The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed at circumventing CBR’s “special economic measures to counter the outflow of foreign currency abroad,” local media reported on Thursday. The recommendation includes closer oversight over crypto trading, which is named among the vehicles for withdrawing …
Monthly archives: March 2022
The blockchain projects making renewable energy a reality
Much has been said about Bitcoin‘s carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Blockchain doesn‘t pose a threat to the planet — it’s going to play an essential role in helping to bring about a net-zero carbon emission …
Continue reading “The blockchain projects making renewable energy a reality”
‘How I met Satoshi’: The mission to teach 100M people about Bitcoin by 2030
Dušan Matuska is, among many other things, a Bitcoin educator and consultant. The Slovak’s dream is to educate 100 million people about Bitcoin (BTC) by 2030 through talks, podcasts, webinars, workshops and even a Bitcoin education center in a far-flung destination (plans are currently under wraps). Alongside his Bitcoin teaching aspirations, he helps out at …
Continue reading “‘How I met Satoshi’: The mission to teach 100M people about Bitcoin by 2030”
Anonymous Trader Bags Over $800K Using Flash Loan on ApeCoin Airdrop
ApeCoin’s recently token airdrop presented a rare opportunity for an anonymous trader to gain a hefty profit from minuscule transactions fees. The trader supposedly leveraged a fractionalized NFT platform with flash mint support to make over $800,000 while paying $642 in transaction fees. The ApeDAO launched its so-called ApeCoin ERC-2O token for the Ape ecosystem …
Continue reading “Anonymous Trader Bags Over $800K Using Flash Loan on ApeCoin Airdrop”
Coinbase Wallet adds support for Solana And SPL Tokens
Leading crypto exchange Coinbase is adding wallet support for Solana and SPL tokens Users will also be able to import their crypto tokens (SOL) from their existing Phantom and Solflare wallets. The Coinbase team is also working towards adding support for Solana NFTs in near future. Leading crypto exchange Coinbase has added wallet support for …
Continue reading “Coinbase Wallet adds support for Solana And SPL Tokens”
Almost 10% of the Total Ethereum Supply Staked in ETH2 Deposit Contract
8.56% of the total ETH supply is now in ETH2 deposit contracts. The merge on the mainnet — expected later this year — would increase the yield in staking ETH. The amount of ETH waiting to activate is also at an all-time high. The amount of Ethereum staked in the ETH2 deposit contract amounts to …
Continue reading “Almost 10% of the Total Ethereum Supply Staked in ETH2 Deposit Contract”
5 Best Exchange Crypto Coins To Invest in March 2022
A Crypto exchange coin is a currency that’s native to the trading platform. These tokens are used for a variety of reasons including governance, incentive and liquidity on the exchange. This review highlights the best exchange crypto coins available for investors. 1. Lucky Block (LBLOCK) LBLOCK is the native token for Lucky Block ecosystem- a blockchain …
Continue reading “5 Best Exchange Crypto Coins To Invest in March 2022”
US Government Recovers and Returns More Than $500,000 in Bitcoin (BTC) Stolen From Coinbase User
The U.S. Attorney’s Office is successfully recovering more than $500,000 worth of Bitcoin (BTC) that fraudsters stole from an elderly resident of Asheville, North Carolina. According to the civil complaint filed in August, the scammers, who are believed to be operating from overseas, claimed that they were with the Office of the Inspector General. The …
$5,100,000,000 Bitcoin Whale Enters Massive Crypto Accumulation Mode
The largest independent Bitcoin whale in existence is accumulating millions of dollars in BTC at a steady pace. The whale, who is not known to be tied to any crypto exchange or company in the industry, added an additional 87 BTC worth about $3.5 million on Monday. That’s on top of two huge transactions on …
Continue reading “$5,100,000,000 Bitcoin Whale Enters Massive Crypto Accumulation Mode”
Qatar exploring digital banks and central bank digital currencies
The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses. According to the head of the fintech section at QCB, Alanood Abdullah Al Muftah, the central bank is expected to set a direction for its future focus soon on a range of fintech verticals. Al …
Continue reading “Qatar exploring digital banks and central bank digital currencies”
Bitcoin could see $37.5K weekend dip before ‘bigger move’ next week — new report
Bitcoin (BTC) is set for a “bigger move” as soon as next week, fresh analysis says as volatility faces a breakout situation. In its latest market update, trading suite Decentrader told readers that the time would soon come to “pull the trigger” with liquidity as BTC price action goes up or down. Analyst on BTC: …
Continue reading “Bitcoin could see $37.5K weekend dip before ‘bigger move’ next week — new report”
$1.2M Ether Rock NFT Sniped by Bot After Listing Error
An NFT collector lost a digital collectible from the Ether Rock collection worth $1.2 million after a major listing error. The holder put the rock up for sale but failed to set the appropriate trading currency. After setting the price in WEI instead of ETH, the million-dollar rock NFT was sniped by a bot. A …
Continue reading “$1.2M Ether Rock NFT Sniped by Bot After Listing Error”
ApeCoin (APE) Plummets by 83% on the First Day of Trading
Quick take: ApeCoin (APE) has had an eventful first day of trading hitting an all-time high of $39.40 and a low of $6.48 APE has since stabilized at $7.44 after being listed on Gemini, FTX and Binance However, if history is used as a guide, ApeCoin (APE) could experience more losses before prices stabilize The …
Continue reading “ApeCoin (APE) Plummets by 83% on the First Day of Trading”
ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices
Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX. Due to massive surges in the trading activity of the ERC-20 token …
Continue reading “ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices”
Ripple Donates 1B XRP Tokens To Support Its Network Development
Ripple donates 1 billion XRP tokens, worth $800 million, to support development on its network. The funds will be distributed over the next 10 to 20 years. Meanwhile, Ripple is in the middle of a lawsuit with the SEC, which should see a resolution this year. Ripple Labs is donating 1 billion XRP tokens, worth …
Continue reading “Ripple Donates 1B XRP Tokens To Support Its Network Development”
