Russian Bitcoin critic says he would have bought BTC for 100 rubles

One of the biggest Bitcoin critics, Russian official Anatoly Aksakov, said he wanted to buy Bitcoin before the ban, but the price was too high. Anatoly Aksakov, a member of Russia’s State Duma and a key spokesman for the country’s cryptocurrency legislation process, claimed that he has never owned any Bitcoin (BTC). Aksakov said that …

Dogecoin Hits $0.428 after 14% Increase – How to Buy Dogecoin

Dogecoin is a meme-based token that has increased by 12,000% since the beginning of the year. One of the reasons behind Dogecoin’s price hike is Elon Musk, the Dogefather. As a major DOGE advocate, Musk has fuelled the token’s price surge through multiple tweet updates. DOGE’s all-time high was achieved on May 8 when the …

Norton 360 to Soon Let Users Mine Ethereum (ETH)

NortonLifeLock has launched a new feature dubbed Norton Crypto Norton Crypto will enable users to safely mine crypto, specifically Ethereum Select users will be invited to mine Ethereum beginning today Norton Crypto aims at easing the process of mining crypto by providing a secure platform to do so NortonLifeLock, the parent company of the globally …

Why On-Chain Governance Is Critical for Blockchain Growth and Longevity

The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking Decentralization’s Innovative Potential There are many bitter arguments over blockchains, whether involving how they should …

European Union to Release Digital Wallet for Payments Next Year

The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with the digital euro project, a …

Daymak to Launch Crypto Mining Vehicle by 2023

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed …

South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body

Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection of customers”, has been made “in terms of section 46 of the (South African) Tax Administration Act.” …

FCA Crypto Registration Deadline Extension Relief for Firms

The financial watchdog of the United Kingdom, the Financial Conduct Authority (FCA), has extended the period for crypto firms in the country to register their operations and come into compliance with its anti-money laundering (AML) and other requirements. In a press release issued today, the financial regulator confirmed that the Temporary Regulatory Regime (TRR) for existing …

New DeFi ‘passport’ could enable under-collateralized crypto loans

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain. Announced June 2, the DeFi passport …

Ripple seeks docs from 15 offshore exchanges it says could be ‘fatal’ to the SEC’s charges

Ripple believes records held by offshore exchanges will prove its executives did not violate Section 5 of the Securities Act by offloading XRP on the U.S. public. Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, have filed a motion requesting the U.S. Securities and Exchange Commission investigate Bitfinex’s parent company, iFinex, and 14 other international …

China to hand out $6.2M in new digital yuan trial in Beijing

Beijing residents should apply to participate in the lottery until midnight on June 7. The Chinese government is launching another digital yuan lottery to stimulate its ongoing digital currency trials, this time in the capital of Beijing. The Beijing Local Financial Supervision and Administration officially announced Tuesday that the government will distribute 40 million digital …

Dogecoin surges 40% on back of Coinbase Pro listing, Musk tweets

The meme coin’s renewed surge comes shortly after a listing on Coinbase and renewed meme posting by Elon Musk on Twitter. Meme cryptocurrency Dogecoin (DOGE) gained more than 40% early on Wednesday morning, following its listing on Coinbase Pro and yet another flurry of tweets from self-appointed DOGE spokesperson Elon Musk. Coinbase announced the listing …

Norton360 antivirus tool will allow its 13 million customers to mine Ethereum

You can now mine Ethereum using Norton’s cybersecurity software. Cybersecurity firm, NortonLifeLock, has launched Norton Crypto, a tool allowing consumers to “safely” mine cryptocurrency through its Norton 360 product. From June 3, select 360 users will be invited to join Norton’s early adopter program for Ethereum mining. Norton also plans to open up the mining …

Satoshi Nakamoto to be immortalized in bronze near the Steve Jobs statue in Budapest

Budapest is set to erect a life-size bronze statue depicting Bitcoin creator Satoshi Nakamoto. The face features a reflective surface that symbolizes the unknown identity of Satoshi. Bitcoin’s anonymous creator Satoshi Nakamoto is set to be depicted in a life-size bronze statue in Budapest, the capital city of Hungary. According to local news outlet Hungary …

Former congressman Ron Paul: Bitcoin is money and should be taxed the same

Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money. Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,” who has advocated for the legalization …

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