All Bitcoin ATMs in UK to shut down as FCA deems them “illegal”

Bitcoin ATMs first appeared in 2014 and their popularity increased greatly throughout 2020 and 2021. Their popularity attracted swindlers as well as the UK government’s negative attention. The UK hasn’t been particularly welcoming towards crypto or its ATMs. Even before crypto ATMs became popular, the UK released a notice in 2019 including ATMs under the …

Terraform Labs Donates 12 Million LUNA to Luna Foundation Guard

Terraform Labs, the company behind the creation of Terra, has announced a new donation to support the ecosystem of the terra (LUNA) token. Do Kwon, CEO of Terraform Labs, announced that the company has donated 12 million LUNA (approximately $1.2 billion) to the Luna Foundation Guard (LFG) with the goal of continuing to grow its …

Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina

The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. The company that will create the power infrastructure for the mining farm aims to generate more than 114 MW of power for mining operations in the first …

Analytics Firm Says Whales Are Quietly Accumulating Top Ethereum-Based Altcoin Project

Crypto analytics firm Santiment says two of the largest altcoins by market cap now possess diverging near-term prospects. First up, the firm analyzes Chainlink (LINK), the Ethereum-based altcoin powering a decentralized network that enables smart contracts to access real-world data. Santiment says Chainlink whales have steadily increased their holdings of the oracle network’s native token, …

Bitcoin threatens $38K as 3-day chart hints at March 2020 Covid crash repeat

Bitcoin (BTC) further tested $38,000 overnight as the weekend began with uncertainty among traders. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 3-day chart could be “precursor” for weekly  Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $39,000 after several attempts to break $38,000 support. The pair had also seen a brief spurt above …

Ethereum’s Final Tesnet Went Public: Will The Merge Be Here Soon?

Ethereum seems to be totally committed to its plan this year as the full upgrade to Proof-of-Stake gets close. Marius van der Wijden, one of Ethereum’s core developers, announced in a post on March 10 that the final testnet had gone public. The testnet is a blockchain version that allows developers to experiment with new …

How Would War Affect Financial Markets? Interview With Russian Crypto Entrepreneur Elena Obukhova

HodlX Guest Post  Submit Your Post   Interview with Elena Obukhova – entrepreneur, writer, public speaker, founder and CEO at Fintech Advisory Services (FAS) – by Chris Michael Chris “Elena, thank you for agreeing to do this interview during such a difficult time. Everyone is at a loss for words. You have a very impressive background with eight …

Global economic outlook tanks in February as Bitcoin decouples from traditional market

February has been a busy month at the crypto front. Many vital changes took place, which was easily missed by the community as the Russian invasion of Ukraine kept the headlines occupied. The war affected the customer sentiment index and caused minor but significant changes in the market, which lowered the Ethereum gas fees and …

Report: NFT trades top $17 billion in 2021

Everyone knows that the Non-fungible token space was one of the best performing crypto niches last year, a new report from Nonfungible, an NFT data company reveals the extent of the growth. NFTs rise to stardom in 2021 According to the report, the space saw sales of above $17 billion which represents a 21,000% increase …

Tech giant Stripe takes the plunge into crypto

Online payments company Stripe’s move back into cryptocurrencies has deepened with the firm announcing a new comprehensive solution to support crypto-focused businesses, including exchanges, wallet providers and NFT marketplaces. Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and identity verification, fraud prevention, and lots more. https://t.co/3X173SkdPd …

Polygon (MATIC) suffers network outage sparking a wave of angry users

Polygon devs yesterday alerted users to an issue regarding Tendermint implementation, leading to network downtime. Network update:The team is currently looking into an issue with the Tendermint implementation used by one of the two layers of Polygon PoS chain.All users funds and data remain fully secure but there is a potential threat of Polygon PoS …

“Wen Ford Focus?” How one of the Kylin community members might get a new car 

A provocative reply by one of the Kylin community members to the project’s Twitter post that celebrated a recent milestone prompted the network to start a challenge in which one lucky individual is expected to win a car. Designed to provide the data infrastructure for the future DeFi and Web 3 powered by Polkadot, the …

Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case

Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the payment of tens of millions of dollars in ransoms.” Canadian Authority Seizes Bitcoin Worth $28 Million The U.S. Department of Justice (DOJ) …

AMC Theatres Now Accepts Dogecoin and Shiba Inu Crypto Payments

The world’s largest movie exhibition company, AMC Entertainment, has finally begun accepting payments in dogecoin and shiba inu. Supporters of DOGE and SHIB have been waiting for AMC Theatres to accept the two meme cryptocurrencies since September last year. AMC Customers Can Now Pay With Dogecoin and Shiba Inu AMC Theatres now accepts payments in …

US Treasury Launching Cryptocurrency Awareness Program

The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an official of the Treasury. Treasury’s Efforts to Raise Crypto Awareness The U.S. Department of the Treasury is launching an initiative to raise awareness about cryptocurrency …

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