India’s central bank, the Reserve Bank of India has proposed a complete ban on cryptocurrency in the country. Persons familiar with the matter, the bank made this known in a presentation to its central board in a meeting on Friday December 17. Citing macroeconomic, financial stability and exchange management as major concerns, the bank stressed […]
Russia has become the latest country considering a possible ban on crypto investments, a Reuters report says. Head of the State Duma’s Committee on the Financial Markets Anatoly Aksakov says the authorities are still in talks on whether to regulate or ban cryptocurrencies completely.This is coming at a time when cryptocurrency are seeing rising popularity […]
Polygon, a protocol for building and connecting Ethereum-compatible blockchain networks, has launched a Layer 2 token swap and decentralized exchange (DEX) aggregator. The Polygon team revealed this development in an announcement on December 15. Henceforth, users of the protocol wallet can swap tokens instantly as the team added the function to the wallet. Powered by […]
CoinMarketCap, the ranking site that lists all popular coins, had quite the glitch overnight when it showed Bitcoin as the second largest crypto at around a value of $852 billion and Ethereum around 48 billion. Ether trading above Bitcoin because there are more coins in circulation. The ranking site apologized for the glitch in a […]
From time to time, it’s worth asking yourself how life would be on the other side. If we were to only state that Bitcoin, Ether and other altcoins can only go up, we’re seriously dreaming.During the 2017-2018 bullrun of Bitcoin, there were no less than 7 serious pullbacks, and now with rising inflation, Omicron scares […]
Asian governments are normally quick to put a stop to anyone trying to take control of their social media. When Chinese tennis star Peng Shuai earlier this year accused a top government official of assaulting her, the sheer mention of the word ‘tennis’ briefly disappeared from the internet behind the ‘great firewall’.India is not yet […]
In an long spinning interview with The Verge, promoting the new Matrix Revolutions movies, actor Keanu Reeves was asked whether he has any crypto. He responded that “a friend of mine bought some for me awhile back” and that he has since HODLed.Keanu also claimed that the Metaverse wasn’t invented by Facebook and that people […]
Bitcoin remained hovering around the $48k mark while US inflation reached its highest level of the past 39 years. Although analysts assumed this news would return investment money to the crypto market, Wall Street is slowly going risk-off this year-end. The news that Chinese real estate developers Evergrande and Kasia have now both missed scheduled payments and […]
Glauber Contessoto became a shining example of crypto richness this year when he admitted to having invested his life savings in the memecoin Dogecoin. When it hit a high of 75 cents, Glauber sat on more than $2.5 million worth of Doge. By now, he has some $800,000 left. Not bad for the small investment […]
Of all the people you would have assumed to become responsible for the first ever regulatory framework law for cryptocurrencies, I bet Steve Jobs is one of the last ones you assumed would be the reason. Still, that’s pretty much where we have arrived. The former CEO of Apple once thought of Apple Pay as […]
