryptoassets, mining, and more. And the chief architect of crypto-related legislation in the country has noted that it is time for miners to start paying...
Investing in Play to Earn with Liberty Gaming Guild
7.1.2022
According to Newzoo’s report, the gaming industry is expected to generate revenues of $175.8 billion in 2021, representing a slight decline of 1.1% during the year. However, the slight decline in gaming industry revenues is no cause for concern. The report forecasted an unprecedented 2.96 billion...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value
7.1.2022
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows. Goldman Sachs’ Bitcoin vs Gold Prediction Goldman Sachs analyst Zach Pandl, co-head...