The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency, …
Yearly archives: 2021
Real Vision’s Raoul Pal Predicts When Regulators Will Reach a ‘Grand Compromise’ on Crypto
Macro guru Raoul Pal says that regulators are starting to see the value of crypto which could lead them to make a grand compromise on the industry. In a new interview on decentralized finance-focused (DeFi) channel The Defiant, the Real Vision CEO says regulators are struggling to apply traditional securities laws to the complex and …
What is the worst nightmare that could happen to crypto? Experts answer
Amanda is the chief people officer at ConsenSys, a global community of developers, businesspeople, programmers, journalists, lawyers and others made to create and promote blockchain infrastructure and peer-to-peer applications. “My worst nightmare is to wake up in five years and realize the crypto industry has become just like the ‘old Wall Street’ — an exclusive …
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Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’
Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Record monthly close hangs by a thread Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the “worst case scenario” …
Bitcoin white paper turns 13 years old: The journey so far
The 13th birthday of the Bitcoin (BTC) white paper has crept up just as the world continues to deal with a global pandemic, inflation fears, an astounding memecoin mania trend and growing institutional adoption of the cryptocurrency space. On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper to a cryptography mailing list hosted by …
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6 Questions for Yoni Assia of eToro
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Yoni Assia, the co-founder and CEO of eToro. Yoni Assia is the co-founder and CEO of eToro, the …
US Dollar Tanking Can Kick Off Parabolic Phase for Bitcoin, Says Analyst Justin Bennett
Crypto analyst and trader Justin Bennett says that weakness in the US dollar can spark a new parabolic rally for Bitcoin (BTC) The popular analyst tells his 85,000 followers that he has his eye on the US dollar index (DXY), which compares the USD to a basket of other major fiat currencies. A weaker dollar …
Americans reinvesting stimulus checks in Bitcoin made $4.5k in profit
An average American taxpayer received three rounds of stimulus checks from the United States government as a means to reignite the economy by increasing consumers’ spending potential. For many, this meant an opportunity to invest in Bitcoin (BTC). A Cointelegraph report from Aug. 26 shows that 11% of the respondents between the ages of 18 …
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Cardano (ADA) is on track with its “digital transformation” of Ethiopia
This month, the IOHK team, headed by Charles Hoskinson, has been in Africa meeting entrepreneurs and politicians in a bid to further the Cardano cause. In doing so, Hoskinson and the team “dropped by” Ethiopia’s Ministry of Education for a follow-up on the student credential system first mentioned in August. “Dropped by the MOE today …
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Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in …
Patreon Considers Allowing Creators to Use Crypto for Monetization
Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021 Creator Economy Summit. This is consistent with a report presented last …
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Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally
According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion of citizens that hold cryptocurrencies globally, the survey also discovered …
Crypto Analyst Predicts Wild Leg Up for Ethereum, Unveils New Price Target for Axie Infinity
A top crypto analyst and trader says Ethereum is setting up for a wild rally as he unveils his new price target for blockchain-based game Axie Infinity. The pseudonymous analyst known as Pentoshi tells his 333,400 Twitter followers that he expects Ethereum (ETH) to go on a massive surge as it threatens to print a …
Over $3,000,000,000 Worth of ETH Torched Since Ethereum Hard Fork Upgrade in August
Data from the Ethereum on-chain tracking tool Etherchain shows that the leading smart contract platform has destroyed hundreds of thousands of ETH since the London hard fork went live on August 5th. The London hard fork implemented the Ethereum Improvement Proposal (EIP) 1559, which introduced a fee-burning protocol to the Ethereum network that permanently torches …
Satoshi Nakamoto’s Bitcoin white paper is now a 13-year-old teenager
The iconic Bitcoin (BTC) white paper celebrates thirteen years of financial disruption after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto. The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in …
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