Russian lawmakers propose amendments to digital ruble bill

Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend.Cryptocurrency market daily overview. Source: Coin360Bitcoin hovers at decisive $8,400 levelData from Coin360 showed BTC/USD attempting to crack the $8,500 level on Monday, only to see rejection after falling from $8,600 late on Sunday. At press time, the pair…

Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens. 588 Total views 9 Total shares Polygon’s native stablecoin protocol QiDAO faced an exploit on its Superfluid vesting contract leading to a 65% drop in the price of the governance token QI. QI…

According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.” 149 Total views 4 Total shares Xiaomi India — the subcontinent's branch of the major mobile phone manufacturer — is interested in the cryptocurrency industry, but needs regulatory clarity from the government.The firm's managing director, Manu…

October has been a dramatic month for the top brass of BitMEX crypto derivatives exchange, whose founders face multiple charges from U.S. authorities. 1498 Total views 21 Total shares BitMEX's co-founder and former chief technical officer, Samuel Reed, has signed a $5 million unsecured appearance bond for his release from custody pending court proceedings. Reed had…

Thailand’s financial regulator has told a cryptocurrency exchange to cease advertising and warned citizens not to use it due to legal uncertainty, the Thai Securities and Exchange Commission (Thai SEC) reported Tuesday, Nov. 13.In the release, the Thai SEC said it had not officially endorsed Q Exchange, a joint Thai and South Korean venture, within…

Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26.As previously reported, SBI Holdings is an active partner of Ripple via their joint venture, “SBI Ripple Asia,” which was established to promote the use of XRP…

Prominent Bitcoiners and contemporary adopters highlight the need to focus on the fundamental value proposition of Bitcoin to continue its push to mainstream acceptance. 81 Total views 1 Total shares “We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words ring out in the packed Genesis Stage hall at Bitcoin Amsterdam, stressing

The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. 259 Total views 6 Total shares The United States Office of Government Ethics (OGE) issued a legal advisory recommending various instances when senior government officials are required to disclose their investments in nonfungible tokens (NFT).In the legal advisory presented to…