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# Coins Legend

Digital money, your future

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## Posts

- [Blog Right Sidebar](https://www.coinslegend.com/blog-right-sidebar/)
- [Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023](https://www.coinslegend.com/news/ordinal-inscriptions-take-the-nft-world-by-storm-over-50000-added-to-the-bitcoin-blockchain-in-2023/) - As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high prices via over-the-counter (OTC) trades. A clone of the popular
- [Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases](https://www.coinslegend.com/news/bit2me-debit-card-launch-gives-users-up-to-9-cashback-on-all-purchases/) - Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than 90 million global businesses and up to 9% cash
- [Chinese Government Launching National Blockchain Innovation Center](https://www.coinslegend.com/news/chinese-government-launching-national-blockchain-innovation-center/) - The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science and Technology has approved the establishment of a blockchain research center called the National
- [Seoul Sanctions North Korea Over Crypto Theft](https://www.coinslegend.com/news/seoul-sanctions-north-korea-over-crypto-theft/) - South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean Hackers With First Cybercrime Sanctions The
- [Bitcoin Network Experiences Slight Dip in Difficulty After Record High](https://www.coinslegend.com/news/bitcoin-network-experiences-slight-dip-in-difficulty-after-record-high/) - Bitcoin’s difficulty decreased 0.49% on Feb. 12, 2023, following a sustained all-time high of 39.35 trillion over the previous two weeks (2,016 blocks). The decrease in difficulty offers a brief respite for bitcoin miners, after the network recorded a 14.94% increase in the last month. Bitcoin Difficulty Drops 0.49% Lower; Top Five Mining Pools Continue
- [Report: Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós](https://www.coinslegend.com/finance/report-reddit-co-founder-alexis-ohanians-seven-seven-six-targets-177m-for-a-crypto-centric-fund-called-kryptos/) - According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called Kryptós will concentrate on investing in cryptocurrencies like bitcoin and ethereum. Seven Seven Six Launches Cryptocurrency Fund Kryptós — Plans to
- [JPMorgan Advises Investors to Sell Crypto, Buy Value Stocks — Says the Fed Overestimates Strength of US Economy](https://www.coinslegend.com/market-updates/jpmorgan-advises-investors-to-sell-crypto-buy-value-stocks-says-the-fed-overestimates-strength-of-us-economy/) - The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their watch,” he said. JPMorgan Strategist’s
- [SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social Media](https://www.coinslegend.com/regulation/sec-warns-crypto-investors-of-scammers-exploiting-their-fear-of-missing-out-on-social-media/) - The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers Often Use Social Media to Defraud Investors The U.S. Securities and Exchange Commission (SEC)
- [The Biggest NFT Crypto MMORPG in 2022 The Legends of Bezogia Launches Globally](https://www.coinslegend.com/news/the-biggest-nft-crypto-mmorpg-in-2022-the-legends-of-bezogia-launches-globally/) - Dubai, Tuesday, August 30th – Zogi Labs Ltd. officially releases The Legends of Bezogia Beta to global audiences seeking to experience an NFT crypto-based MMORPG like never seen before. The Legends of Bezogia takes the crypto gaming industry to new heights with next-level graphics, a rich and deep backstory, countless quirky characters & villains and
- [Report: Constitutional Court Says Central African Republic’s Sango-Coin-for-Citizenship Scheme Is Illegal](https://www.coinslegend.com/news/report-constitutional-court-says-central-african-republics-sango-coin-for-citizenship-scheme-is-illegal/) - A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said the sango-coin-for-citizenship scheme must be stopped because the country’s “nationality has no market value.” Offering Land and Minerals to Sango Coin Investors Ruled Unconstitutional
- [GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger](https://www.coinslegend.com/news/gameswift-ceo-wojciech-gruszka-explains-why-developing-a-steam-like-web3-platform-is-a-gamechanger/) - GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain technology and sharing in-game resources for game developers and lets the players enjoy their gaming experience to
- [Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say](https://www.coinslegend.com/mining/crypto-farms-mining-at-russian-oil-fields-reach-85-mw-of-capacity-analysts-say/) - Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated Gas in Russia to Exceed One Billion Rubles Data centers mining cryptocurrencies
- [Bitcoin Beach to Receive More Than $203 Million in Infrastructure Investments in El Salvador](https://www.coinslegend.com/market-updates/bitcoin-beach-to-receive-more-than-203-million-in-infrastructure-investments-in-el-salvador/) - El Zonte, a beach in El Salvador rebaptized as “Bitcoin Beach” due to its adoption of the cryptocurrency, will receive infrastructure investments as part of a strategic plan of the government of El Salvador. Surf City, another beach location in the La Libertad region, will also receive road improvements and other upgrades. ‘Bitcoin Beach’ to
- [FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them](https://www.coinslegend.com/news/fbi-warns-about-decentralized-finance-exploits-and-the-losses-associated-with-them/) - The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on decentralized finance (defi) platforms. The organization also advised crypto investors to do their own research and verify that the decentralized finance platforms chosen were audited by
- [New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap](https://www.coinslegend.com/news/new-study-says-number-of-cryptocurrencies-now-at-10000-five-coins-account-for-75-of-total-market-cap/) - The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of
- [Bitcoin, Ethereum Technical Analysis: ETH Hovers Near $1,600, as Crypto Markets Consolidate](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-hovers-near-1600-as-crypto-markets-consolidate/) - Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the global market capitalization down 0.23% as of writing. Bitcoin’s price was mostly unchanged, as it remained above $20,000. Bitcoin Cryptocurrency markets consolidated on Wednesday, with bitcoin (BTC)
- [Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments](https://www.coinslegend.com/finance/russian-pm-says-digital-assets-are-safe-alternative-in-foreign-trade-urges-for-ruble-payments/) - Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasing the use of the ruble for international settlements. Head of Russian Government Sees Digital Assets as Tool Ensuring ‘Uninterrupted Payments’ Digital assets can become an alternative to traditional
- [Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session](https://www.coinslegend.com/market-updates/biggest-movers-leo-hits-6-week-high-as-near-jumps-higher-for-third-straight-session/) - LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed Leo (LEO) was
- [Bitcoin’s Mining Difficulty Change Prints 2022’s Second Largest Increase — Metric Nears All-Time High](https://www.coinslegend.com/news/bitcoins-mining-difficulty-change-prints-2022s-second-largest-increase-metric-nears-all-time-high/) - On Wednesday, Bitcoin’s mining difficulty jumped 9.26% higher, recording the second highest difficulty rise in 2022. The latest rise is Bitcoin’s third difficulty increase since August 4, 2022, and it’s now 11.63% harder to find bitcoin block reward. Bitcoin Difficulty Jumps 9.26% — Metric Prints the Second Largest Rise This Year Bitcoin (BTC) has experienced
- [Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies](https://www.coinslegend.com/finance/eurozone-inflation-taps-highest-rate-ever-recorded-reaching-9-1-as-nord-stream-gazprom-halt-gas-supplies/) - The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists suspected and most of the rise was fueled by Europe’s rising energy prices. Europe’s Torrid Inflation Continues to Rise, While the Region Faces an Energy
- [Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push](https://www.coinslegend.com/tw-technology/ticket-marketplace-giant-ticketmaster-chooses-flow-blockchain-for-nft-push/) - This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth started working with the Dapper Labs-managed Flow. Ticketmaster Has Minted More
- [Mad Money’s Jim Cramer Recommends Avoiding Crypto, Other Speculative Investments](https://www.coinslegend.com/market-updates/mad-moneys-jim-cramer-recommends-avoiding-crypto-other-speculative-investments/) - The host of Mad Money, Jim Cramer, has advised investors to avoid cryptocurrency and other speculative investments. “Don’t get memed. Don’t get SPAC’d. Don’t get crypto’d,” Cramer stressed, warning of “a giant washout of all things that are speculative.” Jim Cramer Advises Investors to Avoid Crypto The host of CNBC’s Mad Money show, Jim Cramer,
- [Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower](https://www.coinslegend.com/news/elon-musk-outlines-new-reasons-to-end-twitter-deal-citing-whistleblower/) - Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk, indicate “far-reaching misconduct at Twitter.” Elon Musk
- [Iranian Government Approves ‘Comprehensive and Detailed’ Crypto Regulations](https://www.coinslegend.com/regulation/iranian-government-approves-comprehensive-and-detailed-crypto-regulations/) - The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, including their authorized usage and crypto mining, a government official reportedly said. Iran Finalizes Crypto Regulations The Iranian government has evaluated all issues relating to cryptocurrencies and approved a
- [FBI Profiles Top 10 Most Wanted Fugitive ‘Crypto Queen’ Ruja Ignatova of Onecoin Scam](https://www.coinslegend.com/regulation/fbi-profiles-top-10-most-wanted-fugitive-crypto-queen-ruja-ignatova-of-onecoin-scam/) - The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto scams and Ignatova was recently added to the FBI’s 10 most wanted fugitives list. FBI on Onecoin Crypto Scam and Ruja Ignatova The Federal
- [L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration](https://www.coinslegend.com/tw-technology/l2-scaling-solution-arbitrum-deploys-nitro-rollup-stack-migration/) - The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the
- [Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High](https://www.coinslegend.com/news/biggest-movers-eos-up-nearly-20-token-hits-3-month-high/) - Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day. EOS EOS was one
- [Finder’s Experts: Majority See Dogecoin Losing All Value — ‘It’s Time to Get out of DOGE’](https://www.coinslegend.com/altcoins/finders-experts-majority-see-dogecoin-losing-all-value-its-time-to-get-out-of-doge/) - A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” said one of the experts on the panel, blaming Tesla CEO Elon Musk for the popularity
- [Rich Dad Poor Dad’s Robert Kiyosaki Discusses ‘Best Investment Value Today’](https://www.coinslegend.com/market-updates/rich-dad-poor-dads-robert-kiyosaki-discusses-best-investment-value-today/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has discussed what he believes is the “best investment value today.” What is the Best Investment Value Today? Rich Dad Poor Dad’s Robert Kiyosaki Answers The author of Rich Dad Poor Dad, Robert Kiyosaki, has suggested that investors buy silver, stating that
- [Renowned Investor Jim Rogers Warns ‘the Worst’ Bear Market in His Lifetime Is Incoming](https://www.coinslegend.com/finance/renowned-investor-jim-rogers-warns-the-worst-bear-market-in-his-lifetime-is-incoming/) - Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that more bear markets are coming and the next one will be “the worst” in his lifetime. Noting that many stocks will go down 90%, he stressed that investors will lose a lot of money. Jim Rogers Says ‘the
- [Crypto Downturn Floods Market With Rolex and Patek Watches, Trading Platform Says](https://www.coinslegend.com/news/crypto-downturn-floods-market-with-rolex-and-patek-watches-trading-platform-says/) - The latest troubles in the crypto space have allegedly led to an increased supply of second-hand luxury watches, according to a leading trading platform. As a result, prices of sought-after models by major brands like Rolex and Patek have dropped, the company revealed. Higher Supply After Crypto Crash Hurts Resale Prices of Top Watches From
- [China Bank Account Freeze Controversy: Authorities Reveal Latest Reimbursement Plan, Three Officials Now Under Investigation](https://www.coinslegend.com/regulation/china-bank-account-freeze-controversy-authorities-reveal-latest-reimbursement-plan-three-officials-now-under-investigation/) - In a move seen as an attempt to pacify protesting bank clients, Chinese authorities in Henan province announced their latest repayment plan which sees customers with deposits ranging between $14,827 and $22,240 qualify for reimbursement. In addition, authorities said two unnamed officials from the province are being investigated for allegedly violating the law. Reimbursements Set
- [Biggest Movers: APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week](https://www.coinslegend.com/market-updates/biggest-movers-ape-hovers-close-to-2-month-high-fil-up-nearly-70-in-last-week/) - Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days. Filecoin (FIL)
- [Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs](https://www.coinslegend.com/tw-technology/the-number-of-euro-pegged-stablecoins-has-swelled-1683-since-2020/) - While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin numbers dropped 14.17% during the
- [Luxury Retailer Tiffany & Co. Announces Jeweled Cryptopunk Pendants Tied to NFTs](https://www.coinslegend.com/tw-technology/luxury-retailer-tiffany-co-announces-jeweled-cryptopunk-pendants-tied-to-nfts/) - The luxury jewelry and specialty retailer Tiffany & Co. announced the firm is planning to sell 250 non-fungible token passes called “Nftiff.” Essentially, Cryptopunk holders will be able to acquire one of the 250 Nftiffs for 30 ether or roughly $50K using today’s ethereum exchange rates. Tiffany & Co. Reveals Limited Edition Jeweled Cryptopunk Pendants
- [Bitwage Partners With Edge Wallet and Casa to Streamline Bitcoin Payroll Services to Mainstream Audiences](https://www.coinslegend.com/news/bitwage-partners-with-edge-wallet-and-casa-to-streamline-bitcoin-payroll-services-to-mainstream-audiences/) - The cryptocurrency payroll service Bitwage announced on Monday that the company has partnered with the digital currency wallets Casa and Edge Wallet in order to “bring bitcoin payroll to mainstream audiences.” Now Edge Wallet and Casa users can connect to the Bitwage platform’s services via a deep link or QR code. Crypto Payroll Company Bitwage
- [‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism](https://www.coinslegend.com/news/bitcoin-valley-launches-in-honduras-60-businesses-accept-btc-to-boost-crypto-tourism/) - Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,” said a local business owner. Bitcoin Valley: First
- [Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam](https://www.coinslegend.com/news/pakistani-politician-imran-khans-instagram-account-used-to-promote-crypto-giveaway-scam/) - Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan’s Instagram Account Hacked, Used to Promote Crypto Scam Imran Khan, a former Pakistani prime
- [Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise](https://www.coinslegend.com/news/report-crypto-hardware-wallet-maker-ledger-seeks-100-million-capital-raise/) - The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors. Crypto Hardware Wallet Manufacturer Ledger Is Reportedly Looking to Raise
- [Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence](https://www.coinslegend.com/news/chinese-miner-claims-an-ethereum-pow-fork-is-coming-soon-despite-etcs-existence/) - According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly anticipated proof-of-stake (PoS) transition. Chinese Miner Chandler Guo Says ‘Ethereum
- [Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed](https://www.coinslegend.com/finance/nigerian-central-bank-told-to-consider-floating-the-naira-recent-interest-rate-hike-slammed/) - The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate to 13%, which
- [Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-drops-below-1500-as-prices-extend-recent-declines/) - Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in the process. Bitcoin Bitcoin (BTC) was lower for a fifth
- [Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’](https://www.coinslegend.com/finance/reports-say-beijing-attacking-taiwan-could-lead-to-far-reaching-economic-consequences/) - While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks, reports note that
- [Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High ](https://www.coinslegend.com/market-updates/biggest-movers-dot-drops-below-8-45-resistance-level-as-cro-rises-to-multi-week-high/) - Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week high in the process.
- [Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater](https://www.coinslegend.com/tw-technology/value-locked-in-defi-stalls-before-reaching-the-100-billion-mark-cross-chain-bridge-statistics-crater/) - During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past 24 hours. Value Locked
- [Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist](https://www.coinslegend.com/news/cross-chain-bridge-nomad-loses-190-million-making-it-2022s-third-largest-crypto-heist/) - On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in
- [Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices](https://www.coinslegend.com/tw-technology/kosovo-renews-crypto-mining-ban-amid-rising-energy-prices/) - The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in
- [Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-rebounds-on-friday-climbing-above-1700/) - Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead of the nonfarm payrolls report, bitcoin (BTC) was back
- [Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund](https://www.coinslegend.com/tw-technology/tetris-owner-playstudios-to-launch-blockchain-gaming-division-and-web3-fund/) - Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a blockchain gaming division that will introduce the concept of “rewarded play” to its users, who already enjoy real-world rewards for playing its games. Playstudios will also invest $10 million in Web3 gaming companies.
- [Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway](https://www.coinslegend.com/news/microsoft-gives-grant-to-blockchain-based-web3-game-starheroes-as-historic-partnership-gets-underway/) - PRESS RELEASE. In what many would agree is a groundbreaking achievement, StarHeroes recently obtained a Microsoft grant. As a result, the blockchain-based game now has access to Azure PlayFab, joining the legendary collection of games such as Forza Horizon, Sea of Thieves, and Tom Clancy’s Rainbow Six Siege. This grant is also indicative of the
- [Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives](https://www.coinslegend.com/tw-technology/meta-reportedly-issuing-10-billion-in-bonds-to-invest-in-its-metaverse-products-and-other-initiatives/) - Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue
- [National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay](https://www.coinslegend.com/regulation/national-power-administration-will-propose-a-special-cryptocurrency-mining-fee-in-paraguay/) - The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations that were evading the payment of power bills, being
- [Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start](https://www.coinslegend.com/news/speculators-and-crypto-traders-blamed-for-nairas-plunge-kenyan-institutions-told-to-end-dealings-with-nigerian-fintechs-car-token-sale-off-to-slow-start/) - In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs, Flutterwave and Chipper Cash. The Central African Republic’s token sale is
- [DeHub Makes History By Announcing New $1 Million NFT Raffle](https://www.coinslegend.com/news/dehub-makes-history-by-announcing-new-1-million-nft-raffle/) - PRESS RELEASE. As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are turning to raffles, lotteries & other gambling endeavors as their only means of escape. The problem is, there is no way to prove beyond any doubt that any on the market are legitimate. A raffle
- [Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-crypto-markets-down-ahead-of-fridays-nonfarm-payrolls-report/) - Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report, which is expected to come in at 250,000 jobs. Bitcoin
- [Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App](https://www.coinslegend.com/altcoins/solanas-investigation-indicates-wallet-exploit-tied-to-slope-mobile-app/) - Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the breach were tied to Slope mobile wallet applications. The team further stressed that “there is no evidence the Solana protocol or its cryptography was compromised.” Solana Status Report Says Affected Addresses Were at One
- [Biggest Movers: BNB Hits 2-Month High, ETC Extends Recent Declines](https://www.coinslegend.com/market-updates/biggest-movers-bnb-hits-2-month-high-etc-extends-recent-declines/) - After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for a second straight session. Binance Coin (BNB) BNB, the native
- [Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2](https://www.coinslegend.com/mining/bitcoins-mining-difficulty-rises-for-the-first-time-in-57-days-btc-hashrate-slipped-1-7-lower-in-q2/) - The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash per second (EH/s)
- [Coinbase Partners With World’s Largest Asset Manager Blackrock to Give Aladdin Clients Access to Cryptocurrencies](https://www.coinslegend.com/news/coinbase-partners-with-worlds-largest-asset-manager-blackrock-to-give-aladdin-clients-access-to-cryptocurrencies/) - On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies. Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto Coinbase’s institutional arm will help the world’s
- [Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher](https://www.coinslegend.com/market-updates/fear-of-war-monkeypox-causes-stock-and-crypto-markets-to-churn-while-precious-metal-spike-higher/) - Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market capitalization lost 2.5% in 24 hours, dropping to just above the $1.1
- [IRS Expands Crypto Question on Tax Form](https://www.coinslegend.com/regulation/irs-expands-crypto-question-on-tax-form/) - The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an annual income tax return. New Crypto Tax Question The Internal Revenue Service (IRS) published a draft of Form 1040 for the 2022 tax year last week. Form 1040 is the
- [Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800](https://www.coinslegend.com/market-updates/skybridge-estimates-bitcoins-fair-market-value-at-40k-and-ethereums-at-2800/) - Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management
- [US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market](https://www.coinslegend.com/regulation/us-senators-introduce-bill-to-give-cftc-exclusive-jurisdiction-over-digital-commodities-spot-market/) - U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodities spot market.” Digital Commodities Consumer Protection Act U.S. Senators Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker (D-NJ), and John Thune (R-SD) introduced Wednesday the “Digital Commodities Consumer
- [Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals](https://www.coinslegend.com/finance/portuguese-banks-close-accounts-of-crypto-exchanges-media-reveals/) - Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts. Portuguese Crypto Firms Hit by Bank Account Closures Portugal, a leading European crypto hub,
- [LBank Goes on a Worldwide Grassroot Educational Campaign in July](https://www.coinslegend.com/news/lbank-goes-on-a-worldwide-grassroot-educational-campaign-in-july/) - Top cryptocurrency exchange, LBank, gave its various communities across the world a July to remember. With a lineup of activities, the trading platform kept it interesting, interactional and most importantly, educational for its users. In addition, the exchange supported several philanthropic projects that helped the less fortunate in different regions. While the month was jam-packed
- [Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets](https://www.coinslegend.com/news/meta-expands-instagrams-nft-rollout-to-100-countries-platform-connects-with-third-party-web3-wallets/) - In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3 wallets that support the Ethereum, Polygon, and Flow blockchains. Instagram’s NFT Support Will Connect With Third Party
- [Bitpay Adds APE and EUROC Support — Luxury Retail Giant Gucci Accepts Apecoin Payments](https://www.coinslegend.com/news/bitpay-adds-ape-and-euroc-support-luxury-retail-giant-gucci-accepts-apecoin-payments/) - On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro coin into the firm’s platform and the luxury retailer and designer Gucci has announced it will be the first merchant to accept
- [Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security](https://www.coinslegend.com/regulation/binance-us-delists-crypto-token-out-of-an-abundance-of-caution-after-sec-says-its-a-security/) - Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. Binance Delists AMP ‘out of an Abundance of Caution’ Binance’s U.S. exchange (Binance US) is taking action to ensure that
- [New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms](https://www.coinslegend.com/regulation/new-york-attorney-general-wants-to-hear-from-investors-deceived-by-crypto-platforms/) - New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on cryptocurrencies, but instead lost their hard-earned money,” she stressed. Letitia James Issues Investor Alert on Cryptocurrency New York Attorney General Letitia James issued
- [Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas](https://www.coinslegend.com/regulation/robinhood-crypto-fined-30-million-by-new-york-regulator-for-significant-failures-in-multiple-areas/) - The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The New York State Department of Financial Services (DFS) announced Tuesday that Robinhood Crypto LLC (RHC) will pay a
- [Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors](https://www.coinslegend.com/news/singapore-high-court-grants-crypto-lender-vauld-temporary-protection-from-creditors/) - Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the
- [Socios.com Will Invest $100 Million in FC Barcelona Metaverse Push](https://www.coinslegend.com/news/socios-com-will-invest-100-million-in-fc-barcelona-metaverse-push/) - Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape
- [South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry](https://www.coinslegend.com/news/south-african-professor-accuses-central-bank-official-of-spreading-misinformation-that-damages-crypto-industry/) - A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The professor also accused the senior central bank official of spreading inaccurate information that “does immeasurable damage to an important new industry.” Only 0.15% of Crypto Transactions Are
- [Brazil Might Approve Its Cryptocurrency Law This Week](https://www.coinslegend.com/regulation/brazil-might-approve-its-cryptocurrency-law-this-week/) - This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss
- [Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies](https://www.coinslegend.com/regulation/tax-agency-vows-to-go-hard-after-koreans-using-crypto-to-evade-levies/) - South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been actively used for money laundering. Korean Citizens Accused of Investing in Crypto Assets
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-rebound-as-global-markets-react-to-pelosis-visit-to-taiwan/) - Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tuesday, after securing a one-month high, while the S&P 500 also faced a turbulent session. Bitcoin Bitcoin (BTC) was
- [Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised](https://www.coinslegend.com/altcoins/solana-suffers-exploit-close-to-8000-sol-based-wallets-have-been-compromised/) - The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root cause.” Solana Investigates Massive Wallet Exploit, Root Cause of the Hack
- [The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink](https://www.coinslegend.com/finance/the-fed-is-resolute-on-hiking-interest-rates-tightening-monetary-policy-to-tame-inflation-gold-and-stocks-sink/) - Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than usual rate hikes until inflation is remedied. The Fed Is
- [Biggest Movers: APE Hits 2-Month High, as UNI Nears Highest Point Since April](https://www.coinslegend.com/market-updates/biggest-movers-ape-hits-2-month-high-as-uni-nears-highest-point-since-april/) - Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE) Apecoin (APE) was
- [Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data](https://www.coinslegend.com/regulation/europes-securities-regulator-esma-seeks-to-obtain-crypto-transaction-data/) - The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches Public Procurement for Providers of Crypto Trading Data The securities watchdog of
- [Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product](https://www.coinslegend.com/news/fintech-firm-galoy-raises-4-million-startup-introduces-bitcoin-backed-synthetic-dollar-product/) - On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to
- [Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO](https://www.coinslegend.com/news/microstrategy-outperforms-every-asset-class-and-big-tech-stock-since-adopting-bitcoin-strategy-says-ceo/) - Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor. The pro-bitcoin executive will be stepping down as the CEO of Microstrategy and take the role of the company’s executive chairman to focus on
- [Mastercard Views Crypto More as Asset Class Than Form of Payment](https://www.coinslegend.com/news/mastercard-views-crypto-more-as-asset-class-than-form-of-payment/) - Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added. Mastercard’s CFO on Crypto as Asset Class vs. Means of Payment Mastercard Chief Financial Officer (CFO) Sachin Mehra
- [ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million](https://www.coinslegend.com/news/ens-domain-registrations-skyrocketed-last-month-total-names-created-nears-2-million/) - The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently detailed that July saw the largest monthly rise in revenue scoring 5,400 ether worth roughly $2.48 million during the course of the month. ENS Registrations
- [CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible](https://www.coinslegend.com/finance/cbdc-could-be-holy-grail-of-cross-border-payments-ecb-says-sees-bitcoin-as-less-credible/) - Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report, the eurozone’s monetary authority also claims stablecoins, among other options, are “problematic.” ‘Holy Grail’ of Cross-Border Payments in Reach Through CBDC, European Central Bank Insists
- [Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally](https://www.coinslegend.com/news/study-nigeria-most-crypto-obsessed-english-speaking-country-globally/) - A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study findings show Kenya as the second-highest ranked African country. According to Bobby Ong, co-founder of Coingecko, the countries topping the list seem more interested in buying the dip and this highlights “their long-term
- [Harvard University and Filecoin Foundation for the Decentralized Web Plan to Preserve Digital Information](https://www.coinslegend.com/news/harvard-university-and-filecoin-foundation-for-the-decentralized-web-plan-to-preserve-digital-information/) - On July 27, the Filecoin Foundation for the Decentralized Web (FFDW) announced it will be supporting an initiative with Harvard University’s Library Innovation Lab (LIL) called the “Democratizing Open Knowledge” program. With FFDW’s support, LIL plans to explore decentralized technologies that can preserve digital information. Democratizing Open Knowledge While there’s a lot of information to
- [Report: The Central African Republic Requests Regional Central Bank’s Assistance in Crafting Crypto Regulations](https://www.coinslegend.com/market-updates/report-the-central-african-republic-requests-regional-central-banks-assistance-in-crafting-crypto-regulations/) - A new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing a cryptocurrency regulatory framework. The report also said the CAR had expressed its “commitment to the single currency and respect for the statutes of the
- [Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/analysts-brics-currency-meant-to-rival-usd-trump-warns-of-depression-as-kiyosaki-predicts-bond-crash-waits-to-buy-bitcoin-bitcoin-com-news-week-in-review/) - BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in
- [While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low](https://www.coinslegend.com/altcoins/while-the-bear-markets-claws-drag-eth-prices-down-ethereum-network-fees-remain-low/) - While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET),
- [US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%](https://www.coinslegend.com/finance/us-personal-consumption-expenditures-tap-record-highs-stanford-economist-says-fed-should-increase-rates-above-9/) - On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John Cochrane, said the Federal Reserve
- [Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions](https://www.coinslegend.com/news/survey-that-asks-if-the-merge-could-cause-an-ethereum-chain-split-sparks-pos-delay-discussions/) - While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33% of the survey’s respondents think
- [The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido](https://www.coinslegend.com/market-updates/the-battle-for-the-2-billion-venezuelan-gold-stash-continues-london-rules-in-favor-of-opposition-leader-guaido/) - Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designated by opposition leader Juan Guaido. The management of this gold stash, which is comprised of 31 tonnes of this precious
- [Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO](https://www.coinslegend.com/news/aave-dao-approves-the-launch-of-a-collateral-backed-stablecoin-called-gho/) - On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due
- [US, UK Regulators Partner on Broader Crypto Regulation](https://www.coinslegend.com/regulation/us-uk-regulators-partner-on-broader-crypto-regulation/) - Regulators in the U.S. and U.K. have met to discuss broader crypto regulatory initiatives. They reaffirmed their commitment to “continued cooperation to support safe financial innovation, as well as to strengthen regulatory outcomes for stablecoins across jurisdictions.” US and UK Regulators Collaborate on Crypto Regulation The U.S. Department of the Treasury published a joint statement
- [Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week](https://www.coinslegend.com/news/charles-schwabs-655b-asset-management-arm-to-start-trading-crypto-related-etf-this-week/) - Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund is expected to start trading this week on the NYSE Arca exchange. Charles Schwab Launches Its First Crypto-Related ETF Schwab Asset Management, a subsidiary of The Charles Schwab Corp., announced last week the launch of the Schwab
- [Mint Your Lucky Number NFT Domain Exclusively at Quik․com Like 888․metaverse](https://www.coinslegend.com/news/mint-your-lucky-number-nft-domain-exclusively-at-quik․com-like-888․metaverse/) - Quik.com is offering minting of NFT domains, which will allow users to host their decentralized web pages and even change their digital wallet’s heavy addresses, while the evolving virtual universe, the decentralized web3, and its related technologies are still in the early stages of adaptation. Users will have the opportunity to obtain their lucky number
- [Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says](https://www.coinslegend.com/news/vinnik-to-be-hostage-in-us-amid-russias-war-in-ukraine-greek-lawyer-says/) - If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou is trying to prevent his subsequent transfer to U.S. custody. Alexander Vinnik’s
- [Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’](https://www.coinslegend.com/tw-technology/ethereum-co-founder-vitalik-buterin-criticizes-corporate-metaverse-attempts-anything-facebook-creates-now-will-misfire/) - On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere. Ethereum’s Vitalik Buterin Shares His Thoughts on Existing Corporate Metaverse Attempts This
- [YOLOREKT dApp Is Live Now. Discover More About the Gamified-Social Price Prediction Platform.](https://www.coinslegend.com/news/yolorekt-dapp-is-live-now-discover-more-about-the-gamified-social-price-prediction-platform/) - PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay enhancements, the ALL-NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games. The ALL-NEW YOLOREKT The new YOLOREKT means lots of fun and lots of winning potential. Based on 3-minute rounds, users
- [Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products](https://www.coinslegend.com/regulation/central-bank-of-uruguay-summons-to-binance-due-to-its-savings-focused-cryptocurrency-products/) - The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by companies that issue equity in
- [Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs](https://www.coinslegend.com/regulation/kenyan-central-bank-orders-financial-institutions-to-stop-dealing-with-two-nigerian-fintechs/) - In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigerian fintechs, Flutterwave and Chipper Cash. The letter reiterates the CBK governor Patrick Njoroge and the Asset Recovery Agency (ARA)’s assertions that the
- [Metaverse Company Condense Raises $4.5 Million to Accelerate VR Streaming Adoption](https://www.coinslegend.com/tw-technology/metaverse-company-condense-raises-4-5-million-to-accelerate-vr-streaming-adoption/) - Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding to deepen its relationship with artists, labels, content creators, and metaverse
- [A One-of-a-Kind GameFi Ecosystem Is Set to Blow the Competition out of the Water – Introducing Ryber](https://www.coinslegend.com/news/a-one-of-a-kind-gamefi-ecosystem-is-set-to-blow-the-competition-out-of-the-water-introducing-ryber/) - PRESS RELEASE. It’s not often that you see something truly unique gearing up for an NFT mint. The Ryber ecosystem has us all talking, not just because of its incredible looks and gameplay, but because of the brand’s ethos, the earning potential and the component parts of its ecosystem. The Ryber team currently connects over
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24,000 and $1,700 Respectively](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-enter-august-trading-below-24000-and-1700-respectively/) - Bitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session. The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000. Ethereum was also in the red on Monday. Bitcoin Bitcoin (BTC) was trading in
- [The Power of Loyalty Points and the Importance of Getting Them Right – Dennis Jarvis, CEO of Bitcoin.com](https://www.coinslegend.com/news/the-power-of-loyalty-points-and-the-importance-of-getting-them-right-dennis-jarvis-ceo-of-bitcoin-com/) - Prominent DeFi projects such as Uniswap, Curve, Aave, and MakerDAO declined in ETH terms since at least Q1 2021. Some see this as a fundamental failing of DeFi protocols to capture value and an inability to create moats. There are questions whether the composable and open nature of crypto prevents sufficient moats from being made
- [Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency](https://www.coinslegend.com/regulation/central-bank-of-honduras-warns-about-the-dangers-of-using-cryptocurrency/) - The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing of any sort, and are also affected by high levels
- [Yuga Labs Drops Otherside Litepaper — Document Covers the ‘Foundational Principles’ of the Metaverse Platform](https://www.coinslegend.com/news/yuga-labs-drops-otherside-litepaper-document-covers-the-foundational-principles-of-the-metaverse-platform/) - Following the introduction of the Otherside metaverse and the apecoin (APE) launch, Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), published the Otherside’s litepaper. The team says the “document serves as a starter guide for the Otherside, [and] it covers foundational principles of the platform, capabilities of its developers,
- [Paraguayan Senate Approves Cryptocurrency Bill](https://www.coinslegend.com/regulation/paraguayan-senate-approves-cryptocurrency-bill/) - The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill Passes Senate
- [Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation](https://www.coinslegend.com/regulation/gary-gensler-outlines-what-to-expect-from-sec-on-us-crypto-regulation/) - The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on Crypto Regulation SEC Chairman
- [US and UK to Deepen Ties on Crypto Regulation, Says British Regulator](https://www.coinslegend.com/regulation/us-and-uk-to-deepen-ties-on-crypto-regulation-says-british-regulator/) - Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration
- [Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says](https://www.coinslegend.com/mining/sweden-needs-power-for-more-useful-things-than-bitcoin-mining-energy-minister-says/) - Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners
- [South African Court Releases Former Monero Developer Riccardo Spagni From Custody](https://www.coinslegend.com/regulation/south-african-court-releases-former-monero-developer-riccardo-spagni-from-custody/) - A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that
- [Globant Survey: Most Gamers Believe Metaverse Will Change the Gaming Industry Positively](https://www.coinslegend.com/tw-technology/globant-survey-most-gamers-believe-metaverse-will-change-the-gaming-industry-positively/) - A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the metaverse and that
- [DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers](https://www.coinslegend.com/regulation/doj-seizes-500k-in-ransom-payments-cryptocurrency-from-state-sponsored-north-korean-hackers/) - The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorney General Lisa O. Monaco said, adding that the seized funds include ransoms paid by health care providers in Kansas and Colorado. DOJ Seizes Crypto
- [Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales](https://www.coinslegend.com/news/yuga-labs-may-face-a-potential-class-action-lawsuit-over-apecoin-and-nft-sales/) - According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment to unsuspecting investors.” Law Firm Seeks Investors Who “Suffered Losses” From Yuga Labs Products The
- [Biggest Movers: ATOM Drops for Fourth Straight Session, Hitting 1-Week Low](https://www.coinslegend.com/market-updates/biggest-movers-atom-drops-for-fourth-straight-session-hitting-1-week-low/) - Cosmos was trading lower for a fourth consecutive session on Monday, as prices approached a one-week low. Decentraland was also trading close to a one-week low on Monday, as the global cryptocurrency market fell by over 3% as of writing. Cosmos (ATOM) Cosmos (ATOM) declined for a fourth straight session, as the token moved towards
- [Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason](https://www.coinslegend.com/exchanges/since-2014-roughly-42-of-failed-crypto-exchanges-have-disappeared-without-a-trace-for-no-apparent-reason/) - Just recently, coinjournal.net published a report that shows the number of cryptocurrency exchanges that have failed during the last eight years. Interestingly, the researcher’s data shows that 42% of failed crypto asset trading platforms disappeared without a trace, giving users no explanation as to why the exchange shut down. During the Past 8 Years, Research
