Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for a new Digital Asset ecosystem down under. The proposed Digital Services Act (DSA) legislative package calls for reforms in crypto market licensing, custody, decentralized autonomous organizations (DAOs), debanking, and taxes. Senator …
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When Russia invaded Ukraine, large numbers of people from around the world immediately pledged their support to the country under siege, donating their time and money to the cause. However, not many of their initial attempts were successful. Some fundraising pages for the country, such as Patreon, were removed for no apparent reason. Anyway, this …
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This surge in NFT sales can partly be attributed to the increased demand for crypto art and collectables. According to Fortunly, there were more than 11 million NFT art sales over the whole of last year. In fact, 2021 even saw Christie’s and Sotheby’s host their own NFT art auctions – which is credited with …
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Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency exchange Binance sent a letter to the Ontario Securities Commission (OSC) Wednesday. In the …
press release PRESS RELEASE. MV/USDT pair will be listed on Gate.io, a leading Cryptocurrency exchange, on March 23, 2022 at 11:00AM (UTC).. The Gensokishi Online Project is a GameFi and metaverse incarnation of the award winning Nintendo Switch/PS4 game “Elemental Knights’. It has set numerous records since releasing its website and various social networking sites …
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Prince Philip of Serbia and Yugoslavia says that bitcoin is freedom. Noting that “we need to take the money away from the state,” the prince stressed: “We need to have hard money again. We need to have good quality money that’s not subject to inflation.” Prince Philip of Serbia Praises Bitcoin Prince Philip of Serbia …
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excessive inflation is particularly heavy for people with modest incomes and wealth and for those with limited ability to adjust to a …
US Treasury Department has stated that despite the widespread use of digital assets for money laundering, the rate is still higher with fiat currencies. The statement is contained in the Treasury Department’s three-yearly reports that cover proliferation financing, terrorist financing, and money laundering. Although the Department pointed out the risks each of these areas pose, …
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Founder and Chief Executive Officer of FTX, Sam Bankman-Fried, says he is frustrated with the notion that the crypto industry is giving Russia a safe pass amidst the series of sanctions imposed on the country. Following Russia’s invasion of Ukraine, cryptocurrencies have been used in several instances, especially as donations to aid Ukraine in its defense of …
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Crypto exchange BlockFi has announced that it recently had an unauthorized third-party breach on some of its customer data. According to the company, the third-party vendor through which the incident occurred, Hubspot, stored user data such as names, phone numbers, email addresses, and other details on their servers. As a result, these details have likely …
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Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021. Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty. Since January 5, the price of BTC has fluctuated …
Continue reading “Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum?”
While the number of Shiba Inu (SHIB) coin holders has been steadily increasing over the last three months, the decentralized token just saw a significant loss of over 32,000 holders in a single day. According to CoinMarketCap data, the number of SHIB holders decreased by 32,832 on Friday, following a steady three-month climb. Between March …
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A closely tracked crypto analyst is mapping out what’s in store for Ethereum rivals Terra (LUNA) and Avalanche (AVAX) as the digital asset markets flash signs of life. In a new strategy session, Altcoin Sherpa says that decentralized finance (DeFi) payment network Terra looks strong on the shorter timeframes as it continues to establish higher …
There are concerns about market manipulation in the recent Yuga Labs acquisition of Meebits and CryptoPunk IP. This concern stems from an observation that between March 5 and March 11, several addresses purchased a total of 159 Meebits NFTs. Since its acquisition by Yuga Labs on March 11, the floor price has more than doubled …
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The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View on Crypto Use to Evade Sanctions Nellie Liang, Treasury …
