South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency,...
Month: July 2022
Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of...
Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025
The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse...
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors. Amid the soaring inflation, the...
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well. Bitcoin (BTC) investors in...
Crypto mixers’ popularity booms as illicit addresses push volumes to ATH: Report
Blockchain analytics firm Chainalysis highlighted that 10% of all funds coming from illicit addresses are sent to crypto mixers. As...
Aussie FPA supports ‘crypto rule book’ and regulation of exchanges
Swyftx co-CEO Ryan Parsons echoed the calls from the FPA, noting that “Our preference is for crypto platforms to operate...
Why Is ‘Bitcoin Crash’ A Trending Search Online?
Since 2009, Bitcoin, often known as digital gold, has been declared dead at least 458 times. However, Bitcoin proved to...
Cred Protocol unveils its first decentralized credit scores
Releasing the results of its first credit score on the Aave Protocol, a decentralized credit scoring mechanism called Cred Protocol...
DeFi market fell off cliff in Q2 but users haven’t given up hope: Report
While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. Despite the...
Nifty News: Old Navy’s BAYC shirts, expensive whisky NFTs, Sandbox publishing
A bottle of very expensive whisky is being auctioned off with an NFT to authenticate true ownership of it, along...
Indian blockchain firm 5ire secures $100M to fund sustainability-focused project
An Indian development firm looks to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol incentivizing...
BTC mining costs reach 10-month lows as miners use more efficient rigs
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering...
34% of gamers want to use crypto in the Metaverse, despite the backlash
According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should...
