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Call for Creation of Common African Digital Currency, Kenyan Activists Turn to Crypto Funding, Ghana on the Brink
29.7.2022
In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that...
Banking Giant Santander is Set to Offer Crypto Trading to Brazilians as Crypto 'Is Here to Stay'
29.7.2022
Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, plans to start offering crypto trading, possibly already this year.
The bank plans to start offering crypto-related services to its Brazilian customers “in the coming months,” reported Folha de S. Paulo, citing the...
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
29.7.2022
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...
Fed demands Voyager remove 'false' claims deposits are FDIC insured
29.7.2022
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured
IMF Warns of Further Crypto Selloffs and More Coins Failing
29.7.2022
A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International...
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Coinbase Confirms Support for the New KNC
28.7.2022
Coinbase has announced to list a new KNC on Coinbase Retail, Pro, and Prime on August 01, 2022, at 12 pm PT. The decision was taken after Kyber Network worked closely with Coinbase on a comprehensive review of KyberDAO and Kyber Network Crystal, also known as KNC. Coinbase announced its support...
UK National Crime Agency Seizes $33 Million in Cryptocurrency
28.7.2022
The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” that could harm “the U.K.’s economy and institutions,” said...
The IOTA Foundation Partners Walt.id to Bring Seamless Sign-In
28.7.2022
The IOTA Foundation and Walt.id have jointly committed to introducing an SSI-based login system for developers on traditional Web2 and upcoming Web3. This will enable them to onboard more users with full control over their information and data sharing options. The IOTA Foundation chose Walt.id...
European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space
28.7.2022
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s...
Best Crypto for July: Uniglo (GLO), Avalanche (AVAX), and DogeCoin (DOGE)
28.7.2022
This month, some of the best crypto options are coming to the forefront of investors’ imaginations. That’s because we might finally be gearing up for a bull run. And that’s something the market sorely needs. While nobody is sure how long the current bear market conditions will...
Share of Female Enthusiasts In Web3 Grows, KuCoin Survey Reveals
28.7.2022
The involvement of female professionals and enthusiasts in the Web3 development domain continues to grow, as revealed by the latest findings published in KuCoin’s Web3 Career Market report. The survey conducted by one of the leading crypto exchanges took into account over 3,600 female Web3 users...
‘Big Short’ Investor Michael Burry Doubts SEC Has Resources or IQ to Investigate Crypto Listings on Coinbase Correctly
28.7.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto...
Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia
27.7.2022
Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power....
Strawweight Luana Pinheiro Becomes First Female UFC Fighter to Be Paid in Bitcoin
27.7.2022
On Wednesday, the cryptocurrency payments service company Bitwage announced that the Ultimate Fighting Championship (UFC) strawweight Luana Pinheiro will be the first female UFC fighter to be paid in bitcoin. Pinheiro’s boyfriend, a UFC flyweight fighter, started getting paid in bitcoin last...
Russia Gears Up to Regulate NFTs Through Legislative Amendments
27.7.2022
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...
Filecoin Lacks Investors’ Trust; Will FIL Price Soar Again?
27.7.2022
Filecoin addresses a problem that could emerge in the future since cloud storage is a free service from most online technology companies, be it Adobe, Google, Facebook, Gmail, YouTube, or other tech firms. The storage of data in these firms is centralized, which can be accessed by these firms...
Bitcoin tackles unique challenges in emerging markets
27.7.2022
The adoption of Bitcoin continues to be driven by case-by-case needs as Blockchain Economy Istanbul hones in on emerging markets
Cathie Wood sells Coinbase shares amid insider trading allegations
27.7.2022
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June