OpenSea top-10 NFT projects soar as new liquidity enters the market
The success of MoonBirds and traders’ anticipation of Yuga Labs’ The Otherside land sale is bringing a wave of fresh liquidity to the NFT market. Go to Source Powered by WPeMatico
Cryptocurrencies
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ECB needs ‘globally coordinated regulatory action’ on crypto, says official
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal.” Go to Source Powered by WPeMatico
Stepn impersonators stealing users’ seed phrases, warn security experts
When these cybercriminals obtain the seed phrase, they gain complete control over the Stepn user’s dashboard. Go to Source Powered by WPeMatico
The Central African Republic reportedly passes a bill to regulate crypto use
The new crypto law would reportedly allow citizens to pay their taxes in crypto and allow the use of crypto as a form of payment for businesses. Go to Source Powered by WPeMatico
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian Land, … Read more
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to … Read more
What is impermanent loss and how to avoid it?
Read this guide to understand the risk, known as impermanent loss (IL), that liquidity providers take in exchange for fees earned in liquidity pools. Go to Source Powered by WPeMatico
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. Go to Source Powered by WPeMatico
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ … Read more
Another 6 Members of Finiko Crypto Pyramid Arrested in Russia
Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors around the world. New Arrests in Finiko Case Made in Russian … Read more