- [Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition](https://www.coinslegend.com/finance/biden-administration-accused-of-propaganda-and-redefining-a-recessions-technical-definition/) - After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gross domestic product (GDP) does not indicate the U.S. is in a recession. This is despite the fact that two negative GDPs have always been considered a
- [Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC, SOL, AVAX, and DOGE](https://www.coinslegend.com/news/chipotles-buy-the-dip-game-plans-to-reward-players-with-200k-in-eth-btc-sol-avax-and-doge/) - Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on
- [Tesla Reveals Bitcoin Holdings Worth $222 Million in Latest SEC Filing](https://www.coinslegend.com/news/tesla-reveals-bitcoin-holdings-worth-222-million-in-latest-sec-filing/) - Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc. filed its second-quarter report with the
- [Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’](https://www.coinslegend.com/regulation/philippine-central-bank-governor-explains-crypto-policy-i-dont-want-it-banned/) - The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to lose in crypto. Philippine Central Bank Governor on Crypto Regulation Felipe Medalla, the governor of the Bangko Sentral ng Pilipinas (BSP), the
- [FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’](https://www.coinslegend.com/news/fbi-warns-crypto-owners-not-to-fall-for-liquidity-mining-scam/) - The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity Mining Scam The Federal Bureau of Investigation (FBI) issued an investor alert
- [FTX CEO Sam Bankman-Fried Believes Crypto Will Thrive in Latam](https://www.coinslegend.com/exchanges/ftx-ceo-sam-bankman-fried-believes-crypto-will-thrive-in-latam/) - Sam Bankman-Fried, CEO of FTX, believes that the future of crypto is bright in Latam. In a recent interview, Bankman-Fried recognized the rising adoption and demand that cryptocurrencies are experiencing in Latam, stating that use is expected to grow for remittances and payments in the future. Sam Bankman-Fried Talks Crypto in Latam Latam is one
- [NFT Market Projected to Reach $200 Billion in 2030](https://www.coinslegend.com/news/nft-market-projected-to-reach-200-billion-in-2030/) - A new report is predicting that the total value of the NFT market will reach $200 billion in 2030. The report, issued by Grand View Research, a multinational market insights company, found that the rising demand for this kind of instrument — due to its growing number of applications — will fuel growth of the
- [Developer Behind the World’s Best-Selling Video Game Has No Intentions of Using Blockchain and NFTs in Minecraft](https://www.coinslegend.com/tw-technology/developer-behind-the-worlds-best-selling-video-game-has-no-intentions-of-using-blockchain-and-nfts-in-minecraft/) - On July 20, 2022, Mojang Studios the Swedish video game developer behind the world’s best-selling game of all time said blockchain or non-fungible token (NFT) technologies are “not permitted to be integrated inside [Mojang’s] client and server applications.” Mojang stressed that NFTs or any use of blockchain tech cannot be integrated into any “in-game content
- [Masked Men Rob Large Crypto Mining Farm Near Moscow](https://www.coinslegend.com/mining/masked-men-rob-large-crypto-mining-farm-near-moscow/) - Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A
- [Swiss Luxury Watchmaker Franck Muller Launches Exclusive Binance NFT Collection With Limited-Edition Timepieces](https://www.coinslegend.com/news/swiss-luxury-watchmaker-franck-muller-launches-exclusive-binance-nft-collection-with-limited-edition-timepieces/) - PRESS RELEASE. Franck Muller, the world-famous Swiss luxury watchmaker, has announced the release of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the release of ‘Mystery by Franck Muller’ generative NFTs on July 27, 2022. This marks a continuation of Franck Muller’s pioneering journey in
- [Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-falls-as-tesla-sells-75-of-its-holdings/) - Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news. Bitcoin Following a recent run of gains, bitcoin
- [Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency](https://www.coinslegend.com/regulation/reserve-bank-of-india-is-working-on-phased-implementation-of-central-bank-digital-currency/) - India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue a digital currency. India’s Central Bank Digital Currency
- [Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades](https://www.coinslegend.com/altcoins/stablecoin-market-cap-slides-busd-and-dai-valuations-jump-fiat-tokens-represent-70-of-all-crypto-trades/) - During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases. Stablecoin Markets Lose Close to
- [Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023](https://www.coinslegend.com/news/video-game-giant-square-enix-plans-to-drop-a-final-fantasy-vii-nft-collection-in-2023/) - According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network platform Efinity. Japanese Software Developer Square Enix to Issue Final
- [Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff](https://www.coinslegend.com/market-updates/biggest-movers-xmr-moves-to-5-week-high-despite-crypto-selloff/) - Monero moved to its highest level in five weeks on Thursday, despite crypto markets mainly trading in red. The token rose to its highest level since June 13 after extending recent gains. On the other hand, dogecoin dropped lower today, despite Elon Musk announcing that Tesla hasn’t sold any of the meme coin. Monero (XMR)
- [US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’](https://www.coinslegend.com/regulation/us-lawmaker-slams-sec-for-not-regulating-in-good-faith-under-chair-gensler-sec-has-become-power-hungry/) - A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director
- [Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies](https://www.coinslegend.com/news/spanish-crypto-exchange-bit2me-wont-absorb-2gether-customers-due-to-internal-discrepancies/) - Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could no longer provide
- [Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced](https://www.coinslegend.com/news/report-blockchain-com-cuts-staff-by-25-executive-salaries-reduced/) - According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC). Blockchain.com Lays Off 150 Workers Citing Crypto Winter Conditions On
- [Another 3 BTC Jackpot Won at Bitcoin.com Games, Over 15 Players 10x Their Deposits Just This Month](https://www.coinslegend.com/news/another-3-btc-jackpot-won-at-bitcoin-com-games-over-15-players-10x-their-deposits-just-this-month/) - A lucky player wins a 3 bitcoin jackpot on a newly released live casino game at Bitcoin.com’s crypto casino. Over 15 Players Make More on Casino Games Than They Would on The Market A Rewarding Month for Casino Players The month of July has turned out to be extremely lucky for those 15 players who
- [Rich Dad Poor Dad’s Robert Kiyosaki Warns Inflation May Lead to Greater Depression](https://www.coinslegend.com/finance/rich-dad-poor-dads-robert-kiyosaki-warns-inflation-may-lead-to-greater-depression/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the current inflation may lead to a “Greater Depression.” He added that real estate is crashing and foreclosures are up 700% from last year. Robert Kiyosaki’s Depression Warnings The author of Rich Dad Poor Dad, Robert Kiyosaki, voiced fresh
- [Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital](https://www.coinslegend.com/exchanges/coinbase-confirms-no-financing-exposure-to-bankrupt-crypto-firms-celsius-voyager-three-arrows-capital/) - Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific in nature,” Coinbase stressed. Coinbase: ‘We Have Not Engaged in These Types of Risky Lending Practices’ The Nasdaq-listed cryptocurrency exchange
- [Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules](https://www.coinslegend.com/exchanges/thailands-oldest-lender-delays-bitkub-exchange-acquisition-amid-tighter-crypto-rules/) - The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones Acquisition of Thai Crypto Exchange Bitkub The parent company of Siam Commercial Bank, SCB X,
- [Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project](https://www.coinslegend.com/tw-technology/saudi-chemicals-producer-sabic-launches-blockchain-pilot-project/) - A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using blockchain include reduced costs and time as well as improved data integration. End-to-End Digital Traceability A
- [Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March](https://www.coinslegend.com/mining/bitcoins-mining-difficulty-slides-5-dropping-to-levels-not-seen-since-march/) - On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22. It’s Now 11.39% Easier to
- [Xiaomi Files Patent to Create Its Own Blockchain-Powered Virtual Characters](https://www.coinslegend.com/tw-technology/xiaomi-files-patent-to-create-its-own-blockchain-powered-virtual-characters/) - Xiaomi, one of the biggest mobile phone and tech companies in the world, has introduced a patent that implements blockchain technology for the creation of its own virtual characters. The patent, introduced in China, mentions that the creation of these characters will be randomized thanks to the introduction of a gene sequence, responsible for determining
- [Three Arrows Capital Founders Speak After Filing Bankruptcy, Exec Says the ‘Whole Situation Is Regrettable’](https://www.coinslegend.com/news/three-arrows-capital-founders-speak-after-filing-bankruptcy-exec-says-the-whole-situation-is-regrettable/) - This week the two co-founders of the embattled cryptocurrency hedge fund Three Arrows Capital spoke to Bloomberg about their fund crumbling at the seams. The co-founders Su Zhu and Kyle Davies did not disclose their whereabouts, but a lawyer who monitored the interview noted the duo is located in the United Arab Emirates. Zhu said
- [Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-rebounds-climbing-to-over-1600-on-friday/) - Ethereum was back in the green on Friday, as bulls returned to action following yesterday’s selloff. Crypto markets set aside concerns over Tesla’s bitcoin sale, extending this week’s rally in the process. Bitcoin was also up in today’s session, as it headed back towards $24,000. Bitcoin Bitcoin (BTC) prices rose on Friday, as markets rebounded
- [Biggest Movers: NEAR Hits 6-Week High on Friday, NEO Extends Recent Gains](https://www.coinslegend.com/market-updates/biggest-movers-near-hits-6-week-high-on-friday-neo-extends-recent-gains/) - Near protocol was trading at its highest level since June 10 in today’s session, as prices of the token rose for a second straight day. Neo was also higher on Friday, with prices surging by over 15%, pushing the token to multi-week highs. Near Protocol (NEAR) Near protocol (NEAR) was one of the notable gainers
- [Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack](https://www.coinslegend.com/tw-technology/defi-tvl-and-smart-contract-platform-tokens-swell-in-value-with-eth-etc-leading-the-pack/) - The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s entire TVL has grown by more than
- [SEC Slaps Former Coinbase Manager With Insider Trading Charges — Identifies 9 Crypto Tokens as Securities](https://www.coinslegend.com/regulation/sec-slaps-former-coinbase-manager-with-insider-trading-charges-identifies-9-crypto-tokens-as-securities/) - The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a former Coinbase manager, who has been arrested and is also facing criminal charges. The regulator has identified nine crypto tokens as securities in the complaint. U.S. Attorney Damian Williams says it is “the first-ever insider trading case involving cryptocurrency markets.” SEC
- [Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions](https://www.coinslegend.com/news/chinese-tech-giant-tencent-to-shut-down-nft-platform-amid-trading-restrictions/) - China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year After Launch as China Curbs
- [Social Media Users Deride China’s Reported Use of Military Tanks to Intimidate Protesting Bank Customers](https://www.coinslegend.com/news/social-media-users-deride-chinas-reported-use-of-military-tanks-to-intimidate-protesting-bank-customers/) - Social media users have slammed China’s reported use of military tanks to intimidate bank customers protesting against the freezing of their savings. Some users claimed the deployment of military tanks exposes the country’s underlying economic problems. Crypto proponents see the issue as a vindication of their long-standing argument. Savings Now Investment Products Some social media
- [Finder’s Crypto Experts Predict Solana Rising to $512 by 2030](https://www.coinslegend.com/altcoins/finders-crypto-experts-predict-solana-rising-to-512-by-2030/) - A panel of crypto industry experts has predicted that solana will be worth $166 by 2025 and $512 by 2030. “SOL is one of the leading contenders in the smart contract blockchain space. They are likely to be one of the chief beneficiaries if the Ethereum upgrades fail to deliver lower transaction fees,” one of
- [US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP](https://www.coinslegend.com/regulation/us-lawmaker-urges-sec-to-go-after-major-crypto-exchanges-that-traded-xrp/) - U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major exchanges did many, many tens of thousands of transactions
- [Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments](https://www.coinslegend.com/finance/bank-indonesia-prepares-to-issue-digital-rupiah-as-legal-tender-for-digital-payments/) - The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year End Indonesia’s monetary authority is
- [Elon Musk Criticizes Remote Work as Workers Are Increasingly Worried About Surveillance in Metaverse Environments](https://www.coinslegend.com/tw-technology/elon-musk-criticizes-remote-work-as-workers-are-increasingly-worried-about-surveillance-in-metaverse-environments/) - Elon Musk, CEO of Tesla and Spacex, said that remote work was no longer acceptable for Tesla workers in May. According to Qatalog and GitLab, remote workers spend extra time weekly trying to prove they are online and working to their employers. But metaverse environments, a futuristic approach to remote work solutions, also raise concerns
- [US Withdraws Request to Extradite BTC-e’s Vinnik From France, Lawyer Sees ‘Deceitful Maneuver’](https://www.coinslegend.com/news/us-withdraws-request-to-extradite-btc-es-vinnik-from-france-lawyer-sees-deceitful-maneuver/) - U.S. authorities have withdrawn their request to extradite the alleged operator of crypto exchange BTC-e Alexander Vinnik from France, his French lawyer informed Russian media. Vinnik’s defense suspects, however, that the move is intended to actually speed up his extradition through Greece. Lawyer Says Washington Wants Vinnik to Remain in Prison The United States withdrew
- [BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst](https://www.coinslegend.com/market-updates/bnb-was-the-top-tens-best-market-performer-in-q2-bitcoin-takes-second-place-solana-performed-the-worst/) - With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions have lost 30% to 60% in USD value during the past three months. Q2 data further shows that binance coin managed
- [Telefonica to Invest in Metaverse Through Gamium](https://www.coinslegend.com/tw-technology/telefonica-to-invest-in-metaverse-through-gamium/) - Telefonica, one of the largest communication companies in Spain, has decided to invest in Gamium, strengthening its metaverse push. The company will allocate a non-disclosed amount of funds to this metaverse initiative through Wayra, its innovation-based incubator arm. The company is also collaborating with Meta in the creation of a metaverse innovation hub for startups.
- [Bitcoin, Ethereum Technical Analysis: BTC Moves Towards $22,000 to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-moves-towards-22000-to-start-the-weekend/) - Bitcoin moved towards $22,000 to start the weekend, as prices consolidated following Friday’s gains. Price uncertainty has heightened in crypto in the aftermath of recent rallies, which has pushed several tokens towards overbought territory. Ethereum also slipped on Saturday. Bitcoin Bitcoin (BTC) prices fell on Saturday, as price uncertainty in crypto markets continued to heighten
- [Biggest Movers: DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments](https://www.coinslegend.com/market-updates/biggest-movers-doge-drops-towards-0-05900-support-level-despite-elon-musk-comments/) - Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market cap is trading 4.81% lower.
- [Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website](https://www.coinslegend.com/news/russias-media-censor-roskomnadzor-unblocks-tor-projects-website/) - Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist of Banned Internet Pages Russia’s Federal Service for Supervision of Communications,
- [Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem](https://www.coinslegend.com/news/q2-2022-cryptocurrency-report-highlights-terras-collapse-and-capital-exiting-the-crypto-ecosystem/) - On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra UST and LUNA fallout wreaked havoc on the entire crypto ecosystem and the stablecoin economy. Moreover,
- [Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days](https://www.coinslegend.com/news/traders-withdraw-3-6-billion-in-ethereum-from-crypto-exchanges-in-17-days/) - The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. First off, the network’s native token ether saw a significant spike in value and secondly, Ethereum’s hashrate has dropped 18.21% since June 30. Data also
- [US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme](https://www.coinslegend.com/regulation/us-court-convicts-my-big-coin-founder-in-6-million-fraudulent-cryptocurrency-scheme/) - A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My Big Coin’s Founder Convicted The U.S. Department of Justice
- [Robert Kiyosaki Warns of ‘Biggest Bond Crash Since 1788’ — Waiting to Buy Bitcoin at Lower Price](https://www.coinslegend.com/market-updates/robert-kiyosaki-warns-of-biggest-bond-crash-since-1788-waiting-to-buy-bitcoin-at-lower-price/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “40 times larger” than the stock market. He is waiting for the price of bitcoin to fall further to buy
- [Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities](https://www.coinslegend.com/regulation/coinbase-disputes-secs-allegation-that-the-exchange-lists-9-crypto-securities/) - Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End of story.” Coinbase Insists It Does Not List Crypto Asset Securities The U.S. Securities and
- [Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine](https://www.coinslegend.com/regulation/finland-sells-1889-seized-bitcoins-for-47-million-proceeds-going-to-ukraine/) - Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues. Finland Sells Bitcoin Seized From Narcotic Offenses Finnish Customs (aka Tulli), the customs service
- [Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says](https://www.coinslegend.com/regulation/ukraines-new-fiat-restrictions-to-boost-popularity-of-crypto-industry-says/) - The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency
- [FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry](https://www.coinslegend.com/news/ftx-to-help-voyager-customers-ceo-says-firm-willing-to-deploy-hundreds-of-millions-to-help-crypto-industry/) - The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview, and noted that he was willing to deploy “hundreds of millions beyond what
- [Kenyan Activists Say Cryptocurrencies Have the ‘Potential to Create New Ways for Young People to Earn’](https://www.coinslegend.com/news/kenyan-activists-say-cryptocurrencies-have-the-potential-to-create-new-ways-for-young-people-to-earn/) - According to some Kenya-based activists, raising funds through cryptocurrency and non-fungible tokens (NFT) sales is not only faster but less costly as well. The activists added that digital currency also has the “potential to create new ways for young people to earn, spend, save and send money.” Traditional Funding Channels Drying Up After the Covid-19
- [Tax Collector Wants $55 Million From Collapsed Bitcoin Ponzi Scheme MTI  — Liquidators Accused of Failing Their Duty](https://www.coinslegend.com/regulation/tax-collector-wants-55-million-from-collapsed-bitcoin-ponzi-scheme-mti-liquidators-accused-of-failing-their-duty/) - In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liquidators. The revenue collector added that it wants the tax bill settled before the MTI liquidation process is finalized. Liquidators Failing ‘as the Deemed Public Officers’
- [Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator](https://www.coinslegend.com/exchanges/huobi-becomes-latest-crypto-exchange-to-receive-provisional-approval-from-dubai-regulator/) - Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allows Huobi to offer virtual asset exchange products and services to “pre-qualified investors and professional financial service providers.” Spot and OTC Services Are Limited to
- [LBank Exchange Will List Cryptostone (CPS) on July 25, 2022](https://www.coinslegend.com/news/lbank-exchange-will-list-cryptostone-cps-on-july-25-2022/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptostone (CPS) on July 25, 2022. For all users of LBank Exchange, the CPS/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on July 25, 2022. Aiming towards decentralization, equity and balance, Cryptostone
- [Finder’s $675 ETH Prediction, India Calls on G20 Re: Crypto Taxes, Peterffy Concerned BTC Could ‘Become Worthless or Outlawed’ — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/finders-675-eth-prediction-india-calls-on-g20-re-crypto-taxes-peterffy-concerned-btc-could-become-worthless-or-outlawed-bitcoin-com-news-week-in-review/) - In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a new Finder survey knocks down previous forecasts for ethereum’s price a notch, with crypto experts predicting lower long-term prices for the asset. Also, India calls on G20 nations to bring cryptocurrencies within the “Automatic Exchange of Information” framework, billionaire Thomas Peterffy weighs
- [Krugman Says He Was ‘Wrong About Inflation,’ Summers Talks Recession, Biden Criticized Over ‘Half-Truths and Fibs’](https://www.coinslegend.com/finance/krugman-says-he-was-wrong-about-inflation-summers-talks-recession-biden-criticized-over-half-truths-and-fibs/) - In mid-June red hot inflation reared its ugly head in America once again, as the latest U.S. Bureau of Labor Statistics’ Consumer Price Index (CPI) report indicated that inflation in June rose at the fastest pace in over 40 years. U.S. president Joe Biden has been in office for 18 months now, and media reports
- [Targeting the US Dollar’s Hegemony: Russia, China, and BRICS Nations Plan to Craft a New International Reserve Currency](https://www.coinslegend.com/finance/targeting-the-us-dollars-hegemony-russia-china-and-brics-nations-plan-to-craft-a-new-international-reserve-currency/) - While inflation data in Europe and the U.S. has risen significantly higher last month, Russia and members of the BRICS countries revealed leaders in the five major emerging economies are in the midst of “creating an international reserve currency.” Analysts believe the BRICS reserve currency is meant to rival the U.S. dollar and the International
- [Meta History Museum Raised Over $1,000,000, Releases New NFT Collection in Support of Ukraine](https://www.coinslegend.com/tw-technology/meta-history-museum-raised-over-1000000-releases-new-nft-collection-in-support-of-ukraine/) - The META HISTORY project team created Ukraine’s first NFT war museum one month after Russia’s full-scale invasion. Since then they have managed to raise $1,290,398 (803.28 ETH) for the Aid For Ukraine crypto fund, created by the Ukrainian Ministry of Digital Transformation together with the Ukrainian crypto platform KUNA and the blockchain company Everstake, and
- [Argentinian Government Excludes Crypto Investors From Buying Dollars](https://www.coinslegend.com/regulation/argentinian-government-excludes-crypto-investors-from-buying-dollars/) - The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased crypto for at least 90 days prior
- [Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says](https://www.coinslegend.com/regulation/credit-cards-should-not-be-used-for-crypto-transactions-taiwans-financial-watchdog-says/) - The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards Taiwan’s Financial Supervisory
- [Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months](https://www.coinslegend.com/market-updates/stats-show-over-53000-wrapped-bitcoins-were-removed-from-circulation-in-the-last-3-months/) - Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins is approximately 387,964 worth $8.81 billion in value. Number
- [SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’](https://www.coinslegend.com/regulation/sec-criticized-for-how-it-regulates-crypto-chair-gensler-says-most-crypto-tokens-have-attributes-of-securities/) - The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens listed on Coinbase as securities. SEC Slammed for Regulation by Enforcement
- [Donald Trump Warns US Economy Is Facing ‘Much Bigger Problem Than Recession’ — ‘We’ll Have a Depression’](https://www.coinslegend.com/finance/donald-trump-warns-us-economy-is-facing-much-bigger-problem-than-recession-well-have-a-depression/) - Former President Donald Trump has warned that the U.S. economy is facing “a much bigger problem than recession.” Noting that “We’ll have a depression,” he stressed: “We have to get this country going, or we’re going to have a serious problem.” Donald Trump on Economic Recession and Depression Former President Donald Trump warned Friday in
- [Metaverse Real Estate Sales to Grow by $5 Billion by 2026](https://www.coinslegend.com/tw-technology/metaverse-real-estate-sales-to-grow-by-5-billion-by-2026/) - The real estate market in the metaverse is projected to pass $5 billion by 2026. This is the prediction of the latest metaverse report by Technavio, a global market research firm. The report states that the rise will be fueled by the growth of the metaverse into a mixed reality environment, where people can take
- [Survivability in Times of Crisis, Internet Outages and Cyber Warfare – Bastyon Inventor Explains](https://www.coinslegend.com/news/survivability-in-times-of-crisis-internet-outages-and-cyber-warfare-bastyon-inventor-explains/) - Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should be Web 3.0, decentralized with an open-source code, distributed node infrastructure and no corporate entity to control it, like the
- [Head of African Regional Central Bank Calls for Creation of Digital Currency](https://www.coinslegend.com/market-updates/head-of-african-regional-central-bank-calls-for-creation-of-digital-currency/) - The head of the Bank of Central African States (BCAS), Herve Ndoba, has told the regional central bank’s board that it must create a common digital currency which will be used by six countries belonging to the Central African Monetary Union (CAMU). Ndoba reportedly wants the BCAS to establish a common legal framework for regulating
- [Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder](https://www.coinslegend.com/regulation/report-south-korean-prosecutors-raid-home-of-terraform-labs-co-founder/) - A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted South Korean prosecutors investigating the spectacular collapse of Terra’s LUNA cryptocurrency reportedly raided the home of
- [Cryptocurrencies a ‘Good Alternative to Traditional Settlement Processes’ — Study](https://www.coinslegend.com/news/cryptocurrencies-a-good-alternative-to-traditional-settlement-processes-study/) - Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the involvement of intermediaries, a new report has said. Some players in the cross-border money transfer industry perceive the blockchain and cryptocurrencies as technologies that can enhance remittance processes. Cryptocurrencies
- [US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn](https://www.coinslegend.com/regulation/us-state-regulator-warns-about-crypto-interest-bearing-accounts-amid-market-downturn/) - The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert
- [XIDEN Blockchain Developer CryptoDATA Tech Announced as Official Title Sponsor of the MotoGP™ Austrian GP](https://www.coinslegend.com/news/xiden-blockchain-developer-cryptodata-tech-announced-as-official-title-sponsor-of-the-motogp-austrian-gp/) - PRESS RELEASE. CryptoDATA Tech was announced as the title sponsor of the Austrian Grand Prix in 2022, 2023, and 2024. CryptoDATA Tech will take top billing at the Red Bull Ring – Spielberg, which will be officially named the CryptoDATA Motorrad Grand Prix von Österreich, and will sponsor one of the most talented MotoGP riders,
- [Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week ](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-falls-below-22000-to-start-the-week-2/) - Bitcoin fell below $22,000 to start the new trading week, as sentiment in crypto markets seems to have turned bearish. The world’s largest token saw recent price declines extended on Monday, with ethereum also experiencing similar downwards momentum. The global market cap is down over 3% as of writing. Bitcoin Bitcoin (BTC) prices were once
- [Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Weekend Gains](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-nears-1500-following-strong-weekend-gains/) - Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as the weekend’s
- [Bitcoin Treasuries Records Show $2.1 Billion in BTC Was Erased From Balance Sheets](https://www.coinslegend.com/news/bitcoin-treasuries-records-show-2-1-billion-in-btc-was-erased-from-balance-sheets/) - During the 12 months, public companies, private companies, exchange-traded funds, and even countries have added bitcoin to their balance sheets. As of July 17, 2022, the aforementioned types of entities hold approximately 1,325,396 bitcoins worth $27.84 billion today. However, the number of coins stored in bitcoin treasuries has dropped since June 5, 2021, by approximately
- [Biggest Movers: MATIC Climbs 20% to Hit 2-Month High, as AVAX Nears 6-Week Peak](https://www.coinslegend.com/market-updates/biggest-movers-matic-climbs-20-to-hit-2-month-high-as-avax-nears-6-week-peak/) - Polygon was up by nearly 20% to start the week, as the token rallied to its highest level since May. Today’s surge comes as crypto markets were mostly in the green, with avalanche also hitting multi-week highs, and as of writing, is up by over 10% on the day. Polygon (MATIC) Polygon (MATIC) was one
- [Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years](https://www.coinslegend.com/altcoins/jed-mccalebs-tacostand-xrp-wallet-is-near-empty-after-the-ripple-co-founder-transferred-9-billion-xrp-over-the-years/) - Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored
- [Report: Bank of Spain Worried About Inflation and Its Consequences in Latam](https://www.coinslegend.com/finance/report-bank-of-spain-worried-about-inflation-and-its-consequences-in-latam/) - The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to institutional instability, even as the region is still recovering from the Covid-19 pandemic. Bank
- [Tony Hawk Partners With the Sandbox to Open a Skate Park in the Metaverse](https://www.coinslegend.com/news/tony-hawk-partners-with-the-sandbox-to-open-a-skate-park-in-the-metaverse/) - Tony Hawk, one of the most popular skateboarders in the world, is planning to build a skateboard park in the metaverse. The initiative, which will be completed in partnership with The Sandbox and Autograph, will also create voxel representations of the skateboarder as NFTs, that will be able to be used in The Sandbox metaverse
- [Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations](https://www.coinslegend.com/regulation/dutch-central-bank-fines-crypto-exchange-binance-3-4-million-citing-very-serious-violations/) - The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine and has now submitted an application to register with the central bank. Binance Fined by Dutch Regulator The Dutch central bank, De Nederlandsche Bank (DNB),
- [Biggest Movers: SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains](https://www.coinslegend.com/market-updates/biggest-movers-shib-remains-close-to-2-month-high-as-bch-extends-recent-gains/) - Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to
- [As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago](https://www.coinslegend.com/mining/as-the-merge-gets-closer-ethereums-hashrate-dropped-over-26-since-the-networks-all-time-high-45-days-ago/) - While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second
- [Austrian Post Builds the Future of Digital Stamp Collecting](https://www.coinslegend.com/news/austrian-post-builds-the-future-of-digital-stamp-collecting/) - PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have successfully sold
- [Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals](https://www.coinslegend.com/mining/marathon-secures-254-megawatts-to-bolster-companys-2023-bitcoin-mining-goals/) - The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity —
- [Fintech and Bitcoin Payments Firm Zebedee Raises $35 Million From Kingsway Capital, Square Enix](https://www.coinslegend.com/news/fintech-and-bitcoin-payments-firm-zebedee-raises-35-million-from-kingsway-capital-square-enix/) - On Tuesday, the fintech and payment processor Zebedee announced the company has raised $35 million from Kingsway Capital, Raine Group, and video game giant Square Enix. Zebedee detailed that the Series B funding will help the startup “scale company-wide to meet the needs of the biggest names in the games industry.” Gaming-Focused Fintech Zebedee Secures
- [Bitcoin.com Launches Brand New Crypto Casino BitSpinCasino.com](https://www.coinslegend.com/news/bitcoin-com-launches-brand-new-crypto-casino-bitspincasino-com/) - Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC! Play Exciting Casino Games With BTC, BCH, ETH, EUR, AUD, JPY & Many More Bitcoin as a form of value-driven technology is inarguably the most revolutionary idea
- [Bitcoin.com Simplifies Cryptocurrency Payments, Enhances Data Sovereignty With Unstoppable Domains Partnership](https://www.coinslegend.com/news/bitcoin-com-simplifies-cryptocurrency-payments-enhances-data-sovereignty-with-unstoppable-domains-partnership/) - In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable address like
- [Finder’s Experts Predict Ethereum Falling to $675 — Long-Term ETH Predictions Lowered Considerably](https://www.coinslegend.com/market-updates/finders-experts-predict-ethereum-falling-to-675-long-term-eth-predictions-lowered-considerably/) - A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030. Expert
- [Harvard Professor Rogoff: Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies](https://www.coinslegend.com/regulation/harvard-professor-rogoff-central-banks-governments-are-way-behind-the-curve-in-regulating-cryptocurrencies/) - Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist
- [Digital Token Issued In Russia to Facilitate Investments in Palladium](https://www.coinslegend.com/news/digital-token-issued-in-russia-to-facilitate-investments-in-palladium/) - Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of
- [Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers](https://www.coinslegend.com/news/financial-superintendence-of-colombia-presents-project-to-regulate-crypto-service-providers/) - The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers.
- [Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury](https://www.coinslegend.com/altcoins/bitgo-adds-near-protocol-support-custodian-to-store-near-foundations-treasury/) - On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform.
- [Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv](https://www.coinslegend.com/mining/security-service-of-ukraine-shuts-down-crypto-mining-farm-near-front-line-in-kharkiv/) - Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of
- [Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator](https://www.coinslegend.com/regulation/nigeria-leads-africa-in-regulating-digital-asset-space-securities-regulator/) - Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory roles played by the central bank and the Nigerian Securities and
- [Introducing User-Centric BKEX Exchange](https://www.coinslegend.com/news/introducing-user-centric-bkex-exchange/) - PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service. Its core philosophy is user-first and user-centric. Basic Information Chinese
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Hit Fresh 1-Month Highs, as Bullish Pressure Intensifies](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-both-hit-fresh-1-month-highs-as-bullish-pressure-intensifies/) - Bitcoin prices surged on hump day, as the token climbed towards the $24,000 level in today’s trading session. The move came as bullish pressure intensified, following several days of recent gains. Ethereum also remained higher, once again climbing above $1,600. Bitcoin Bitcoin (BTC) extended its recent gains on Wednesday, as prices rose towards the $24,000
- [Gold ‘Clearly Turned Bearish’ Says Societe Generale as TD Securities Strategists Expect Further Downside](https://www.coinslegend.com/market-updates/gold-clearly-turned-bearish-says-societe-generale-as-td-securities-strategists-expect-further-downside/) - According to market analysts, the precious metal gold is officially in a bear market and prices could remain suppressed over the next few weeks. Moreover, while the macroeconomic backdrop has been gloomy, the popular safe haven asset has lost 17.50% in value against the U.S. dollar during the last four months. TD Securities Market Analysts
- [Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’](https://www.coinslegend.com/finance/analysts-suspect-the-fed-will-bump-federal-funds-rate-by-75-bps-next-week-others-predict-the-biggest-hike-in-decades/) - Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise the rate by 75 bps and bankrate.com
- [Biggest Movers: DOGE, ADA Move to Multi-Week Highs on Wednesday](https://www.coinslegend.com/market-updates/biggest-movers-doge-ada-move-to-multi-week-highs-on-wednesday/) - Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover on Wednesday, as
- [Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners](https://www.coinslegend.com/exchanges/crypto-exchange-zipmex-halts-withdrawals-citing-market-conditions-financial-difficulties-of-business-partners/) - Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has become the latest crypto company to halt withdrawals. The platform
- [Explore the Value Behind KCC Through KCC Validator Election](https://www.coinslegend.com/news/explore-the-value-behind-kcc-through-kcc-validator-election/) - With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more than
- [Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch](https://www.coinslegend.com/altcoins/consensys-to-tokenize-smart-contract-and-blockchain-audits-via-turn-token-launch/) - The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the
- [FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost](https://www.coinslegend.com/news/fbi-warns-of-fake-crypto-apps-244-investors-defrauded-42-7-million-lost/) - The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency. FBI’s Crypto App Warning The cyber division of the Federal Bureau of Investigation (FBI)
- [Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’](https://www.coinslegend.com/news/tesla-sold-75-of-its-bitcoin-elon-musk-says-we-have-not-sold-any-of-our-dogecoin/) - Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.” Tesla Sold About 75%
- [EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay](https://www.coinslegend.com/news/eurst-creator-simone-mazzuca-explains-what-differentiates-it-from-other-stablecoins-and-why-it-is-here-to-stay/) - Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a bridge to the digital economy. Mr. Simone Mazzuca is the Director and Founder
- [Grayscale: Bitcoin Could See Another 5-6 Months of Downward or Sideways Price Movement](https://www.coinslegend.com/market-updates/grayscale-bitcoin-could-see-another-5-6-months-of-downward-or-sideways-price-movement/) - Grayscale Investments has explained that there may be another 250 days of the current bearish crypto market, citing patterns in previous cycles. In addition, “Bitcoin is 222 days off the all-time high, which means we may see another 5-6 months of downward or sideways price movement,” the world’s largest digital asset manager detailed. Grayscale’s Crypto
- [Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy](https://www.coinslegend.com/news/trade-republic-crypto-com-register-as-cryptocurrency-operators-in-italy/) - German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register as Providers of Crypto Services in Italy Germany-based investment platform Trade Republic and Singapore-headquartered digital
- [Ghana Ranked as Country With Second-Highest Debt Default Risk Globally](https://www.coinslegend.com/finance/ghana-ranked-as-country-with-second-highest-debt-default-risk-globally/) - According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher than Ghana’s at 2,071 bps. El Salvador Has
- [Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor](https://www.coinslegend.com/market-updates/nigerian-lenders-frustrating-cbdcs-adoption-central-bank-governor/) - Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable Nigerians without bank accounts to open e-naira wallets. E-Naira Undercuts
- [US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate](https://www.coinslegend.com/regulation/us-senator-says-too-many-crypto-firms-are-able-to-scam-customers-urges-sec-to-regulate/) - U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the need for stronger rules, urging the Securities and Exchange Commission (SEC) and Congress to take action on crypto regulation. U.S. Senator Says
- [Quik․com Opens Minting for NFT Domain Names](https://www.coinslegend.com/news/quik․com-opens-minting-for-nft-domain-names/) - The .metaverse, .vr, .web3 and variety of top-level domains are now available for minting on Quik.com. Embrace yourself and your holdings on the web and its decentralized nature with this offer valid for a limited time. Check out Metaverse Domains on Quik now. Connecting the sellers and buyers in the most convenient way with a
- [Coinbase Obtains Regulatory Approval to Provide Crypto Services in Italy](https://www.coinslegend.com/regulation/coinbase-obtains-regulatory-approval-to-provide-crypto-services-in-italy/) - Nasdaq-listed cryptocurrency exchange Coinbase has obtained regulatory approval to offer crypto services in Italy. “Coinbase is committed to bringing the power of our full product suite to customers across Europe,” the company said. Coinbase Approved in Italy Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced Monday that it has secured regulatory approval to provide crypto services in
- [Leading Auction House Christie’s Launches Web3 and Fintech Venture Arm](https://www.coinslegend.com/news/leading-auction-house-christies-launches-web3-and-fintech-venture-arm/) - On Monday, Christie’s, the leading British auction house founded 256 years ago in 1766, announced the launch of a new venture fund called Christie’s Ventures. According to the announcement, the company’s venture arm plans to focus on “[Web3] innovation, art-related financial products and solutions, and technologies that enable seamless consumption of art.” Christie’s Ventures to
- [Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE](https://www.coinslegend.com/regulation/dubai-regulator-grants-crypto-trading-app-okx-license-to-extend-services-in-the-uae/) - The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). The provisional licence allows OKX to extend certain exchange products and services to pre-qualified investors and financial service providers. OKX Allowed to Extend Certain Exchange
- [Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function](https://www.coinslegend.com/market-updates/nigerian-central-bank-governor-says-fintechs-and-cryptos-change-the-way-financial-systems-function/) - The Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According to Emefiele, this requires the central bank’s monetary policy committee (MPC) to rethink the way it regulates the financial system.
