Court Ruling Threatens 17 Crypto Exchanges in Russia

Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down Blacklisted Crypto Exchanges A number of websites providing options to exchange, cash …

Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa

A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking African countries. Coinshares Ventures and Anthemis Group led the funding round in which they were joined by Mercy Corps Ventures, Lateral Capital, Lofty Inc Capital, and Netx Fund. Using Crypto to Protect Savings in Francophone …

Powerbridge Technologies Set To Launch Bitcoin And Ethereum Mining In Hong Kong

Powercrypto Holdings, a subsidiary of the blockchain software provider Powerbridge Technologies, is launching cryptocurrency mining, specifically Bitcoin (BTC)and Ethereum (ETH), in Hong Kong. These cryptocurrency operations will utilize environmental-friendly, green, and sustainable energy. This announcement was made in a press release on Friday, October 8, 2021 Powerbridge Technologies is a growth-driven technology company primarily engaged in SaaS …

Why The $1 Trillion Coin Is Another Reason To Stay Long Bitcoin

In the past weeks, the Bitcoin bulls have shown great strength pushing BTC’s price back into the $50,0000. In the meantime, the members of the U.S. government have re-opened a pandora box in an attempt to elevate their debt ceiling: to mint a $1 trillion coin and prevent it from defaulting on their national debt. …

Charlie Lee Sums Up Litecoin’s 10 Years History. Part Two: Exchanges + Betrayal

The creator of Litecoin, Charlie Lee, continues to guide us through memory lane. For part one, he took us through Litecoin’s fair launch. Considering the small number of projects that have managed to do that, it was a pretty big achievement. Today, for part two, we’re going to cover the project’s relation with cryptocurrency exchanges. …

New Impulse Wave for Cardano? Analyst Michaël van de Poppe Outlines Path Ahead for Third-Largest Crypto Asset

Cryptocurrency analyst Michaël van de Poppe is analyzing Cardano’s path forward in the wake of Bitcoin rallying to a new 90-day high above $55,000. In a new strategy session, Van de Poppe highlights the potential entry points for Cardano on the USD chart and says he believes the crypto asset is close to a bottom. …

‘Dogefather’ does it again: Why are ‘petcoin’ meme cryptos off the leash?

While the new generation of Shiba Inu dog breed-inspired cryptos continues breaking the charts, the meme coin hype unravels as an influencer-dependent, community-driven market phenomenon. Flokinomics, one of the newer Dogecoin (DOGE) knockoff tokens, which started trading following Musk’s recent tweet, pumped another 1,008% in the past 24 hours, according to CoinGecko’s data. As the …

Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments

In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the country’s policy on digital banking and crypto-related activities. The committee comprises professionals from the public and private sectors. New Committee to Propose Rules for Blockchain Industry in Sri Lanka Sri Lankan authorities have unveiled …

Edward Snowden Calls CBDCs ‘Cryptofascist Currency’ — ‘Closer to Being a Perversion of Cryptocurrency’

On October 9, whistleblower and privacy advocate Edward Snowden published an opinion editorial concerning central bank digital currencies (CBDCs) and claimed CBDCs are “the newest danger cresting the public horizon.” Snowden stressed that rather than being an innovation, CBDC’s are “closer to being a perversion of cryptocurrency” and a “cryptofascist currency.” Snowden Stresses CBDCs ‘Are …

Ethereum Creator Vitalik Buterin Critiques El Salvador’s New Bitcoin Policy

Ethereum creator Vitalik Buterin says the crypto community should examine the merits of El Salvador’s new Bitcoin policy. Last month, El Salvador became the first country in the world to adopt Bitcoin as legal tender despite widespread protests and surveys showing much of the population wasn’t on board. Salvadoran President Nayib Bukele spearheaded the move. …

Here’s How the US Is Going To Regulate Stablecoins, According to Shark Tank’s Kevin O’Leary

Millionaire investor and Shark Tank star Kevin O’Leary is sharing his perspective on the future of stablecoin regulation in the US. In an interview on Kitco News, O’Leary says that he welcomes regulation in the crypto space as it will validate the asset class and give institutional investors a clear ramp to push capital into cryptocurrencies. ADVERTISEMENT …

CoinSwitch Kuber becomes crypto unicorn, Bitcoin returns to a $1T market cap, and a bullish 2017 Ethereum fractal resurfaces: Hodler’s Digest, Oct. 3-9

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Indian crypto exchange CoinSwitch Kuber raises $260M Indian crypto exchange …

Navigating the NFT minefield: It should be made easy for first-time buyers

Whether it’s baseball players or shiny Pokemon cards, collectibles have been a cultural mainstay in human behavior since the Renaissance. Memorabilia from famous films or items of clothing worn by a celebrity can be auctioned and sold for eye-watering amounts. Take the prototype Batmobile from the 1960s Batman TV show, it was sold for $4.2 …

Record Amount of Venture Funding Flooding Into Crypto Companies, Clocks $15,547,000,000 in Nine Months: Report

Blockchain companies this year are being inundated by record amounts of venture funding to the tune of over $15 billion. According to distributed ledger market intelligence platform Blockdata, blockchain networks secured a record $6.58 billion in funding during the third quarter of the year, breaking the previous all-time high of $5.13 billion set in the …

Do you still compare Bitcoin to the tulip bubble? Stop!

To compare Bitcoin (BTC) to the Dutch tulip bulb bubble is to perpetuate a fallacy. Technology evolves more rapidly than nature, and decentralized networks have more financial utility than a bouquet. Bitcoin is a technology, tulips are plants, and no discerning person would take the comparison much further. Tulipmania, a 17th-century market bubble in which …

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