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The Moscow Exchange is a good base for crypto trading, Russian lawmaker says
7.7.2022
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
7.7.2022
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
7.7.2022
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker...
Tokenized Crowdfunding Campaign Launched on Avalanche
7.7.2022
Security Token Market has launched the first-ever Web3 tokenized crowdfunding campaign, and it will enable global audiences to participate in the regulated investment process. The participation would be done alongside the industry insiders and venture capitalists. Investors would be able to perform...
Gorilix (SILVA) Triples in Value As Terra Classic (LUNC) & LUNA Begin to Slide Again
7.7.2022
Less than a month into the Gorilix (SILVA) presale, it has continued to follow its upward trend and has more than tripled in price. The presale opened at $0.008 per SILVA token and is currently trading at a little over $0.0245. The token has continued to maintain the interest of the crypto world...
During Crypto Market Volatility, The Role of Decentralized Oracles Is Vital
7.7.2022
The crypto market is having a nightmare in 2022. Bitcoin, the original cryptocurrency, continues to be a leading indicator for the industry. It peaked at more than US$68,000 (£55,600) in November 2021, when the total market value of cryptocurrencies reached nearly US$3 trillion. However, in recent...
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet
7.7.2022
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available...
Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks
7.7.2022
The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices could fall further. Bank of England Calls for Enhanced Crypto...
Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market
7.7.2022
Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...
Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop
7.7.2022
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon...
Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia
7.7.2022
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians...
Hardware crypto wallet sales increase as centralized exchanges scramble
6.7.2022
Hardware wallet providers are seeing increases in revenue in this bear market as crypto investors withdraw assets off centralized exchanges
Difference and Similarities Between Roboape (RBA) & Holo (HOT)
6.7.2022
The adaptability of the cryptocurrency market is something to always keep in mind. While it is true that there are hundreds and thousands of new cryptocurrency projects developed every day, each of these projects are distinguished by the unique set of benefits they provide to crypto users. Today...
Dialect and Solana Mobile Building New Messaging Tooling
6.7.2022
Dialect recently tweeted about entering a partnership with the Solana Mobile team. The collaboration will see the platforms developing core messaging infra with a developer tooling for SMS. In addition, the ventures will launch an open-source, consumer-grade messaging app. SMS stated that with...
AIOZ Network Goes Live On Crypto.com
6.7.2022
AIOZ Network published a blog post to announce that it was live on Crypto.com, now accessible to over 50 million users across the globe. Users can purchase the token, AIOZ, at its actual cost using 20+ fiat currencies, including USD, EUR, and GBP. AIOZ can be spent across more than 80 million...
The First Exchange to Conduct a Proof-of-Reserves Audit in Crypto Industry, Gate.io Starts its Second Third-party Audit
6.7.2022
Gate.io has announced that it will commence another proof-of-reserves audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third-party firm. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100% collateral, Gate.io...
Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move
6.7.2022
Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only solution to the CAR’s money problems. Formal Economy Not an Option Central African Republic...
Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
6.7.2022
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld
6.7.2022
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...
Crypto Expert: Why Gnox & Ethereum Ecosystems Take the Lead in 2022?
6.7.2022
Over the past decade, there has been a meteoric rise in the real-world use cases of blockchain technology. The rising popularity of Bitcoin as a store of value, coupled with rapid growth in smart contract platforms, has set the tone for a digital future. Several reputable blockchain ecosystems have...