Russian lawmakers propose amendments to digital ruble bill
Related Posts
BlockFi users targeted in ‘racist and vulgar’ email attack
Roughly 500 people were in for a random surprise on Mar. 8, receiving a profanity-laced correspondence from BlockFi after their email addresses were used to sign up for fake accounts. 1432 Total views 10 Total shares This week's temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by…
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank's customers to buy, sell and store cryptocurrencies directly through Nubank.Along with the launch of the new cryptocurrency transaction services, Nubank announced it will allocate roughly 1% of its net assets to Bitcoin (BTC) through…
Coinbase to reportedly buy the $2.2B Brazilian unicorn behind Mercado Bitcoin
A Brazilian newspaper, Estadão, reported that Coinbase could complete the acquisition of $2.2 billion 2TM, the company behind Mercado Bitcoin, by April. 768 Total views 23 Total shares Coinbase is set to continue its global acquisition strategy, reportedly buying the Brazilian company 2TM, the parent company of Mercado Bitcoin. According to information from Estadão, the third-largest newspaper…
Microsoft Revives Nonfungible Tokens, Sparks Industry’s Imagination
Ever since the game CryptoKitties was released in November 2017, the concept of nonfungible token has been ingrained in the minds of developers and investors in the crypto community. However, 2019 has been the year that NFTs have gained mainstream attention. And it should come as no surprise that even huge, multinational companies are currently…
Liquidations May Loom as Altcoin Bulls Hold Despite Shorts Spiking
Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with…
Crypto Bear Market Gives UK Regulators Breathing Space to Finalize Crypto Regulation
The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20.As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been pressed to expedite new regulation for the rapidly growing crypto space, raising the risk of a heavy-handed approach that could impede…
Automated order books eliminate DeFi costs and match CEX capability
The decentralized finance (DeFi) industry continues to reach unprecedented highs, with daily volume of transactions increasing on a regular basis. Unfortunately, in spite of the billions of funds currently being crossed back and forth, decentralized exchanges (DEXs) are filled with apparent and invisible costs that are a hindrance to market activity.Consequently, the future of DeFi…
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework. 48 Total views 1 Total shares According to data provided by the Ukrainian government, cryptocurrency exchanges offering services in the country have failed to contribute more…