Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation’s fintech sector. дальше »

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Mining Capital Coin CEO accused of $62M investment fraud scheme

“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated. дальше »

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Billionaire Citadel Securities founder compares crypto value to abstract art

“I have to live with the reality that an asset’s worth what people perceive it to be worth,” Ken Griffin stated.

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SEC looks to prevent Ripple from getting vital document about its case

The United States Securities and Exchange Commission (SEC) is unwilling to produce documents that show its former finance director, William Hinman, stated that Bitcoin and Ethereum were not securities, according to a tweet from James Filan, a lawyer representing Ripple. дальше »

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Bitfarms Reports $217 Million Worth of BTC in Holdings with 405 Bitcoin Mined in April

Bitfarms stated that it now has 5,646 BTC in custody, as of April 30, 2022 дальше »

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Wikipedia halts cryptocurrency donations after accepting them for 8 years

The Wikimedia Foundation (WMF), the non-profit organization that manages Wikipedia has announced that it has stopped accepting crypto donations. In an update made by the WMF, the organization said it has “has decided to discontinue direct acceptance of cryptocurrency as a means of donating” and also stated that it shall also close its Bitpay account. дальше »

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Binance Bans Accounts Tied To Russian Gov’t Officials’ Relatives – Will It Hurt Them?

Crypto asset exchange of digital assets Binance has suspended accounts with ties to Russian government officials’ relatives. Faced with escalating international sanctions in response to Russia’s invasion of Ukraine, the trading platform stated that it will continue to screen customers for connections to sanctioned persons. дальше »

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Bitcoin Doesn't Meet Requirements of Reserve Currency: Swiss National Bank Chairman

Chairman of the Swiss Central Bank stated that Bitcoin can hardly be a reserve currency дальше »

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Nepal Issues Warning; Shuts Access To Crypto Gambling And Other Apps

The Nepal Telecommunications Authority (NTA) stated that cryptocurrency activities or related activities shall be considered unlawful in Nepal. Nepal’s regulator of the technology sector issued this warning to the public that engaging in illegal activities, specifically related to cryptocurrency, Bitcoin, and gambling will have legal consequences. дальше »

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India To Be Considerate With Crypto Regulations; Shall Not Impede Innovation

Decisions regarding crypto regulations shall not be rushed, says Nirmala Sitharam, the Finance Minister of India. In an interaction at Stanford University, Sitharam flagged concerns over alleged illegal activities and misuse of the digital asset has stated that India shall be thoughtful regarding imposing crypto regulations. дальше »

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Chinese sports brand LI-NING to enter the NFT marketplace by featuring BAYC #4102

Recently, LI-NING’s official Weibo stated "Invited Bored Ape Yacht Club, a famous family from Web3.0, number#4102 BAYC, as the fashion store manager of the LI-NING pop-up store". According to the inThe post Chinese sports brand LI-NING to enter the NFT marketplace by featuring BAYC #4102 appeared first on AMBCrypto. дальше »

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UAE Real Estate Giant To Accept Bitcoin, Ethereum As Payment For Posh Abodes

Damac Properties, a prominent real estate developer based in Dubai, United Arab Emirates, announced Wednesday that it would begin taking Bitcoin and Ether payments for its luxury properties. Damac stated that enabling the acquisition of premier real estate via bitcoin and other cryptocurrencies will transform the future of global property development. Damac has also announced […] дальше »

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Opera Launches Beta Version Of Its Crypto Web Browser for iOS Users

Opera, a leading web browser company, has launched a beta version of its highly anticipated crypto web browser, which will enable nearly one billion iOS users to access and explore Web3 services. Opera Launches Beta Version Of Its Crypto Web Browser In a recent press release, Opera stated that the new crypto browser is a […] дальше »

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Animoca Brands to keep acquiring game studios

Animoca Brands Co-founder Yat Siu has stated that the metaverse investor and NFT game publisher will continue in its drive to acquire more game studios after it recently picked up three game developers. дальше »

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Bitcoin Slips Below $40k After Hostile Statements From Fed

Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at the upcoming Federal Open Market Committee meeting, the Federal Reserve will consider raising the benchmark interest rate by 50 basis points (0. дальше »

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Binance Hits Back At Reuters, Claims Data Sharing Report With Russia Is ‘Categorically False’

Binance, the world’s largest cryptocurrency exchange, has received extensive media notice in recent months. Reuters stated that in response to the Ukrainian government’s call to freeze all Russian cryptocurrency accounts, Binance would block Russian customer accounts targeted by sanctions but not all of them. дальше »

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Bitcoin Falls Back To $40,000 As Fed Mulls Faster Rate Bumps