- [Dubai Crown Prince Launches Metaverse Strategy — Fivefold Increase in Blockchain and Metaverse Companies Envisioned](https://www.coinslegend.com/tw-technology/dubai-crown-prince-launches-metaverse-strategy-fivefold-increase-in-blockchain-and-metaverse-companies-envisioned/) - A master plan that aims to see the number of Dubai’s blockchain and metaverse companies grow from the current 1,000 to 5,000 in five years, was recently launched by the kingdom’s Crown Prince Sheikh Hamdan. Known as the Dubai Metaverse Strategy, the plan also seeks to create 40,000 jobs and bring in $4 billion to
- [Bitcoin, Ethereum Technical Analysis: ETH Hits $1,600 as Crypto Surge Continues on Tuesday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-hits-1600-as-crypto-surge-continues-on-tuesday/) - Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up to start today’s session, however
- [Indian Finance Minister: Crypto Ban, Regulation Effective Only With Significant International Collaboration](https://www.coinslegend.com/regulation/indian-finance-minister-crypto-ban-regulation-effective-only-with-significant-international-collaboration/) - India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered some
- [Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users](https://www.coinslegend.com/news/spanish-exchange-2gether-blocks-operations-affecting-100000-users/) - 2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence from social media,
- [Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-surges-above-22000-ahead-of-nfp-report/) - Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the first time in nearly two weeks. Bitcoin BTC rallied to a three-week high on Friday, as markets anticipated
- [Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout](https://www.coinslegend.com/news/billionaire-investor-and-galaxy-digital-ceo-mike-novogratz-addresses-the-terra-luna-and-ust-fallout/) - On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events and losses, the crypto economy felt this
- [Robinhood Launching New Non-Custodial Web3 Crypto Wallet](https://www.coinslegend.com/tw-technology/robinhood-launching-new-non-custodial-web3-crypto-wallet/) - Trading platform Robinhood is launching a non-custodial, web3 cryptocurrency wallet. “Customers will be able to hold the keys for their own crypto,” the company said. Robinhood Building Non-Custodial, Web3 Wallet Popular trading platform Robinhood announced Tuesday that it is “building a brand new non-custodial, web3 wallet that will allow customers to have total control of
- [Finder’s Panel Predicts Death of Shiba Inu Crypto — SHIB Expected to Have No Value by 2030](https://www.coinslegend.com/altcoins/finders-panel-predicts-death-of-shiba-inu-crypto-shib-expected-to-have-no-value-by-2030/) - A panel of specialists at Finder has predicted the death of shiba inu (SHIB) cryptocurrency. The majority believes that the price of the meme crypto will eventually fall to zero. In addition, “Our panel is overwhelmingly out on SHIB, with 73% saying that now is the time to sell.” SHIB’s Price Prediction Leading price comparison
- [Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions](https://www.coinslegend.com/regulation/bank-of-englands-cunliffe-warns-crypto-will-see-tough-times-as-federal-reserve-tightens-financial-conditions/) - Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England (BOE), had a warning
- [Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse](https://www.coinslegend.com/tw-technology/jamiroquai-to-bring-virtual-insanity-to-the-sandbox-blockchain-metaverse/) - On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land located in The Sandbox metaverse. Acid Jazz-Funk Band Jamiroquai Joins the Sandbox Virtual
- [Bitcoin Argentina NGO to Take Crypto Education to Schools](https://www.coinslegend.com/news/bitcoin-argentina-ngo-to-take-crypto-education-to-schools/) - Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about the relevance of Bitcoin and the differences between this alternative system of money and the traditional
- [Crypto Exchange Coinbase Slows Hiring Amid Market Downturn](https://www.coinslegend.com/exchanges/crypto-exchange-coinbase-slows-hiring-amid-market-downturn/) - Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency
- [Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm](https://www.coinslegend.com/mining/despite-criminalizing-mining-abkhazia-uncovers-another-crypto-farm/) - Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto Farm, Seizes Mining Hardware Police in Abkhazia have closed down another crypto mining installation in
- [Music Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex Global Starting Block](https://www.coinslegend.com/news/music-fans-rejoice-as-yellowheart-protocol-is-set-to-launch-on-bittrex-global-starting-block/) - YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS (pronounced “Hearts”), on Bittrex Global’s IEO Platform Starting Block as the platform’s debut project on May 24 at 13:00 UTC. YellowHeart Protocol Is a Significant Milestone in the History of Event Ticketing System The
- [Trade Minister Expects Russia to Legalize Cryptocurrency](https://www.coinslegend.com/regulation/trade-minister-expects-russia-to-legalize-cryptocurrency/) - Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week. Crypto Legalization Is Current Trend, Russian Minister Acknowledges Cryptocurrency can be legalized in the Russian Federation, according to a
- [Bitcoin, Ethereum Technical Analysis: ETH Falls Below $2,000 as Crypto Bearish Pressure Intensifies ](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-falls-below-2000-as-crypto-bearish-pressure-intensifies/) - Following several sessions of consolidation, ETH has finally caved in, dropping below the $2,000 floor in the process. As we move towards the end of the week bitcoin also fell for a second consecutive session, with prices falling below $29,000. Bitcoin Bitcoin dropped below the $29,000 level on Thursday, as bears continued to push prices
- [Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month](https://www.coinslegend.com/tw-technology/terra-collapse-continues-to-plague-defi-value-locked-in-cross-chain-bridges-down-20-this-month/) - Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge
- [FTX US Launches Zero-Commission Equities Trading Platform](https://www.coinslegend.com/news/ftx-us-launches-zero-commission-equities-trading-platform/) - FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins. FTX US Launches
- [Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021](https://www.coinslegend.com/market-updates/biggest-movers-tron-moves-to-1-week-high-as-thorchains-rune-nears-lowest-level-since-january-2021/) - Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as Thorchain’s RUNE continued to trade lower, with today’s drop pushing prices closer to their lowest point since January 2021. Tron (TRX) Tron (TRX) surged towards a seven-day week high during Thursday’s session, as prices rebounded following a
- [Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act](https://www.coinslegend.com/regulation/bitmex-co-founder-arthur-hayes-avoids-prison-for-violating-us-bank-secrecy-act/) - Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur Hayes Sentenced The U.S. Department of Justice
- [Swiss Watchmaker TAG Heuer Now Accepts Cryptocurrency in US](https://www.coinslegend.com/news/swiss-watchmaker-tag-heuer-now-accepts-cryptocurrency-in-us/) - Luxury watch manufacturer TAG Heuer announced it’s introducing online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Tag Heuer Partners With Bitpay to Offer US Clients Bitcoin Payments Designer and maker of luxury timepieces TAG Heuer is now accepting
- [CFTC Chairman Confirms Bitcoin, Ether Are Commodities](https://www.coinslegend.com/regulation/cftc-chairman-confirms-bitcoin-ether-are-commodities/) - The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether
- [Russian Appellate Court Cancels Decision to Block Tor Project’s Website](https://www.coinslegend.com/news/russian-appellate-court-cancels-decision-to-block-tor-projects-website/) - A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the first instance for another review. Roskomsvoboda Helps Cancel the Blocking of Tor
- [So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’](https://www.coinslegend.com/news/so-called-pharma-bro-martin-shkreli-turns-crypto-bro-i-started-using-uniswap-in-prison/) - Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually, a crypto entity could dethrone some of the largest banking giants. Martin Shkreli Talks Defi and Cryptocurrencies Martin
- [Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now](https://www.coinslegend.com/tw-technology/central-africa-republics-bitcoin-adoption-the-real-work-must-start-now/) - The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to invest heavily in its telecommunications infrastructure. The CAR also needs to prioritize education that helps the population to familiarize itself with cryptocurrency basics. The CAR’s
- [Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced](https://www.coinslegend.com/news/middle-east-crypto-exchange-coinmena-enters-the-qatari-market-regulator-says-no-institution-licenced/) - Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can Now Connect Bank Accounts to Their Crypto Wallets The Bahrain headquartered cryptocurrency exchange, Coinmena,
- [International Monetary Fund to Assist El Salvador in Compiling Bitcoin Adoption Statistics](https://www.coinslegend.com/news/international-monetary-fund-to-assist-el-salvador-in-compiling-bitcoin-adoption-statistics/) - The International Monetary Fund has mentioned it is providing technical assistance to the government of El Salvador in various ways. According to Gerry Rice, a spokesperson for the organization, the group is having talks with people of the Salvadoran government about tax and money laundering matters, including critical issues that the IMF raised in earlier
- [The World Economic Forum Is Worried About Safety in the Metaverse](https://www.coinslegend.com/tw-technology/the-world-economic-forum-is-worried-about-safety-in-the-metaverse/) - The World Economic Forum (WEF), one of the most influential international institutions, has expressed its worries about the safety of metaverse dwellers, especially younger ones. The group has raised a number of concerns regarding the anonymity and safety of young individuals in this upcoming alternate world, and has given a number of recommendations to preserve
- [How Gate․io Grew to Become One of the World’s Largest Crypto Exchanges – 9 Years Retrospective](https://www.coinslegend.com/news/how-gate․io-grew-to-become-one-of-the-worlds-largest-crypto-exchanges-9-years-retrospective/) - Gate.io is one of the longest running secure exchanges in the world and over time, surpassed 10 million users worldwide. To mark this milestone, the exchange is launching a rebranding and a sweepstake with $9,000,000 in prizes! Read on to find out more about what makes Gate.io such a success and what the team has
- [Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-climbs-above-30000-as-balenciaga-greenlights-crypto-payments/) - Bitcoin rallied to above $30,000 to start the week, as bulls returned to crypto markets on Monday. The news comes as it was announced that fashion brand Balenciaga is set to accept crypto payments. ETH also moved higher on the news. Bitcoin BTC climbed to its highest point in four days earlier in today’s session,
- [Bitcoin Miners Expected to Catch a Break in 2 Days, Mining Difficulty Estimated to Drop Close to 4%](https://www.coinslegend.com/mining/bitcoin-miners-expected-to-catch-a-break-in-2-days-mining-difficulty-estimated-to-drop-close-to-4/) - While Bitcoin’s hashrate has remained above the 200 exahash per second (EH/s) mark, over the last two weeks the network’s mining difficulty has been at an all-time high (ATH) at 31.25 trillion. However, after 289 blocks are mined or roughly two days from now, Bitcoin’s mining difficulty is estimated to drop 3.67% giving miners some
- [Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen](https://www.coinslegend.com/news/report-nigerian-fintech-giant-flutterwave-accused-of-laundering-money-more-than-50-bank-accounts-frozen/) - A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead involved in money laundering activities. Deliberate Attempt to Obscure
- [Proposal to Set Up Russian Crypto Exchange Circulated in Moscow](https://www.coinslegend.com/exchanges/proposal-to-set-up-russian-crypto-exchange-circulated-in-moscow/) - Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian Authorities Mull Creating Domestic Cryptocurrency Exchange A crypto trading platform may be
- [Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’](https://www.coinslegend.com/news/binance-ceo-meets-senegalese-and-ivory-coast-presidents-says-africa-is-primed-for-crypto-adoption/) - Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. CZ’s Meeting With the Senegalese President The CEO of Binance, Changpeng Zhao
- [Biggest Movers: FTM, ETC Lead Crypto Gainers to Start the Week](https://www.coinslegend.com/market-updates/biggest-movers-ftm-etc-lead-crypto-gainers-to-start-the-week/) - ETC rose by over 10% to start the trading week, as prices rose to a two-week high on Monday. FTM also saw its value increase during today’s session, climbing by nearly 20% earlier in the day. Ethereum Classic (ETC) ETC was one of the most notable gainers during Monday’s session, as cryptos were mostly in
- [Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech](https://www.coinslegend.com/news/gamestop-launches-web3-ethereum-wallet-that-leverages-looprings-zk-rollup-tech/) - This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores crypto assets and non-fungible tokens (NFTs). Furthermore, the wallet utilizes Loopring’s
- [GAIMIN Gladiators’ DOTA 2 Team Finish Top 4 in Stockholm Major](https://www.coinslegend.com/news/gaimin-gladiators-dota-2-team-finish-top-4-in-stockholm-major/) - PRESS RELEASE. Zug, Switzerland, 22nd May 2022: GAIMIN Gladiators are delighted to announce their DOTA 2 finish Top 4 in the ESL One Major in Stockholm. For the last 10 days, GAIMIN Gladiators’ DOTA 2 team have achieved unprecedented acclaim for their progression in the ESL One Stockholm Major. As a newly formed team, in
- [Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL](https://www.coinslegend.com/news/crema-finance-hacker-negotiates-with-defi-projects-team-returns-8-million-in-eth-and-sol/) - Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema
- [Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation](https://www.coinslegend.com/news/report-nigerian-central-bank-incentive-scheme-failed-to-halt-naira-depreciation/) - The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March 2021. Naira Depreciation The CBN’s scheme that encourages recipients of cross-border remittances
- [Russian State Duma Adopts Law Banning Payments With Digital Financial Assets](https://www.coinslegend.com/regulation/russian-state-duma-adopts-law-banning-payments-with-digital-financial-assets/) - The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament Approves Legislation Preventing Digital Financial Asset Payments The majority
- [Satoshi Nakamoto Dropped From the World’s 20th Richest Billionaire to the 79th in 8 Months](https://www.coinslegend.com/news/satoshi-nakamoto-dropped-from-the-worlds-20th-richest-billionaire-to-the-79th-in-8-months/) - In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69 billion in bitcoin, and was among the top 20 on the Forbes 2021 Billionaires list. Seven months have passed since then, and Bitcoin’s unknown creator has dropped from the top 20 spot and is now
- [Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%](https://www.coinslegend.com/news/value-locked-in-defi-swells-by-7-billion-trons-tvl-spikes-34-85-ethereum-dominates-by-62/) - After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of
- [Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users](https://www.coinslegend.com/tw-technology/discussion-platform-reddit-introduces-blockchain-backed-collectible-avatars-to-52-million-users/) - The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s Polygon-Backed Digital Avatars Will Soon Be Available to the General Public On July 7, 2022, the staff at
- [Lucky Player Wins A Second 5,000x Jackpot on Bitcoin.com’s Crypto Casino, Bags Another 3 BTC](https://www.coinslegend.com/news/lucky-player-wins-a-second-5000x-jackpot-on-bitcoin-coms-crypto-casino-bags-another-3-btc/) - Book of Aztec unleashes the power of luck, and dishes out a massive 5,000x multiplier! A 3 Bitcoin Jackpot Was Awarded From a Small Bet of 0.0006 Bitcoin When it rains, it pours – but it’s pouring money, or more precisely bitcoin (BTC), for this lucky player on our crypto casino! We reported earlier in
- [IMF: Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out](https://www.coinslegend.com/finance/imf-global-economic-outlook-has-darkened-significantly-global-recession-cannot-be-ruled-out/) - The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it out.” IMF Says Global Economic Outlook ‘Has Darkened Significantly’ Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), discussed the global economic outlook
- [US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report](https://www.coinslegend.com/regulation/us-and-south-korea-to-share-data-on-crypto-cases-including-luna-and-ust-meltdown-report/) - The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations South Korea’s Justice Minister Han Dong-hoon met with U.S.
- [Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’](https://www.coinslegend.com/news/keyfi-founder-sues-celsius-says-crypto-lenders-entire-portfolio-had-naked-exposure-to-the-market/) - On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone told Celsius his
- [Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country](https://www.coinslegend.com/tw-technology/colombia-issues-guide-for-implementing-blockchain-for-public-projects-in-the-country/) - The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement blockchain in projects directed at the state level. The document defines blockchain and its basic elements, and also describes the guidelines that some projects should follow, depending on the needs of each project. Colombia Issues
- [Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company](https://www.coinslegend.com/tw-technology/former-tiktok-gaming-boss-launches-metao-a-blockchain-agnostic-gaming-company/) - Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited to just a chain and an ecosystem tied to a certain token. Metao
- [Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations](https://www.coinslegend.com/tw-technology/vietnam-launches-blockchain-association-to-conduct-research-and-suggest-regulations/) - A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation with blockchain communities around the globe for the research and development of blockchain solutions. Vietnam to Expand Implementation of Blockchain
- [Dubai Couple Ties the Knot in the Metaverse](https://www.coinslegend.com/tw-technology/dubai-couple-ties-the-knot-in-the-metaverse/) - A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well. The Metaverse After
- [Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-back-above-30000-as-week-long-consolidation-continues/) - This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading higher on Friday, as price uncertainty in crypto markets continued to grip traders, leading mainly to consolidation.
- [SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse](https://www.coinslegend.com/regulation/sec-chair-gensler-warns-a-lot-of-crypto-tokens-will-fail-following-luna-ust-collapse/) - The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra (LUNA) and stablecoin terrausd (UST). SEC Chair Gensler’s Warning After LUNA and UST Collapse U.S. Securities and Exchange Commission Chairman Gary
- [Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion](https://www.coinslegend.com/tw-technology/cumulative-nft-sales-among-18-blockchain-networks-surpass-36-billion/) - Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the
- [Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High](https://www.coinslegend.com/market-updates/biggest-movers-cosmos-climbs-15-as-aave-nears-a-10-day-high/) - ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price climbed to its
- [Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank](https://www.coinslegend.com/news/anonymous-allegedly-hacks-sberbank-russias-largest-bank/) - Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated
- [Crypto Custody Firm Fireblocks Launches Web3 Services Suite](https://www.coinslegend.com/news/crypto-custody-firm-fireblocks-launches-web3-services-suite/) - Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several names in the industry, also includes gaming asset management for blockchain games on Ethereum
- [Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker](https://www.coinslegend.com/market-updates/report-cryptocurrency-can-potentially-complement-mobile-money-argues-kenyan-banker/) - The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change
- [G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation](https://www.coinslegend.com/regulation/g7-finance-leaders-call-for-swift-and-comprehensive-crypto-regulation/) - The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and central bank governors from the
- [Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services](https://www.coinslegend.com/news/facebook-owner-meta-files-trademark-applications-for-meta-pay-covering-crypto-services/) - Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay. Trademark Applications for Meta Pay Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark
- [A16z Launches $600 Million Web3 Gaming Focused Fund](https://www.coinslegend.com/news/a16z-launches-600-million-web3-gaming-focused-fund/) - A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks to build the future of the gaming industry, aims to back several startups and projects in different areas including gaming studios, the intersection of gaming and consumers, and infrastructure. This move complements
- [Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits](https://www.coinslegend.com/news/tim-draper-bullish-on-bitcoin-due-to-its-inflation-hedge-traits/) - Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating right now is “very similar”
- [Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods](https://www.coinslegend.com/finance/survey-shows-87-of-americans-are-stressed-about-inflation-and-rising-costs-of-everyday-goods/) - As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents say inflation on everyday items has driven
- [Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-back-below-2000-to-start-the-weekend/) - ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000. Bitcoin Following marginal gains above the $30,000 level during yesterday’s session, BTC once again fell below this point. Friday saw BTC/USD trading at
- [Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend](https://www.coinslegend.com/market-updates/biggest-movers-sol-slips-again-as-atom-drops-10-to-start-the-weekend/) - SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. Cosmos (ATOM) After climbing by over 15% on Friday, ATOM was one of the biggest losers on Saturday, as prices
- [Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says](https://www.coinslegend.com/regulation/cryptocurrency-is-based-on-nothing-should-be-regulated-ecbs-lagarde-says/) - President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency Is ‘Worth Nothing,’ ECB Governor Claims The head of the eurozone’s
- [Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins](https://www.coinslegend.com/news/cryptos-barren-wasteland-a-look-at-whats-left-of-terras-defi-and-token-ruins/) - Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second to Ethereum in terms of total value locked. Today, the remaining
- [Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge](https://www.coinslegend.com/tw-technology/ethereum-has-destroyed-8-10-billion-in-ether-eth-scarcity-to-increase-after-the-merge/) - According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed. 2.35 Million Ethereum Burned — Ethereum Dev Says
- [Draft Law About NFTs Submitted to Russian Parliament](https://www.coinslegend.com/regulation/draft-law-about-nfts-submitted-to-russian-parliament/) - Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose Amendments Legally Defining NFTs Members
- [Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections](https://www.coinslegend.com/regulation/kevin-oleary-expects-us-crypto-regulations-to-come-out-after-midterm-elections/) - Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested in discussing crypto” when his approval ratings have sunk to record lows. O’Leary also cited other factors, including double-digit inflation and high food and gas
- [ETH Co-Founder Vitalik Buterin Says The Merge Could Happen in August, There’s Also ‘Risk of Delay’](https://www.coinslegend.com/news/eth-co-founder-vitalik-buterin-says-the-merge-could-happen-in-august-theres-also-risk-of-delay/) - Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin has further confirmed The Merge will likely happen in August. Buterin noted, however, that it’s quite possible there’s still a risk of delay, and The Merge could happen in September or October 2022. The Merge Could Happen in
- [Rich Dad Poor Dad’s Robert Kiyosaki Thinks Bitcoin Could Bottom Out at $9K — Reveals Why He Remains Bullish](https://www.coinslegend.com/market-updates/rich-dad-poor-dads-robert-kiyosaki-thinks-bitcoin-could-bottom-out-at-9k-reveals-why-he-remains-bullish/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he is still bullish about bitcoin. He’s waiting for the cryptocurrency to test a new bottom before getting in, which he indicated could be as low as $9K. Kiyosaki Believes the Price of Bitcoin Could Fall to $9K The
- [Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments](https://www.coinslegend.com/news/bill-gates-crypto-has-no-valuable-output-its-not-adding-to-society-like-other-investments/) - Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto is “not adding to society like other investments.” Bill Gates on Crypto, and Why He Isn’t Investing Microsoft co-founder Bill Gates shared his opinion about
- [Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT](https://www.coinslegend.com/regulation/singapore-high-court-injunction-blocks-sale-or-transfer-of-bayc-2162-nft/) - The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) that one man claims was wrongfully taken away from him. NFT Used as Collateral A Singapore man has won a court injunction that blocks the sale or potential transfer of
- [Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony](https://www.coinslegend.com/finance/report-brics-countries-told-to-consider-countering-the-dollars-global-hegemony/) - Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the dollar, whose global hegemony is thought to be abusive. Still, the experts concede that any attempt to diminish the dollar’s dominance will take time. BRICS Countries’ Dependence on the US-Dominated Global Financial System Chinese experts
- [Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting](https://www.coinslegend.com/news/sony-announces-metaverse-push-in-latest-annual-corporate-strategy-meeting/) - Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push.
- [SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection](https://www.coinslegend.com/news/swift-is-experimenting-with-decentralized-technologies-to-allow-cbdc-interconnection/) - SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments to ensure that the new set of CBDCs have cross-border payments and remittance capabilities.
- [Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/prepare-for-recession-musk-and-goldman-sachs-blankfein-weigh-in-galaxy-digitals-ceo-talks-on-terra-collapse-bitcoin-com-news-week-in-review/) - This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosion, the topic is all the more critical, but LUNA-tattooed Galaxy Digital CEO Mike Novogratz still thinks the “crypto revolution is here
- [Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report](https://www.coinslegend.com/altcoins/circle-to-issue-weekly-usdc-reserve-reports-tether-publishes-may-2022-assurance-report/) - The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via the Cayman Islands auditing company MHA Cayman. Circle CEO Says Firm’s
- [Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges](https://www.coinslegend.com/news/bitcoin-held-on-trading-platforms-continues-to-drop-lower-over-68-of-the-total-held-by-5-exchanges/) - Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today remains lower than ever before. Bitcoin
- [Crypto Mining Farm Uncovered in Russia’s Oldest Prison](https://www.coinslegend.com/mining/crypto-mining-farm-uncovered-in-russias-oldest-prison/) - Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in Moscow Prison A high-ranking representative of the management of Butyrskaya prison, in the Tverskoy
- [Biggest Movers: DOGE Nears 20-Day High, as TRON Also Surges](https://www.coinslegend.com/market-updates/biggest-movers-doge-nears-20-day-high-as-tron-also-surges/) - DOGE was trading higher on Monday, as prices rose to their highest level in almost 20 days. TRX was also in the green to start the week, as prices continued to climb, following a recent streak of bullish momentum. Dogecoin (DOGE) DOGE was a notable mover during today’s session, as prices rose to their highest
- [Biggest Movers: XTZ, FLOW Reach Multi-Week Highs on Tuesday](https://www.coinslegend.com/market-updates/biggest-movers-xtz-flow-reach-multi-week-highs-on-tuesday/) - XTZ rose to its highest point in nearly three weeks on Tuesday, as the token climbed for a second straight session. The move came as FLOW was also trading higher, as prices of the coin moved closer to $2. Overall, crypto markets were 0.90% lower as of writing. Tezos (XTZ) XTZ rose to a multi-week
- [Coinbase Reveals European Expansion Plan — Seeks Licenses in Spain, Italy, France, Netherlands](https://www.coinslegend.com/exchanges/coinbase-reveals-european-expansion-plan-seeks-licenses-in-spain-italy-france-netherlands/) - Cryptocurrency exchange Coinbase has revealed its plan to expand in several European markets. The company is reportedly in the process of registering a crypto exchange in Spain, France, Italy, and the Netherlands. Coinbase Expanding in Europe Coinbase Global Inc. (Nasdaq: COIN) is reportedly planning to expand operations in Europe, Bloomberg reported Wednesday, citing an interview
- [Biggest Movers: SAND up by 12% on Wednesday, Hitting a 10-Day High](https://www.coinslegend.com/market-updates/biggest-movers-sand-up-by-12-on-wednesday-hitting-a-10-day-high/) - SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing, the global crypto market cap is nearly 3% higher. The Sandbox (SAND)
- [Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise](https://www.coinslegend.com/news/israeli-crypto-company-etoro-lays-off-100-workers-spac-deal-terminated-company-eyes-private-raise/) - The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800
- [Sentient AI Does Not Equal Intelligent AI – Tau Uses Logic to Make Machines Truly Understand People](https://www.coinslegend.com/news/sentient-ai-does-not-equal-intelligent-ai-tau-uses-logic-to-make-machines-truly-understand-people/) - You’ve probably heard about Google’s LaMDA and the viral discussion about whether an AI can become sentient. The team at Tau argues that maybe, sentience of an AI is only a small part of its intelligence. Rather, the true intelligence of AI will be based on its ability to logically understand the needs of people
- [LBank Exchange Will List IX Token (IXT) on July 7, 2022](https://www.coinslegend.com/news/lbank-exchange-will-list-ix-token-ixt-on-july-7-2022/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. As an NFT-based strategy gaming platform,
- [GAIMIN Launches 5 New Interoperable, Cross-Game Utility NFTxg’s](https://www.coinslegend.com/news/gaimin-launches-5-new-interoperable-cross-game-utility-nftxgs/) - PRESS RELEASE. Zug, Switzerland, 6th July 2022: GAIMIN’s NFTxg solves the gamers key problem – how to build up an in-game inventory of assets able to be used across a number of different AAA games. GAIMIN has developed technology to allow game-based utility NFTs to be used within different games simultaneously, allowing users to build
- [Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge](https://www.coinslegend.com/mining/bitmain-launches-2400-megahash-e9-ethereum-miner-ahead-of-the-merge/) - On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches Antminer E9 for $4.17 per
- [Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’](https://www.coinslegend.com/news/cumberland-says-financially-burdened-crypto-firms-are-hanging-over-the-market-like-a-cloud/) - Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “​​rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed there’s a growing number of crypto companies feeling financial burdens, and “uncertainty” tied to stressed entities is “hanging over
- [Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia](https://www.coinslegend.com/news/demand-for-hardware-crypto-wallets-increases-amid-currency-restrictions-in-russia/) - Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians Buy More Hardware Crypto Wallets, Market Players Say Russian crypto users have
- [Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop](https://www.coinslegend.com/altcoins/elon-musks-boring-company-to-accept-dogecoin-payments-for-rides-on-las-vegas-transit-system-loop/) - Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. Elon Musk’s Boring Company to Accept Dogecoin Payments The Boring
- [Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market](https://www.coinslegend.com/news/bank-of-americas-active-crypto-users-drop-more-than-50-in-bear-market/) - Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that “consumers are pulling back on their net investment into
- [Bank of England: Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks](https://www.coinslegend.com/regulation/bank-of-england-crypto-needs-enhanced-regulatory-and-law-enforcement-frameworks/) - The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices could fall further. Bank of England Calls for Enhanced Crypto Regulation The Financial Policy Committee of the British central bank, the Bank of England (BOE),
- [Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet](https://www.coinslegend.com/news/roskomnadzor-media-watchdog-unblocks-leading-russian-crypto-news-outlet/) - Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related
- [Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July](https://www.coinslegend.com/news/zimbabwe-central-bank-gold-coin-sales-to-commence-in-late-july/) - Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins to Be Sold
- [Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto](https://www.coinslegend.com/news/dubai-property-developer-completes-real-estate-deals-worth-50m-via-crypto/) - According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and
- [Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT](https://www.coinslegend.com/finance/russias-industrial-giant-rostec-announces-blockchain-based-alternative-to-swift/) - Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks. Rostec Employs Distributed Ledger Technology to Substitute SWIFT Russian state-owned corporation Rostec has built a
- [Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’](https://www.coinslegend.com/news/governor-of-bank-of-spain-crypto-markets-are-bigger-than-subprime-mortgages-before-the-financial-market-crisis/) - Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008,
- [Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer](https://www.coinslegend.com/mining/ethereums-hashrate-surpasses-lifetime-high-as-the-merge-gets-closer/) - Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine commands 0.24% of the network’s hashrate. Ethereum’s Hashrate Captures Another Record High
- [Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’](https://www.coinslegend.com/finance/czech-central-bank-plans-tenfold-increase-in-gold-holdings-new-governor-says-precious-metal-good-for-diversification/) - The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest in stocks. Growing the CNB’s Shareholding The incoming governor
- [Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition](https://www.coinslegend.com/tw-technology/defi-educator-says-22-billion-in-eth-2-0-funds-wont-be-liquid-immediately-after-pos-transition/) - As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be
- [Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms](https://www.coinslegend.com/news/layoffs-spread-across-the-blockchain-industry-as-bear-market-cycle-impacts-crypto-firms/) - As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of its employees. The same day, one of the Middle East’s
- [Goldman Sachs President Warns of ‘Unprecedented’ Economic Shocks and Tougher Times Ahead](https://www.coinslegend.com/finance/goldman-sachs-president-warns-of-unprecedented-economic-shocks-and-tougher-times-ahead/) - Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John Waldron shared his outlook
- [US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021](https://www.coinslegend.com/news/us-regulator-investors-reported-losing-over-1-billion-in-crypto-to-scams-since-2021/) - The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC Says Scammers Stole Over $1 Billion in Crypto The U.S. Federal Trade Commission published a “Data Spotlight” report on crypto scams Friday. The FTC is
- [Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful](https://www.coinslegend.com/regulation/lawsuit-claims-us-labor-departments-crypto-guidance-is-unlawful/) - The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance The U.S. Department of Labor (DOL) and Secretary of Labor
- [Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors](https://www.coinslegend.com/news/ledgible-closes-20m-series-a-round-with-key-institutional-and-strategic-investors/) - PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi US, Commerce
- [Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA](https://www.coinslegend.com/news/philippines-crypto-wallet-service-provider-coins-ph-partners-with-the-pba/) - Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the
- [Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default](https://www.coinslegend.com/news/voyager-files-for-bankruptcy-citing-contagion-in-crypto-markets-three-arrows-capitals-loan-default/) - Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive action now.” Voyager’s Bankruptcy Filing Voyager Digital Ltd. (TSE: VOYG) announced
- [President of Panama Partially Vetoes Crypto Law Passed by National Assembly](https://www.coinslegend.com/news/president-of-panama-partially-vetoes-crypto-law-passed-by-national-assembly/) - Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill will have to be re-discussed, taking into
- [Cardano Vasil Hard Fork Postponed to Allow for More Testing](https://www.coinslegend.com/tw-technology/cardano-vasil-hard-fork-postponed-to-allow-for-more-testing/) - A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was “taking an abundance of caution
- [Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum](https://www.coinslegend.com/news/risk-of-significant-drawdowns-pushes-cypherpunk-holdings-to-sell-entire-stash-of-bitcoin-and-ethereum/) - On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the
- [Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin](https://www.coinslegend.com/regulation/russias-financial-watchdog-investigates-400-crypto-related-cases-director-tells-putin/) - Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of the Russian Federation,
- [Can Xchange Monster (MXCH) Become Crypto Giants Like Binance Coin (BNB) and Cardano (ADA)?](https://www.coinslegend.com/news/can-xchange-monster-mxch-become-crypto-giants-like-binance-coin-bnb-and-cardano-ada/) - PRESS RELEASE. The cryptocurrency industry has certainly become oversaturated with hundreds of crypto projects being established everyday with many of them failing before ever reaching any significant milestone. The mass success of the industry has led to many believing they can achieve that very same amount of success despite not putting in as much work
- [Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection](https://www.coinslegend.com/finance/grayscale-files-lawsuit-against-sec-over-spot-bitcoin-etf-rejection/) - Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Grayscale Takes SEC to Court Over Spot Bitcoin ETF Application Grayscale Investments
- [EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies](https://www.coinslegend.com/regulation/eu-agreement-reached-on-anti-money-laundering-rules-for-cryptocurrencies/) - European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s cryptocurrency market. EU Officials and Lawmakers Agree on AML
- [Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer](https://www.coinslegend.com/news/report-claims-samsung-is-producing-3nm-asic-chips-speculators-assume-first-customer-is-a-bitcoin-mining-rig-manufacturer/) - The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung may be creating application-specific integrated circuits (ASICs) for bitcoin miners. Sources Say
- [India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit](https://www.coinslegend.com/finance/india-hikes-duty-on-imported-gold-seeking-to-bring-down-trade-deficit/) - In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity. India’s Worsening Trade Deficit Faced
- [Central African Republic Reportedly Launches Crypto Coin, Bitcoiners Slam Move](https://www.coinslegend.com/news/central-african-republic-reportedly-launches-crypto-coin-bitcoiners-slam-move/) - Central African Republic (CAR) president Faustin-Archange Touadera announced recently that cryptocurrencies are an alternative to cash. Bitcoiners, however, insist the top cryptocurrency is the only solution to the CAR’s money problems. Formal Economy Not an Option Central African Republic president Faustin-Archange Touadera has said cryptocurrencies are an alternative to fiat cash. Touadera also claimed that
- [Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-hovers-slightly-above-20000-as-crypto-volatility-continues/) - BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most of Wednesday’s session, as bullish pressure continued
- [Project Kick-Off: STRMNFT Marketplace Hits 5,000 Registered Users](https://www.coinslegend.com/news/project-kick-off-strmnft-marketplace-hits-5000-registered-users/) - PRESS RELEASE. StreamCoin announced that more than 5,000 users have registered for its STRMNFT marketplace. The Web 3.0 live streaming company says it accomplished this feat in less than a month after opening user registration on May 31, 2022. StreamCoin users have been supporting its vision since January 2022, though the company also noticed significant
- [Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples](https://www.coinslegend.com/news/rap-star-snoop-dogg-believes-crypto-industry-will-bounce-back-crash-weeded-out-bad-apples/) - This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weeded’ out all of the people” that were not supposed to be in the space in the first
- [Onecoin’s Co-Founder Ruja Ignatova Has Been Added to the FBI’s 10 Most Wanted Fugitives List](https://www.coinslegend.com/news/onecoins-co-founder-ruja-ignatova-has-been-added-to-the-fbis-10-most-wanted-fugitives-list/) - One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday. In addition to adding the Cryptoqueen to the most wanted list, the FBI is offering a reward of up to $100K for tips that lead to
- [How Foresight Ventures Is Approaching Investments in the Current Market Environment](https://www.coinslegend.com/news/how-foresight-ventures-is-approaching-investments-in-the-current-market-environment/) - The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product market fit will all need partners to help expand their ecosystems.
- [Deutsche Bank Predicts Bitcoin Rising to $28K by Year-End — Warns ‘Crypto Free Fall Could Continue’](https://www.coinslegend.com/market-updates/deutsche-bank-predicts-bitcoin-rising-to-28k-by-year-end-warns-crypto-free-fall-could-continue/) - Deutsche Bank has predicted that the price of bitcoin will increase nearly 40% from the current level to $28K by the end of the year. The bank’s analysts also warned that “the crypto free fall could continue.” Deutsche Bank’s Bitcoin Price Prediction Deutsche Bank has reportedly predicted that the price of bitcoin will rise to
- [Argentinian Tax Agency Ramps Up Digital Wallet Seizures](https://www.coinslegend.com/news/argentinian-tax-agency-ramps-up-digital-wallet-seizures/) - The Argentinian Tax Agency, the AFIP, has ramped up the seizures of digital wallets of taxpayers in the country. The institution managed to seize more than 1,200 digital wallets of taxpayers that had debts and didn’t have a bank account, or other properties available to be collected by the courts. While the organization has yet
- [Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%](https://www.coinslegend.com/market-updates/terras-crypto-tokens-ust-and-luna-classic-mysteriously-pumped-this-week-ust-climbed-by-470/) - After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST has increased 472.4% this week.
