South Korea’s Kimchi premium turns to discount
The “Kimchi premium” has flipped to discount again, and could be saying something about crypto market sentiment, at least in South Korea. Go to Source Powered by WPeMatico
Month: February 2023
‘Unworkable’ bill to ban blockchain immutability is introduced in Illinois
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen. Go to Source Powered by WPeMatico
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. Russia’s Monetary Authority to Trial Actual Settlements With Digital … Read more
Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
The logo for a popular Yuga Labs NFT collection is being changed after it was seemingly ripped off from a follow-along children’s drawing creator. Go to Source Powered by WPeMatico
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year. Go to Source Powered by WPeMatico
Crypto’s next bull run will come from the East: Gemini co-founder
Gemini co-founder Cameron Winklevoss believes the next crypto bull run will come from Asia, while America has two options — embrace crypto or be left behind. Go to Source Powered by WPeMatico
Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time
While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion. Go to Source Powered by WPeMatico
What is the network effect?
Crypto’s value increases with more users, creating a positive feedback loop due to the network effect. Go to Source Powered by WPeMatico
Bitcoin’s bullish price action continues to bolster rallies in FIL, OKB, VET and RPL
BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL. Go to Source Powered by WPeMatico
Helium Network sets migration to Solana for March
A 24-hour transition will take place on March 27, when the Helium blockchain will be halted. Proof-of-Coverage and data transfer activities will remain unaffected. Go to Source Powered by WPeMatico
