Bank of Russia governor: Banning crypto in Russia is ‘quite doable’
“We cannot welcome investments into cryptocurrencies,” says Central Bank of Russia governor Elvira Nabiullina. Go to Source Powered by WPeMatico
DIGIT
South Park excoriates NFTs as investments in latest vision of post-COVID future
“Another 30 seconds in that room and you would have started considering NFTs as a viable investment” was just one of the jokes the show used comparing NFT investments to insanity. Go to Source Powered by WPeMatico
YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback
Its “decentralized” Treasury has more than $45 million and would pursue similar YFI buybacks in the future. Go to Source Powered by WPeMatico
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively working on the country’s crypto regulation. $43 Billion in Trading Volume, … Read more
Reddit co-founder and Polygon launch $200M Web 3.0 social media initiative
“We are still in the early days of Web 3.0, and the most obvious opportunities right now are in gaming and social,” said Ohanian Go to Source Powered by WPeMatico
Snoop Dogg, Deadmau5 and NFTs — The Sandbox Alpha Game Review
I came to the Sandbox Alpha for the musical experiences of Snoop Dogg and Deadmau5. It was awesome dancing with my voxelated avatar: green hair, pink sports bra, denim shorts, yellow stockings, and red shoes. All with the insane creatures around me dancing, and the feeling of indulging in a real concert with flashing lights … Read more
Senate hearing on stablecoins: Compliance anxiety and Republican pushback
As stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles. Go to Source Powered by WPeMatico
Illegal Crypto Miners Threatened With Jail Time in Russia
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state, another high-ranking parliamentarian has added. Unauthorized Use of Power … Read more
New survey reveals 83% of millennial millionaires now own crypto
The generational gap in investment could create issues for wealth managers, says President of CNBC’s survey partner Spectrem. Go to Source Powered by WPeMatico
Bitwise launches NFT index fund for accredited investors
Accredited investors can now invest in some of the world’s most valuable nonfungible tokens and art collections through the Bitwise Blue-Chip NFT Index Fund. Go to Source Powered by WPeMatico