- [Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies](https://www.coinslegend.com/news/midas․investments-wants-to-bridge-the-gap-with-cedefi-strategies/) - PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market. Traditional CeFi refers to centralized finance mechanisms such as crypto lending and borrowing, which have
- [Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies](https://www.coinslegend.com/news/report-crypto-market-crash-wipes-millions-of-dollars-from-north-koreas-kitty-of-stolen-cryptocurrencies/) - The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets and North Korea’s Weapons Programs The recent crash of the crypto market may
- [Financial Companies Report First Deal With Digital Assets Under Russian Law](https://www.coinslegend.com/finance/financial-companies-report-first-deal-with-digital-assets-under-russian-law/) - Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement of Digital Financial Assets VTB Factoring, a subsidiary of Russian majority state-owned Vneshtorgbank (VTB),
- [Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam](https://www.coinslegend.com/news/mastercard-report-51-of-survey-respondents-have-completed-a-cryptocurrency-transaction-in-latam/) - A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to
- [Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, Following a Drop Below $19,000](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-rebounds-on-friday-following-a-drop-below-19000/) - Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally higher on Friday, as markets rebounded following a bearish session
- [El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’](https://www.coinslegend.com/news/el-salvador-buys-80-more-bitcoin-as-btc-fell-below-19k-president-insists-bitcoin-is-the-future/) - El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvador Bought the Bitcoin Dip The president of El Salvador, Nayib Bukele, announced Thursday that his country has bought 80 more bitcoins. At the
- [Biggest Movers: SAND up 15% on Friday, as MATIC Rebounds From Near 10-Day Low](https://www.coinslegend.com/market-updates/biggest-movers-sand-up-15-on-friday-as-matic-rebounds-from-near-10-day-low/) - SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping to nearly a ten-day low on Thursday. Overall, crypto markets are up 1.30% as of writing. The Sandbox (SAND) SAND was one of the
- [Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties](https://www.coinslegend.com/news/troubled-crypto-hedge-fund-3ac-reprimanded-by-singapores-monetary-authority-liquidators-eye-su-zhus-properties/) - On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC
- [Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico](https://www.coinslegend.com/regulation/senator-indira-kempis-proposes-bill-to-make-bitcoin-legal-tender-in-mexico/) - Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been against the introduction of bitcoin into
- [Biggest Movers: ATOM up for Fourth Straight Session, While XTZ Rebounds on Saturday Low](https://www.coinslegend.com/market-updates/biggest-movers-atom-up-for-fourth-straight-session-while-xtz-rebounds-on-saturday-low/) - Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent losing sessions, with bulls seemingly buying this weeks’ dip. Cosmos (ATOM) Cosmos (ATOM) extended its recent bullish run on Saturday, as prices have
- [BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected](https://www.coinslegend.com/mining/btcs-lower-price-shrinks-bitcoin-mining-profits-hashrate-remains-unaffected/) - While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high coasting along at 180 exahash per second (EH/s) to 261 EH/s.
- [US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin](https://www.coinslegend.com/regulation/us-regulator-charges-south-african-mti-and-its-operator-with-1-7-billion-fraud-involving-bitcoin/) - The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme case involving the cryptocurrency. CFTC Takes Action Against MTI The CFTC announced Thursday that it has charged a “South African pool operator and CEO
- [Core Everscale Developers Broxus to Host Elysium Hackathon in Belgrade and Online](https://www.coinslegend.com/news/core-everscale-developers-broxus-to-host-elysium-hackathon-in-belgrade-and-online/) - PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale network. Everscale started off the year with its
- [Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed](https://www.coinslegend.com/finance/vladimir-putin-says-wests-attempt-to-crush-the-russian-economy-did-not-succeed/) - Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economists have been perplexed about the ruble’s market performance and Russian officials have been quoted as saying that a strong ruble “makes Russian exports
- [TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals](https://www.coinslegend.com/news/tsx-listed-voyager-digital-temporarily-suspends-trading-deposits-and-withdrawals/) - After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another
- [Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela](https://www.coinslegend.com/market-updates/crypto-exchange-coincoinx-to-launch-crypto-to-fiat-payments-app-in-venezuela/) - Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil, a banking service that allows seamless fiat transfers
- [Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020](https://www.coinslegend.com/news/study-aum-of-crypto-investment-products-at-record-lows-in-june-trust-products-garner-lowest-total-since-december-2020/) - The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June 23. Three Arrows Capital Insolvency Factor The
- [Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/sleeping-bitcoins-wake-up-kiyosaki-waits-for-1100-btc-and-zuckerberg-eyes-metaverse-money-bitcoin-com-news-week-in-review/) - As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark
- [Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-edges-closer-to-18800-support-level-on-saturday/) - Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high. Bitcoin The world’s largest cryptocurrency by market capitalization bitcoin
- [NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume](https://www.coinslegend.com/market-updates/nft-sales-stave-off-crypto-market-downturn-this-week-with-a-slight-uptick-in-volume/) - Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum saw the most NFT sales this
- [Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy](https://www.coinslegend.com/news/report-embattled-crypto-hedge-fund-three-arrows-capital-files-for-chapter-15-bankruptcy/) - The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files for Bankruptcy — ‘Tremors’ From the Crypto Market
- [EU Makes Deal on MiCA Legislation to Regulate Crypto Markets](https://www.coinslegend.com/regulation/eu-makes-deal-on-mica-legislation-to-regulate-crypto-markets/) - Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions.
- [Coinbase Responds to Reports of Selling Customer ‘Geo Tracking’ Data to US Government](https://www.coinslegend.com/finance/coinbase-responds-to-reports-of-selling-customer-geo-tracking-data-to-us-government/) - The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sell “proprietary customer data” after reports surfaced that its Tracer product is providing “historical geo tracking data” to the U.S. Immigrations and Customs Enforcement (ICE). Coinbase Responds to Reports of It Selling Customer Data to U.S. Government Cryptocurrency exchange Coinbase came under fire last
- [Meta Ending Crypto Project Novi After Mark Zuckerberg Unveiled Metaverse Digital Wallet](https://www.coinslegend.com/news/meta-ending-crypto-project-novi-after-mark-zuckerberg-unveiled-metaverse-digital-wallet/) - Meta Platforms, formerly Facebook, has announced the end of its crypto project Novi. Users are advised to withdraw funds as soon as possible. The announcement followed the introduction of a digital wallet for the metaverse, announced by Meta CEO Mark Zuckerberg. Crypto Project Novi Ending Facebook owner Meta Platforms Inc. (Nasdaq: META) announced Friday that
- [Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low](https://www.coinslegend.com/altcoins/ethereum-transfer-costs-continue-to-slide-network-fees-tap-a-19-month-low/) - On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees
- [Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company](https://www.coinslegend.com/news/report-huobi-to-start-layoffs-that-could-exceed-30-founder-may-sell-stake-in-company/) - According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Colin Wu
- [Kuwait-Based Islamic Bank Enters the Metaverse](https://www.coinslegend.com/tw-technology/kuwait-based-islamic-bank-enters-the-metaverse/) - Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been described as a first for an Islamic bank, the
- [Tax Agency Starts Checking Crypto Traders in Romania](https://www.coinslegend.com/regulation/tax-agency-starts-checking-crypto-traders-in-romania/) - Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million of undeclared crypto gains. Tax Authority in Romania Verifies
- [Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M](https://www.coinslegend.com/news/blockfi-ceo-says-ftx-has-an-option-to-acquire-crypto-lender-at-a-price-of-up-to-240m/) - According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up
- [Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen](https://www.coinslegend.com/news/exploit-forces-crema-finance-to-temporarily-suspend-services-8-7-million-stolen/) - According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker
- [Biggest Movers: ATOM Approaches 1-Month High, While MATIC Hits 1-Week High](https://www.coinslegend.com/market-updates/biggest-movers-atom-approaches-1-month-high-while-matic-hits-1-week-high/) - ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest level since June 29 in the process. Cosmos (ATOM) ATOM was trading higher on Tuesday, as prices rose to a multi-week high earlier in today’s
- [Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent](https://www.coinslegend.com/finance/euro-drops-to-20-year-low-against-the-us-dollar-tapping-1-028-per-unit-analyst-says-parity-is-imminent/) - The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe that the risk of “parity is just a matter of time now.”
- [Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper](https://www.coinslegend.com/news/legends-of-bezogia-reveals-sustainable-play2earn-mechanics-by-publishing-breakthrough-whitepaper/) - ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team has formulated proprietary formulas that algorithmically balance a sustainable gaming economy inside Legends of Bezogia. Featuring next generation graphics, a rich and deep storyline along with playable NFTs, Legends
- [Alexander Vinnik Serves Prison Term in France but No Freedom in Sight](https://www.coinslegend.com/news/alexander-vinnik-serves-prison-term-in-france-but-no-freedom-in-sight/) - Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recently dismissed an appeal filed by his defense against the transfer. US Extradition Continues to Haunt BTC-e’s Alexander Vinnik The alleged
- [Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say ‘Poland Is the Most Anti-NFT Country’](https://www.coinslegend.com/news/study-shows-singapore-leads-in-nft-searches-worldwide-researchers-say-poland-is-the-most-anti-nft-country/) - During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that global regions like Singapore and Hong Kong lead the pack in terms of NFT interest. The research further suggests
- [Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot](https://www.coinslegend.com/news/meta-to-slow-hiring-in-2022-hints-at-layoffs-after-metaverse-pivot/) - Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg had warned about the metaverse pivot of
- [](https://www.coinslegend.com/news/leaked-personal-data-of-1-billion-chinese-citizens-on-sale-for-10-bitcoins-hacker-claims-stolen-from-shanghai-police/) - A hacker claims to have stolen the personal data of a billion Chinese citizens from the Shanghai National Police (SHGA) and is selling it for 10 bitcoins. “This database contains many TB of data and information on billions of Chinese citizens.” 23 Terabytes of Data on a Billion Chinese Citizens on Sale for 10 Bitcoins
- [Singapore Considers Imposing New Restrictions on Crypto Trading](https://www.coinslegend.com/regulation/singapore-considers-imposing-new-restrictions-on-crypto-trading/) - The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.” MAS Considers New Restrictions on Crypto Trading Tharman Shanmugaratnam, the minister in charge of the Monetary
- [Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty](https://www.coinslegend.com/finance/argentina-runs-to-stablecoins-amidst-political-and-economic-uncertainty/) - Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that prompted the price of stablecoins in the country to rise by
- [Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld](https://www.coinslegend.com/news/crypto-lender-nexo-moves-forward-with-plan-to-acquire-troubled-rival-vauld/) - Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore Vauld’s Acquisition Singapore-based crypto lending and trading platform Vauld, which announced suspension of withdrawals and other
- [Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year](https://www.coinslegend.com/altcoins/jed-mccalebs-ripple-stash-down-to-81-million-co-founders-xrp-cache-likely-to-dry-up-this-year/) - After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left.
- [Russian Media Censor Roskomnadzor Blocks Major Crypto News Website](https://www.coinslegend.com/news/russian-media-censor-roskomnadzor-blocks-major-crypto-news-website/) - Bits.media, a leading news outlet in Russia’s crypto space, has been blocked by Russia’s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure. Roskomnadzor Denies Russians Access to Bits.media Crypto news website Bits.media became unavailable to most
- [Mad Money’s Jim Cramer Says Crypto Immolation Shows the Fed’s Job to Tame Inflation Is Almost Complete](https://www.coinslegend.com/market-updates/mad-moneys-jim-cramer-says-crypto-immolation-shows-the-feds-job-to-tame-inflation-is-almost-complete/) - The host of Mad Money, Jim Cramer, claims that “With the immolation of crypto, the Fed’s job is almost complete.” He stressed that “one front in the war on inflation that’s been an outstanding total victory for the Fed” is the battle against financial speculation. Jim Cramer on Fed’s Policy, Inflation, Crypto Jim Cramer discussed
- [Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad](https://www.coinslegend.com/mining/bank-of-russia-ready-to-legalize-crypto-mining-if-miners-sell-minted-coins-abroad/) - The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator’s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies for payments, even if only internationally. Central Bank of Russia
- [Former Google CEO Eric Schmidt Is Skeptical About the Metaverse Concept](https://www.coinslegend.com/tw-technology/former-google-ceo-eric-schmidt-is-skeptical-about-the-metaverse-concept/) - Eric Schmidt, who was CEO of Google, has declared that there is confusion about the concept of the metaverse and what it means for people. Schmidt stated that, even with a company like the former Facebook pivoting its operations to occupy the metaverse market, there is still not a clear definition of the concept and
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-hover-at-key-support-levels-to-start-week/) - Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started the week in the red, as the world’s largest crypto token continues
- [Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors](https://www.coinslegend.com/news/crypto-lender-vauld-suspends-withdrawals-company-is-discussing-restructuring-options-with-advisors/) - On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a
- [Biggest Movers: RUNE Rallies to Start the Week, as SAND Extends Recent Gains](https://www.coinslegend.com/market-updates/biggest-movers-rune-rallies-to-start-the-week-as-sand-extends-recent-gains/) - RUNE rose by over 10% to start the week, surging as global crypto markets pushed to enter the green on July 4. After a slow start to the day, the crypto market cap is up 3.15% as of writing, with SAND another notable mover, as it extended recent gains, rising by nearly 13% in the
- [Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response](https://www.coinslegend.com/news/analyst-says-duke-energy-corporation-is-studying-bitcoin-mining-applied-to-demand-response/) - According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs.
- [Dubai Is Preparing to Take Its Government to the Metaverse](https://www.coinslegend.com/tw-technology/dubai-is-preparing-to-take-its-government-to-the-metaverse/) - The Government of Dubai is preparing to make part of its offices available in the metaverse, according to reports. The country is currently seeking third parties to help it arrange the transition of some of its departments to the virtual world, per statements made at a metaverse event by Sharad Agarwal, chief metaverse officer of
- [Brazil Creates Crypto-Dedicated Investigation Unit](https://www.coinslegend.com/news/brazil-creates-crypto-dedicated-investigation-unit/) - The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about the safe use of cryptocurrencies. Cryptocurrency Crimes Unit Launched in Brazil Cryptocurrency crimes have
- [Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime](https://www.coinslegend.com/regulation/peter-schiffs-euro-pacific-bank-suspended-by-puerto-ricos-regulator-schiff-insists-no-evidence-of-crime/) - Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lose money.” Puerto Rico’s Regulator Suspends Peter Schiff’s Bank Euro Pacific Bank, owned by notorious bitcoin skeptic and gold bug Peter Schiff, has been suspended by
- [Metaverse Domains Are Trending as Minting Goes Live on Quik․com](https://www.coinslegend.com/news/metaverse-domains-are-trending-as-minting-goes-live-on-quik․com/) - Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain technology and are featured to be stored as an asset in the user’s digital wallet and held, sold, or even exchanged if
- [British Army’s Social Media Accounts Hacked to Promote Bitcoin Giveaways, Crypto Scams](https://www.coinslegend.com/news/british-armys-social-media-accounts-hacked-to-promote-bitcoin-giveaways-crypto-scams/) - The British Army’s official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto, including bitcoin and ether giveaway scams featuring Tesla CEO Elon Musk. British Army’s Social Media Accounts Used to Promote Bitcoin, Crypto, NFT Scams The British Army confirmed Sunday that its official Youtube and Twitter accounts were breached.
- [Ghana Changes Mind on IMF Bailout Days After Residents Staged Protests Against Worsening Economic Situation](https://www.coinslegend.com/news/ghana-changes-mind-on-imf-bailout-days-after-residents-staged-protests-against-worsening-economic-situation/) - The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s Growing Balance of Payments Deficit After initially refusing to seek
- [Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92](https://www.coinslegend.com/altcoins/trons-usdd-regains-stability-after-tapping-an-all-time-low-at-0-92/) - Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s
- [Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-back-above-1100-as-btc-briefly-hits-20k-on-tuesday/) - BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations. In
- [Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect](https://www.coinslegend.com/exchanges/indian-crypto-trading-volumes-plummet-after-new-tds-tax-rule-takes-effect/) - Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping by about 80%. Crypto Trading Volumes Fall Across India The trading volumes across crypto exchanges in India have fallen sharply after
- [UAE Charitable Foundation Receives Approval to Accept Crypto Donations](https://www.coinslegend.com/news/uae-charitable-foundation-receives-approval-to-accept-crypto-donations/) - Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to receive funding via what is described as one of the fastest-growing donation methods. Accepting Crypto Expands Foundation’s Donation Channels A United Arab Emirates (UAE) healthcare
- [Bank of America CEO: Regulation Won’t Let Us Engage in Crypto; Kiyosaki Talks Depression, Civil Unrest, and More — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/bank-of-america-ceo-regulation-wont-let-us-engage-in-crypto-kiyosaki-talks-depression-civil-unrest-and-more-bitcoin-com-news-week-in-review/) - The new LUNA records gains amidst controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on recession, depression, and looming civil unrest. To top it all off, Bank of America’s CEO said “we have hundreds of patents on blockchain” but that regulations are blocking the institution from engaging in crypto. This is
- [KryptoPips Creates the World’s First Multi-Broker Rewards Coin to Reward Various Trading Activities and Deliver Client Value](https://www.coinslegend.com/news/kryptopips-creates-the-worlds-first-multi-broker-rewards-coin-to-reward-various-trading-activities-and-deliver-client-value/) - PRESS RELEASE. KryptoPips, the world’s first multi-broker rewards coin, allows brokers to reward their clients for participating in various trading activities. As key drivers of customer loyalty, the rewards coins will enable brokers to acquire new customers and maintain existing ones, thereby growing the brand. The reward coins can help boost business and incentivise trading
- [Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison](https://www.coinslegend.com/regulation/localbitcoins-user-pleads-guilty-to-running-unlicensed-crypto-business-faces-up-to-5-years-in-prison/) - A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. Crypto Trader Pleads Guilty The U.S. Department of Justice (DOJ) continues to take action against crypto traders using services such as
- [2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down](https://www.coinslegend.com/news/2tm-group-parent-company-of-mercado-bitcoin-lays-off-90-workers-amid-market-cool-down/) - 2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making it reconsider its position, and reducing its operative expenses.
- [A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’](https://www.coinslegend.com/news/a-newly-published-book-claims-to-tell-the-real-story-behind-mysterious-bitcoin-creator/) - During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a man from
- [Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions](https://www.coinslegend.com/news/report-ripple-ceo-brad-garlinghouse-hints-at-future-mergers-and-acquisitions/) - While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely to Be the Buyer,’ Ripple Labs CEO Brad Garlinghouse Said During an Interview in Davos Just recently,
- [Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value](https://www.coinslegend.com/news/avalanche-co-founder-emin-gun-sirer-discusses-macro-conditions-and-avax-sliding-in-value/) - The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that
- [Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox](https://www.coinslegend.com/regulation/uganda-central-bank-says-it-is-open-to-crypto-firms-participating-in-regulatory-sandbox/) - The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Blockchain Association of Uganda (BAU). BAU Members Asked to Acquaint Themselves Sandbox Regulations The Ugandan central bank has said following talks
- [SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included](https://www.coinslegend.com/regulation/sec-launches-game-show-campaign-to-educate-investors-in-a-playful-way-crypto-included/) - The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a playful way.” One of the contestants in the game show chose to listen to a celebrity and invest in crypto. SEC Debuts ‘Game Show-Themed Public Service Campaign’ The SEC’s Office of Investor Education and Advocacy
- [Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance](https://www.coinslegend.com/news/dubais-retail-giant-majid-al-futtaim-accepts-crypto-at-29-shopping-malls-and-13-hotels-in-partnership-with-binance/) - Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance. Majid Al Futtaim Dives Into Crytpo With Binance Majid
- [Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’](https://www.coinslegend.com/finance/kim-dotcom-says-us-is-beyond-bankrupt-digital-entrepreneur-predicts-a-controlled-demolition-of-global-markets/) - On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims the “U.S. is beyond bankrupt.” Dotcom also talked about
- [Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam](https://www.coinslegend.com/mining/bitfarms-worried-about-the-fall-in-bitcoin-prices-amidst-its-investment-plan-in-latam/) - Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny
- [Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs](https://www.coinslegend.com/regulation/nigerian-blockchain-and-crypto-association-introduces-a-code-of-conduct-for-vasps/) - The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian Blockchain
- [Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances](https://www.coinslegend.com/news/survey-more-than-70-of-salvadorans-believe-the-bitcoin-law-has-not-improved-their-personal-finances/) - A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most Salvadorans believe the inclusion of bitcoin as legal tender, through
- [Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape](https://www.coinslegend.com/news/gate․ios-ninth-anniversary-the-remarkable-crypto-ecological-landscape/) - Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem encompassing a vast variety of digital assets that collectively offer a feature rich experience to its users. With the 9th anniversary celebrations now kicked off, Gate.io is bringing even more innovative features to its users
- [Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000 to Start the Week](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-surges-above-30000-to-start-the-week/) - Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on Monday, while ETH climbed by over 5%. Bitcoin The world’s largest cryptocurrency was trading higher on Monday, as prices once again rose above the $30,000 level. Following a low of $29,574.45
- [105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows](https://www.coinslegend.com/regulation/105-countries-are-exploring-central-bank-digital-currencies-cbdc-tracker-shows/) - There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch). 105 Countries Are Exploring CBDCs The Atlantic Council’s Geoeconomic Centre has released a major update to its Central Bank Digital Currency (CBDC) Tracker. According to
- [Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink](https://www.coinslegend.com/market-updates/monthly-nft-sales-have-dropped-over-65-lower-than-the-month-prior-nft-google-queries-sink/) - Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021.
- [Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High](https://www.coinslegend.com/market-updates/biggest-movers-ada-up-13-on-monday-theta-moving-towards-multi-week-high/) - Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged
- [Eurovision Winners’ NFT Auction Raises $900K for Charity](https://www.coinslegend.com/tw-technology/eurovision-winners-nft-auction-raises-900k-for-charity/) - Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. MetaHistory and Kalush Orchestra’s NFT Charity Auction The largest European crypto exchange originating from Ukraine, WhiteBIT
- [2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months](https://www.coinslegend.com/altcoins/2-tokenized-gold-crypto-projects-saw-massive-growth-over-the-last-15-months/) - 15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG), for instance, has seen
- [LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets](https://www.coinslegend.com/news/luna-2-0-token-loses-56-since-last-week-whistleblower-accuses-terraform-labs-of-owning-shadow-wallets/) - After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to the defi projects
- [Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store](https://www.coinslegend.com/tw-technology/wild-west-based-battle-royale-blockchain-game-grit-gets-listed-on-the-epic-games-store/) - On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company Epic Games is the producer of the Unreal Engine and the popular online video games Fortnite and
- [Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal](https://www.coinslegend.com/news/elon-musk-accuses-twitter-of-material-breach-of-agreement-threatens-to-end-44b-deal/) - Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide critical information relating to spam and fake accounts on its platform, Musk’s legal team explained. Elon Musk Could Terminate
- [Citigroup CEO: Europe More Likely to Head Into Recession Than US](https://www.coinslegend.com/regulation/citigroup-ceo-europe-more-likely-to-head-into-recession-than-us/) - Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the
- [Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam](https://www.coinslegend.com/news/bitso-partners-with-addem-capital-to-provide-cryptocurrency-investment-instruments-in-latam/) - Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options. Bitso Partners Addem Capital to Allow
- [Report: South Korea to Recruit Companies for Metaverse Content Creation Project](https://www.coinslegend.com/tw-technology/report-south-korea-to-recruit-companies-for-metaverse-content-creation-project/) - The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science
- [Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs](https://www.coinslegend.com/regulation/director-of-listed-chinese-company-embezzles-8-million-uses-funds-to-purchase-bitcoin-mining-rigs/) - A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives insist their evidence implicates him. Director’s Unsanctioned Use of Funds Discovered in
- [Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-plunges-below-1800-as-red-wave-intensifies/) - Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once again trading lower, as prices dropped below
- [Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop](https://www.coinslegend.com/mining/bitcoin-miners-may-get-another-break-this-week-as-networks-mining-difficulty-is-expected-to-drop/) - Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is expected to see a DAA
- [Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams](https://www.coinslegend.com/news/report-bored-ape-yacht-club-discord-attacker-may-have-been-involved-in-previous-nft-phishing-scams/) - On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC Discord server attacker may have been
- [Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action ](https://www.coinslegend.com/market-updates/biggest-movers-sol-slips-10-as-crypto-bears-return-to-action/) - SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, as today’s sell-off pushed prices closer
- [Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins](https://www.coinslegend.com/news/digital-real-will-be-used-by-banks-in-brazil-as-collateral-to-issue-their-own-stablecoins/) - The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins
- [Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis](https://www.coinslegend.com/finance/nobel-laureate-paul-krugman-compares-crypto-to-housing-bubble-and-subprime-crisis/) - Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash Nobel laureate
- [SpartaCats Troll DOGE With Billboard Near SpaceX Office](https://www.coinslegend.com/news/spartacats-troll-doge-with-billboard-near-spacex-office/) - PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind a smoking dog. Next comes an image
- [SEC Probes Binance — BNB Could Be Unregistered Security: Report](https://www.coinslegend.com/regulation/sec-probes-binance-bnb-could-be-unregistered-security-report/) - The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP
- [Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging](https://www.coinslegend.com/regulation/indian-regulator-cryptos-decentralized-nature-makes-regulation-challenging/) - India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary Standing Committee on Finance that the decentralized nature of crypto assets makes any consumer
- [Binance Pay, Alchemy Pay, ePayments, and QponBay Support Offline Crypto Payments for NFTs at ‘Artaverse’](https://www.coinslegend.com/news/binance-pay-alchemy-pay-epayments-and-qponbay-support-offline-crypto-payments-for-nfts-at-artaverse/) - PRESS RELEASE. Binance Pay, Alchemy Pay, ePayments, and QponBay are collaborating to facilitate offline crypto payment methods at ‘Artaverse’, an NFT and metaverse event to be held in Hong Kong from June 3rd to 12th. Participants of Artaverse will be able to use cryptocurrencies to buy NFTs directly on site. The cryptocurrencies supported are BNB,
- [Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa](https://www.coinslegend.com/regulation/brazilian-judge-dismisses-bitcoin-scam-masterminds-attempt-to-block-his-extradition-to-south-africa/) - A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg’s attempts to use his Brazilian family as the basis for seeking an
- [Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-btc-lower-as-bearish-momentum-returns-on-friday/) - Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session, as bearish momentum once again reigned supreme in crypto
- [Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful](https://www.coinslegend.com/news/organizer-of-binance-sponsored-crypto-tour-says-campaign-was-successful/) - A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by security agents reportedly spooked by large crowds that were following the campaign. The enthusiast said the high number of people that attended the BCAT tour proves that Nigerians “want to
- [Coinbase Derivatives Exchange Reveals Nano Bitcoin Futures Product](https://www.coinslegend.com/exchanges/coinbase-derivatives-exchange-reveals-nano-bitcoin-futures-product/) - On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.” Coinbase derivatives are regulated by the Commodity Futures Trading Commission (CFTC). Coinbase Introduces BIT,
- [Biggest Movers:  XRP up by Nearly 15%, as AVAX Climbs to 12-Day High on Friday](https://www.coinslegend.com/market-updates/biggest-movers-xrp-up-by-nearly-15-as-avax-climbs-to-12-day-high-on-friday/) - XRP rose by nearly 15% during today’s session, climbing to its highest point in over a week in the process. This rise in momentum within the crypto market also saw AVAX hit a 12-day high, following a gain of over 11% on Friday. XRP Bullish pressure in XRP intensified on Friday, as prices rose to
- [John McAfee’s Body Is Still in a Spanish Morgue a Year After He Passed, His Widow Wants Answers](https://www.coinslegend.com/news/john-mcafees-body-is-still-in-a-spanish-morgue-a-year-after-he-passed-his-widow-wants-answers/) - A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in a Spanish prison after Spain’s high court approved McAfee’s extradition to the United States. Today, McAfee’s body is still in a Spanish morgue as a legal case involving an independent autopsy is yet unresolved. John McAfee’s Controversial Death Investigation
- [Bitcoin of America Is Working to Solve the Gender Problem in the Crypto Industry](https://www.coinslegend.com/news/bitcoin-of-america-is-working-to-solve-the-gender-problem-in-the-crypto-industry/) - The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash at BTC 2022 with its all-female team. Bitcoin of America sent some of their top women executives
- [SHIB’s Shibarium Public Beta Is Planned for Deployment in Q3](https://www.coinslegend.com/news/shibs-shibarium-public-beta-is-planned-for-deployment-in-q3/) - The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba
- [Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions](https://www.coinslegend.com/market-updates/cryptocurrency-exchange-uphold-leaves-venezuela-due-to-us-sanctions/) - Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — shutting down accounts and requiring KYC controls that some users deemed excessive — declares that the exit from Venezuela has to do with
- [Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low](https://www.coinslegend.com/market-updates/biggest-movers-avax-sol-slip-by-14-on-wednesday-as-prices-near-1-week-low/) - SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In addition to this, AVAX saw a similar decline, as the token dropped for a fourth consecutive session, with prices moving below $20. Solana (SOL) SOL was lower in today’s session, as prices fell for
- [Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital](https://www.coinslegend.com/news/report-a-british-virgin-islands-court-order-liquidates-crypto-firm-three-arrows-capital/) - According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose what type of assets face liquidation, but the sources remarked
- [LBank Exchange Will List Delio (DSP) on June 30, 2022](https://www.coinslegend.com/news/lbank-exchange-will-list-delio-dsp-on-june-30-2022/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Delio (DSP) on June 30, 2022. For all users of LBank Exchange, the DSP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on June 30, 2022. Its native token DSP will be listed
- [Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves](https://www.coinslegend.com/finance/circle-partners-with-new-york-community-bancorp-bank-to-custody-usdc-reserves/) - Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with
- [Uzbekistan Presents Registration Requirements for Cryptocurrency Miners](https://www.coinslegend.com/regulation/uzbekistan-presents-registration-requirements-for-cryptocurrency-miners/) - Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations for Crypto Mining Sector Entities involved in cryptocurrency mining will need
- [Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins](https://www.coinslegend.com/news/microstrategy-buys-more-bitcoin-after-sec-says-btc-is-a-commodity-company-now-hodls-129699-bitcoins/) - Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The Nasdaq-listed software company Microstrategy has bought the bitcoin dip again. In a Wednesday filing with the
- [Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers](https://www.coinslegend.com/news/warren-buffett-backed-nubank-now-offers-crypto-trading-to-54-million-customers/) - Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of the world’s largest digital banking platforms, now offers cryptocurrency trading to all clients,
- [E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services](https://www.coinslegend.com/tw-technology/e-commerce-giant-ebay-files-trademark-applications-covering-wide-range-of-metaverse-nft-services/) - E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and
- [Report: Taiwan’s Central Bank May Need 2 Years to Complete Work on CBDC](https://www.coinslegend.com/news/report-taiwans-central-bank-may-need-2-years-to-complete-work-on-cbdc/) - Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s support, ensuring the system is stable, and building the
- [Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys](https://www.coinslegend.com/tw-technology/cryptoys-raises-23-million-to-mix-nfts-gaming-and-virtual-toys/) - Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and issue its own tokens. Cryptoys
- [Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value](https://www.coinslegend.com/finance/zimbabwe-to-hike-benchmark-rate-to-200-central-bank-minted-gold-coins-to-act-as-store-of-value/) - After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will “enable investors to store value.” Discouraging Speculative Borrowing Monetary
- [Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions](https://www.coinslegend.com/news/goldman-sachs-downgrades-coinbase-to-sell-rating-analyst-says-firm-needs-to-make-cost-base-reductions/) - Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will
- [Bitcoin, Ethereum Technical Analysis: ETH Remains Above $1,200, Despite Market Volatility Increasing](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-remains-above-1200-despite-market-volatility-increasing/) - ETH has managed to remain above the $1,200 level on Tuesday, despite an increase in price uncertainty in crypto markets. BTC fell below $21,000 in today’s session, as the global crypto market cap fell by as much as 2% earlier today. Bitcoin Following a marginally bearish start to the week, downward pressure intensified in today’s
- [While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards](https://www.coinslegend.com/market-updates/while-bitcoin-and-ethereum-dominance-slides-stablecoin-market-caps-reap-the-rewards/) - During the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than it is today. Bitcoin and Ethereum Dominance Has Dropped
- [Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy](https://www.coinslegend.com/news/celsius-stories-littered-with-people-familiar-with-the-matter-sources-report-claims-lender-struggles-with-arguments-over-bankruptcy/) - The embattled crypto lending platform Celsius has kept withdrawals and transfers frozen since June 12 and told the Celsius Network community that the “process will take time.” Since then, Celsius users are wondering why they are still receiving weekly rewards, and reportedly the company’s management has been arguing with its lawyers over whether or not
- [Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations](https://www.coinslegend.com/news/twitter-user-accuses-nexo-of-embezzlement-through-charity-crypto-lender-denies-allegations/) - A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius. Anonymous Allegations Against Co-Founders Circulated on Social Media A Twitter user going
- [Glassnode Report Says Bitcoin’s 2022 Price Drop Represents a Bear Market of ‘Historic Proportions’](https://www.coinslegend.com/news/glassnode-report-says-bitcoins-2022-price-drop-represents-a-bear-market-of-historic-proportions/) - The crypto economy has slipped under the $1 trillion mark to the $970 billion range, as a large number of digital currencies have lost more than half their USD worth since November 2021. Bitcoin is down 70% from the all-time high last year, and a new report from Glassnode Insights calls the current bear market
- [Book by Nigerian Author Reminds New Adopters Why Bitcoin Was Created](https://www.coinslegend.com/news/book-by-nigerian-author-reminds-new-adopters-why-bitcoin-was-created/) - Nigerian author and crypto advocate Nathaniel Luz has said his recently published book represents his attempt to remind people of the initial reason why bitcoin was created. He said bitcoin is the summation of over three decades of research and experimentation. Noise of Other Cryptos Drowning Out Message of Bitcoin A Nigerian author and crypto
- [Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More](https://www.coinslegend.com/market-updates/rich-dad-poor-dads-robert-kiyosaki-says-hes-waiting-for-bitcoin-to-test-1100-to-buy-more/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. He added that he will buy more if the cryptocurrency recovers from that price level. Robert Kiyosaki on Bitcoin Testing $1,100 The author of Rich Dad Poor Dad, Robert Kiyosaki, has
- [400+ Crypto Advertisements Violate Guidelines in India — ‘Some Influencers Talk About Crypto Without Understanding It’](https://www.coinslegend.com/regulation/400-crypto-advertisements-violate-guidelines-in-india-some-influencers-talk-about-crypto-without-understanding-it/) - The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are directed at influencers. “Some influencers talk so confidently about crypto without fully understanding it.” 419 Ads in Violation — Most Complaints Concern Influencers
- [Report: 75% Have Heard About Crypto in Spain, According to the CNMV](https://www.coinslegend.com/news/report-75-have-heard-about-crypto-in-spain-according-to-the-cnmv/) - The results of a new report commissioned by the CNMV, the securities watchdog in Spain, have found that three out of four citizens have heard about cryptocurrencies. However, the report, which included opinions from 1,500 participants, also found that this knowledge is still minimal, and that less than 10% have actually purchased cryptocurrency as a
- [Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now](https://www.coinslegend.com/news/crypto-losses-koinly-reveals-5-tax-hacks-you-need-now/) - PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether. Following the incredible bull market, crypto investors enjoyed over 2020 and 2021; you may
- [China Blockchain Alliance Executives: Virtual Currency the ‘Largest Ponzi Scheme in Human History’](https://www.coinslegend.com/news/china-blockchain-alliance-executives-virtual-currency-the-largest-ponzi-scheme-in-human-history/) - The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published op-ed that virtual currency is “undoubtedly the largest Ponzi scheme in human history.” However, they have said the “value of blockchain technology should not be ignored because of virtual currency.” Opinion Piece Claims 90% of
- [Mercado Pago Extends Its Cryptocurrency Services in Brazil](https://www.coinslegend.com/news/mercado-pago-extends-its-cryptocurrency-services-in-brazil/) - Mercado Pago, the digital payments company related to Mercadolibre, has recently announced the extension of the crypto services that it provides to users in Brazil. The company revealed it will now allow customers to deposit their own cryptocurrencies through third-party services and wallets into their cryptocurrency digital wallet with no cost associated. Mercado Pago to
- [Russian Parliament Adopts Tax Rules for Digital Assets](https://www.coinslegend.com/regulation/russian-parliament-adopts-tax-rules-for-digital-assets/) - Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian
- [Cappasity to Launch the Solution for Creating NFT-Based Loyalty Programs](https://www.coinslegend.com/news/cappasity-to-launch-the-solution-for-creating-nft-based-loyalty-programs/) - PRESS RELEASE. SANTA CLARA, CA, June 29, 2022/ — Cappasity provides solutions for 3D digitizing of products for online stores and classifieds. Soon, the platform will offer an NFT service, allowing store owners to create a new communication and marketing channel with their customers. Cappasity users will get the opportunity to create NFTs based on
- [Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges ](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-falls-below-20000-as-u-s-consumer-confidence-plunges/) - Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. Bitcoin The world’s largest cryptocurrency fell below $20,000 on hump day, as traders reacted to Tuesday’s
- [FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming](https://www.coinslegend.com/news/ftx-ceo-sam-bankman-fried-warns-more-crypto-company-insolvencies-are-coming/) - In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old billionaire says sometimes you have to do “what it takes to sort of stabilize things
- [Singapore Based Crypto Exchange Bybit Expands to Argentina](https://www.coinslegend.com/exchanges/singapore-based-crypto-exchange-bybit-expands-to-argentina/) - Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations. Bybit Lands in
- [Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning](https://www.coinslegend.com/news/chinese-state-run-media-warns-about-bitcoins-price-falling-to-zero-as-regulators-issue-fresh-crypto-warning/) - A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless China’s state-run newspaper Economic Daily published an article warning about bitcoin Wednesday, according to SCMP. The
- [Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business](https://www.coinslegend.com/tw-technology/japanese-virtual-ip-firm-raises-10-million-to-accelerate-metaverse-business/) - Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest funding round were two local companies, foreign investment
- [Saddle․Finance Creates New Standards for DeFi Trading](https://www.coinslegend.com/news/saddle․finance-creates-new-standards-for-defi-trading/) - DeFi is a sub-sector in the crypto industry that has witnessed significant innovation since its inception. However, the narrative has struggled to stay consistent, affecting the domain overall. The current bear market has wiped out more than half of DeFi Total Value Locked (TVL), hampering innovations. Furthermore, several projects have simply forked (copied) existing protocols
- [Albania to Start Taxing Crypto-Related Income From 2023](https://www.coinslegend.com/regulation/albania-to-start-taxing-crypto-related-income-from-2023/) - Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania Set to Impose Crypto Tax as Early as Next Year The Albanian state should
- [Biggest Movers: SHIB Surges 10% on Saturday, as NEAR Hits 2-Week High](https://www.coinslegend.com/market-updates/biggest-movers-shib-surges-10-on-saturday-as-near-hits-2-week-high/) - SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. Shiba Inu (SHIB) SHIB was one of the notable movers in crypto markets
- [Bitcoin, Ethereum Technical Analysis: ETH Climbs to Over $1,200 to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-climbs-to-over-1200-to-start-the-weekend/) - ETH moved into the $1,200 region to start the weekend, as prices rose for a third consecutive session. Bullish sentiment has been missing from crypto markets in recent months, however the timely return also saw BTC near its highest point this week. Bitcoin Bitcoin entered the weekend trading in the green, as bulls extended their
- [Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M](https://www.coinslegend.com/tw-technology/value-locked-in-defi-jumped-7-in-5-days-harmonys-horizon-bridge-siphoned-for-100m/) - While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain
- [A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday](https://www.coinslegend.com/news/a-string-of-200-sleeping-bitcoins-from-2010-worth-4-27-million-moved-on-friday/) - While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4
- [Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice](https://www.coinslegend.com/news/report-goldman-sachs-looks-to-buy-distressed-assets-from-celsius-crypto-lender-seeks-restructuring-advice/) - After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “people familiar with the matter” who said Celsius was hiring restructuring lawyers. At the time, the WSJ said Celsius was looking to hire the bankruptcy and restructuring law firm Akin Gump
- [Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital](https://www.coinslegend.com/mining/hardware-worth-1-9-million-stolen-in-russias-crypto-mining-capital/) - Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth 100 Million Rubles Police in the Russian Irkutsk Oblast
- [Bank of Russia Accelerates Schedule for Digital Ruble Project](https://www.coinslegend.com/finance/bank-of-russia-accelerates-schedule-for-digital-ruble-project/) - The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than originally planned.
