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As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds of the population. Under Sanctions, Russians Consider Buying Property, Gold, and Crypto Financial and … Read more
ApeCoin is the latest cryptocurrency released by Yuga Labs to build an ecosystem around the Bored Ape Yach Club NFT collection. After numerous articles published on major publications like The Verge and Tech Crunch hyping the release of the token, ApeCoin lost more than half its value within 30 minutes of being listed on CoinMarketCap. … Read more
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy Insists The crypto space is an … Read more
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President … Read more
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates … Read more
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last … Read more
Offering NFT services without proper infrastructure and purchasing crypto at ATH purely based on popularity were the red flags for the Redditor. Go to Source Powered by WPeMatico
The digital currency exchange Crypto.com has revealed it’s launching a crypto trading platform in the United States to waitlisted users and then a progressive rollout will follow. Furthermore, the company says the trading platform’s VIP users will get access to “exclusive events, rewards, and cutting-edge market insights.” Crypto.com Launches US Exchange Platform — Waitlist Open … Read more
Yield-Farming and High-APY tokens are some of the most popular niche projects in the crypto space. They offer exceptionally high compounding returns and usually generate a lot of hype from the crypto community. Today we take a look at the latest craze in crypto, RingFi, a Yield-Farming token recently listed on CoinMarketCap that gained over … Read more
The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. Go to Source Powered by WPeMatico