Cryptocurrency markets were sluggish Friday after Federal Reserve Chairman Jerome Powell stated that interest rate hikes should be made “more quickly. ” Powell also indicated that a rate hike of 0. дальше »

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Columbia U’s professor heads up a16z’s new crypto research unit

Following his appointment as head of research, Tim Roughgarden stated that a16z’s funding into crypto research will grow by “many multiples of the next couple of years.” дальше »

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Crypto Asset Regulations Are A Priority For India, Says IMF Official

A senior spokesperson of the International Monetary Fund (IMF) highlighted India’s preference to regulate crypto assets and ranked this issue as a medium-term priority.   Tobias Adrian, the Financial Counselor and Director of IMF’s Monetary and Capital Market Department, explained IMF’s point of view on India as “a fairly positive one” and stated: I think there […] дальше »

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The Ethereum community debates when the ‘Merge’ will happen

Ethereum Protocol Developer Tim Beiko said earlier in the week that the Merge will not happen in June, as previously stated. The post The Ethereum community debates when the ‘Merge’ will happen appeared first on CryptoSlate. дальше »

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HSBC Takes Giant Leap Into The Metaverse With A Portfolio For Wealthy Asian Clients

HSBC Holdings has launched a fund aimed at capturing opportunities in the metaverse for its wealthy clients in Singapore and Hong Kong. In a statement on Wednesday, HSBC stated that it had created a portfolio, named the ‘Metaverse Discretionary Strategy’ which would focus on investing in five key segments of the metaverse including computing, virtualization, discovery, […] дальше »

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South Africa finishes technical PoC for wholesale CBDC settlement system

The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs. дальше »

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Mexico’s Richest Man Ricardo Salinas Has 60% in Bitcoin

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Cardano Founder Charles Hoskinson On Why CBDCs ‘Are A Really Bad Idea’

Cardano founder Charles Hoskinson has stated that he does not buy the idea of a Central Bank Digital Currency (CBDC). The growing interest by world governments in developing CBDCs has sparked several debates surrounding excessive government control and privacy. дальше »

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Malaysia Goes Back And Forth With Crypto As Regulator Claims Country Has No Plans To Accept The Asset As Legal Tender

Malaysia’s deputy finance minister has stated that the country will not be accepting cryptocurrencies as legal tender in the future. The Minister went on to list a host of limitations against cryptocurrencies including price fluctuations. дальше »

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Janet Yellen Expresses “Little Skepticism” Over Cryptocurrencies But Cedes That There Are Recognizable Benefits

US Treasury Secretary Janet Yellen has conceded to the argument that Bitcoin has some recognizable benefits. The crypto skeptic stated that the industry still requires government regulation to sanitize the sector. дальше »

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Elon Musk Plans to Develop his own Social Network based on Dogecoin

Elon Musk has stated that he is “considering” establishing a new open-source social network that supports cryptocurrencies such as dogecoin. Elon and His Following After posting a poll on Friday asking his 79 million followers whether they think Twitter “rigorously… дальше »

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KCS Whitepaper Released, Co-Authored With KCS Foundation

The KuCoin exchange has released a KCS Whitepaper, as stated in today’s press release. The document, co-authored with the KCS Foundation, reveals the details of the upcoming KCS token distribution and overall scaling strategy. дальше »

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Research Explains Bitcoin Mining Could Be Helpful For US Energy Independence

Pete Sessions, Texas rep, stated clearly that the growth of the Bitcoin mining sector could expand energy independence in the US. US Congressman Peter Sessions has graced the public with an audacious statement on Bitcoin mining in the country. дальше »

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Bybit receives approval to offer crypto services in the UAE

Bybit has received in-principle approval to offer a wide range of virtual asset services in the United Arab Emirates. The exchange has also stated that it will set up its global headquarters in Dubai. дальше »

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Russia’s Prime Minister Mishustin Calls For Crypto Integration Into Country’s Economy

Russian Prime Minister Mikhail Mishustin has reportedly stated that the Russian financial system is ripe for the integration of Bitcoin and other cryptocurrencies. дальше »

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‘Correctly’ Was Wrong: Circle’s Accountant Tweaks Fine Print of USDC Attestation

Grant Thornton has switched from calling the $52.3 billion stablecoin’s reserve accounts “correctly stated” to the more equivocal “fairly stated.” Here’s why that matters. дальше »

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Federal Reserve chair concerned over the adoption of digital assets

The chair of the US Federal Reserve, Jerome Powell, has expressed concern over the cryptocurrency sector. The official stated that private cryptocurrencies and stablecoins presented a risk to the stability of the financial sector. дальше »

