The cryptocurrency market has had an interesting week. Dragged down by the ongoing Ukraine-Russia conflict, it resurged late on Wednesday after US President Joe Biden issued an economic order calling for the “responsible development of digital assets.” This (mostly) bullish order sent its total cap to $1.92 trillion. However, it has come back down again, …
Continue reading “5 Best Cryptocurrency to Buy for the Weekend Rally March 2022 Week 2”
A few weeks back, the news became public that Facebook stablecoin project Diem was finally shutting down. This came years after the initial Libra project was conceived. According to Financial Times, the one stumbling block that eventually prevented the project was its connection to Facebook. How it all began David Marcus and Morgan Beller conceived …
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On March 10th the MoonPay team contacted all customers to inform them that due to recent events in Eastern Europe they had suspended operations in Ukraine, Russia, and Belarus and are no longer working with customers with physical addresses in those regions. In an explanation of their recent decision, they noted that it was impossible …
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The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet approved new tax relief rules Tuesday for crypto trading, according to an …
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Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, …
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CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. CoinFLEX is backed by crypto heavyweights, including Roger Ver, Mike Komaransky, Polychain Capital, and Dragonfly Capital. Mark Lamb is the CEO …
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Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange to Give $1,000 in …
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The richest Ethereum (ETH) whales in the world are accumulating a top ETH competitor as the overall crypto market continues to pull back. WhaleStats reports on Twitter that scalable smart contract-enabled blockchain Fantom (FTM) became the top target of the 500 biggest ETH address on record over one 24-hour period this week, flipping popular dog-themed …
According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain, Austria, Italy, Luxembourg and the Netherlands. The group is working on “the remit …
If confirmed, someone could have made a serious commitment to BTC worth over $1 billion. Bitcoin (BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase. As shown by monitoring resources including Whale Alert and CryptoQuant on March 11, an unknown wallet has received almost …
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What makes online gambling the force it is are the extensive game, banking, secure play, and bonus variety, all of which can be contributed to crypto. As time goes by, cryptocurrency has become more integrated into our lives, quickly dominating industries like online gambling and investment. Out of the thousands of casinos to choose from …
Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network. On March 10 at 4:20 pm UTC, Polygon (MATIC) network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm …
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The US Department of Labor (DOL) has told 401(k) investors to “exercise extreme care” when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as “significant risks”. In a compliance report, released on Thursday, the DOL offered a stark warning to employers that seek to increase their 401(k) exposure to cryptocurrencies, …
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In what ESPN Major League Baseball reporter Jeff Passan called the “biggest news day” of his life, scammers hijacked his Twitter account to promote an NFT giveaway. With the MLB and the Players Association (MLBPA) engaged in a long-winded deadlock over a labor deal that resulted in canceled games, Passan had just broken news regarding …
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Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN network which it hopes will give its users access to decentralized finance (DeFi) products and a bridge between other networks. The layer-1 Ethereum Virtual Machine (EVM)-compatible and WebAssembly (WASM)-compatible LACHAIN went live on Mar. 10 to help LA …
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