- [British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’](https://www.coinslegend.com/regulation/british-mp-calls-for-liberal-crypto-regulation-says-no-country-can-stop-this-revolution/) - British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker stressed. British MP Wants ‘Liberal’ Crypto Regulation Matt Hancock, a Conservative member of parliament and
- [Binance Launches New Platform for VIP and Institutional Crypto Investors](https://www.coinslegend.com/exchanges/binance-launches-new-platform-for-vip-and-institutional-crypto-investors/) - Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform for VIP
- [Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform](https://www.coinslegend.com/regulation/netherlands-based-coinbase-customers-required-to-submit-kyc-data-when-transferring-crypto-off-the-platform/) - Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase,
- [Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board](https://www.coinslegend.com/finance/lebanon-inflation-rate-surges-to-211-economist-steve-hanke-recommends-a-currency-board/) - As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon
- [CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor](https://www.coinslegend.com/market-updates/cbdc-ensures-nigeria-remains-competitive-in-increasingly-digital-world-central-bank-governor/) - The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.” CBDC Gateway to Digital Economy The
- [Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DaOGE — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/ruble-hits-7-year-high-bukele-oleary-unfazed-by-crypto-downturn-elon-musk-will-keep-buying-doge-bitcoin-com-news-week-in-review/) - As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next market move will be. In spite of this, several influential voices remain unperturbed when it comes to the future of decentralized digital assets, with Salvadoran
- [Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months](https://www.coinslegend.com/finance/iran-aims-to-roll-out-pilot-version-of-crypto-rial-within-2-months/) - The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different From Cryptocurrencies, Central Bank Says Iranian
- [Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure](https://www.coinslegend.com/news/crypto-firm-voyager-digital-secures-a-500m-line-of-credit-from-alameda-ventures-to-cope-with-3ac-exposure/) - Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more access to liquidity. Voyager Borrows $500
- [Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst](https://www.coinslegend.com/news/harmonys-100m-hack-was-due-to-a-compromised-multi-sig-scheme-says-analyst/) - On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer, Mudit Gupta, the Horizon bridge attacker allegedly took control of the multi-signature wallet leveraged
- [Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks](https://www.coinslegend.com/news/yuga-labs-sues-artist-ryder-ripps-for-scamming-consumers-and-misusing-bored-ape-trademarks/) - The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks.
- [SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation](https://www.coinslegend.com/regulation/sec-chair-gensler-proposes-one-rule-book-crypto-regulation/) - The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in these markets,” said Gensler. SEC Chairman Calls for One Rule Book for Crypto SEC
- [Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta](https://www.coinslegend.com/tw-technology/mark-zuckerberg-expects-billions-of-people-to-use-the-metaverse-generating-massive-revenue-for-meta/) - Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark Zuckerberg on the Metaverse Mark Zuckerberg, the
- [Mining Ban Sparks Negative Reactions From Iran’s Crypto Community](https://www.coinslegend.com/mining/mining-ban-sparks-negative-reactions-from-irans-crypto-community/) - The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages during the hot summer months. Restrictions on Crypto Mining Are Ousting Iran From Global Coin Minting Industry, Critics Say After last year crypto miners
- [My Liquidity Partner (MLP) Is Now Available for Trading on LBank Exchange](https://www.coinslegend.com/news/my-liquidity-partner-mlp-is-now-available-for-trading-on-lbank-exchange/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed My Liquidity Partner (MLP) on June 23, 2022. For all users of LBank Exchange, the MLP/USDT trading pair is now officially available for trading. Utilizing liquidity partners’ crypto within the liquidity pools, My Liquidity Partner (MLP)
- [Tencent Launches Extended Reality Unit to Tackle the Metaverse Market](https://www.coinslegend.com/tw-technology/tencent-launches-extended-reality-unit-to-tackle-the-metaverse-market/) - Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, the company aims to employ over 300 in this unit, with Tencent giving it big
- [Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil](https://www.coinslegend.com/exchanges/binance-announces-new-payments-partner-amid-fiat-deposit-and-withdrawal-suspension-in-brazil/) - Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize the fiat deposit and withdrawal
- [Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet](https://www.coinslegend.com/tw-technology/meta-launches-meta-pay-a-metaverse-dedicated-digital-wallet/) - Meta, the metaverse-based platform, has announced the launch of a new wallet directed to support value interaction in the metaverse. Meta Pay, a rebrand of the former Facebook Pay service, will keep fulfilling the same functions that Facebook Pay did in the past, but will be developed as a universal way of paying for goods
- [Pocket Network Advances Its Multichain Strategy With Latest Milestone](https://www.coinslegend.com/news/pocket-network-advances-its-multichain-strategy-with-latest-milestone/) - PRESS RELEASE. TAMPA, Fla., June 27, 2022 / — Pocket Network, an infrastructure middleware protocol which facilitates decentralized multichain blockchain access to developer applications in Web3, including Ethereum, Polygon, Gnosis Chain, Avalanche, Solana, Fuse, Fantom and Near, recently marked a significant milestone in its multichain strategy with 50 supported blockchains on its network after integrating
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, as Both Run Into Strong Resistance](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-lower-as-both-run-into-strong-resistance/) - Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level. Bitcoin BTC was consolidating during today’s trading session, as bulls appear to have secured some profits
- [Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales](https://www.coinslegend.com/news/report-4b-in-bitcoin-mining-loans-are-in-distress-jpmorgan-analyst-says-price-pressure-stems-from-miner-sales/) - Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that roughly $4 billion in loans backed by crypto mining rigs are
- [Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid](https://www.coinslegend.com/finance/reports-claim-russia-defaulted-on-foreign-debt-for-the-first-time-in-a-century-kremlin-disagrees-and-says-it-paid/) - According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system. Russia Is Accused of
- [How Pionex’s Trading Bots Can Help Manage Risk](https://www.coinslegend.com/news/how-pionexs-trading-bots-can-help-manage-risk/) - Last month was a crypto rollercoaster. Bill Gates said crypto is based on greater fool theory. The market has lost more than $1 trillion dollars since November, and there are still signs of further damage, including Celsius’ pause on withdrawals. The wild west of finance is clearly suffering, and the whiplash pace of recent headlines
- [The New Eminem and Snoop Dogg Music Video Showcases Bored Ape Avatars](https://www.coinslegend.com/news/the-new-eminem-and-snoop-dogg-music-video-showcases-bored-ape-avatars/) - The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC and Mutant Ape Yacht Club (MAYC) owners. From the
- [Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon](https://www.coinslegend.com/regulation/report-moroccos-central-bank-to-unveil-crypto-regulation-bill-soon/) - The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering and anti-terrorism financing regulations being upgraded. Crypto Regulation Best Practices A Moroccan central bank committee
- [SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’](https://www.coinslegend.com/regulation/sec-chair-gensler-affirms-bitcoin-is-a-commodity-thats-the-only-one-im-going-to-say/) - The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity SEC Chairman Gary Gensler clarified his position on cryptocurrency, particularly bitcoin,
- [FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison](https://www.coinslegend.com/regulation/fbi-arrests-2-men-planning-violent-robbery-of-bitcoin-worth-millions-of-dollars-they-face-20-years-in-prison/) - The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of dollars,” according to the U.S. Department of Justice. They could go to prison for 20 years. 2 Men Charged
- [Myria Has Announced Free-to-Claim Alliance Sigil NFT for All New and Existing Community Members](https://www.coinslegend.com/news/myria-has-announced-free-to-claim-alliance-sigil-nft-for-all-new-and-existing-community-members/) - PRESS RELEASE. June 8, 2022: Myria Studios, the blockchain gaming division of Myria, announced that the company is rewarding its community members with its inaugural NFT drop — a free-to-claim Alliance Sigil NFT. For a limited time, all new and existing Myria community members can claim the exclusive NFT for free. The Alliance Sigil NFT
- [Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030](https://www.coinslegend.com/tw-technology/unity-ceo-predicts-websites-will-mutate-to-metaverse-destinations-before-2030/) - John Riccitiello, CEO of Unity, one of the leading real-time 3D engine providers, has predicted that the internet will become part of the metaverse in the next several years. The executive predicted that most websites will become metaverse destinations and that this change will be mostly completed by the year 2030. However, legacy sites will
- [Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions](https://www.coinslegend.com/regulation/ethiopian-central-bank-urges-residents-to-stop-engaging-in-crypto-transactions/) - The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of settling transactions in Ethiopia. Illegal Transactions The Ethiopian central bank has warned citizens against engaging in
- [Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-continues-to-consolidate-prices-move-slightly-above-30000/) - Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also marginally higher. Bitcoin The volatility in crypto markets was once again present during Wednesday’s
- [While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL](https://www.coinslegend.com/news/while-defi-total-value-locked-fell-by-51-since-the-end-of-q1-arrakis-finance-amassed-1-billion-tvl/) - PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked of $1 billion. DeFi TVL overall fell from $224B on April 1 to $109B on May 30, dipping by 51%. While nearly all major
- [Binance US Adds Staking Services for 7 Different Crypto Assets](https://www.coinslegend.com/news/binance-us-adds-staking-services-for-7-different-crypto-assets/) - Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US
- [Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run](https://www.coinslegend.com/market-updates/biggest-movers-link-remains-near-1-month-high-as-ada-extends-bull-run/) - LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around a one-month high during today’s session, following a recent four-day bull
- [New NFT Marketplace, myNFT, Seals $7m in Funding to Make NFTs Accessible to All](https://www.coinslegend.com/news/new-nft-marketplace-mynft-seals-7m-in-funding-to-make-nfts-accessible-to-all/) - PRESS RELEASE. New London-based NFT marketplace platform, myNFT, has announced its upcoming launch with the news that it has received Series A funding from some of the most prominent investors in the blockchain industry. myNFT believes that the current NFT industry is filled with barriers, blocking this revolutionary technology from being accessible to everyone. Their
- [Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network](https://www.coinslegend.com/altcoins/circle-announces-the-stablecoin-usdc-is-now-supported-by-the-polygon-network/) - Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Account and Circle APIs without the need for manual cross-chain bridge technology. Circle Reveals Polygon-Supported USDC Circle has revealed that usd
- [Checkout.com Reveals Merchants Can Accept and Make Payments in USDC](https://www.coinslegend.com/news/checkout-com-reveals-merchants-can-accept-and-make-payments-in-usdc/) - On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin. Checkout.com Leverages the Stablecoin USDC Checkout.com
- [Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges](https://www.coinslegend.com/news/paypal-upgrades-crypto-service-now-lets-users-transfer-cryptocurrencies-to-other-wallets-exchanges/) - Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,” Paypal revealed. Paypal Now Supports External Wallet Transfers Payments giant Paypal finally allows users
- [Citadel, Charles Schwab, Fidelity Join Forces to Build Cryptocurrency Trading Platform](https://www.coinslegend.com/news/citadel-charles-schwab-fidelity-join-forces-to-build-cryptocurrency-trading-platform/) - Citadel Securities and Virtu Financial are reportedly building a cryptocurrency trading platform with help from Fidelity Investments and Charles Schwab. “We know there is significant interest in this cryptocurrency space and we will look to invest in firms and technologies working to offer access with a strong regulatory focus and in a secure environment,” said
- [World Bank Warns of Global Recession, Stagflation — ‘This Is the Sharpest Slowdown in 80 Years’](https://www.coinslegend.com/finance/world-bank-warns-of-global-recession-stagflation-this-is-the-sharpest-slowdown-in-80-years/) - The World Bank has warned of a possible global recession. “For many countries, recession will be hard to avoid,” said World Bank President David Malpass. “This is the sharpest slowdown in 80 years.” World Bank on Global Recession, Stagflation The World Bank warned about the rising risk of stagflation and global recession Tuesday. World Bank
- [American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency](https://www.coinslegend.com/finance/american-economists-are-baffled-by-an-unusual-situation-as-russias-ruble-is-the-worlds-best-performing-fiat-currency/) - Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency decline in value, but Russia’s ruble has done the exact opposite. Russia’s Ruble Outshines
- [Hong Kong Regulator Reminds Investors of Risks Associated With NFTs](https://www.coinslegend.com/regulation/hong-kong-regulator-reminds-investors-of-risks-associated-with-nfts/) - Hong Kong’s securities regulator has warned investors to be wary of risks that are associated with non-fungible tokens (NFTs). The regulator also advised investors to consider investing in NFTs only if they fully understand the risks. NFTs ‘Straddle the Line Between Collectibles and Financial Assets’ A Hong Kong regulator has said NFTs face risks that
- [Colombia Takes First Steps Toward Regulating Cryptocurrency Exchanges](https://www.coinslegend.com/regulation/colombia-takes-first-steps-toward-regulating-cryptocurrency-exchanges/) - The Congress of Colombia has approved a bill that regulates the behavior of cryptocurrency exchanges in the country in its first discussion, taking the first steps to bring clarity to this issue. One of the creators of the bill, Mauricio Toro, a representative of the Green Party, stated that this bill is needed to protect
- [Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions](https://www.coinslegend.com/finance/yellen-downplays-stimulus-contributing-to-inflation-republicans-grill-us-treasury-secretarys-decisions/) - U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions”
- [Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-btc-slightly-lower-ahead-of-fridays-us-inflation-report/) - BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000 on Thursday, as traders began to anticipate the latest U.S. inflation report.
- [Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday](https://www.coinslegend.com/market-updates/biggest-movers-xtz-and-link-surge-to-1-month-highs-on-thursday/) - Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued its recent run on Thursday,
- [Bitcoin, Ethereum Technical Analysis: ETH on the Cusp of $1,200 Following Breakout of Key Resistance Level](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-on-the-cusp-of-1200-following-breakout-of-key-resistance-level/) - Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading, BTC was once again
- [Foresight Ventures Launches 200m Foresight Secondary Fund I to Invest in Private Round Crypto Assets](https://www.coinslegend.com/news/foresight-ventures-launches-200m-foresight-secondary-fund-i-to-invest-in-private-round-crypto-assets/) - Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity during current volatile market conditions. The fund is launched with Bitget Exchange as the largest single LP. Current market conditions have not diminished our long-term outlook on the development of the crypto market, we
- [Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment](https://www.coinslegend.com/regulation/bill-presented-in-brazil-seeks-to-include-crypto-as-approved-means-of-payment/) - A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be officially supported. New Bill Proposes
- [The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%](https://www.coinslegend.com/altcoins/the-number-of-tethers-in-circulation-dropped-by-over-12-billion-in-2-months-usdc-grew-by-9/) - During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation
- [Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday](https://www.coinslegend.com/market-updates/biggest-movers-hnt-nears-1-week-high-as-xmr-rebounds-on-friday/) - HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen for two of the last three days, and this comes as XMR climbed for the first time in nearly two weeks. Helium (HNT) HNT was trading higher today, as bulls re-entered the market following
- [ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals](https://www.coinslegend.com/news/ecb-considers-capping-digital-euro-in-circulation-at-4000-per-capita-panetta-reveals/) - With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The plan is to have a maximum amount of digital cash in circulation similar to that of euro banknotes today, the official unveiled. Eurozone’s Central Bank to Keep Total Digital Euro
- [Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android](https://www.coinslegend.com/news/digital-wealth-pioneer-yield-app-unveils-mobile-app-for-ios-and-android/) - PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is now taking on the mobile world with the launch of its iOS and Android app, as it continues on its mission to make
- [Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund](https://www.coinslegend.com/news/report-bitmex-deribit-liquidate-3acs-positions-negativity-continues-to-plague-the-crypto-hedge-fund/) - Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital currency companies have liquidated the hedge fund’s leveraged positions.
- [Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC](https://www.coinslegend.com/regulation/kenyan-law-enforcement-agency-arrests-two-students-accused-of-using-stolen-funds-to-buy-btc/) - Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would use the fraudulently acquired funds to sustain their lavish lifestyle.
- [SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze](https://www.coinslegend.com/regulation/sec-state-regulators-probe-crypto-lender-celsius-over-accounts-freeze/) - The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating the decision by crypto lender Celsius Network to
- [Revoland Holding IDO on EverStart](https://www.coinslegend.com/news/revoland-holding-ido-on-everstart/) - PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token that provides a payment and settlement method to interact with Revoland’s ecosystem.
- [Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year](https://www.coinslegend.com/tw-technology/value-locked-in-defi-slips-to-74-billion-top-smart-contract-tokens-down-over-70-this-year/) - Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion.
- [Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules](https://www.coinslegend.com/regulation/virtual-currency-based-sale-agreement-an-invalid-contract-chinese-court-rules/) - A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese court has ruled. The court asserts that a virtual currency does not have the same legal status as national fiat
- [Belgian Banking Group KBC Creates Blockchain-Based Coin](https://www.coinslegend.com/news/belgian-banking-group-kbc-creates-blockchain-based-coin/) - KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group
- [Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-below-20000-eth-slips-under-1000/) - Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended entering the weekend. Despite the best
- [Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low](https://www.coinslegend.com/market-updates/biggest-movers-bch-higher-to-start-the-weekend-matic-hits-15-month-low/) - On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Bitcoin Cash (BCH) Despite yet another red wave in crypto markets on Saturday,
- [Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower](https://www.coinslegend.com/mining/bitcoins-sinking-price-pushes-hashrate-below-200-exahash-mining-difficulty-expected-to-slide-2-8-lower/) - While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per bitcoin lower this week and
- [Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold](https://www.coinslegend.com/news/uganda-claims-exploration-surveys-discovered-31-million-metric-tons-of-gold/) - While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy and Mineral Development said there’s an estimated 320,158 tonnes of refined gold
- [Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction](https://www.coinslegend.com/mining/bitriver-to-mine-crypto-using-excess-gas-from-gazprom-nefts-oil-extraction/) - Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return develop the digital infrastructure at the oil producer’s wells in Russia. Crypto Mining Operator Bitriver to Cooperate With Russian Oil Giant Gazprom Neft
- [The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected](https://www.coinslegend.com/news/the-2-most-common-airdrop-phishing-attacks-and-how-web3-wallet-owners-can-stay-protected/) - In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different
- [Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher](https://www.coinslegend.com/market-updates/blackrocks-cio-bitcoin-and-crypto-are-durable-assets-prices-will-move-higher/) - The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,” he said, noting that “if you look two to three years hence, they will be higher than today.” Blackrock’s Executive on Bitcoin and Crypto Rick
- [Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior](https://www.coinslegend.com/market-updates/digital-collectible-downturn-nft-sales-slid-more-than-74-lower-than-the-month-prior/) - While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value,
- [Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports](https://www.coinslegend.com/regulation/spanish-treasury-introduces-new-crypto-tax-model-featuring-balance-reports/) - The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value in euros, including details of transactions with the addresses of
- [Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20 ](https://www.coinslegend.com/news/biggest-movers-matic-climbs-25-re-enters-crypto-top-20/) - MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today, hitting a 12-day high in the process. Polygon (MATIC) MATIC was one of the standout movers in crypto
- [Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds](https://www.coinslegend.com/news/three-arrows-capital-allegedly-owes-voyager-digital-655m-crypto-firm-is-unable-to-assess-if-it-can-recover-the-funds/) - According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by
- [Cryptostone Announces CPS Token Launch Date for Its Revolutionary Financial Ecosystem](https://www.coinslegend.com/news/cryptostone-announces-cps-token-launch-date-for-its-revolutionary-financial-ecosystem/) - PRESS RELEASE. Cryptostone, a genuinely anonymous, No-KYC blockchain financial ecosystem, has announced the token sale date for the CPS token. After a successful pre-sales round, which has raised over two million USD from thousands of followers, the token will be available for public sale from June 30, 2022. The project is creating the next evolution
- [E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin](https://www.coinslegend.com/news/e-commerce-giant-ebay-acquires-nft-marketplace-knownorigin/) - The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the company
- [Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’](https://www.coinslegend.com/news/do-kwon-interview-explains-hes-devastated-by-luna-collapse-says-theres-a-difference-between-failing-and-fraud/) - During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before the collapse, but lost a great portion
- [Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit](https://www.coinslegend.com/regulation/canadian-regulator-osc-takes-action-against-crypto-trading-platforms-kucoin-and-bybit/) - The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto Trading Platforms The Ontario Securities Commission (OSC) announced Wednesday the outcome of enforcement
- [“Play to Earn” to Own Remitano Network’s RENEC Token](https://www.coinslegend.com/news/play-to-earn-to-own-remitano-networks-renec-token/) - PRESS RELEASE. “Play & Earn” is no longer a strange term for most GameFi believers. Recently, Remitano Network, Remitano’s blockchain network, has launched a novel airdrop in the format of “Play to Earn”, allowing users to own the network’s RENEC token in the form of “group mining”. Starting from the free daily RENEC solo mining
- [Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off](https://www.coinslegend.com/regulation/fed-chair-powell-were-not-seeing-significant-macroeconomic-implications-from-crypto-sell-off/) - Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better Regulation Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banking, Housing,
- [ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability](https://www.coinslegend.com/regulation/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/) - The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets Regulation (MiCA) bill. Lagarde on Crypto Regulation ECB President Christine Lagarde talked about cryptocurrency regulation at
- [Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024](https://www.coinslegend.com/news/namibian-university-set-to-offer-masters-degree-in-blockchain-technology-in-2024/) - A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs. ‘Blockchain Is the Future’ A Namibian higher learning institution, the University of Namibia (UNAM), is set
- [NoVa Battles’ NoVa (NVA) Token Is Now Listed in Bitrue](https://www.coinslegend.com/news/nova-battles-nova-nva-token-is-now-listed-in-bitrue/) - PRESS RELEASE. NoVa Battles has taken another step forward by completing another major milestone, being listed on Bitrue. The centralized exchange, Bitrue, has announced that NVA passed the BTR Vote on the 21st of June, 2022. The launched listing pair is NVA/USDT. Deposits for this coin (ERC20 Network Supported) have already been enabled. NVA Token
- [Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors](https://www.coinslegend.com/regulation/swiss-regulator-urges-financial-watchdogs-to-protect-crypto-investors/) - Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still
- [Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia](https://www.coinslegend.com/regulation/bill-imposing-fines-for-illegal-issuance-and-exchange-of-digital-assets-proposed-in-russia/) - A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms Issuing and Trading Digital Currencies Outside Law Persons
- [Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance](https://www.coinslegend.com/news/portuguese-football-legend-cristiano-ronaldo-in-nft-partnership-with-binance/) - Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token (NFT) game and take football to the next level.” Iconic Piece of Sports History
- [GRN (G) Is Now Available for Trading on LBank Exchange](https://www.coinslegend.com/news/grn-g-is-now-available-for-trading-on-lbank-exchange/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed GRN (G) on June 24, 2022. For all users of LBank Exchange, the G/USDT trading pair is now officially available for trading. The blockchain industry has been a source of contention due to its wasteful use
- [Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’](https://www.coinslegend.com/market-updates/kevin-oleary-says-he-wont-sell-any-crypto-despite-downturn-you-just-have-to-stomach-it/) - Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it. You have to understand you’ll get volatility,” he stressed. Kevin O’Leary: I’m Not Selling Anything Shark Tank star Kevin O’Leary talked about bitcoin and other
- [Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues](https://www.coinslegend.com/market-updates/biggest-movers-mkr-up-20-to-start-the-week-whilst-avax-rebound-continues/) - MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed by over 10% on Monday, after hitting a ten-month low during the weekend. Maker (MKR) MKR was a notable mover to start the week, as prices climbed
- [‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year](https://www.coinslegend.com/news/bitcoin-is-dead-google-searches-skyrocket-bitcoin-obituaries-records-15-deaths-this-year/) - According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that said: “Bitcoin Will Not Recover.” Interestingly, Google Trends data shows that the search phrase “bitcoin is dead,” is estimated to hit an all-time high this
- [Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down](https://www.coinslegend.com/finance/cleveland-fed-president-loretta-mester-is-not-predicting-a-recession-says-inflation-will-move-down/) - Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will be moving down.” A 2%
- [SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation](https://www.coinslegend.com/regulation/sec-chair-warns-of-too-good-to-be-true-crypto-products-us-treasury-calls-for-urgent-regulation/) - The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need for regulatory frameworks that mitigate the risks posed by digital assets. SEC Chair
- [President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs](https://www.coinslegend.com/finance/president-biden-insists-us-recession-is-not-inevitable-treasury-secretary-yellen-concurs/) - President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that “inflation is unacceptably high.” Biden: U.S. Recession Isn’t Inevitable President Joe Biden
- [Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’](https://www.coinslegend.com/finance/deutsche-bank-expects-sooner-more-severe-us-recession-as-the-fed-takes-aggressive-hiking-path/) - Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning to show clear signs of slowing,” said the economists. Deutsche Bank’s Recession Forecast Deutsche
- [BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities](https://www.coinslegend.com/news/boso-tokyo-looks-to-bring-japanese-culture-to-the-world-via-innovative-use-of-metaverse-capabilities/) - Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of technological innovation right now through aspects such as cryptocurrencies, NFTs, P2E games, blockchain, and most recently the metaverse. With that being said, it can often prove difficult to ascertain which projects in
- [USDD Continues to Trade for Under $1 —  Tron DAO Reserve Insists Stablecoin Has Not Depegged](https://www.coinslegend.com/news/usdd-continues-to-trade-for-under-1-tron-dao-reserve-insists-stablecoin-has-not-depegged/) - Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the
- [Study: Today’s Metaverse Still Not Suited for Remote Work](https://www.coinslegend.com/tw-technology/study-todays-metaverse-still-not-suited-for-remote-work/) - A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity of employees, and also increase their frustration and anxiety related to remote work. 11% of the participants in the study felt so much discomfort that they could not complete even a day in
- [Visa Launches Bitcoin and Crypto Enabled Cards in Latam](https://www.coinslegend.com/news/visa-launches-bitcoin-and-crypto-enabled-cards-in-latam/) - Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners
- [Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand](https://www.coinslegend.com/mining/iran-to-shut-down-crypto-mining-farms-amid-record-high-power-demand/) - Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto Miners in Iran to Halt Operations Again Due to Electricity Shortages Authorized crypto mining
- [LBank Exchange Will List MintMe․com Coin (MINTME) on June 22, 2022](https://www.coinslegend.com/news/lbank-exchange-will-list-mintme․com-coin-mintme-on-june-22-2022/) - PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin (MINTME) on June 22, 2022. For all users of LBank Exchange, the MINTME/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on June 22, 2022. Providing a new and innovative way
- [Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months](https://www.coinslegend.com/market-updates/top-privacy-cryptocurrencies-by-market-cap-lost-half-their-value-in-less-than-2-months/) - Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to today’s valuation of around $5.09 billion. During that time frame, monero lost 48% in value while zcash shed 56% against the U.S. dollar. Privacy Coin Economy Sheds Billions Since End of April The
- [Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-btc-climb-for-back-to-back-sessions-for-first-time-in-nearly-2-weeks/) - Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away
- [Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price](https://www.coinslegend.com/market-updates/biggest-movers-doge-shib-near-10-day-highs-following-recent-surges-in-price/) - SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. Shiba Inu (SHIB) SHIB was once again in the green on Tuesday, as it continued to move away
- [Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’](https://www.coinslegend.com/finance/russian-ruble-taps-7-year-high-against-the-us-dollar-economist-says-dont-ignore-the-exchange-rate/) - Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the ruble’s exchange rate, Charles Lichfield,
- [Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX,  CEO Says Capital Will Bolster Its Balance Sheet](https://www.coinslegend.com/news/crypto-lender-blockfi-secures-250-million-line-of-credit-from-ftx-ceo-says-capital-will-bolster-its-balance-sheet/) - The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle
- [Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing](https://www.coinslegend.com/regulation/bank-of-spain-has-registered-17-crypto-companies-big-names-still-missing/) - The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. Bank of Spain Crypto Registry
- [Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-bullish-sentiment-returns-to-btc-following-yesterdays-sell-off/) - Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day. Following
- [Meta, Microsoft, and Others Launch Metaverse Standards Group](https://www.coinslegend.com/tw-technology/meta-microsoft-and-others-launch-metaverse-standards-group/) - Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to communicate. The Metaverse
- [Elon Musk Discusses Crypto Investing, Dogecoin Support, ‘Unresolved’ Twitter Issues, and Near-Term Recession](https://www.coinslegend.com/news/elon-musk-discusses-crypto-investing-dogecoin-support-unresolved-twitter-issues-and-near-term-recession/) - Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing Tesla CEO Elon Musk shared his thoughts on a wide
- [Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation](https://www.coinslegend.com/finance/goldman-sachs-sees-higher-us-recession-risk-citing-concerns-the-fed-will-respond-forcefully-to-high-inflation/) - Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows sharply,” they explained. Goldman Sachs on Increased Risk of Recession Goldman Sachs’ economists,
- [Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’](https://www.coinslegend.com/news/plan-bs-stock-to-flow-price-model-denounced-by-vitalik-buterin-says-model-can-be-harmful/) - For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price
- [Telegram Launches Premium Tier Benefits Seeking to Monetize Platform](https://www.coinslegend.com/news/telegram-launches-premium-tier-benefits-seeking-to-monetize-platform/) - Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to Pavel Durov, CEO
- [Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’](https://www.coinslegend.com/news/central-african-republic-president-on-btc-volatility-mathematics-dont-account-for-human-emotions/) - In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for “choosing the right path during
- [Ukraine Raises Over $100,000 From Cryptopunk NFT Sale](https://www.coinslegend.com/news/ukraine-raises-over-100000-from-cryptopunk-nft-sale/) - The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian
- [New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory](https://www.coinslegend.com/market-updates/new-philippines-central-bank-governor-crypto-investors-are-adherents-of-the-greater-fool-theory/) - The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” A ‘Very Scary’ Investment Strategy The new
- [Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences](https://www.coinslegend.com/news/embr-releases-checkout-to-future-proof-trust-in-web3-payment-experiences/) - Embr is an all-remote corporation building a global Web3 fundraising infrastructure, and Checkout is the first of many product releases focused on moving startups and creators into a new era of the internet. Web3 has the potential to rewrite the future of economic opportunity for innovators and investors everywhere. Still, crypto first-timers and veterans alike
- [Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services](https://www.coinslegend.com/regulation/wechat-to-prohibit-accounts-from-providing-some-nft-and-crypto-services/) - Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed
- [Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-down-as-two-day-winning-streak-ends-on-hump-day/) - Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump day, as bears seemingly re-entered the marketplace.
