Deputy Minister of Energy Evgeny Grabchak has recommended that Russian authorities incorporate a legal framework for cryptocurrency mining. Grabchak also opined that regional regulations could be more efficient than federal laws. The Russian energy official stressed that these regulations must come soon to keep up with contemporary innovation. Russia could be on the verge of …
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Japan’s top authorities are looking at amending the foreign exchange law to prevent any circumvention of western sanctions by Russia. The amendment is still being reviewed, with no specific details made public. Japan has previously asked crypto exchanges to cooperate with the sanctions against Russia. Japan is taking further steps to ensure that Russia does …
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The Deutsche Bank research report highlights that NFTs could go mainstream through Instagram’s NFT support. Other internet companies such as eBay, Twitter, and Snap are also venturing into digital assets by adding support for non-fungible tokens. The leading financial institution Deutsche Bank believes that NFTs or Non Fungible tokens could soon become extremely popular with …
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Summary: Google has issued an emergency security update for Chrome (version 99.0.4844.84) The security update addresses just a single issue: an actively exploited zero-day vulnerability identified as CVE-2022-1096 Google has not released technical details of the vulnerability Earlier this year North Korean hackers had exploited a similar vulnerability, targeting crypto users and fintech companies On …
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Summary: The EU’s ECON committee is planning a vote on Thursday that could ban anonymous crypto transactions The proposed regulation aims to crack down on ‘unhosted wallets’ that allow crypto transactions to occur without accompanying personal information Unhosted wallets are the regular crypto wallets that allow users to access private keys eg MetaMask, Trezor, MEW, …
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Summary: The US Office of Science and Technology Policy (OSTP) has invited comments on the energy and climate implications of digital assets The US OSTP was tasked by President Biden to submit a report that examines the impact of digital assets on the United States’ goal of reaching net-zero greenhouse emissions by 2050 Comments are …
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Summary: The amount of Tether (USDT) issued on Avalanche has hit $351 million According to Tether’s CTO, USDT on Avalanche ‘has been growing quite aggressively’ He also adds that Tether is once again exhibiting growth and is ‘the people’s choice’ Tether (USDT) now has a total market cap of $81.322 Billion The amount of Tether …
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Summary: The ApeCoin DAO currently has 5 proposals up for voting Members of the ApeCoin DAO are so far against 2 of them which center around staking The first one is AIP-4 which proposes a staking system for Apecoin and the BAYC NFT ecosystem The second one is AIP-5 which presents the total ApeCoin allocation …
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Quick take: President Nayib Bukele met with Binance CEO, Changpeng Zhao Bitcoin was a key topic at the meeting The two also discussed the importance of crypto regulation, crypto adoption and an increase in blockchain education CZ had earlier met the President of Uruguay, Luis Lacalle Pou Earlier today, the President of El Salvador, Nayib …
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India’s parliament has approved a bill that imposes fines on cryptocurrency transactions. The bill comes shortly after taxation authorities introduced a hefty 30% capital gains tax on digital asset transactions. Regulators will implement the policy from April 1, 2022. According to reports released on Friday, Indian legislators have approved a policy geared towards imposing taxation …
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Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect with his fans and work …
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A U.K. court has dismissed a case against Bitcoin developers by Craig Wright. The court says that Tulip Trading Limited has not established a serious issue to be tried on the merits of the claim. Wright and TTL could still appeal against the decision. Craig Wright’s case against Bitcoin developers may have been dismissed by …
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The SOL token has gained 10% in the last 24 hours Solana’s consistent price ascent has been accredited to its recent collaborations with notable gaming industry experts. Solana, one of the most popular and sustainable cryptocurrencies in the market, has surged 10% in the last 24 hours. Despite facing intense market volatility and turbulence, Solana …
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Britain’s top watchdog has released a statement reminding cryptocurrency companies in the country of their obligations when providing digital asset services. The notice focused on seven key points including crypto-asset business registration. UK’s Central Bank has also announced its crypto regulatory framework. UK’s Financial Conduct Authority (FCA) published a notice to regulated institutions that offer …
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Quick take: Bitcoin has hit a local high of $44k Bitcoin is currently in bullish territory above the 50-day and 100-day moving averages The bullishness surrounding Bitcoin and the push towards $44k can be attributed to rumors of Russia accepting BTC for energy exports Bitcoin could hit $48k around the 200-day moving average Bitcoin has …
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