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The Top 10 DeFi Protocols On Cronos Blockchain

The recent rebrand of Crypto.com’s official token to “Cronos” comes at a time when the Cronos blockchain project is growing fast. Indeed, as Crypto.com itself stated on Medium, the name change was designed to reflect both “the decentralization of the coin” itself, and also the “tremendous growth of the Cronos ecosystem”. Crypto.com launched the Cronos […] дальше »

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Edward Snowden says crypto was an “evolving threat” for governments

Edward Snowden, a renowned whistleblower, stated that governments viewed crypto as an “evolving threat. ” He noted that governments were threatened by people abandoning the traditional tools for a private financial system. дальше »

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Truth or fiction? Popular former hacker claims to have $7B in BTC

“I’m quite wealthy. Yeah, I do not have to work if I don’t choose to. I have over seven billion dollars worth of Bitcoin,” stated the hacker known as Gummo. дальше »

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Diem team members raise $200M to launch blockchain derived from it

“Since departing Meta (formerly Facebook) we have been able to put our ideas into motion, ditch bureaucratic red tape, and build an entirely new network,” Aptos stated. дальше »

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Instagram is adding NFTs soon says Mark Zuckerberg

“We’re working on bringing NFTs to Instagram in the near term,” the Meta CEO stated, adding that he hopes NFT minting will be available in the coming months. дальше »

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Crypto.com begins to roll out its exchange in the US

Crypto. com, a global cryptocurrency exchange that’s currently among the fastest growing in the market, has announced a “phased” rollout of its platform to US customers. An announcement the exchange published on Tuesday stated that the platform was already accessible to waitlisted users. дальше »

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Apple Co-Founder Steve Wozniak ‘Feels’ Bitcoin Will Be Worth $100,000

Despite its rollercoaster ride in the market, there are always people who remain steadfast in their belief in Bitcoin. One of them is a pillar of tech behemoth, Apple Inc. Steve Wozniak — the Apple co-founder — has stated that he expects the world’s top cryptocurrency to reach $100,000 in the near future. дальше »

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Apple Co-Founder Steve Wozniak: ‘I Think Bitcoin Is Going To $100,000’

Apple's co-founder Steve Wozniak has stated that he believes bitcoin is en route to hitting the much-coveted $100,000 price point. дальше »

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El Salvador Pegs Bitcoin Sovereign Bond Launch Between March 15-20

El Salvador’s finance minister, Alejandro Zelaya, stated on Friday that the Central American country is looking for the ideal time to introduce a bitcoin-backed bond, which might happen between March 15 and 20, depending on the outcome of the Ukraine conflict. дальше »

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UAE Close To Issuing New Regulatory Framework For Crypto Firms, Says Regulator

The Securities and Commodities Authority (SCA) has stated that the United Arab Emirates (UAE) is moving closer to providing a regulatory and supervisory framework that will control the country’s virtual asset business. дальше »

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Bitcoin Not a “Viable Workaround” to Russia Sanctions Says US Official

A senior administration official has stated that bitcoin and cryptocurrencies are not a viable workaround for Russia to bypass sanctions. “On Russia, in particular, the use of cryptocurrency we do... дальше »

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Treasury Secretary reveals positive tone for crypto executive order

US Treasury Secretary Janet Yellen has given hints about how the Treasury Department will implement the executive order on crypto expected from President Joe Biden this week.  Secretary Yellen reveals readiness to implement pro-crypto executive order In a statement issued by the department late Tuesday and subsequently removed, she stated that: “Biden’s historic executive order […] The post Treasury Secretary reveals positive tone for crypto executive order appeared first on CryptoSlate. дальше »

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FCA express concerns about Binance new partnership in the UK

UK’s leading financial watchdog, the Financial Conduct Authority (FCA), has stated its concerns about the deal between Binance subsidiary, Bifinity, and financial service company, EQONEX. The post FCA express concerns about Binance new partnership in the UK appeared first on CryptoSlate. дальше »

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Citadel to Market Make on Bitcoin

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Kimbal Musk, Elon’s Brother, Says He ‘Violently’ Opposes Cryptocurrency

Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. дальше »

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FTX US president says crypto prices being driven by institutional players

Brett Harrison, the President of FTX US, has stated that the largest share of FTX volumes comes from institutional investors. This week, the cryptocurrency market has made a notable recovery, with the entire market cap pushing above $2 trillion after dropping to below $1. дальше »

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Japanese wealth manager Nomura to explore crypto and NFTs with new unit

The firm stated in a release that it was establishing a new Digital Company, which would begin operations in April, as part of the restructuring. дальше »

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