- [Bitcoin․com Exchange Market Insights Report for June 2022](https://www.coinslegend.com/news/bitcoin․com-exchange-market-insights-report-for-june-2022/) - This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and ETH were down 30% and 44% respectively over the
- [Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May](https://www.coinslegend.com/market-updates/biggest-movers-uni-moves-into-top-20-as-shib-hits-highest-point-since-may/) - Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth
- [Tether Launches Stablecoin Pegged to the British Pound Sterling](https://www.coinslegend.com/altcoins/tether-launches-stablecoin-pegged-to-the-british-pound-sterling/) - Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT. Tether Launches the Company’s 4th Fiat-Pegged Crypto Asset On June 22, 2022,
- [Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse](https://www.coinslegend.com/news/report-crypto-hedge-fund-three-arrows-capital-pitched-a-gbtc-arbitrage-trade-before-rumored-collapse/) - Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly
- [Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction](https://www.coinslegend.com/mining/following-btcs-price-drop-bitcoin-miners-benefit-from-a-2-35-difficulty-reduction/) - During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to
- [BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off](https://www.coinslegend.com/news/bis-says-crypto-weaknesses-have-materialized-following-market-sell-off/) - The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point, you really have to face the music.” BIS on Crypto Weaknesses The Bank of
- [Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It](https://www.coinslegend.com/market-updates/billionaire-seth-klarman-i-cant-see-the-point-of-crypto-nobody-needs-to-own-it/) - Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. Seth Klarman on Crypto Investing, Gold, and U.S. Dollar American billionaire investor and hedge fund manager Seth Klarman shared
- [LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts](https://www.coinslegend.com/news/lbank-exchange-continues-to-hire-amid-the-massive-crypto-job-cuts/) - PRESS RELEASE. Cryptocurrency exchange LBank has continued to hire more crypto and blockchain talents as well as interns for its global offices. Against the backdrop of extreme volatility in the crypto market and investors dumping risky assets, as well as certain crypto firms laying off employees and freezing withdrawals, LBank makes a move in the
- [Russia to Trial Digital Ruble Settlements for Real Estate Deals](https://www.coinslegend.com/news/russia-to-trial-digital-ruble-settlements-for-real-estate-deals/) - The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart Contracts on Digital Ruble Platform Russia’s central
- [Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful](https://www.coinslegend.com/news/elon-musk-hints-twitter-will-integrate-crypto-payments-if-his-takeover-bid-is-successful/) - Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the service,” he told Twitter’s employees in his first all-hands meeting with them. Twitter’s First All-Hands Meeting With Elon Musk, Integrating Crypto Payments Tesla and Spacex CEO Elon Musk, who may become the new owner
- [Mad Money’s Jim Cramer Expects Bitcoin to Fall to $12,000](https://www.coinslegend.com/market-updates/mad-moneys-jim-cramer-expects-bitcoin-to-fall-to-12000/) - The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto. Jim Cramer’s Bitcoin Price Prediction Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday. Cramer is a
- [Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout](https://www.coinslegend.com/altcoins/defi-protocol-abracadabras-stablecoin-mim-briefly-slides-to-0-91-during-the-crypto-market-rout/) - Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST) failure and USDD’s recent volatility last week. Stablecoin
- [Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’](https://www.coinslegend.com/regulation/bank-of-jamaica-governor-cryptocurrency-not-sufficiently-stable-to-be-a-good-means-of-payment/) - The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means of Payment The governor of the Bank of
- [Ukraine Joins European Blockchain Partnership as Observer](https://www.coinslegend.com/tw-technology/ukraine-joins-european-blockchain-partnership-as-observer/) - Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations. Ukraine Advances Toward Membership of European Blockchain Partnership Ukraine has been accepted as an observer in
- [Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book](https://www.coinslegend.com/news/namibian-educator-low-level-of-crypto-and-blockchain-adoption-in-africa-compelled-me-to-write-a-book/) - Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have made the attainment of this objective difficult. A Book of
- [$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/100k-btc-predictions-peter-schiff-on-recession-and-bitcoin-bill-gates-slams-nfts-bitcoin-com-news-week-in-review/) - It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate
- [Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors](https://www.coinslegend.com/news/class-action-lawsuit-accuses-terraform-labs-of-misleading-investors/) - Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others similarly situated and the law firm Scott+Scott LLP.
- [Sberbank to Conduct First Digital Asset Transaction on Own Platform](https://www.coinslegend.com/finance/sberbank-to-conduct-first-digital-asset-transaction-on-own-platform/) - Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank Prepares for Deal With Digital Financial Assets on Proprietary
- [Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’](https://www.coinslegend.com/news/cumberland-sees-massive-otc-moves-during-crypto-market-rout-most-volume-weve-seen-this-year/) - During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous year-to-date high on May 13. Cumberland Says ‘On Big Swings, More Volume
- [Binance Suspends Direct Deposits and Withdrawals in Brazil](https://www.coinslegend.com/news/binance-suspends-direct-deposits-and-withdrawals-in-brazil/) - Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states that Binance did not
- [Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market](https://www.coinslegend.com/market-updates/salvadoran-president-to-bitcoin-investors-your-btc-investment-is-safe-will-immensely-grow-after-bear-market/) - The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele, has spoken up about bitcoin investments amid BTC’s heavy sell-off. El Salvador has purchased
- [Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin](https://www.coinslegend.com/altcoins/tesla-ceo-elon-musk-confirms-hell-keep-buying-and-supporting-dogecoin/) - Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following his statements amid a crypto market downturn. Elon Musk Reaffirms Commitment to Dogecoin Tesla CEO Elon Musk reaffirmed his support for the meme cryptocurrency
- [McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’](https://www.coinslegend.com/tw-technology/mckinsey-the-metaverse-could-generate-5-trillion-by-2030-simply-too-big-to-be-ignored/) - Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030 Global management consulting firm McKinsey & Company published a report last week titled “Value
- [Meta Launches Metaverse Digital Clothing Store](https://www.coinslegend.com/tw-technology/meta-launches-metaverse-digital-clothing-store/) - Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that this will entice them to spend money on digital
- [Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE](https://www.coinslegend.com/regulation/digital-asset-exchange-coinmena-secures-provisional-license-allowing-it-to-operate-in-the-uae/) - Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but to “further strengthen [its] banking relationships within the UAE.” Expanding Coinmena’s Activities in the UAE A Bahrain-headquartered digital
- [Russian Finance Ministry Rules Out Sale of Oil for Bitcoin](https://www.coinslegend.com/finance/russian-finance-ministry-rules-out-sale-of-oil-for-bitcoin/) - The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency
- [Bitflex Commences BETA Testing With Zero-Trading Fees](https://www.coinslegend.com/news/bitflex-commences-beta-testing-with-zero-trading-fees/) - PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans to officially launch the exchange by October this year. The Bitflex exchange offers an aesthetically pleasing interface built-in
- [Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-back-above-20000-as-cryptos-rebound/) - Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session. Bitcoin Bitcoin rebounded from recent drops to start the week, as prices were
- [XOXO Is Flipping the Script and Announcing a Genesis Collection Auction](https://www.coinslegend.com/news/xoxo-is-flipping-the-script-and-announcing-a-genesis-collection-auction/) - PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the “XOXO Love stories”. 101 Exclusive non-perfect couples, that were handpicked by the Devirs, with a one-of-a-kind background love story. Each piece has a special narrative written individually by Maya and Yehuda
- [South Korean Government Calls for Voluntary Regulations From Crypto Industry](https://www.coinslegend.com/regulation/south-korean-government-calls-for-voluntary-regulations-from-crypto-industry/) - The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean government
- [Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians](https://www.coinslegend.com/exchanges/nearly-70000-issued-binance-refugee-crypto-card-for-ukrainians/) - Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial support. Binance Announces Results From Efforts to Help Ukrainian Refugees Between April 26 and
- [Agoras: Cryptocurrency Designed to Evolve Alongside Humanity](https://www.coinslegend.com/news/agoras-cryptocurrency-designed-to-evolve-alongside-humanity/) - Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what the software does for them and
- [Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-btc-remain-lower-ahead-of-federal-reserve-rate-decision/) - ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continues to peak. BTC was also lower, hovering slightly above $20,000. Bitcoin BTC was hovering marginally above $20,000 in today’s session,
- [Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here](https://www.coinslegend.com/market-updates/will-bitcoin-fall-to-13800-what-an-80-drawdown-will-look-like-from-here/) - On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing,
- [Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit](https://www.coinslegend.com/news/trons-usdd-remains-below-the-1-parity-for-24-hours-token-hits-a-low-at-0-95-per-unit/) - Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC to defend the peg and the DAO’s reserve web page shows the coin is overcollaterized by 314%
- [Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses](https://www.coinslegend.com/market-updates/biggest-movers-matic-slides-to-1-year-low-as-link-rebounds-following-losses/) - MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and comes as LINK rebounded on Wednesday, hitting a four-day high in the process. Polygon (MATIC) MATIC was a notable mover on hump-day, as prices of the world’s 20th-largest cryptocurrency fell by
- [Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency](https://www.coinslegend.com/news/report-three-arrows-capital-liquidated-for-millions-sources-say-crypto-hedge-fund-may-face-insolvency/) - According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening
- [Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy](https://www.coinslegend.com/news/ternoa-first-nft-centric-blockchain-releases-mainnet-setting-to-disrupt-nft-economy/) - PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of utilitarian NFTs by giving developers full technological stack, access to independent infrastructure, nodes, developers’ community, and funding. The project is guided by principles of security and ownership, made possible with a combination of decentralization and
- [US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994](https://www.coinslegend.com/finance/us-central-bank-hikes-benchmark-rate-by-75-bps-feds-largest-increase-since-1994/) - The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound
- [Russia Developing Sandbox for Cross-border Crypto Payments](https://www.coinslegend.com/news/russia-developing-sandbox-for-cross-border-crypto-payments/) - An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments for Exports in Dedicated Sandbox The Russian Export Center (REC), which is a
- [Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562](https://www.coinslegend.com/news/microstrategy-debunks-margin-call-rumor-says-bitcoin-liquidation-unnecessary-even-if-btc-falls-below-3562/) - The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other collateral,” the executive explained. Microstrategy Hasn’t Received a
- [GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg](https://www.coinslegend.com/news/gaimin-launches-the-worlds-first-interoperable-cross-game-utility-nft-gaimins-nftxg/) - PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg, a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory.
- [Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’](https://www.coinslegend.com/news/bill-gates-crypto-is-100-based-on-greater-fool-theory-im-not-involved-in-that/) - Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible
- [Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs](https://www.coinslegend.com/news/billionaire-sam-zell-ive-stayed-away-from-bitcoin-at-all-costs/) - The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical of Bitcoin While a growing number
- [Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments](https://www.coinslegend.com/regulation/bank-of-kyrgyzstan-issues-warning-about-cryptocurrencies-crypto-payments/) - Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges Caution With Cryptocurrency Cryptocurrencies and other virtual assets are increasingly spreading in Kyrgyzstan,
- [Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them](https://www.coinslegend.com/tw-technology/report-globant-finds-73-of-tech-professionals-believe-metaverse-is-accessible-to-them/) - A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to them. The report, titled “How the metaverse is transcending digital limits and reinventing our place in the physical world,” found that the metaverse is perceived as being accessible by 73% of the people consulted,
- [Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased](https://www.coinslegend.com/news/treasury-minister-of-el-salvador-dismisses-bitcoin-investment-losses-calls-media-reports-biased/) - Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC — had not been sold. He also qualified the
- [Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com](https://www.coinslegend.com/news/self-custody-is-more-than-a-feature-dennis-jarvis-ceo-of-bitcoin-com/) - While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized exchanges and centralized lending platforms that promise increasingly enticing returns. The good times never last, though. As markets peak and monetary policy tightens, companies that overleveraged on the way up expose themselves to liquidity risks. If
- [Bank of America: Consumer Interest in Crypto Remains Strong](https://www.coinslegend.com/news/bank-of-america-consumer-interest-in-crypto-remains-strong/) - Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the sector remains strong.” The report, which includes the bank’s new crypto survey, also shows “growing interest” in cryptocurrency’s use as a means of payment. Bank of America’s Inaugural Crypto Survey Bank of America Global Research published a
- [Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-moves-away-from-20000-following-historic-fed-rate-hike/) - Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the Fed responded by hiking rates by 0.75%. ETH was also marginally higher today. Bitcoin BTC was marginally higher on
- [NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%](https://www.coinslegend.com/tw-technology/nft-marketplace-opensea-migrates-to-seaport-protocol-transition-to-cut-network-fees-by-35/) - On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will no longer have to pay an account initialization fee. Opensea
- [Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin](https://www.coinslegend.com/news/elon-musk-tesla-spacex-facing-258-billion-lawsuit-for-promoting-dogecoin/) - Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has no value at all.”
- [Bitcoin of America Is Working to Solve the Gender Problem in the Cryptocurrency Industry](https://www.coinslegend.com/news/bitcoin-of-america-is-working-to-solve-the-gender-problem-in-the-cryptocurrency-industry/) - The cryptocurrency industry has a big gender problem when it comes to female involvement. Bitcoin of America (BOA), a popular virtual currency exchange, is looking to solve this major issue. BOA has been very open about their female involvement at conferences, expos, and even within their own company. Bitcoin of America revealed that most of
- [Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound](https://www.coinslegend.com/market-updates/biggest-movers-sol-trx-nearly-10-higher-as-crypto-prices-marginally-rebound/) - SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today’s session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on
- [Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’](https://www.coinslegend.com/news/report-celsius-hires-citigroup-to-help-the-startup-find-potential-financing/) - According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources note that Citigroup was hired by Celsius to help the company find “potential financing.” Sources Say Celsius Is Looking for
- [Circle Launches Second Major Stablecoin Backed 1:1 by the Euro](https://www.coinslegend.com/altcoins/circle-launches-second-major-stablecoin-backed-11-by-the-euro/) - On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token is now live on the Ethereum network and will be “available to mint and redeem on June 30th.” Circle Launches EUROC Circle has announced the
- [Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says](https://www.coinslegend.com/regulation/crypto-payments-possible-if-they-dont-penetrate-russias-financial-system-central-bank-says/) - Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be traded on platforms operating inside the country. Bank of Russia Chair Ready to Accept Cryptocurrency Payments for International Settlements Cryptocurrencies can
- [Metaverse Project GensoKishi Online Holds 2nd NFT Auction](https://www.coinslegend.com/news/metaverse-project-gensokishi-online-holds-2nd-nft-auction/) - PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the Metaverse is pleased to announce its 2nd commemorative NFT Auction to be held from June 15th, 2022 at 18:00 (UTC+8) to June 22nd, 2022 at 17:59 (UTC+8) ! The 2nd round NFT auction will feature
- [Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K](https://www.coinslegend.com/market-updates/billionaire-jeffrey-gundlach-says-he-wouldnt-be-surprised-at-all-if-bitcoin-falls-to-10k/) - Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems,” he explained. ‘Bond King’ Jeff Gundlach Discusses
- [Rock Legend Gene Simmons Owns 14 Cryptocurrencies — ‘I Have Not Sold a Single Position Since the Downturn’](https://www.coinslegend.com/news/rock-legend-gene-simmons-owns-14-cryptocurrencies-i-have-not-sold-a-single-position-since-the-downturn/) - Rock band Kiss’ lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market downturn. Gene Simmons Says ‘I am a Hodler’ Gene Simmons has reaffirmed that he is a hodler and has not sold any of his 14 cryptocurrencies since the crypto market downturn. Simmons
- [Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks](https://www.coinslegend.com/exchanges/kazakhstan-allows-registered-crypto-exchanges-to-open-accounts-at-local-banks/) - Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop Kazakhstan Into Regional Crypto Hub Regulations allowing crypto exchanges registered at the Astana International Financial Center
- [Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN)](https://www.coinslegend.com/news/bastyon-crypto-social-network-integrates-tor-network-and-releases-post-advertising-for-pocketcoin-pkoin/) - PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on the other hand, is a fast-growing social platform that combines elements of Youtube, Twitter and Torrent; it recently passed four hundred thousand users and growing fast. Bastyon is built on the premise
- [Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information](https://www.coinslegend.com/market-updates/study-7-6-million-south-africans-are-crypto-investors-social-media-main-source-of-crypto-related-information/) - About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by Kucoin cryptocurrency exchange have shown. According to the study, 72% of the respondents said they get information concerning particular crypto projects via social media. Influencers and media personalities were also found to be key opinion
- [Colombian Financial Superintendence Prepares Norms for Crypto Transactions](https://www.coinslegend.com/regulation/colombian-financial-superintendence-prepares-norms-for-crypto-transactions/) - The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the transactions and operations made using cryptocurrency assets in the country. The organization announced that it will present the document in the coming weeks, which will issue norms for the treatment of these assets in the
- [NFTICALLY Announces COMEARTH, the Leading E-Commerce Metaverse Ecosystem](https://www.coinslegend.com/news/nftically-announces-comearth-the-leading-e-commerce-metaverse-ecosystem/) - NFTICALLY, a Web3 E-Commerce SaaS platform that powers over 9,000 NFT Marketplaces & Storefronts globally, announces the world’s first e-commerce Metaverse ecosystem – COMEARTH. COMEARTH will allow brands to own virtual land and open storefronts, experience centers, or any virtual real estate imaginable and beyond to serve consumers in the Metaverse. Backed by a plethora
- [Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea](https://www.coinslegend.com/news/solana-ventures-launches-100-million-fund-focused-on-web3-projects-in-south-korea/) - Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and
- [‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn](https://www.coinslegend.com/news/education-is-power-jack-dorsey-and-jay-z-launch-a-bitcoin-academy-in-brooklyn/) - The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be
- [Blockchain Firm Edge Launches Confidential Crypto Mastercard](https://www.coinslegend.com/news/blockchain-firm-edge-launches-confidential-crypto-mastercard/) - The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind. Edge Reveals Privacy-Centric Crypto Mastercard The digital currency firm Edge
- [GensoKishi’s MV Token to Be Listed on Kraken](https://www.coinslegend.com/news/gensokishis-mv-token-to-be-listed-on-kraken/) - PRESS RELEASE. On June 9, 2022 at 14:30 UTC, the FIAT currency pairs of MV(ERC20)/USD and MV(ERC20)/EUR will be listed on Kraken, a leading crypto exchange. Genso believes that by listing MV on Kraken, Genso will be able to increase the reach of our Metaverse to more users, and therefore stimulate the GensoKishi Online Economy.
- [Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing](https://www.coinslegend.com/news/mad-moneys-jim-cramer-offers-advice-on-cryptocurrency-investing/) - The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer’s Advice on Crypto Investing Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is
- [EverRise Releases EverRevoke, Platform for Revoking Token and NFT Approvals](https://www.coinslegend.com/news/everrise-releases-everrevoke-platform-for-revoking-token-and-nft-approvals/) - PRESS RELEASE. EverRise, a leading web3 security and infrastructure platform, has released EverRevoke. The newest addition to the EverRise Ecosystem is a utility to review and revoke token and NFT approvals from a single place across multiple blockchains. EverRevoke supports five blockchains: Ethereum, BNB Chain, Polygon, Avalanche, and Fantom. Token approvals are an often overlooked
- [US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report](https://www.coinslegend.com/regulation/us-sec-investigating-do-kwons-terraform-labs-and-ust-collapse-report/) - The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches Investigation of Terraform Labs and UST The U.S. SEC is investigating Terraform Labs and its algorithmic stablecoin terrausd (UST),
- [Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600](https://www.coinslegend.com/finance/declare-the-side-hustle-americans-are-concerned-about-the-1099-k-tax-rule-for-payments-over-600/) - Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through a third-party payment network. US Residents Think
- [Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority](https://www.coinslegend.com/news/deloitte-survey-85-of-merchants-say-enabling-crypto-payments-is-high-priority/) - A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” Majority of Merchants Surveyed Plan to Enable Crypto
- [Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-prices-stall-heading-into-weekend/) - Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of
- [Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil](https://www.coinslegend.com/news/mercadolibre-inks-partnership-with-mastercard-to-secure-its-crypto-ecosystem-in-brazil/) - Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in
- [Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation](https://www.coinslegend.com/regulation/indian-governments-chief-economic-adviser-warns-of-danger-in-crypto-defi-without-regulation/) - The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s Chief Economic Adviser Skeptical of Crypto, Defi, Decentralization The Indian government’s chief economic adviser
- [US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers](https://www.coinslegend.com/regulation/us-treasury-secretary-yellen-warns-crypto-is-very-risky-unsuitable-for-most-retirement-savers/) - U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the type of investments allowed in retirement accounts, including 401(k) plans. Janet Yellen on Investing in Cryptocurrencies for Retirement The topic
- [New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies](https://www.coinslegend.com/news/new-american-express-credit-card-lets-shoppers-earn-crypto-rewards-tradable-across-100-cryptocurrencies/) - American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across over 100 different cryptocurrencies” without annual or foreign transaction fees. American Express and Abra Launching Crypto Rewards Credit Card American Express (Amex) and crypto trading platform and wallet provider Abra announced the upcoming launch of
- [Lithuanian Government Approves Stricter Crypto Regulations](https://www.coinslegend.com/regulation/lithuanian-government-approves-stricter-crypto-regulations/) - The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war in Ukraine. Lithuanian Authorities to Tighten Rules for Crypto Industry Lithuania is preparing to revise
- [Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July](https://www.coinslegend.com/market-updates/just-above-1-trillion-crypto-economys-value-slips-lower-than-the-lows-recorded-last-july/) - The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their all-time price highs. How Low
- [Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout](https://www.coinslegend.com/tw-technology/defi-platforms-and-smart-contract-tokens-suffer-the-most-during-the-crypto-market-rout/) - While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and
- [NXTT’s New Roadmap Looks Set to Strike Through the Bear Market](https://www.coinslegend.com/news/nxtts-new-roadmap-looks-set-to-strike-through-the-bear-market/) - Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market that has seen the value of almost everything drop precipitiously. Now, Next Earth is putting even more focus on its NXTT token to support a rally against the bear market. The company has announced a
- [US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’](https://www.coinslegend.com/finance/us-inflation-spiked-8-6-highest-in-40-years-economist-says-were-not-seeing-any-signs-that-were-in-the-clear/) - After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime
- [Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday](https://www.coinslegend.com/market-updates/biggest-movers-waves-near-hit-multi-week-lows-on-saturday/) - NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during Saturday’s session, falling by as much as 14%. Overall, crypto markets are down nearly 5% as of writing. Near Protocol (NEAR) NEAR was one of the most notable movers to start the
- [Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-falls-to-15-month-low-to-start-the-weekend/) - Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday into Saturday, as crypto prices responded to the latest
- [Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin](https://www.coinslegend.com/exchanges/report-five-south-korean-crypto-exchanges-respond-to-litecoin-mweb-upgrade-by-delisting-the-coin/) - Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following
- [Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/kim-dotcom-on-the-great-reset-strong-russian-ruble-puzzles-economists-and-more-bitcoin-com-news-week-in-review/) - This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are interested in the ruble’s strong performance in spite of sanctions against Russia, a new book emerges claiming to tell the “Real Story Behind Mysterious Bitcoin Creator
- [Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets](https://www.coinslegend.com/market-updates/meme-token-king-dogecoin-lost-91-in-value-since-last-years-high-doge-mining-revenue-plummets/) - After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest crypto market valuations
- [Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation](https://www.coinslegend.com/altcoins/stablecoin-market-nears-15-of-the-entire-crypto-economys-market-valuation/) - Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin market, stablecoins themselves represented 9.35%
- [Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets](https://www.coinslegend.com/news/moneygram-launches-usdc-crypto-to-cash-program-in-certain-markets/) - Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets, including Canada, Kenya, the Philippines,
- [EU Nears Agreement on Crypto Regulations, Report Reveals](https://www.coinslegend.com/regulation/eu-nears-agreement-on-crypto-regulations-report-reveals/) - Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month. Deal on EU Crypto Law Expected by End of
- [Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks](https://www.coinslegend.com/news/huobi-launches-blockchain-and-web3-investment-arm-ivy-blocks/) - Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more
- [Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4](https://www.coinslegend.com/market-updates/devere-group-predicts-a-bull-run-and-significant-bounce-for-bitcoin-in-q4/) - The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO Predicts a Bull Run in Q4 for Bitcoin Financial advisory and asset management firm Devere Group has predicted that the
- [Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’](https://www.coinslegend.com/finance/economist-peter-schiff-explains-why-he-expects-bitcoin-to-crash-as-recession-deepens-warns-dont-buy-this-dip/) - Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K. Peter Schiff Shares
- [Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’](https://www.coinslegend.com/market-updates/billionaire-stan-druckenmiller-prefers-bitcoin-over-gold-in-inflationary-bull-market/) - Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, he would prefer to have gold. Stanley Druckenmiller on Crypto, Bitcoin, and Blockchain Stan Druckenmiller shared his view on bitcoin and cryptocurrency investing
- [Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False](https://www.coinslegend.com/news/do-kwon-accused-of-cashing-out-2-7b-before-ust-collapse-terra-founder-says-allegations-are-false/) - Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however, has been keeping tabs on Fatman’s accusations
- [Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress](https://www.coinslegend.com/news/human-rights-advocates-insist-bitcoin-provides-financial-inclusion-refutes-claims-in-critics-letter-to-us-congress/) - Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from countries whose currencies have either collapsed or are cut off from the rest of the world. Bitcoin as a
- [Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs](https://www.coinslegend.com/market-updates/report-kenyan-and-nigerian-central-bankers-attack-cryptocurrencies-but-endorse-cbdcs/) - Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to
- [Russian Parliament to Review Bill Prohibiting Crypto Payments](https://www.coinslegend.com/regulation/russian-parliament-to-review-bill-prohibiting-crypto-payments/) - Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use of Cryptocurrency for Payments Submitted to Russian Parliament Russian lawmakers
- [XTRA․FUND – the World’s Only DeFi Platform That Always Rewards, No Matter the Market](https://www.coinslegend.com/news/xtra․fund-the-worlds-only-defi-platform-that-always-rewards-no-matter-the-market/) - The cryptocurrency Winter is (NOT) here to stay. If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a new technology to invest both time and money into. It is true that the cryptocurrency industry is currently experiencing another so
- [Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-drops-below-24000-to-lowest-level-since-december-2020/) - Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday, as crypto markets plunged to
- [Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash](https://www.coinslegend.com/market-updates/biggest-movers-doge-sol-hit-1-year-lows-as-cryptos-crash/) - DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the week. Solana (SOL) SOL’s sell-off saw prices fall to their lowest level since
- [Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets](https://www.coinslegend.com/news/celsius-insolvency-rumors-swirl-after-company-pauses-withdrawals-nexo-offers-to-buy-firms-assets/) - On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around
- [OpiPets: The Rise of Blockchain in Formula 1](https://www.coinslegend.com/news/opipets-the-rise-of-blockchain-in-formula-1/) - PRESS RELEASE. Formula One is one of the greatest sports in the world and brings about the best automobile teams which compete for the title yearly. From the racing tracks in Spa to the roads of Monte Carlo in Monaco, Formula One has developed into a billion-dollar industry with teams and drivers boasting a cult
- [Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’](https://www.coinslegend.com/news/lawsuit-accuses-binance-us-of-selling-unregistered-securities-false-advertising-terra-ust-as-safe/) - A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last few years. The lawsuit accuses Binance US of marketing
- [Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity](https://www.coinslegend.com/news/trons-stablecoin-usdd-falls-to-0-97-usdc-deployed-to-defend-the-1-parity/) - After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital currency. Sun explained that the Tron DAO Reserve would deploy
- [Crypto Lending Company Blockfi Cuts Staff by 20%](https://www.coinslegend.com/news/crypto-lending-company-blockfi-cuts-staff-by-20/) - On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message written by Blockfi co-founders Zac Prince and Flori Marquez follows a slew of well known crypto firms cutting back employees due to
- [Skybridge Founder Advises How to Survive Crypto Bear Market — ‘We Are in a Bloodbath’](https://www.coinslegend.com/market-updates/skybridge-founder-advises-how-to-survive-crypto-bear-market-we-are-in-a-bloodbath/) - Anthony Scaramucci, the founder of Skybridge Capital, a $3.5 billion asset management firm, has some advice for crypto investors on how to survive a bear market and a crypto bloodbath. Scaramucci on How to Survive Crypto Bear Market Skybridge Capital founder Anthony Scaramucci shared his bitcoin outlook and advice on how to survive the crypto
- [Legend Animator from Japan to Launch Identity Defining NFT Brand “BOSO Tokyo”](https://www.coinslegend.com/news/legend-animator-from-japan-to-launch-identity-defining-nft-brand-boso-tokyo/) - PRESS RELEASE. BOSO TOKYO announce the launch of NFT project “BOSO TOKYO” , an identity defining brand in the Metaverse To commemorate its launch, BOSO TOKYO has launched a giveaway campaign for their NFT. Check out the details here for a chance to win a BOSO TOKYO NFT by completing a few simple tasks. ABOUT
- [PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End](https://www.coinslegend.com/market-updates/pwc-majority-of-crypto-fund-managers-surveyed-predict-bitcoin-could-reach-100k-by-year-end/) - Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of this year. Bitcoin’s Price Estimate by Crypto Fund Managers PWC, a Big Four accounting firm, published its “4th Annual Global
- [JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed](https://www.coinslegend.com/finance/jpmorgan-economist-expects-the-fed-to-hike-benchmark-rate-by-75-bps-as-global-markets-bleed/) - The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the
- [Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments](https://www.coinslegend.com/news/argentinian-cryptocurrency-exchange-buenbit-launches-stablecoin-yield-instruments/) - Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC
- [Co-founder of Argentinian Tech Giant Globant Thinks Companies Should Take Metaverse, NFTs, and Crypto Seriously](https://www.coinslegend.com/news/co-founder-of-argentinian-tech-giant-globant-thinks-companies-should-take-metaverse-nfts-and-crypto-seriously/) - Guibert Englebienne, co-founder of Globant, an Argentinian software development company, stated that all companies should be aware of what nascent technologies such as crypto, NFTs, and the metaverse are offering. Englebienne explained that these new technologies might disrupt the operations of existing businesses, and that some time might need to be invested to understand these
- [Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action](https://www.coinslegend.com/regulation/bitcoin-fraud-accused-south-african-radio-presenter-threatens-legal-action/) - Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said he will take legal action against individuals that have reported him to the police. His lawyer insisted that no evidence will be found because Mogale never committed fraud. Five Fraud Cases Opened Against Mogale Sebasa
- [Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse](https://www.coinslegend.com/exchanges/report-south-korean-crypto-exchanges-to-create-body-to-preempt-another-terra-luna-type-of-collapse/) - Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening Guidelines Five of South Korea’s leading domestic cryptocurrency exchanges have said
- [Dohrnii DAO Crypto Giveaway: Ready to Win $100K in Bitcoin?](https://www.coinslegend.com/news/dohrnii-dao-crypto-giveaway-ready-to-win-100k-in-bitcoin/) - Do you want to win $100,000 in BTC? Yes, that’s right – Dohrnii DAO has recently announced a major crypto giveaway! In celebration of the DHN token launch, and the promise to give back to their community, they’re offering this unique opportunity to whoever buys DHN from June 6 to August 7, and stakes for
- [Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-falls-to-20000-range-as-sell-off-extends/) - Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their
- [Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token](https://www.coinslegend.com/altcoins/despite-overcollateralized-reserve-trons-usdd-stablecoin-slips-to-0-974-per-token/) - Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s stablecoin USDD has once again dropped to $0.974 per unit, indicating a small amount of instability continues to plague the fiat-pegged token. The dip to $0.97 follows Monday’s deviation from the parity and comes after the Tron
- [Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash](https://www.coinslegend.com/market-updates/biggest-movers-theta-hnt-rise-over-20-despite-crypto-crash/) - THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by as much as 20% earlier in today’s session. Theta Network (THETA) THETA was one of the most notable movers during today’s session, as prices gained by nearly 20% earlier in the day. Following
- [Coinbase Reduces the Size of the Firm’s Workforce by 18%](https://www.coinslegend.com/news/coinbase-reduces-the-size-of-the-firms-workforce-by-18/) - Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew Too Quickly,’ Crypto Exchange CEO Says On June 14, Coinbase published
- [Ranked Wall Street Analyst, Founder of altFINS, Democratizes Crypto Investing](https://www.coinslegend.com/news/ranked-wall-street-analyst-founder-of-altfins-democratizes-crypto-investing/) - The Fair token launch gives its community an equal opportunity to participate in lieu of easy upfront cash from private sales or pre-sale. AFINS fair launch manifesto Richard Fetyko is the CEO and Founder of altFINS, the best crypto trading analytics platform. He worked 14 years on Wall Street in Equity Research at several investment
- [Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving](https://www.coinslegend.com/mining/bitcoin-hashrate-briefly-slips-below-200-eh-s-during-market-rout-less-than-100k-blocks-left-until-the-halving/) - After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the 200 EH/s region. Hashrate Drops to 182 EH/s
- [Binance Reveals Incident That Forced It to Freeze BTC Withdrawals](https://www.coinslegend.com/news/binance-reveals-incident-that-forced-it-to-freeze-btc-withdrawals/) - In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take
- [Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’](https://www.coinslegend.com/regulation/bank-of-englands-governor-warns-about-crypto-amid-bloodbath-be-prepared-to-lose-all-your-money/) - The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender Celsius abruptly froze withdrawals. He stressed that investors should be prepared to lose all their money, emphasizing that crypto has no intrinsic value. Bank of England’s Governor Warns About Cryptocurrency Following Celsius’ Withdrawal Freeze Bank
- [Bank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months](https://www.coinslegend.com/news/bank-of-america-90-of-us-adults-surveyed-plan-to-buy-crypto-in-6-months/) - A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months. Moreover, nearly 40% of respondents revealed that they use cryptocurrency as a means of payment. Bank of America’s Crypto Survey Bank of America (BOA) analyst Jason Kupferberg shared his crypto
- [Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’](https://www.coinslegend.com/regulation/bank-of-canadas-official-crypto-needs-regulation-before-it-becomes-a-lot-larger/) - Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area that is still small, but it’s growing really rapidly,” the official said. Bank of Canada’s Official Stresses the Importance of Crypto Regulation Bank
- [Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship](https://www.coinslegend.com/news/report-celsius-seeks-help-from-restructuring-lawyers-over-financial-hardship/) - Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys is one of the first stages of fixing a company’s financial hardship by essentially attempting to avoid insolvency.
- [Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto](https://www.coinslegend.com/news/hackers-are-cloning-web3-wallets-like-metamask-and-coinbase-wallet-to-steal-crypto/) - Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving the appearance that the user is downloading an original app. Malicious Cluster Targets
- [Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low](https://www.coinslegend.com/finance/report-lebanese-pound-exchange-rate-against-dollar-plunges-to-all-time-low/) - After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis is worsening, the black market exchange rate of the Lebanese
- [Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report](https://www.coinslegend.com/news/turkey-drafting-crypto-bill-to-submit-to-parliament-in-coming-weeks-report/) - Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last week, citing two unnamed Turkish officials familiar with the
- [Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund](https://www.coinslegend.com/news/old-fashion-research-launches-100-million-latam-and-emerging-markets-crypto-metaverse-fund/) - A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying crypto projects to emerging markets
- [Vybe Pre-Launches a Social Media Mining App](https://www.coinslegend.com/news/vybe-pre-launches-a-social-media-mining-app/) - PRESS RELEASE. Miami, Florida. – Vybe, LLC announced today that they are building an app that lets people mine their social media for cryptocurrency. “What if you earned crypto for every like you earned on social media?” Vybe Business Development Manager Blake Marum said, “That’s what Vybe does. It connects your content creator sites to
- [Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,000 as Crypto Rally Extends](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-back-above-2000-as-crypto-rally-extends/) - ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally,
- [Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist](https://www.coinslegend.com/market-updates/crypto-fear-and-greed-index-shows-extreme-fear-and-shaky-sentiment-persist/) - For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a ranking score of 16 out of 100. Crypto Fear and Greed Index Remains in
- [Terra Development Team Reveals Some Users ‘Received Less LUNA From the Airdrop Than Expected’](https://www.coinslegend.com/news/terra-development-team-reveals-some-users-received-less-luna-from-the-airdrop-than-expected/) - The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra development team revealed that some Terra token owners “received less LUNA from the airdrop than expected,”
- [Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session](https://www.coinslegend.com/market-updates/biggest-movers-waves-nearly-60-higher-as-axs-surges-close-to-25-in-todays-session/) - WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES WAVES was one of Tuesday’s biggest gainers, as prices rose by nearly 60% earlier in today’s
- [Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets](https://www.coinslegend.com/market-updates/fresh-gains-push-bitcoin-back-into-the-worlds-top-10-most-valuable-assets/) - While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. Despite Losing Over 16% in
- [CA GameFi, Subsidiary of CyberAgent, Announces “ProjectTB”  That Delivers “Just Enjoy and Earn” to Players Around the World](https://www.coinslegend.com/news/ca-gamefi-subsidiary-of-cyberagent-announces-projecttb-that-delivers-just-enjoy-and-earn-to-players-around-the-world/) - PRESS RELEASE. CA GameFi Inc., (headquartered in Shibuya-ku, Tokyo, Japan; Taro Yamamoto, Represent ative Director; hereafter CA GameFi), a subsidiary of CyberAgent Inc. (headquartered in Shibuya-ku, Tokyo, Japan; Susumu Fujita, Representative Director; listed on the TS E’s fist section, Stock Code 4751; hereafter CyberAgent), announced the establishment of a new NFT project “Project TB,” and
- [South Korea to Invest $177 Million Directly in Metaverse Platforms](https://www.coinslegend.com/tw-technology/south-korea-to-invest-177-million-directly-in-metaverse-platforms/) - The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies. South Korea is one of the first countries
- [MoU Established by Clesson, the Company Behind LABEL Foundation, With CJ Entertainment and Media](https://www.coinslegend.com/news/mou-established-by-clesson-the-company-behind-label-foundation-with-cj-entertainment-and-media/) - PRESS RELEASE. Clesson, the operating company behind OPENTRACK and LABEL Foundation, has officially established a memorandum of understanding (MoU) with CJ Entertainment & Media. The new collaboration has the potential to benefit both parties involved as CJ Entertainment & Media is essentially an entertainment and mass media organization founded by the CJ Group, which is
- [Brazilian Development Bank Launches Blockchain Network](https://www.coinslegend.com/news/brazilian-development-bank-launches-blockchain-network/) - The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also assisted by the Court of Accounts of the Union, serves to call more institutions to adhere to this project, which aims to have its first
- [Rich Dad Poor Dad’s Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming](https://www.coinslegend.com/finance/rich-dad-poor-dads-robert-kiyosaki-warns-of-stocks-and-bonds-crashing-depression-civil-unrest-coming/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. He also warned of the stock and bond markets crashing. Robert Kiyosaki on Markets Crashing, Depression, and Civil Unrest The author of Rich Dad Poor Dad, Robert Kiyosaki, has issued more warnings
- [EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework](https://www.coinslegend.com/news/eu-regulator-warns-soaring-inflation-could-drive-investors-to-crypto-calls-for-unified-regulatory-framework/) - Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries. Inflation Could Drive Investors to Crypto, EU Regulator Says The European Securities and Markets Authority (ESMA),
- [Bexplus Is a Crypto Exchange With Unique Copy Trading and Demo Account You Can Trust](https://www.coinslegend.com/news/bexplus-is-a-crypto-exchange-with-unique-copy-trading-and-demo-account-you-can-trust/) - PRESS RELEASE. Bexplus Exchange is a leading crypto derivatives trading platform offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, XRP, DOGE, etc. Bexplus doesn’t require KYC and is trusted by over two million traders from over 200 countries/regions and is accredited by the U.S. MSB license (Money Services
- [Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia](https://www.coinslegend.com/exchanges/former-ceo-of-crypto-exchange-wex-dmitry-vasiliev-reportedly-detained-in-croatia/) - Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev Apprehended at the Airport in Zagreb Belarus-born Dmitry Vasiliev, former CEO
- [POPEYE Metaverse madness NFT hodlers Lottery Program and Details](https://www.coinslegend.com/news/popeye-metaverse-madness-nft-hodlers-lottery-program-and-details/) - On May 18, 2022, MADworld released and sold out the 1st collection of the POPEYE METAVERSE MADNESS NFT in record-breaking time. MADworld is grateful to the Community who helped us successfully launch the POPEYE METAVERSE MADNESS NFT program. We are delighted to have you onboard and join us at the very beginning of a wild
- [Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1](https://www.coinslegend.com/tw-technology/kazakhstan-makes-1-5-million-from-crypto-mining-sector-in-q1/) - The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost
- [Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies](https://www.coinslegend.com/news/singapores-deputy-prime-minister-advises-retail-investors-to-steer-clear-of-cryptocurrencies/) - Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech
- [Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral](https://www.coinslegend.com/tw-technology/digital-collectible-owners-continue-to-take-loans-out-using-nfts-as-collateral/) - While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded nearly $50 million in NFT loans.
