Browsing: News

Putin bans crypto payments, a district judge calls out the SEC for hypocrisy in the Ripple lawsuit and South Park slams crypto celebrities. These stories and more this week in crypto. Russia Bans Crypto for Payments President Putin signed into law a national ban on using digital assets for payments in Russia. Under the new…

A report by Boston Consulting Group shows that 0.3% of individual wealth is invested in crypto while 25% is in equities. It’s a widespread sentiment for people outside of the crypto community to look at Bitcoin (BTC) prices and conclude that it’s too late to get into crypto. However, a report shows that the industry…

The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH. MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as the risks of Celsius’s liquidity crisis…

The vast majority of cryptocurrencies have dipped more than 90% from their all-time highs, but a core group has managed to stay ahead of the pack. According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time…

An analysis of Andorra’s Digital Assets Act and the potential confusion surrounding Bitcoin, blockchain and crypto according to crypto business owners. A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework…

Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele. Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country.Some 2.6 million users that currently bank with PostFinance, the fifth largest bank in the…

Crypto companies are in trouble, the EU tries to bring order to the Wild West of crypto and TikTok’s biggest creator joins forces with a major crypto exchange. These stories and more this week in crypto. Three Arrows Capital Files for Bankruptcy Crypto investment firm, Three Arrows Capital, which managed around $10 billion in assets…

The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.This is an opinion editorial by Beautyon, the CEO of Azteco and a contributor at Bitcoin Magazine.A group of bitter, twisted computer illiterates in the beleaguered European Union have managed…

Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still operate profitably. ‘Bitcoin Fundamentals Rarely Change’ The drop in…

The move comes after 18 Polkadot parachain auctions were secured on the original SALP protocol. On Friday, Bitfrost, a Web 3.0 derivatives protocol that provides decentralized cross-chain liquidity for staked assets, launched the updated Slot Liquidity Auction Protocol dubbed “SALP 2.0.” Projects such as Moonbeam, Unique network, OAK network, Polkadex, etc., held their parachain crowdloans…

With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across…

PayPal finally allows external crypto withdrawals, regulators investigate Binance over BNB issuance and what do billionaires think about crypto investments? These stories and more this week in crypto. PayPal Allows Crypto Withdrawal PayPal is finally allowing cryptocurrency holders to transfer their digital assets from its platform to other wallets and exchanges. The option to move…

From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana. The Solana (SOL) team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack for Web3 developers, the Solana Mobile…

The co-founder and vice president of growth at NFTNYC shared insights into their community-first values and ethos. NFTNYC, one of the largest nonfungible token (NFT) events of the calendar year, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across sixteen sectors, including art, film, sports and ticketing. Held from…

With the ultimate goal of integrating its digital economic space with the EU, Ukraine plans to expand its interstate blockchain network partnership with other countries. After Norway and Liechtenstein, Ukraine became the third country outside the European Union (EU) to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver…

Introduction Bitcoin has been in the news a lot lately. The value of a single Bitcoin has skyrocketed, and people…