Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users in UAE A Dubai-based cafe, Bake …
Tag archives: Bitcoin
DeFi Kingdoms Integrates Ramp to Take in-Game Payments to the Next Level
press release PRESS RELEASE. London, UK: 30 March 2022 – Play-to-earn game, DeFi Kingdoms, has partnered with crypto payments infrastructure platform, Ramp to bring an even greater in-game payment experience to players. For one week only* players can enjoy zero fees when purchasing AVAX through Ramp. DeFi Kingdoms has been wildly popular, generating more than …
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Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for …
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Flare Network’s highly anticipated State Connector is live on Songbird
Flare Network has announced that its much anticipated State Connector is live on its Canary network, Songbird. As a layer 1 designed to connect all blockchains, Flare Network is dedicated to providing trustless cross-chain management. With this newly launched protocol, Flare can deliver secure, trustless interoperability. It is designed to be faster and more secure …
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Argentinian Tax Agency Amps Up Scrutiny for Crypto Traders and Holders With New Requirements
The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a …
Ukraine Pushes for Membership in European Blockchain Partnership
Activists and lawmakers in Kyiv are urging the EU to accept Ukraine as a member of the European Blockchain Partnership. They believe the recently adopted law “On Virtual Assets” opens the way for the country to become a blockchain leader on the Old Continent. Kyiv Officials Hope Blockchain Technology Can Help Post-War Reconstruction of Ukraine …
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Central Bank of Sudan Warns of Risks Associated With Cryptocurrency
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an economic crisis that worsened after the civilian government was deposed by the military. Sudan’s Worsening Economic Crisis As Sudan’s currency continues to plummet, the country’s …
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Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot
On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and the Swiss Stock Exchange. Wisdomtree Launches Cardano, Solana, and Polkadot Exchange-Traded Products Wisdomtree …
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“Change the code” and the insane push to make Bitcoin a centralized, proof-of-stake network
Bitcoin has become the target of a new media campaign designed to address its environmental footprint. And while the world’s first and largest cryptocurrency has long been a thorn in the eye of various regulators and environmental groups, this is the first time a coalition emerged with an actual solution to the problems of proof-of-work. …
Regulators concerned about retail investors’ involvement with “complex crypto products”
Retail investors’ involvement in crypto and traditional finance within the past few years has grown to new heights, which is now giving regulators a cause for concern. FINRA urges members to educate retail investors According to the Financial Industry Regulatory Authority (FINRA), the majority of retail investors don’t understand the many complex investment products that …
Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries …
$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft
On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth $540 million today is possibly linked to the Cryptsy theft, according to onchain analytics. 11,325 Bitcoins Move From Dormant 2014 Addresses, …
Robert Kiyosaki Warns US Dollar ‘About to Implode’ — Advises Buying Bitcoin, Ethereum, Solana
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the U.S. dollar is “about to implode.” Among the investments he suggested are cryptocurrencies bitcoin, ethereum, and solana. Robert Kiyosaki Foresees Dollar Imploding, Blames Biden for Inflation The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with …
Indian Maharashtra state pivots to Polygon for digital caste certificates
The government of Maharashtra, one of the most industrialized states in India, has issued 65,000 digital caste certificates based on the Polygon blockchain technology. “I’m excited to announce that the Government of Maharashtra (Gadchiroli district) has set a new global precedent for Web3 adoption—for on-chain E-governance,” wrote Shubham Gupta, an assistant collector and project officer …
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Is Elon Musk planning to launch a free speech social media platform?
Earlier this week, Elon Musk likened Twitter to a modern-day public town square. But, rather than a place for the free exchange of ideas, Musk slammed the platform for failing to uphold free speech resulting in a subversion of democracy. He followed up by asking his Twitter followers what should be done about this problem. …
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