- [Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns](https://www.coinslegend.com/news/panama-president-mulls-crypto-bill-approval-due-to-money-laundering-concerns/) - The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated that one of his main concerns about the bill is the stance it takes regarding money laundering activities and crypto. Cortizo may approve some
- [Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST](https://www.coinslegend.com/news/do-kwon-dissolved-terraform-labs-korea-days-before-collapse-of-terra-luna-ust/) - Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before
- [Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain](https://www.coinslegend.com/news/freedom-protocol-has-become-the-project-with-the-largest-amount-of-ido-in-the-ecology-of-binance-smart-chain/) - PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and operates outside regulatory control. But that may not stop its step. Binance.US raised funding at a $4.5bn valuation this month, providing a new case for Binance enthusiasts. Today, they can share the exciting news that Freedom
- [Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off](https://www.coinslegend.com/market-updates/microstrategy-ceo-expects-bitcoin-to-go-into-the-millions-despite-crypto-market-sell-off/) - Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.” Microstrategy Sees Bitcoin as the Future of Money The CEO of the Nasdaq-listed software company Microstrategy, Michael
- [Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions](https://www.coinslegend.com/market-updates/report-pakistan-can-generate-90-million-annually-if-it-introduces-a-15-tax-on-crypto-transactions/) - Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least $90 million in tax revenues if authorities decide to
- [Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations](https://www.coinslegend.com/news/cyprus-drafts-crypto-rules-may-introduce-them-before-eu-regulations/) - Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government of Cyprus to Submit ‘Attractive’ Crypto Bill Cyprus has an “enviable position” in the
- [MetaOasis AVAX Hackathon News Report](https://www.coinslegend.com/news/metaoasis-avax-hackathon-news-report/) - PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will become the first project that wins the double in international hackathon competitions
- [Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-remains-above-2000-while-btc-recaptures-30k-level/) - BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC was trading above this level as bulls made
- [L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow](https://www.coinslegend.com/news/l1-ethereum-network-fees-drop-to-levels-not-seen-in-over-2-months-l2-fees-follow/) - Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been
- [Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%](https://www.coinslegend.com/market-updates/biggest-movers-avax-rebounds-on-tuesday-aave-up-over-10/) - Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during Tuesday’s trading session, as bulls returned to action after a recent three-day
- [The First Rewards Card for the Web3 World by The Crypto Card Club](https://www.coinslegend.com/news/the-first-rewards-card-for-the-web3-world-by-the-crypto-card-club/) - PRESS RELEASE. An emerging NFT company, The Crypto Card Club, has developed an innovative system that aims to recognise and reward investors by merging real-world reward point systems with NFT and Web3 purchases. The groundbreaking service financially rewards holders for their usual NFT spending, attempting to minimise Web3 financial risks and safely help grow investor
- [Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants](https://www.coinslegend.com/news/terra-community-plans-to-vote-on-forking-the-chain-launch-may-airdrop-a-billion-new-tokens-to-network-participants/) - Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include an algorithmic stablecoin, and the newly minted tokens
- [Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate](https://www.coinslegend.com/tw-technology/study-amid-mining-bans-china-still-commands-worlds-second-largest-share-of-bitcoin-hashrate/) - New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s
- [South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST](https://www.coinslegend.com/finance/south-korea-launches-emergency-investigation-into-collapse-of-luna-and-ust/) - South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South Korea’s Emergency Investigation Into LUNA, UST South Korea has launched an “emergency” investigation of domestic crypto
- [Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’](https://www.coinslegend.com/finance/elon-musk-us-economy-is-probably-in-recession-that-could-last-18-months-warns-it-will-get-worse/) - Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S. Recession and Inflation Elon Musk,
- [DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions](https://www.coinslegend.com/news/doj-files-first-criminal-complaint-against-us-citizen-allegedly-using-cryptocurrency-to-evade-sanctions/) - The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual currency transactions.” DOJ Charges US Citizen in Crypto Sanctions Evasion Case The U.S. Justice Department has
- [Algoracle Announces $1․5 Million Seed Round](https://www.coinslegend.com/news/algoracle-announces-1․5-million-seed-round/) - PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by , with major contributions from , , and , and rounded out by strategic investors , , , , and
- [Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus](https://www.coinslegend.com/news/internet-service-company-cloudflare-to-run-ethereum-validator-nodes-as-part-of-its-web3-focus/) - Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and
- [Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme](https://www.coinslegend.com/news/chinese-authorities-prosecute-alleged-masterminds-behind-mdc-pyramid-scheme/) - Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a total value of over $147 million. Virtual Currency Pyramid Scheme Authorities in China’s Rong County, Zigong City, recently prosecuted eight
- [FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network](https://www.coinslegend.com/news/ftx-founder-sam-bankman-fried-thinks-bitcoin-has-no-future-as-a-payments-network/) - Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a
- [Australian Taxation Office to Focus on Capital Gains From Crypto Assets](https://www.coinslegend.com/finance/australian-taxation-office-to-focus-on-capital-gains-from-crypto-assets/) - The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their tax returns. Australian Taxpayers Warned They Should
- [Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX](https://www.coinslegend.com/news/web3-gaming-company-metatheory-raises-24-million-with-backing-from-a16z-pantera-and-ftx/) - Metatheory, a Web3 gaming company founded in 2021, has announced it has raised $24 million in a Series A funding round. The investment round, which was led by big VC names in the crypto space like a16z, also had the participation of Pantera Capital and FTX Ventures. Kevin Lin, CEO of the company and co-founder
- [BitcoinUSD․com Launches a Market Watch Site](https://www.coinslegend.com/news/bitcoinusd․com-launches-a-market-watch-site/) - PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site offers a variety of features. These include information on various coins,
- [Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends   ](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-below-30000-again-as-crypto-consolidation-extends/) - Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved lower. Bitcoin Following a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday. This sentiment saw BTC/USD drop to a
- [3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout](https://www.coinslegend.com/news/3-members-of-terraform-labs-in-house-legal-team-abruptly-leave-amid-luna-and-ust-fallout/) - Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow the project’s fallout last week as the blockchain’s native crypto assets dropped significantly in value. Linkedin
- [Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says](https://www.coinslegend.com/finance/russias-first-digital-financial-assets-expected-this-year-lawmaker-says/) - The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by
- [Biggest Movers: ATOM Remains Close to 1-Year Lows, as DOT Declines 8%](https://www.coinslegend.com/market-updates/biggest-movers-atom-remains-close-to-1-year-lows-as-dot-declines-8/) - ATOM moved closer towards a one-year low on Wednesday, as prices dropped by nearly 10%. This came as DOT also declined during today’s trading session, when global crypto markets fell by over 3% as of writing. Cosmos (ATOM) On Wednesday, ATOM was one of the biggest movers in the session, as it fell by nearly
- [Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD](https://www.coinslegend.com/tw-technology/tron-dao-reserve-acquires-millions-in-trx-bitcoin-and-tether-to-safeguard-usdd/) - Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster the project’s reserves. In addition to the tron purchases,
- [Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’](https://www.coinslegend.com/news/goldman-sachs-blankfein-advises-companies-and-consumers-to-prepare-for-us-recession-says-its-a-very-very-high-risk/) - Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.” Goldman’s Blankfein Warns About a Recession Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, warned about an
- [Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC](https://www.coinslegend.com/market-updates/veteran-investor-bill-miller-remains-bullish-on-bitcoin-confirms-he-has-a-lot-of-btc/) - Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value investor Bill Miller is still bullish about
- [UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown](https://www.coinslegend.com/news/uk-affirms-commitment-to-regulate-stablecoins-following-terra-meltdown/) - The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,” said an HM Treasury spokesperson. Regulation of Stablecoins in the
- [Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe](https://www.coinslegend.com/news/turkish-referee-flips-bitcoin-at-istanbul-derby-kick-off-soccer-authority-launches-probe/) - A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when that role should have been reserved for the Turkish lira. Bitcoin
- [Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists](https://www.coinslegend.com/news/tezos-foundation-launches-fund-to-collect-nft-creations-by-african-and-asian-artists/) - The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting a New Generation of Artists The Swiss non-profit organization, Tezos Foundation,
- [Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned](https://www.coinslegend.com/news/pakistan-forms-committees-to-decide-whether-crypto-should-be-legalized-or-banned/) - The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency business and come up with recommendations on the country’s crypto policy. Committees Constituted to Decide on the Legal Status of Cryptocurrency in Pakistan Pakistan’s federal government
- [Finance School Bentley University Now Accepts Cryptocurrency Payments for Tuition](https://www.coinslegend.com/news/finance-school-bentley-university-now-accepts-cryptocurrency-payments-for-tuition/) - Bentley University, the private university located in Waltham, Massachusetts, has revealed it now accepts digital currencies for tuition payments. Bentley University’s president explained that the school has been “at the forefront in preparing business leaders” and further remarked that the faculty is “proud to embrace” the same technology its students are learning about today. Bentley
- [Anonymous Hackers Claim to Have Breached Russian Payment Service Provider Qiwi](https://www.coinslegend.com/news/anonymous-hackers-claim-to-have-breached-russian-payment-service-provider-qiwi/) - A hacking group linked to the Anonymous collective has allegedly hit the popular Russian payment processor Qiwi. Network Battalion 65 announced on social media it had managed to gain access to the platform’s databases — a claim the company has denied. Anonymous Affiliate Hacks Russian Payment System Qiwi Hackers from Network Battalion 65 (NB65), a
- [The Secret for Creating DeFi Content “Your Dad Could Understand”](https://www.coinslegend.com/news/the-secret-for-creating-defi-content-your-dad-could-understand/) - Known only as blocmates on Twitter, Grant is a crypto content creator that “your dad could understand,” and he specializes in DeFi which often has the most difficult kinds of crypto products to wrap your head around. He recently joined the Bitcoin.com News Podcast to talk about the market: Among the many interesting topics discussed
- [El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister](https://www.coinslegend.com/news/el-salvadors-bitcoin-volcano-bonds-launch-still-on-hold-according-to-treasury-minister/) - The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya,
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Rate Decision](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-marginally-higher-ahead-of-todays-rate-decision/) - Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered the market ahead of today’s Federal Reserve rate decision. Following
- [Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards](https://www.coinslegend.com/market-updates/recent-bitcoin-bull-run-and-prior-run-up-data-suggests-a-softer-bear-market-is-in-the-cards/) - It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline in value. However, because the
- [Bitcoin’s Hashrate Taps an All-Time High, Next-Gen Machine Deployment Could Push it Much Higher](https://www.coinslegend.com/tw-technology/bitcoins-hashrate-taps-an-all-time-high-next-gen-machine-deployment-could-push-it-much-higher/) - Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump on April 27, and bitcoin’s value lost 6.2% against the U.S. dollar over the last two weeks. Bitcoin Hashrate Taps
- [Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed](https://www.coinslegend.com/news/apecoin-integrates-with-polygon-dao-board-member-says-native-ape-chain-was-never-discussed/) - Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available via MATIC’s 19,000 decentralized applications (dapps) and games. Apecoin
- [Biggest Movers: Tron Climbs to 5-Month High, With WAVES up 15%](https://www.coinslegend.com/market-updates/biggest-movers-tron-climbs-to-5-month-high-with-waves-up-15/) - Tron (TRX) rallied to a five-month high earlier in today’s session, as bulls continued to feed off recent news of the USDD stablecoin. While TRX climbed to multi-month highs, WAVES moved away from a two-month low today, as prices surged by as much as 15%. Tron (TRX) May the 4th was definitely with Tron on
- [How to Practice Trading Online Using Tools Provided By Binaryoptions․com](https://www.coinslegend.com/news/how-to-practice-trading-online-using-tools-provided-by-binaryoptions․com/) - Trading online has become very popular over the years. There are no specific requirements for becoming a trader or an investor, for that matter, as long as people know what they are doing. That being said, everyone has to start somewhere or they’ll never learn the ropes. No matter which commodity people choose to trade
- [US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table](https://www.coinslegend.com/finance/us-central-bank-raises-rates-by-half-a-percentage-point-feds-powell-says-similar-hikes-are-on-the-table/) - The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4 to 1% — Increase Was the largest
- [Billionaire Paul Tudor Jones: ‘It’s Hard Not to Want to Be Long Crypto’](https://www.coinslegend.com/news/billionaire-paul-tudor-jones-its-hard-not-to-want-to-be-long-crypto/) - Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and renowned hedge fund manager Paul Tudor
- [How STACKD Finance Services Make DeFi Safer for Everyone](https://www.coinslegend.com/news/how-stackd-finance-services-make-defi-safer-for-everyone/) - Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room for scams, money laundering, and other criminal activities. Without secure solutions and educational services, DeFi
- [World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank](https://www.coinslegend.com/news/worlds-largest-family-owned-private-bank-now-offers-crypto-investments-via-seba-bank/) - On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will start by offering investments in bitcoin and ethereum and the bank’s customers can incorporate the digital assets into their existing LGT Bank-managed portfolios. LGT Bank
- [Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement](https://www.coinslegend.com/news/lawmakers-sec-commissioner-slam-chair-gensler-for-focusing-on-crypto-enforcement/) - Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.” Lawmakers Oppose SEC’s Crypto Enforcement Focus A number of lawmakers and a commissioner with the
- [Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions](https://www.coinslegend.com/finance/bankoff-crypto-cards-suspended-amid-high-volume-of-russian-transactions/) - Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt Support for Bankoff Cards Payment processors Visa and
- [Infinite Arcade Launches the Last Sale of the Gamer NFTs](https://www.coinslegend.com/news/infinite-arcade-launches-the-last-sale-of-the-gamer-nfts/) - Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last stage of NFTs sale starts and
- [Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform](https://www.coinslegend.com/news/argentinian-digital-bank-brubank-includes-crypto-purchases-in-its-platform/) - Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make cryptocurrency investments via its platform, giving them the ability to purchase crypto assets in its app. This is reportedly the second financial institution
- [Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets](https://www.coinslegend.com/news/bank-of-russia-seeks-to-allow-stock-exchanges-to-trade-digital-assets/) - The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List Digital Financial Assets, Central Bank of Russia Suggests Stock exchanges and central
- [Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing](https://www.coinslegend.com/news/russian-law-enforcement-submits-proposals-to-regulate-seizure-of-crypto-assets-data-sharing/) - Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance Ministry of Russia Backs Regulations Proposed by Law Enforcement Agencies Russia’s Ministry of Finance
- [Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Moves Away From 1-Month Low](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-rebounds-moves-away-from-1-month-low/) - Market uncertainty in crypto was once again higher on Thursday, as traders continue to anticipate next week’s Fed decision. Following a drop to a one-month low during Wednesday’s session, BTC rebounded, with prices now hovering below $40,000. ETH also rallied, attempting to break out of the $2,950 resistance level. Bitcoin BTC was back in the
- [Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector](https://www.coinslegend.com/finance/blackrock-launches-blockchain-etf-offering-investors-exposure-to-crypto-sector/) - The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion in assets under
- [Fuzzle NFT Game is Landing on Planet Earth](https://www.coinslegend.com/news/fuzzle-nft-game-is-landing-on-planet-earth/) - PRESS RELEASE. PLANET EARTH (April 27, 2022) – Gala Games has teamed up with Endless AI to introduce Fuzzle– a first-of-its-kind “living” NFT collectable, simultaneously pushing the boundaries of conversational AI and blockchain gaming through a groundbreaking interactive entertainment experience with loads of utility. have come to explore Earth and learn all about its human
- [Biggest Movers: STEPN GMT Remains Close to Record Highs, as GRT and CAKE Trade Higher](https://www.coinslegend.com/market-updates/biggest-movers-stepn-gmt-remains-close-to-record-highs-as-grt-and-cake-trade-higher/) - Following a short-lived move above $4.50 on Wednesday, GMT was once again higher, and traded up by over 20% in today’s session. GRT was another big gainer in Thursday’s session, as it moved to a multi-week high, whilst CAKE rebounded after recent losses. The Graph (GRT) Newly formed GMT was undoubtedly today’s top gainer, climbing
- [Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency](https://www.coinslegend.com/news/central-african-republic-has-adopted-bitcoin-as-reference-currency-office-of-the-presidency/) - Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly issued by the office of the Presidency of the Central African Republic (CAR) appeared to
- [VegaX Expands B2B Technology for Institutional Clients to Unlock Crypto Market](https://www.coinslegend.com/news/vegax-expands-b2b-technology-for-institutional-clients-to-unlock-crypto-market/) - PRESS RELEASE. NEW YORK, April. 28, 2022 — VegaX Holdings (“VegaX”), the cryptocurrency index platform providing actionable cryptocurrency indexes and index-based asset management products for traditional investors globally, announced the company’s first partnership with institutional investment manager, UNCAP Investment Management, providing the fund with access to proprietary portfolio rebalancing tools and indexes to enhance investment
- [Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony](https://www.coinslegend.com/news/famed-whistleblower-edward-snowden-reveals-he-took-part-in-the-zcash-launch-ceremony/) - Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during the creation ceremony he “participated” and leveraged the “pseudonym John Dobbertin.” Snowden Played the Role of ‘John Dobbertin’ During the Zcash Launch A recent
- [Whale Watching: A Deep Dive Into the Portfolios of the World’s Largest Ethereum Whales](https://www.coinslegend.com/news/whale-watching-a-deep-dive-into-the-portfolios-of-the-worlds-largest-ethereum-whales/) - While there’s a number of bitcoin whales that often get caught by blockchain parsers and written about in media reports, ethereum whales get a lot less attention. According to statistics in 2022, there are a lot more ethereum whales than holders with large sums of bitcoin. In fact, while the top 100 richest bitcoin addresses
- [Grayscale Investments Plans European Expansion](https://www.coinslegend.com/news/grayscale-investments-plans-european-expansion/) - Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to expand into Europe,
- [CropBytes Games Celebrates a Milestone Unheard of, ‘4 Years of Sustainable Web3 Gaming’](https://www.coinslegend.com/news/cropbytes-games-celebrates-a-milestone-unheard-of-4-years-of-sustainable-web3-gaming/) - PRESS RELEASE. For a gaming community to complete 4 years in the crypto gaming industry is a remarkable achievement to say the least. CropBytes was launched during the 2018 bull run, and the team’s strategy and agility towards changing market scenarios and needs of the community have enabled the game to sustain and grow over
- [Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub](https://www.coinslegend.com/news/singapores-central-bank-we-want-to-be-a-responsible-global-crypto-hub/) - The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with innovative players, but also with strong risk management capabilities,”
- [India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister](https://www.coinslegend.com/news/indias-decision-on-crypto-regulation-will-not-be-rushed-says-finance-minister/) - Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a fireside chat
- [Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency](https://www.coinslegend.com/news/digital-yuan-giveaway-shenzhen-residents-to-receive-15-million-yuan-in-digital-currency/) - The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank, the People’s Bank of China (PBOC), continues to test its central
- [Artizen’s $ATNT Listed on MEXC Global Plus Other Updates](https://www.coinslegend.com/news/artizens-atnt-listed-on-mexc-global-plus-other-updates/) - PRESS RELEASE. Artizen is a metaverse specialised company based on blockchain technology. We are preparing metaverse services by integrating various contents through NFT Marketplaces, NFT Projects and more. Artizen’s unique ecosystem, which is transparent and safe, is provided by organically linking real and virtual spaces. ATNT is a utility token from Artizen, which has its
- [Riot Blockchain Is Constructing a 1 GW Bitcoin Mining Facility in Navarro County, Texas](https://www.coinslegend.com/tw-technology/riot-blockchain-is-constructing-a-1-gw-bitcoin-mining-facility-in-navarro-county-texas/) - The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has been initiated on the 265-acre site and the team hopes to have bitcoin mining and hosting capabilities online by next
- [Collection of South African Fine Wine Sold as NFTs](https://www.coinslegend.com/tw-technology/collection-of-south-african-fine-wine-sold-as-nfts/) - Collections of South Africa’s fine wines were recently sold as non-fungible tokens (NFTs) with one lot being sold for $79,000. Immediately following the auction, two lots were reportedly paid for using bitcoin. Lots Exceed Estimates Collections of fine wines made by some of South Africa’s leading producers have been sold as non-fungible tokens (NFTs) in
- [Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine](https://www.coinslegend.com/news/finland-to-donate-millions-of-dollars-from-sale-of-seized-bitcoin-to-ukraine/) - The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for the proceeds. Finland Selects Brokers to Sell $75 Million
- [GAIMIN Goes From Strength to Strength in Readiness for Its GMRX Listing](https://www.coinslegend.com/news/gaimin-goes-from-strength-to-strength-in-readiness-for-its-gmrx-listing/) - In readiness for the imminent listing of our crypto currency, GMRX, we want to explain our philosophy and strategy and answer a number of questions and address some misconceptions about GAIMIN. Why has GAIMIN established a successful esports company – GAIMIN Gladiators? GAIMIN.IO Ltd (GAIMIN) is a UK and Swiss based gaming company focused on
- [Deutsche Bank Predicts Major US Recession Next Year](https://www.coinslegend.com/tw-technology/deutsche-bank-predicts-major-us-recession-next-year/) - Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its
- [Nepal Shuts Down Crypto Websites, Apps — Warns About Engaging in Crypto Activities](https://www.coinslegend.com/news/nepal-shuts-down-crypto-websites-apps-warns-about-engaging-in-crypto-activities/) - The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto Warning Nepal’s regulator of the technology sector, the Nepal Telecommunications Authority (NTA), issued a notice
- [Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities](https://www.coinslegend.com/news/report-cambodia-reaffirms-stance-against-unsanctioned-crypto-related-activities/) - Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or use of any cryptocurrency in the country, a report has said. The report, which cites
- [Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations](https://www.coinslegend.com/news/top-ecb-official-ramps-up-anti-crypto-rhetoric-calls-for-global-regulations/) - Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital
- [Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits](https://www.coinslegend.com/tw-technology/report-1-3-billion-in-crypto-stolen-in-q1-2022-97-stemmed-from-defi-exploits/) - According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 is already breaking
- [MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain](https://www.coinslegend.com/news/metarace-horse-racing-the-first-play-to-earn-dapp-on-the-caduceus-blockchain/) - PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction speed cannot support the large-scale interactive concurrency of MetaRace.
- [National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia](https://www.coinslegend.com/news/national-bank-of-ukraine-temporarily-bans-cross-border-crypto-purchases-with-hryvnia/) - The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens Not Allowed to Buy Crypto Abroad From Local Currency Accounts The National Bank
- [Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter](https://www.coinslegend.com/news/payments-giant-stripe-rolls-out-pilot-to-test-crypto-payouts-with-twitter/) - On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform is Stripe’s first partner. Stripe and Twitter Partner to
- [Bitcoin, Ethereum Technical Analysis: ETH, BTC Down as Prices Fall at Key Resistance Levels  ](https://www.coinslegend.com/news/bitcoin-ethereum-technical-analysis-eth-btc-down-as-prices-fall-at-key-resistance-levels/) - Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week, the world’s largest cryptocurrency was trading lower on Friday, as
- [Biggest Movers: Near, EOS and RUNE Fall During Friday’s Selloff](https://www.coinslegend.com/market-updates/biggest-movers-near-eos-and-rune-fall-during-fridays-selloff/) - NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red
- [Gas-to-Bitcoin Mining Firm Crusoe Energy Systems Raises $505 Million](https://www.coinslegend.com/tw-technology/gas-to-bitcoin-mining-firm-crusoe-energy-systems-raises-505-million/) - On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture Partners (G2VP). Crusoe Energy Systems Secures $505 Million From
- [Bezoge Earth Reveals The Legends of Bezogia  Full Theatrical Trailer](https://www.coinslegend.com/news/bezoge-earth-reveals-the-legends-of-bezogia-full-theatrical-trailer/) - Bezoge Earth, the creators of The Legends of Bezogia are thrilled to release the full theatrical trailer for their upcoming crypto-based MMORPG game where players from all around the world can come together and experience the wild and wonderful world of Bezogia. The Biggest Play & Earn Game You’ve Never Heard of The Legends of
- [Metamask Users Complain About Connection Issues as Wallet’s Default Endpoint Suffers From ‘Major Outage’](https://www.coinslegend.com/news/metamask-users-complain-about-connection-issues-as-wallets-default-endpoint-suffers-from-major-outage/) - On Friday, users leveraging the Web3 wallet Metamask complained about service outages after Infura, Metamask’s default endpoint suffered from a “major outage.” The wallet company addressed the situation and explained the problems were due to Infura combating an outage. Metamask Users Deal With Connection Issues After Infura Suffers From Service Disruption One of the most
- [Game Space: One of the First GaaS “GameFi as a Service” Platform](https://www.coinslegend.com/news/game-space-one-of-the-first-gaas-gamefi-as-a-service-platform/) - On April 22nd Michael Cameron the CEO and Co-founder of Game Space announced that it has released one of the first GaaS “GameFi as a Service” Platform. Game Space also announced that it had received more than US $7 million in financing. This round of financing is jointly led by top-tier VCs, Listed Gaming companies
- [Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse](https://www.coinslegend.com/tw-technology/study-25-of-us-crypto-investors-either-own-or-plan-to-acquire-land-in-the-metaverse/) - A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less Likely to Own/Rent
- [Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds](https://www.coinslegend.com/news/tesla-ceo-elon-musk-reveals-how-he-will-improve-twitter-if-bid-succeeds/) - Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure free speech, implement edit functionality, and simplify the account verification process. Elon Musk’s Twitter Improvement Priorities Elon Musk, the CEO of Tesla and
- [Fidelity Launches Multi-Level Learning Center in Metaverse](https://www.coinslegend.com/tw-technology/fidelity-launches-multi-level-learning-center-in-metaverse/) - Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design complete with a lobby, dance floor, and rooftop sky garden for users to
- [NFT Project Tori Zero Announces a Strategic Partnership With Wirex](https://www.coinslegend.com/news/nft-project-tori-zero-announces-a-strategic-partnership-with-wirex/) - PRESS RELEASE. On 22 April, Tori Zero announced the strategic partnership with Wirex. The first collaboration will focus on a new product developed by Wirex – the Wirex Wallet. Tori Zero will be the first group of NFT projects integrated into this new wallet. Tori Zero is the first virtual idol project in the blockchain
- [Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government](https://www.coinslegend.com/news/report-saudi-arabia-exploring-possibility-of-implementing-blockchain-in-government/) - The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that are proficient in this technology. Government Needs to Hire Talented Individuals Saudi Arabia
- [Kadena Launches $100 Million Grant Fund to Develop Web3 Experiences](https://www.coinslegend.com/news/kadena-launches-100-million-grant-fund-to-develop-web3-experiences/) - Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top
- [Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements](https://www.coinslegend.com/news/crypto-businesses-ask-27-eu-finance-ministers-to-loosen-disclosure-requirements/) - Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European crypto businesses and organizations
- [Digital Peso to Be Launched in Three Years According to Governor of Banxico](https://www.coinslegend.com/news/digital-peso-to-be-launched-in-three-years-according-to-governor-of-banxico/) - Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the new currency should fulfill the three traits of money
- [Another 6 Members of Finiko Crypto Pyramid Arrested in Russia](https://www.coinslegend.com/news/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
- [KyberSwap Launches on BitTorrent Chain With $1.5M in Liquidity Mining and Incentive Rewards](https://www.coinslegend.com/news/kyberswap-launches-on-bittorrent-chain-with-1-5m-in-liquidity-mining-and-incentive-rewards/) - Kyber Network and BitTorrent have announced the integration of KyberSwap with BitTorrent Chain (BTTC) as their 11th chain integration, with more than $1.5M in liquidity mining and trading incentives available to users immediately. The partnership will accelerate DeFi’s adoption with the combined benefits of best trading and earning rates, ease of use, security, and multi-chain
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-prices-mainly-unchanged-to-start-the-weekend/) - Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards key support levels. Bitcoin Bitcoin was once again trading marginally above the $40,000 level on Saturday,
- [Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs](https://www.coinslegend.com/tw-technology/rebase-token-carnage-ohm-time-klima-down-more-than-98-from-all-time-highs/) - About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after
- [ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract](https://www.coinslegend.com/news/eth-mixer-tornado-cash-reveals-blocking-ofac-sanctioned-ethereum-addresses-via-chainalysis-oracle-contract/) - According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons list (SDN). The decision follows the recent OFAC update, that lists the Ronin exploiter’s ethereum address,
- [NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles](https://www.coinslegend.com/news/nba-launches-initiative-dedicated-to-web3-metaverse-and-nft-collectibles/) - This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs, gaming, and the metaverse.” Professional Basketball and Web3 Collide Following the popular collection NBA Top Shot and
- [Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia](https://www.coinslegend.com/news/alleged-hydra-administrator-dmitry-pavlov-reportedly-arrested-in-russia/) - A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests Russian Believed to Be Hydra Administrator Meshchansky
- [Rich Dad Poor Dad’s Robert Kiyosaki Warns Hyperinflation, Depression Are Here](https://www.coinslegend.com/news/rich-dad-poor-dads-robert-kiyosaki-warns-hyperinflation-depression-are-here/) - The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that hyperinflation and depression are here. He also warned that the biggest bubble burst is coming, advising investors to buy gold, silver, and bitcoin. Robert Kiyosaki’s Latest Warnings The author of Rich Dad Poor Dad, Robert Kiyosaki, gave a series of
- [Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’](https://www.coinslegend.com/news/ripple-ceo-sec-lawsuit-over-xrp-has-gone-exceedingly-well/) - The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC
- [Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year](https://www.coinslegend.com/news/central-bank-of-brazil-confirms-it-will-run-a-pilot-test-for-its-cbdc-this-year/) - The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot
- [Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework](https://www.coinslegend.com/news/oman-to-incorporate-real-estate-tokenization-in-virtual-assets-regulatory-framework/) - Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real Estate Tokenization Creates Investment Opportunities Oman Capital Market Authority (OCMA) is set to include real
- [Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days](https://www.coinslegend.com/news/following-a-brief-fee-spike-gas-prices-to-move-ethereum-drop-76-in-12-days/) - Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also
- [‘Save Your Skin’ From Inflation With BTC, The Great Monetary Shift, and SHIB Burns — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/save-your-skin-from-inflation-with-btc-the-great-monetary-shift-and-shib-burns-bitcoin-com-news-week-in-review/) - Another spicy week of crypto news heads into the weekend, with Mexico’s third-richest billionaire advising “save your skin” from hyperinflation by buying bitcoin, Shark Tank star Kevin O’Leary predicting that bitcoin mining will “save the world,” Bitcoin.com News noting eerie similarities between the current great monetary shift and the creation of the U.S. Federal Reserve,
- [Tony Hawk’s Latest NFTs to Come With Signed Physical Skateboards](https://www.coinslegend.com/news/tony-hawks-latest-nfts-to-come-with-signed-physical-skateboards/) - Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs will come with the physical skateboards signed by Hawk. Tony Hawk to Drop Another NFT
- [Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament](https://www.coinslegend.com/finance/draft-law-regulating-aspects-of-crypto-taxation-submitted-to-russian-parliament/) - A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for digital assets. Russian Deputies to Review Law on Crypto-Related Taxation The federal government of
- [Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits](https://www.coinslegend.com/tw-technology/todays-top-ethereum-and-bitcoin-mining-devices-continue-to-rake-in-profits/) - As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash,
- [NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales](https://www.coinslegend.com/finance/nft-sales-volume-saw-a-small-uptick-this-week-moonbirds-mutant-apes-take-top-sales/) - Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% this week. Moreover, over the last seven days, an NFT collection called Moonbirds saw the
- [Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’](https://www.coinslegend.com/finance/fidelity-investments-launches-crypto-metaverse-etfs-says-we-continue-to-see-demand/) - Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to the rapidly growing industries,” said Fidelity. Fidelity Sees Demand for Crypto, Metaverse Investments Fidelity
- [SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale](https://www.coinslegend.com/news/sec-risks-violating-admin-procedure-act-by-rejecting-spot-bitcoin-etfs-says-grayscale/) - Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is ‘a Matter of When and Not If’ The U.S. Securities and Exchange Commission (SEC) has now approved not one but two
- [Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals](https://www.coinslegend.com/news/bitcoin-atm-operator-indicted-in-new-york-allegedly-running-illegal-business-attracting-criminals/) - A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for
- [Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments](https://www.coinslegend.com/news/argentinian-securities-regulator-launches-innovation-hub-to-discuss-regulated-crypto-investments/) - The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market. Argentinian Securities Regulator Assigns Fintech
- [Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments](https://www.coinslegend.com/news/bill-on-digital-currency-caps-crypto-investments-for-russians-opens-door-for-payments/) - Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms operating with digital assets. Russian Citizens Who Don’t Pass Test to Buy Only $600 Worth
- [Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices](https://www.coinslegend.com/tw-technology/kazakhstan-to-increase-tax-for-miners-considers-tying-levy-to-crypto-prices/) - The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value
- [Research Shows More Than 1 Million Australians Own Cryptocurrency](https://www.coinslegend.com/news/research-shows-more-than-1-million-australians-own-cryptocurrency/) - A recent study by major market research firm Roy Morgan shows that more than 1 million Australians now own cryptocurrency. “The value of all cryptocurrency holdings for people aged 50+ is around $7.6 billion,” the study shows. Study: Over 1 Million Australians Own Cryptocurrency Australian research firm Roy Morgan has conducted a study into cryptocurrency
- [Fumb Games Mobile App Bitcoin Miner Integrates Real BTC Rewards via Zebedee](https://www.coinslegend.com/news/fumb-games-mobile-app-bitcoin-miner-integrates-real-btc-rewards-via-zebedee/) - Four years ago, a mobile game application called “Bitcoin Miner” came out that simulates bitcoin mining but at the time, the game’s development team Fumb Games could not integrate bitcoin rewards. On Thursday, Fumb Games revealed it has partnered with the fintech firm Zebedee and the Bitcoin Miner game now allows players to earn real
- [Sega Hints at the Inclusion of NFT and Metaverse Elements in Its ‘Super Game’ Proposal](https://www.coinslegend.com/tw-technology/sega-hints-at-the-inclusion-of-nft-and-metaverse-elements-in-its-super-game-proposal/) - Sega, the renowned game development company based in Japan, has hinted at the use of NFT (non-fungible token) and metaverse elements in its new game proposal. Dubbed “Super Game,” this new framework includes a series of AAA games that will use the new and existing IP (intellectual property) of the company to innovate using Sega’s
- [NumisMe: Crypto’s First Cash Protocol – Pay With Cash and Receive Change Back Electronically](https://www.coinslegend.com/news/numisme-cryptos-first-cash-protocol-pay-with-cash-and-receive-change-back-electronically/) - PRESS RELEASE. Eugene, Oregon April 15th, 2022: If there was ever a universal truth to which we could all agree, it would be change. An unequivocal reality of the cosmos, change is constant. Despite emotions, thoughts, or actions, change is an unstoppable force for which there is no immovable object. As creatures of comfort and
- [Robinhood’s CEO, Elon Musk, and DOGE Co-Founder Billy Markus Discuss Improving Dogecoin](https://www.coinslegend.com/news/robinhoods-ceo-elon-musk-and-doge-co-founder-billy-markus-discuss-improving-dogecoin/) - On Thursday, following Robinhood’s listing of shiba inu, the co-founder and CEO of Robinhood, Vladimir Tenev, spoke about dogecoin being the future currency of the internet on Twitter. Tenev’s Twitter thread got a lot of comments and also received responses from the co-founder of the meme-based crypto, Billy Markus, and Tesla’s Elon Musk. Robinhood CEO
- [Biggest Movers: XRP Hits 1-Week High, as NEAR Falls Again](https://www.coinslegend.com/market-updates/biggest-movers-xrp-hits-1-week-high-as-near-falls-again/) - During what can be described as a choppy trading session, it was XRP which was one of the most notable gainers, climbing to a one-week high. While ripple rose, NEAR was once again lower, falling by as much as 10% on Friday. XRP While crypto markets were mainly in the red, XRP was one of
- [Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $3,000 on Good Friday](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-remains-close-to-support-of-3000-on-good-friday/) - Ethereum continues to trade close to its support level of $3,000 on Good Friday, as some financial markets were closed for the holiday weekend. Volatility has slightly eased as a result, with BTC also hovering near its floor around $40,000 during today’s session. Bitcoin Bitcoin was trading lower during Friday’s session, as volatility in crypto
- [OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group](https://www.coinslegend.com/news/ofac-update-claims-ronin-hack-is-tethered-to-north-koreas-hacker-syndicate-lazarus-group/) - According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the
- [Want to Dodge Your Crypto Tax? Learn the Risks From Koinly](https://www.coinslegend.com/news/want-to-dodge-your-crypto-tax-learn-the-risks-from-koinly/) - In recent years, the IRS has made one thing abundantly clear – if you make money from crypto, they want their cut. So if you’re underreporting or outright avoiding crypto taxes, be warned: the penalties are steep. Before you take the wrong turn, learn the risks from crypto tax experts, Koinly. Is cryptocurrency taxed? The
- [Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC](https://www.coinslegend.com/news/luna-foundation-purchases-another-5-million-in-bitcoin-lfg-wallet-holds-42530-btc/) - The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization has approximately 42,530.827 bitcoin. LFG Acquires Another Batch of Bitcoins for
- [Yield App’s New Referral Program Offers a Massive Bonus](https://www.coinslegend.com/news/yield-apps-new-referral-program-offers-a-massive-bonus/) - Yield App, a thriving digital wealth platform, recently unveiled its hotly anticipated Referral Program and it was worth the wait. With up to 1,000 $YLD (more than $200 at the current price) available for both the referrer and the new customers being referred, it is easily one of the most lucrative referral programs in the
- [Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’](https://www.coinslegend.com/finance/uniswap-launches-swap-widget-devs-can-embed-the-dex-with-one-line-of-code/) - On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one line of code.” Software Engineers Can Now Embed Uniswap Swapping Functionality Into Web3 Dapps
- [While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’](https://www.coinslegend.com/finance/while-markets-consolidate-crypto-fear-and-greed-index-points-to-extreme-fear/) - 18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin has lost more than $7,500 in USD value, and hit a low of $39,200 per unit on April 11. The downturn has pushed the Crypto
- [Three African Countries Plan to Adopt Cryptocurrency and Blockchain Solutions](https://www.coinslegend.com/market-updates/three-african-countries-plan-to-adopt-cryptocurrency-and-blockchain-solutions/) - Three African countries — namely Cameroon, the Democratic Republic of Congo (DRC), and the Republic of Congo — are reportedly planning to adopt cryptocurrency and blockchain solutions powered by The Open Network (TON). Separately, Cameroon is considering issuing a national stablecoin that is based on the same blockchain network. Phased Adoption of the Solutions The
- [The Listing Of the $UIM Tokens on April 18th 2022](https://www.coinslegend.com/news/the-listing-of-the-uim-tokens-on-april-18th-2022/) - PRESS RELEASE. Universe Island is an action packed classic, third person shooting game that rewards players with $UIM tokens. These tokens fuel the Play-to-Earn ecosystem of the game and is scheduled to get listed at PancakeSwap on 18th April 2022. The launch of the beta version of the game and NFT marketplace would shortly follow.
