India’s crypto future hinges on DEA’s September consultation paper
The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation.
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SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’
Interbank payments network provider, the Society for Worldwide Interbank Financial Telecommunications (SWIFT), has dismissed cryptocurrencies as being “useless and unstable.”An FXStreet report published on Sept. 10 cites unnamed SWIFT representatives at a London briefing earlier this week, who reportedly claimed that:“They go down in value like a yoyo, they’re useless and unstable. And even if…
KYVE raise $2.8M to advance Web 3.0 data storage
The projects co-founders Riewe and Letey are youthful entrepreneurs, aged 21 and 16 respectively. 440 Total views 16 Total shares Data archiving protocol, KYVE, has announced a Series B funding raise of $2.875M instigated by institutional capital firms Permanent Ventures and Hypersphere Ventures, and participated by a vast collection of crypto projects and individual angel…
Do Kwon heading into extradition custody in Montenegro after receiving bail: Report
The Terra Labs co-founder will be held for up to six months while the Montenegrin court considers South Korea’s extradition request. 267 Total views 1 Total shares Terraform Labs co-founder Do Kwon will reportedly be taken into extradition custody in Montenegro, according to a report by the regional edition of Radio Free Europe (RFE). He…
US crypto’s future could fall on these 4 digital asset bills
Since 2022, there have been at least 50 digital asset bills reportedly introduced to Congress, aiming to govern everything from stablecoins to the jurisdictions of United States regulators.However, at least four of them are seen as potentially having a major impact on the industry (if passed) — given the attention from lawmakers and the crypto…
Just Two ASIC Bitcoin Mining Rigs Remain Profitable in Current Markets
Amid the cryptocurrency market crash, even the newest crypto mining machines are struggling to seal profits for their operators, according to real-time data published by mining profitability data site ASICMinerValue.com (AMV) today, Dec. 11.AMV is a site that calculates real-time profitability rates for “ASIC” miners, hardware that uses Application-Specific Integrated Circuit (ASIC) chips, tailored to…
Cardano down 75% vs. Bitcoin 2 years after Charles Hoskinson questions BTC longevity
After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.
Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical analysis, the rally could extend even further.On Dec. 1, bids for the ETH/BTC pair hit 0.0835 BTC on Coinbase for the first time this year. The upside move came as a…
Japanese e-commerce site adopts BTC and XRP payments for used cars
The development marks the first time XRP digital currency will be used on a cross-border Japanese e-commerce site. 508 Total views 3 Total shares SBI Motor Japan, a subsidiary of SBI Africa Co., Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and XRP.As per the announcement by SBI…