Category : Blockchain

Blockchain

Russia's Crypto Ban Will Ease Risks But Limit Tech Diffusion: Fitch

The proposed attempt by the Central Bank of Russia (CBR) to ban digital currencies and related operations in the country has been identified by Fitch Ratings as a double-edged move that has its ups and downs. (Read More)

Ethereum’s Adoption Continues to Tick, Addresses Holding 1 to 10 ETH Cross the 1M Mark

Ethereum is not relenting in its quest to attract more players because addresses consisting of one to ten ETH reached a new milestone by hitting the 1 million mark. (Read More)

Bitcoin Needs to Flip $38K-$40K Area, Gaining Sustainable Bullish Momentum

The plan of raising the interest rate proposed by the U.S. Federal Reserve has dented Bitcoin’s upward move because the leading cryptocurrency ranges between the $33K and $38K zone. (Read More)

MetaWeek to Take Place in Dubai on March 7-10, 2022, Shaping the Future Trends for Metaverses and Blockchain

Investors, NFT artists, blockchain brightest minds, DeFi experts and DAO representatives will converge to UAE for a week-long event with a full-scale trailblazing digital and physical networking experience. Community leaders will discuss what will de...

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated. (Read More)

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC). (Read More)

DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga

A decentralized finance project called Wonderland involves a cybercrime associated with Canadian crypto exchange Quadriga, turning DeFi into a financial felon’s wonderland. (Read More)

Wharton Accepts Cryptos as Tuition Fees for Blockchain Courses

The Wharton School officially accepts crypto as a payment method for blockchain courses through Coinbase exchange. (Read More)

Robinhood's Shares Tumble 15%, Posts $423M Net Loss

Robinhood Markets Inc's shares tumbled 15% in after-hours trade as the commission-free brokerage firm saw a $423 million net loss in the last quarter. (Read More)

Crypto Service Providers Willing to Embrace FATF Travel Rule, Study Shows

The Travel Rule, which now governs service providers in the digital currency ecosystem, is arguably not a source of concern as a new report from Notabene shows many firms in the space are in compliance already. (Read More)

SEC Rejects Fidelity's Wise Origin Bitcoin Trust spot ETF

The United States Securities and Exchange Commission (SEC) has published an order disapproving a proposed rule change to list and trade the shares of the Fidelity Investment-backed Wise Origin Bitcoin Trust under the BZX Rule. (Read More)

Fireblocks Raises $500M, Taking Valuation to $8B

Digital asset infrastructure provider Fireblocks said that it raised $500 million from investors which lifted the company's value at $8 billion. (Read More)

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin. (Read More)

Ethereum Whales Continue Buying from Weak Hands, Ramping up their Position by 200,000 ETH

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Reddit Might Gear up for NFT-Based Profile Pictures for Users

Following in the footsteps of Twitter, Reddit is eyeing to permit users to have NFT-based profile pictures through a feature that is being tested. (Read More)

Is Bitcoin Experiencing Short-Term Pain Points for Long-Term Gain?

Despite the short-term pain being experienced in the BTC market, long-term holders remain solid in their investments. (Read More)

Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding. (Read More)

Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder

The head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country. (Read More)

Sandbox Launches Metaverse Accelerator Program, Offering $50M for 100 Startups

Virtual Metaverse gaming platform Sandbox has launched the Metaverse accelerator program, which will provide 100 startups with $50 million in start-up capital to promote the development of the Metaverse. (Read More)

Thailand's Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability

Regulators in Thailand, including The trio of the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF), issued a joint statement on cryptocurrencies that threaten the local financial ecosystem. (Read...

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