Brazil introduces bill to tokenize gold on blockchain

Brazil, the biggest country in South America, has passed a new bill to tokenize all gold mined in the country. The new bill was initiated by Brazil’s first indigenous lawyer, Joenia Wapichana. The bill intends to eliminate cases of illegal mining ravaging the country. Also, the bill is geared toward bringing clarity to the country’s …

India authorities freeze assets belonging to Vauld

The India Enforcement Directorate (ED) has frozen up to $46.5 million owned by an offshoot firm of Vauld, Flipvolt Technology. The ED made this revelation on its Twitter page, citing Money Laundering as the reason for the move. According to the post, Vauld and its subsidiary in question are under stern investigation by the agency. …

Encryptus partners with Azari Records to explore the NFT ecosystem

Encryptus, a licensed platform for institutional crypto assets, has now collaborated with a record label Azadi Records. The firm announced the development on its official handle. Encryptus will harness the partnership to explore the NFT ecosystem and develop innovative use cases. This, as revealed, will enable holders to access premium content, limited edition merchandise, and …

La Liga giants submit a joint application for Metaverse trademark

The relationship between football and blockchain has attained a new height after Real Madrid, and Barcelona football clubs filed for a co-owned Metaverse trademark. The development manifested after popular trademark lawyer Mike Kondoudis revealed the move via his Twitter page. The lawyer revealed that the application for the Metaverse by the two Spanish clubs is …

Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here’s Why

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum’s revenue. “The future of L2s could very well be a zero-sum game, as whichever L2 houses the majority of decentralized applications could one day …

Bitcoin Price Prediction for Today, August 13: BTC Stays Around $24,500 Level

The Bitcoin price prediction indicates sideways movement as the coin fails to cross above the upper boundary of the channel. Bitcoin Prediction Statistics Data: Bitcoin price now – $34,000 Bitcoin market cap – $467.0 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: …

Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

CryptoSlate spoke exclusively with a member of the Tornado Cash team who has been granted anonymity for their own protection and will be referred to as “TC Member” for the sake of this article. The Tornado Cash contributor told CryptoSlate’s Akiba that “multi-sigs shut down the DAO… we’re all out. Better safe than sorry, unless …

DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash

Several decentralized applications on the Ethereum network have implemented code changes to revoke access from “sanctioned” addresses. The currently identified protocols are Aave, Uniswap, Ren, Oasis, and balancer. Banteg from Yearn identified the GitHub repositories in question via a Tweet early Saturday morning. when defi apps started snitching on you, with links 2021-10-25 uniswap https://t.co/ym0wdNPJS62022-05-10 …

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic. Top Banker Confirms Crypto Trading Still Illegal in Iran …

Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban

Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting. During the last seven days, the Tornado Cash governance token has lost …

Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode

After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on …

BNB/USD Price Analysis for 14th of August:  Binance Coin Bulls Are Tiring

Binance coin has been experiencing a significant bullishness in its market. Looking back in time, as far back as around the 1st of August, we can see that the market has been mostly bullish. However, around the 8th of this month, it appears as if the bullish candles are already showing up more frequently. Binance …

Here’s What Could Trigger Bitcoin and Ethereum Surge to All-Time Highs, According to Crypto Veteran Bobby Lee

Cryptocurrency veteran Bobby Lee says he remains bullish on Bitcoin (BTC), Ethereum (ETH) and the wider crypto market despite the recent downturn. In an interview with Bloomberg, Lee says that if the predictions for a severe crypto winter fail to materialize, Bitcoin and Ethereum will easily go back to their all-time highs recorded in November …

Anthony Scaramucci Warns Against Emotional Trading, Predicts Massive Gains for Bitcoin in Coming Years

SkyBridge Capital founder Anthony Scaramucci tells crypto investors to avoid knee-jerk reactions as he predicts a huge price tag for Bitcoin (BTC) in the coming years. In a new interview with CNBC, the hedge fund veteran cautions investors to “see through the current environment” and resist emotion-based trading. “You’re getting better-than-expected inflation data… I was …

Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Elon Musk: US ’past peak inflation’ after Tesla sells 90% …

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