While China and the United States are vying for the number one spot when it comes to crypto mining measured in hashrate, one country looks to lure crypto miners with tax breaks. When you think Brazil, you may think soccer, iconic carnival-style festivals, sandy beaches and the Amazon river, but Brazilian Congress is thinking about […] More
You know, there is one thing the blockchain has always been missing. That one final addition that will singlehandedly propel the crypto space into new heights. Beer. Okay, so maybe not really a game changer, but Budweiser beer company wasn’t messing around when it jumped head first into the NFT pool. On November 1st 2021, […] More
As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220. El Salvador Buys the Dip: 1,220 Bitcoins […] More
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative Stance on Cryptocurrencies, Legalization of Bitcoin A “responsible state” should […] More
Is Ethereum so popular that it can be one the top trending hashtags on Twitter for the wrong spelling? Apparently people on Twitter are misspelling the Ethereum hashtag on….like a lot. Etherium — yes with an “i” has been one of the top trending hashtags for two days now and many people are scratching their […] More
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While terrausd’s market cap jumped by 6.7% over the last month, the stablecoin DAI saw an increase of 27.3% in 30 days. The largest stablecoin by […] More
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian Deputies to Vote on Updated ‘Virtual Assets’ Law in November The saga […] More
sponsored Input-Output Hong Kong (IOHK) has listed ADALend on their :Essential Cardano List” of projects that are considered part of the ecosystem supporting and providing Cardano users with products and services. “The Essential Cardano List” gives an overview of the Cardano ecosystem with an accompanying map, a central library of materials, Cardano Foundation, and Emurgo […] More
During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study […] More
CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’ funds at risk. This is why the space is being […] More
Following in the footsteps of their competitor Coinbase, who has a scheduled public offering on April 14th 2021, Kraken recently confirmed its intentions to go public sometime soon. Kraken exchange, which is currently the number four cryptocurrency exchange behind Coinbase, Binance and Huobi in terms of trading volume, was founded in 2011 and his experienced […] More
THETA my friend, where the heck did you come from? You read that title right, at the time of this post, THETA, which is the token of the Theta Network, is in fact up 17006% in a year’s time. If you’ve been around the crypto “block”, you may have seen these types of gains in […] More
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