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BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved. Go to Source Powered by WPeMatico
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center … Read more
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products. Go to Source Powered by WPeMatico
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin. Cryptocurrency Miners in Kazakhstan to Pay Higher Taxes President Tokayev … Read more
President Joe Biden’s executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. Go to Source Powered by WPeMatico
CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace. Go to Source Powered by WPeMatico
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country. Go to Source Powered by WPeMatico
Data shows blockchain-based gaming protocols registered a steady uptick in daily active users and transactions despite the current bear market conditions. Go to Source Powered by WPeMatico
The tweet attracted wild reactions from the community with several accusing the co-founder of playing the blame game while his whereabouts are unknown. Go to Source Powered by WPeMatico
The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on. Go to Source Powered by WPeMatico