- [Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations](https://www.coinslegend.com/market-updates/crypto-and-blockchain-firms-constitute-16-of-uae-free-zones-record-q1-company-registrations/) - Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its “highest Q1 performance” since inception. Rise in
- [Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months](https://www.coinslegend.com/news/brazilian-congress-aims-to-pass-unified-crypto-framework-in-coming-months/) - The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their similarity. This new unified project presents
- [Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend](https://www.coinslegend.com/market-updates/biggest-movers-waves-gmt-and-eos-among-big-gainers-on-easter-weekend/) - Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%. EOS EOS rose for a second consecutive session to start the weekend, as prices raced to their highest level
- [Argentinians Are Now Using P2P Markets to Multiply Their Savings](https://www.coinslegend.com/news/argentinians-are-now-using-p2p-markets-to-multiply-their-savings/) - Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers. Maximiliano Hinz, Latam operations director of Binance, states that
- [South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem](https://www.coinslegend.com/tw-technology/south-korea-begins-to-fulfill-president-elects-pledge-to-bolster-the-nft-ecosystem/) - An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem The South Korean government appeared to fulfill president-elect Yoon Suk-yeol’s campaign pledge after the Ministry of
- [Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector](https://www.coinslegend.com/news/algorand-looks-to-prove-why-algoracle-is-needed-in-the-contemporary-blockchain-and-crypto-sector/) - PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts are unable to access external
- [Vitalik Buterin Becomes Citizen of Crypto-Friendly Montenegro](https://www.coinslegend.com/news/vitalik-buterin-becomes-citizen-of-crypto-friendly-montenegro/) - Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the
- [Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving](https://www.coinslegend.com/tw-technology/bitcoin-mining-difficulty-drops-for-the-third-time-in-2022-just-over-100k-blocks-to-go-until-the-halving/) - Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have
- [Biggest Movers: RUNE, ZIL Rebound Following Recent Losses, Trading Nearly 20% Higher](https://www.coinslegend.com/market-updates/biggest-movers-rune-zil-rebound-following-recent-losses-trading-nearly-20-higher/) - ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing. Zilliqa (ZIL) Following almost two weeks
- [Bitcoin, Ethereum Technical Analysis: BTC Consolidates Heading Into Easter Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-consolidates-heading-into-easter-weekend/) - Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session. Bitcoin Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC
- [Tesla’s Elon Musk Offers to Buy Twitter for $41 Billion, Says He Wants to Make It a Private Company](https://www.coinslegend.com/news/teslas-elon-musk-offers-to-buy-twitter-for-41-billion-says-he-wants-to-make-it-a-private-company/) - Tesla billionaire Elon Musk has offered to purchase Twitter for $41.4 billion, according to a Securities and Exchange Commission (SEC) filing published on Thursday. Musk also explained in his note that he believes Twitter should be a private company and he decided he wants “to acquire the company and take it private.” Elon Musk Offers
- [NFT for Arabian Horses to Gallop Soon at the Al Sheikh Stud in Partnership With Finvault](https://www.coinslegend.com/news/nft-for-arabian-horses-to-gallop-soon-at-the-al-sheikh-stud-in-partnership-with-finvault/) - PRESS RELEASE. UAE – DUBAI, 14 April 2022: Renowned to be a haven of thoroughbred Arabian horses, the Al Sheikh Stud embarks on a strategic journey to accommodate the growing demand for NFTs in the industry. In alliance with Atria Holdings and Finvault; the Stud farm is revving up its finest line-up of purebred Arabian
- [ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’](https://www.coinslegend.com/finance/ecb-to-cease-bond-purchases-in-q3-lagarde-says-eus-economic-rebound-crucially-depends-on-how-the-conflict-evolves/) - After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus two weeks ago, Lagarde stressed on Thursday that
- [Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa](https://www.coinslegend.com/news/russian-chamber-of-commerce-suggests-using-cryptocurrencies-in-settlements-with-africa/) - Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber
- [Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs](https://www.coinslegend.com/news/japans-top-messaging-app-line-launches-marketplace-with-40000-nfts/) - Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (NFTs). The new service allows 90 million LINE users to send and exchange NFTs with their friends. ‘LINE NFT’ Marketplace Launched LVC Corp., the operator of LINE’s crypto asset and blockchain businesses, announced Wednesday that it has launched LINE NFT,
- [‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’](https://www.coinslegend.com/news/big-short-investor-michael-burry-says-the-fed-has-no-intention-of-fighting-inflation/) - Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor and founder of
- [Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’](https://www.coinslegend.com/news/amazon-ceo-crypto-will-become-bigger-nfts-will-grow-very-significantly/) - The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with
- [Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper](https://www.coinslegend.com/news/regulatory-arm-of-uae-financial-centre-releases-defi-discussion-paper/) - The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm of
- [Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases](https://www.coinslegend.com/news/bank-of-spain-reminds-public-cryptocurrency-purchases-can-be-blocked-in-certain-cases/) - The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to
- [Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout](https://www.coinslegend.com/news/bitmex-co-founder-arthur-hayes-says-bitcoin-could-drop-to-30k-amid-a-stock-market-rout/) - The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100
- [Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Start the Week Around 3-Week Lows](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-eth-both-start-the-week-around-3-week-lows/) - Bitcoin and ETH both fell to their lowest level in over three weeks on Monday, as a red wave passed through crypto markets. As of writing, BTC and ETH are trading between 2% and 5% lower, while the overall crypto market cap is down 3.75%. Bitcoin Bitcoin extended its recent decline on Monday, as prices
- [FDIC Asks Thousands of Banks to Disclose Crypto Plans](https://www.coinslegend.com/news/fdic-asks-thousands-of-banks-to-disclose-crypto-plans/) - The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to
- [Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap](https://www.coinslegend.com/news/stablecoin-economy-is-10-billion-away-from-reaching-a-200-billion-market-cap/) - The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased by 15.4% to $16.7 billion. Stablecoin
- [Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days](https://www.coinslegend.com/finance/total-value-locked-in-defi-takes-a-hit-losing-21-billion-in-6-days/) - Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders This Week While the
- [Billion Dollar Bitcoin Lawsuit Verdict Appealed —  Self-Proclaimed Bitcoin Inventor Expects a Win](https://www.coinslegend.com/news/billion-dollar-bitcoin-lawsuit-verdict-appealed-self-proclaimed-bitcoin-inventor-expects-a-win/) - The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoin inventor, Craig Wright, was cleared of all charges at the end of the Kleiman v. Wright trial, except one count of
- [Biggest Movers: RUNE and THETA Fall by Over 10% on Monday](https://www.coinslegend.com/market-updates/biggest-movers-rune-and-theta-fall-by-over-10-on-monday/) - THETA and RUNE are trading over 10% lower to start the week, as recent declines in the crypto market extended during Monday’s session. As of writing, the global cryptocurrency market cap is down nearly 5%. THORChain (RUNE) In addition to BTC and ETH, RUNE also fell to a three-week low to start the week, as
- [DAO Maker Gears Up to Release Maradona D10S NFT, This April 2022](https://www.coinslegend.com/news/dao-maker-gears-up-to-release-maradona-d10s-nft-this-april-2022/) - PRESS RELEASE. GREENSBORO, April 11, 2022 — DAO Maker, a leading launchpad for cryptocurrency projects, is launching an NFT collection celebrating the late Argentinian football hero Diego Maradona this month. It is the first official Maradona-licensed NFT project and has the backing of all five of the athlete’s heirs. The football legend’s daughter Jana Maradona
- [Coinbase Is Creating a Film Trilogy Featuring Bore Ape Yacht Club NFT Characters](https://www.coinslegend.com/news/coinbase-is-creating-a-film-trilogy-featuring-bore-ape-yacht-club-nft-characters/) - The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC). The films will be crafted by Coinbase Entertainment and feature select BAYC NFT characters that will be crowdsourced from the Bored Ape NFT community. Coinbase Entertainment Is Working on a Three-Part
- [Billionaire David Rubenstein on Why He Changed His Mind About Crypto — Says ‘I Was Skeptical in the Beginning’](https://www.coinslegend.com/news/billionaire-david-rubenstein-on-why-he-changed-his-mind-about-crypto-says-i-was-skeptical-in-the-beginning/) - David Rubenstein, the founder of Carlyle Group, one of the largest investment firms managing over $300 billion, says he was skeptical of crypto but now believes that “the genie is out of the bottle” and the crypto industry is not “going to go away anytime soon.” David Rubenstein on Crypto David Rubenstein, co-founder of Carlyle
- [Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial](https://www.coinslegend.com/finance/iran-will-not-allow-crypto-payments-prepares-to-pilot-digital-rial/) - Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,” the pilot phase of which should start in the near
- [India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service](https://www.coinslegend.com/exchanges/indias-crypto-trading-volume-plunges-further-as-mobikwik-stops-payment-service/) - Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India continues to slide after the government began taxing crypto income at 30% without
- [Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence](https://www.coinslegend.com/news/bitfinex-and-tether-launch-public-fund-to-support-salvadoran-families-affected-by-gang-violence/) - Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a cryptocurrency fund to support Salvadoran families affected by gang violence. The two companies have donated 25 BTC to start the initiative, and expect many more will join. The President of El Salvador, Nayib Bukele, declared
- [Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex](https://www.coinslegend.com/market-updates/ghana-central-bank-reiterates-warning-against-practice-of-pricing-goods-in-forex/) - The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies. Violators Face Possible Prison Time The Ghanaian central bank has
- [Epic Games Teams Up With Lego to Build a Kids Metaverse](https://www.coinslegend.com/news/epic-games-teams-up-with-lego-to-build-a-kids-metaverse/) - Epic Games, the game developing studio, and Lego, the famous construction block company, have announced a partnership to develop a metaverse designed for kids. This metaverse world aims to allow kids of all ages to become builders and design their own experiences while protecting their right to play by putting online safety as one of
- [Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-back-above-40000-following-record-u-s-inflation-data/) - Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin BTC dropped below its key level of
- [Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments](https://www.coinslegend.com/market-updates/study-54-of-uae-and-saudi-arabia-survey-respondents-said-crypto-should-be-used-for-payments/) - An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from going mainstream. Crypto as Currency According to the findings of a study by Checkout.com,
- [Upland Metaverse Continues to Expand With New Features Following Strong Performance](https://www.coinslegend.com/news/upland-metaverse-continues-to-expand-with-new-features-following-strong-performance/) - A new development on Upland will allow you to build your own business in the metaverse, earning tokens and becoming a real entrepreneur. NFT cars are also on the way to join the platform, bringing brand new ways to enjoy the Play-to-Earn experience such as street racing. There’s never been a better time to join
- [Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months](https://www.coinslegend.com/market-updates/study-finds-33-4-million-nigerian-adults-hold-or-have-traded-crypto-in-last-6-months/) - According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value of the local currency. Converting From Fiat to Crypto via P2P
- [Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars](https://www.coinslegend.com/news/robinhood-lists-shiba-inu-and-3-more-cryptocurrencies-shib-price-soars/) - Popular trading platform Robinhood has listed shiba inu (SHIB) as well as three other popular cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to list SHIB. Robinhood Finally Lists Shiba Inu Crypto Popular trading platform Robinhood announced the listing of four new cryptocurrencies Tuesday. The company wrote: We’re pleased to announce
- [Fast, Secure and Interoperable, Parex Is the New Decentralized Exchange to Look Out For](https://www.coinslegend.com/tw-technology/fast-secure-and-interoperable-parex-is-the-new-decentralized-exchange-to-look-out-for/) - PRESS RELEASE. We are hugely excited to announce the official launch of Parex, a new decentralized exchange with an in-built PRX token unique to the mining production mechanism. Developed in response to the costly and often ethically dubious state of centralized finance, Parex promises to offer a secure, fluid and accessible platform like no other.
- [Golden State Warriors Commemorate 2022 NBA Playoff Run With a Responsive NFT Collection](https://www.coinslegend.com/news/golden-state-warriors-commemorate-2022-nba-playoff-run-with-a-responsive-nft-collection/) - On Tuesday, the NBA team the Golden State Warriors announced the organization’s second non-fungible token (NFT) collection to commemorate the team’s 2022 NBA Playoff run. The Warriors NFT compilation is being called “a responsive NFT collection” as the NFTs will change based on real performance. Golden State Warriors to Launch 2022 Playoff NFT Collection Featuring
- [Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%](https://www.coinslegend.com/finance/inflation-rises-sharply-in-the-us-as-consumer-prices-in-march-spiked-to-8-5/) - Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981. Inflation Continues to Hammer the US
- [Biggest Movers: SHIB up Almost 20% Following Robinhood Listing, Near Also Higher](https://www.coinslegend.com/market-updates/biggest-movers-shib-up-almost-20-following-robinhood-listing-near-also-higher/) - Shiba inu (SHIB) was one of the biggest gainers in crypto markets on Tuesday, as Robinhood added the meme coin to its list of crypto offerings. This came as the trading app also added a host of others, including SOL which also gained following recent losses. Shiba Inu (SHIB) Shiba inu (SHIB) was undoubtedly the
- [13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022](https://www.coinslegend.com/news/13233-blocks-found-by-16-pools-a-look-at-the-top-bitcoin-mining-pools-in-q1-2022/) - During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation
- [Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions](https://www.coinslegend.com/news/ethereum-developer-virgil-griffith-sentenced-to-5-years-in-us-prison-for-violating-north-korean-sanctions/) - An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong Un regime with “technical advice on
- [Quik․com Marketplace Launches Minting of NFT Domain Names](https://www.coinslegend.com/news/quik․com-marketplace-launches-minting-of-nft-domain-names/) - With the rapid technological advancements, digitalization has witnessed a golden age in the past few years. Concepts we never even heard of are now becoming mainstream. One such example is NFT domains, rising as new web extensions. Quik.com is launching NFT domain names like .doge, .shib, .metaverse, .blockchain, .bored and .vr that are linked to
- [Anonymous Has Released Over 2 Million Russian Emails in Cyberwar With Russia](https://www.coinslegend.com/news/anonymous-has-released-over-2-million-russian-emails-in-cyberwar-with-russia/) - Hacktivist collective Anonymous claims it has already published millions of leaked Russian emails. The group has been waging a cyberwar on Russia over its invasion of Ukraine, carrying out attacks on government institutions, state-run television channels, and the central bank. Russia’s Culture Ministry Becomes Latest Target of Anonymous Anonymous has released well over two million
- [Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round](https://www.coinslegend.com/finance/blackrock-fidelity-to-invest-in-crypto-firm-circles-400-million-funding-round/) - Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle Circle Internet Financial announced Tuesday that it has entered into an agreement for
- [MappedSwap Is Giving Away More Than 800,000 MST This April](https://www.coinslegend.com/news/mappedswap-is-giving-away-more-than-800000-mst-this-april/) - PRESS RELEASE. The global cryptocurrency market is experiencing an unprecedented boom. The market is at $2 trillion dollars and growing. MappedSwap is launching a promotional campaign from April 13th – May 12th. During that period they plan to give more than 800,000 MST in total as well as provide referral and staking rebates in MST
- [Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis](https://www.coinslegend.com/tw-technology/terras-cross-chain-bridge-now-supports-solana-avalanche-fantom-moonbeam-osmosis/) - Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform Labs CEO explained in a tweet. Terra Bridge Adds 5 New Chains On April 12, 2022, Terraform Labs co-founder Do Kwon told his 352,800 Twitter
- [Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico](https://www.coinslegend.com/news/delivery-app-rappi-launches-pilot-project-to-accept-crypto-payments-in-mexico/) - Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these services
- [Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists](https://www.coinslegend.com/finance/cryptocurrencies-carry-systemic-risks-threaten-ruble-bank-of-russia-insists/) - The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings
- [Meta Opens Monetization Options to Users of Horizon Worlds](https://www.coinslegend.com/tw-technology/meta-opens-monetization-options-to-users-of-horizon-worlds/) - Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a number of users to collect payments for access to their created environments, or for virtual items sold in these worlds. Meta will also
- [ACH Is the Token Driving Global Crypto Payments](https://www.coinslegend.com/news/ach-is-the-token-driving-global-crypto-payments/) - ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token
- [Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000, Some Anticipating Drop to $30,000](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-btc-moves-below-40000-some-anticipating-drop-to-30000/) - After a boost on Tuesday, following the release of U.S. inflation data, bitcoin prices were once again lower on Wednesday. BTC has mainly traded below $40,000 during the session, with ETH continuing to hover above the $3,000 level. Bitcoin Following a slight rebound in price during yesterday’s session, BTC fell below $40,000 earlier today, and
- [Advertising Agency Launches Campaign to Free Jailed Egyptian Women With NFT Sales](https://www.coinslegend.com/news/advertising-agency-launches-campaign-to-free-jailed-egyptian-women-with-nft-sales/) - An advertising agency from the United Arab Emirates (UAE) and a non-governmental organization have launched a campaign that seeks to raise funds for jailed Egyptian women via the sale of non-fungible tokens (NFTs). The funds raised are already being used to pay off their debts, allowing the imprisoned women to leave jail. Raised Funds to
- [Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies](https://www.coinslegend.com/news/mozilla-to-reinstate-crypto-donations-organization-will-not-accept-proof-of-work-cryptocurrencies/) - During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says
- [Biggest Movers: WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday](https://www.coinslegend.com/market-updates/biggest-movers-waves-falls-to-1-month-low-bch-over-10-higher-on-wednesday/) - WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the process. Overall, the crypto market cap is 1.17% higher as of writing. Bitcoin Cash (BCH) As crypto prices slowly began to
- [Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance](https://www.coinslegend.com/news/luna-foundation-buys-2508-bitcoin-for-100-million-stash-is-only-495-btc-away-from-teslas-balance/) - On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s bitcoin treasury stash. Luna Foundation Adds More Bitcoin to
- [Inside LBank’s Bitcoin Miami Exhibition, Sponsorship, and Satellite Event](https://www.coinslegend.com/news/inside-lbanks-bitcoin-miami-exhibition-sponsorship-and-satellite-event/) - PRESS RELEASE. Global crypto exchange, LBank, joined Bitcoin Miami 2022 as a first-time sponsor and exhibitor, attracting more than 500 attendees to their satellite event, and announcing their many ambitions in the United States. As one of the biggest crypto events in the US, Bitcoin Miami 2022 gathered over 35,000 attendees, making it the biggest
- [Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs](https://www.coinslegend.com/news/ethereum-dev-says-the-merge-could-be-delayed-a-few-months-strongly-suggests-not-investing-in-eth-mining-rigs/) - According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News reported on ethereum
- [Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding](https://www.coinslegend.com/news/report-feds-secret-repo-loans-to-megabanks-in-2020-eclipsed-2008-bailouts-data-dump-shows-48-trillion-in-stealth-funding/) - Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ Martens from Wall Street on Parade, uncovered $3.84 trillion
- [Blockchain.com Inks Sponsorship Deal With the NFL’s Dallas Cowboys](https://www.coinslegend.com/news/blockchain-com-inks-sponsorship-deal-with-the-nfls-dallas-cowboys/) - On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency company will also have its own club space inside AT&T Stadium in
- [Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services](https://www.coinslegend.com/news/mastercard-files-15-trademark-applications-for-a-wide-range-of-metaverse-nft-services/) - Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said. Mastercard’s NFT, Metaverse Trademark Applications Payments giant Mastercard filed 15 trademark applications with the United States
- [Indian Crypto Exchanges Disable UPI, Other Payment Options](https://www.coinslegend.com/market-updates/indian-crypto-exchanges-disable-upi-other-payment-options/) - A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees
- [Ripio Announces Expansion to Colombia in Next Months](https://www.coinslegend.com/news/ripio-announces-expansion-to-colombia-in-next-months/) - Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of
- [Crypto Exchange With Belarusian Roots Halts Operations for Russian Users](https://www.coinslegend.com/exchanges/crypto-exchange-with-belarusian-roots-halts-operations-for-russian-users/) - Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected. Currency.com Exchange Denounces ‘Terrible War’ in Ukraine, Denies Services to Russian Traders Crypto trading platform
- [JPMorgan Sees Limited Upside for Crypto Markets](https://www.coinslegend.com/news/jpmorgan-sees-limited-upside-for-crypto-markets/) - JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global
- [An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time](https://www.coinslegend.com/news/an-in-depth-look-at-the-5-most-profitable-bored-ape-nft-traders-of-all-time/) - Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales volume. While people still question the
- [European Inflation Skyrockets to Record 7.5% —  ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’](https://www.coinslegend.com/finance/european-inflation-skyrockets-to-record-7-5-ecb-chief-lagarde-expects-energy-prices-to-stay-higher-for-longer/) - While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb,
- [Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise](https://www.coinslegend.com/market-updates/average-ethereum-gas-fee-jumps-to-20-per-transfer-l2-fees-follow-rise/) - While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network fee is around 0.0056 ether or $19.58 per transfer. Ethereum
- [TrueUSD and Balancer Offer Liquidity Providers TUSD and BAL Rewards From Stablecoin Pool Incentive Program](https://www.coinslegend.com/news/trueusd-and-balancer-offer-liquidity-providers-tusd-and-bal-rewards-from-stablecoin-pool-incentive-program/) - PRESS RELEASE. Singapore, Singapore / April 4th / – TrueUSD (TUSD) and Balancer (BAL) Automated Market Maker (AMM) partnered up with Polygon to offer liquidity providers with TUSD and BAL rewards from a stablecoin pool incentive program last November. The program incentivizes liquidity providers to add TUSD-DAI-USDC-USDT liquidity to the Polygon ecosystem. In return for
- [Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%](https://www.coinslegend.com/tw-technology/total-value-locked-in-defi-nears-lifetime-high-ethereums-tvl-dominates-by-54/) - On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi
- [Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits](https://www.coinslegend.com/tw-technology/kazakhstan-auditors-go-after-crypto-miners-accused-of-exploiting-tax-benefits/) - Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences. 5 Mining Entities in Kazakhstan Get $18 Million in Tax Exemptions Auditors in Kazakhstan
- [Kiyosaki on USD ‘Implosion,’ Musk Considers Social Media, $540M in ‘Sleeping Bitcoins’ Move — Bitcoin.com News Week in Review](https://www.coinslegend.com/news/kiyosaki-on-usd-implosion-musk-considers-social-media-540m-in-sleeping-bitcoins-move-bitcoin-com-news-week-in-review/) - It’s been another bustling week full of colorful stories in the crypto world, with Rich Dad Poor Dad author Robert Kiyosaki talking about the U.S. dollar imploding, and advocating people buy bitcoin, ethereum, and solana — not to mention talk of Spacex founder and CEO Elon Musk potentially starting his own free speech-focused social media
- [Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes](https://www.coinslegend.com/finance/colombian-tax-authority-warns-about-consequences-of-not-declaring-crypto-related-taxes/) - The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens. Colombia has already collected $1 billion in digital economy-related taxes.
- [Prosecutor Seeks Thousands of Years of Prison for Missing CEO of Turkish Crypto Exchange Thodex](https://www.coinslegend.com/exchanges/prosecutor-seeks-thousands-of-years-of-prison-for-missing-ceo-of-turkish-crypto-exchange-thodex/) - Members of the team of the now defunct Turkish crypto exchange Thodex may receive thousands of years in prison, if the court backs the prosecutor’s plea in the case. The trading platform’s CEO has been missing for the past year since Thodex suspended activities in a suspected exit scam. Turkey Seeks up to 40,000 Years
- [Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates](https://www.coinslegend.com/tw-technology/russia-will-not-try-to-ban-home-crypto-mining-finance-ministry-official-indicates/) - A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. Russia
- [Recent Poll Suggests 21% of Americans Have Dabbled in Crypto](https://www.coinslegend.com/news/recent-poll-suggests-21-of-americans-have-dabbled-in-crypto/) - A recent poll conducted by NBC News indicates that one in five Americans has used cryptocurrencies by either investing or trading digital assets. The findings suggest that crypto assets continue to become more popular as 21% of the 1,000 participants surveyed have “dabbled” in crypto assets. Survey Says 1 in 5 Americans Has Used Crypto
- [Defiance CEO ‘Completely Bullish on Bitcoin’ — Says It’s ‘a Good Time to Get in’](https://www.coinslegend.com/market-updates/defiance-ceo-completely-bullish-on-bitcoin-says-its-a-good-time-to-get-in/) - The head of Defiance ETFs says she is “completely bullish on bitcoin.” Noting that it is a “good time” to get into the cryptocurrency, she explained why she believes the price of bitcoin will reach $100K. CEO of Defiance ETFs Bullish on Bitcoin Sylvia Jablonski, chief executive officer, chief investment officer, and co-founder of Defiance
- [Study: 10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76%](https://www.coinslegend.com/market-updates/study-10-growth-in-crypto-market-cap-reduces-value-of-african-firms-by-0-76/) - A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” to drop by 0.76%. Crypto Market Growth Hurts Less Competitive Sectors According to the findings of a study undertaken by Mina Sami and
- [Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots](https://www.coinslegend.com/finance/shiba-inu-presents-shib-metaverse-with-over-100k-land-plots/) - Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location,
- [Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’](https://www.coinslegend.com/news/tesla-ceo-elon-musk-shares-dogecoin-video-says-it-explains-everything/) - Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April 1 in reply to a tweet about
- [Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter](https://www.coinslegend.com/news/tracker-shows-close-to-3000-crypto-atms-were-installed-in-2022s-first-quarter/) - During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs
- [With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High](https://www.coinslegend.com/tw-technology/with-over-90-of-btcs-supply-issued-bitcoins-mining-difficulty-reaches-a-lifetime-high/) - Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second
- [Vaneck Report Calculates Bitcoin Price Could Tap $4.8M if BTC Becomes the Global Reserve Currency](https://www.coinslegend.com/finance/vaneck-report-calculates-bitcoin-price-could-tap-4-8m-if-btc-becomes-the-global-reserve-currency/) - On Thursday, the investment firm Vaneck published a blog post that calculates how much gold or bitcoin would be worth if the two assets became global reserve assets. Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed currency regimes.” The study’s calculations estimate that gold could reach
- [India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force](https://www.coinslegend.com/news/indias-crypto-trading-volume-plummets-as-new-tax-rules-enter-into-force/) - Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after the
- [Bitcoin, Ethereum Technical Analysis: ETH Climbs to $3,500 to Start the Weekend](https://www.coinslegend.com/market-updates/bitcoin-ethereum-technical-analysis-eth-climbs-to-3500-to-start-the-weekend/) - ETH rose to its highest level since the start of January to begin the weekend, as prices rose following yesterday’s consolidation. BTC also rallied, however remains below this week’s high of over $48,000. Bitcoin Although BTC started the weekend trading below this week’s high of $48,278, bulls looked to recapture this level, by moving away
- [LeisurePay Announces Dual Listings on Bitmart and Probit Global](https://www.coinslegend.com/news/leisurepay-announces-dual-listings-on-bitmart-and-probit-global/) - PRESS RELEASE. LeisurePay, a merchant payment solutions provider using blockchain technology and powered by the only wholly black-owned bank in America, announces the debut exchange listing of its LPY token. “Listing with a Top 20 Worldwide exchange in Probit Global, one of the top-ranked exchanges in Bitmart, is a huge and exciting step in the
- [Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says](https://www.coinslegend.com/news/sanctions-motivate-russia-to-create-own-crypto-market-infrastructure-finance-ministry-says/) - With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia Recognizes Need for Local Crypto Assets Market Amid expanding international sanctions over
- [Moxy․io Introduces the ‘Play and Earn’ Concept Ahead of Moxy Club Pre-Launch](https://www.coinslegend.com/news/moxy․io-introduces-the-play-and-earn-concept-ahead-of-moxy-club-pre-launch/) - PRESS RELEASE. The Moxy.io team has built a team consisting of several veterans from the video game industry to take gaming to a whole new level by bringing blockchain technology to mainstream games. The team began their adventure in 2021, when a band of blockchain enthusiasts joined up with a group of video gaming industry
- [Indian Government Consulting With IMF, World Bank on Crypto Policy](https://www.coinslegend.com/news/indian-government-consulting-with-imf-world-bank-on-crypto-policy/) - India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the IMF and the World Bank and incorporating these,” said an official from the
- [Bandai Namco Announces Gundam Themed Metaverse](https://www.coinslegend.com/news/bandai-namco-announces-gundam-themed-metaverse/) - Bandai Namco, a game developer and publishing company involved in the production of toys from several intellectual properties (IPs), has revealed more information about its $130-million metaverse gambit. The company says this new initiative will be based on its Gundam IP, being one of the first instances in the announced IP Axis strategy of the
- [US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool](https://www.coinslegend.com/news/us-senator-cruz-introduces-bill-to-prevent-federal-reserve-from-using-digital-currency-as-surveillance-tool/) - U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used
- [19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found](https://www.coinslegend.com/news/19-million-bitcoin-have-been-mined-into-circulation-2-million-left-to-be-found/) - On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have Been Issued The Bitcoin (BTC) network reached a milestone on
- [ARTIC Brings the Decentralized Approach to Art Galleries and Exhibitions via Its Meta-Exhibitions](https://www.coinslegend.com/news/artic-brings-the-decentralized-approach-to-art-galleries-and-exhibitions-via-its-meta-exhibitions/) - PRESS RELEASE. The ARTIC team is made up of highly skilled IT engineers, art consultants, designers, and various other professionals with an average of more than 20 years of experience in their respective disciplines. The ARTIC team intends to use blockchain technology to tackle contemporary problems like copyright infringement, counterfeit difficulties and provenance, which are
- [Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC](https://www.coinslegend.com/market-updates/kenya-central-bank-governor-low-smartphone-penetration-working-against-plan-to-launch-cbdc/) - According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls Delaying CBDC Rollout The governor of the Central Bank
- [NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay](https://www.coinslegend.com/news/nft-marketplace-opensea-to-add-credit-card-apple-pay-support-via-moonpay/) - According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support announcement. Moonpay Reveals Opensea Users Will Soon be Able to Pay for NFTs With a Credit

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- [APENFT](https://www.coinslegend.com/tag/apenft/)
- [marketplace](https://www.coinslegend.com/tag/marketplace/)
- [testnet](https://www.coinslegend.com/tag/testnet/)
- [Affiliate hacks](https://www.coinslegend.com/tag/affiliate-hacks/)
- [Russian broadcaster](https://www.coinslegend.com/tag/russian-broadcaster/)
- [VeChain](https://www.coinslegend.com/tag/vechain/)
- [Fiat payment](https://www.coinslegend.com/tag/fiat-payment/)
- [VET](https://www.coinslegend.com/tag/vet/)
- [Luna foundation](https://www.coinslegend.com/tag/luna-foundation/)
- [Tesla stash](https://www.coinslegend.com/tag/tesla-stash/)
- [ZIL rallies](https://www.coinslegend.com/tag/zil-rallies/)
- [Sol](https://www.coinslegend.com/tag/sol/)
- [Waves](https://www.coinslegend.com/tag/waves/)
- [Cleanspark](https://www.coinslegend.com/tag/cleanspark/)
- [Bitcoin miner](https://www.coinslegend.com/tag/bitcoin-miner/)
- [Texas Expansion](https://www.coinslegend.com/tag/texas-expansion/)
- [NovaTerra](https://www.coinslegend.com/tag/novaterra/)
- [P2E](https://www.coinslegend.com/tag/p2e/)
- [Metaverse](https://www.coinslegend.com/tag/metaverse/)
- [Layerzero labs](https://www.coinslegend.com/tag/layerzero-labs/)
- [Bolster cross-chain](https://www.coinslegend.com/tag/bolster-cross-chain/)
- [Dapps](https://www.coinslegend.com/tag/dapps/)
- [Citi](https://www.coinslegend.com/tag/citi/)
- [Koinly](https://www.coinslegend.com/tag/koinly/)
- [Crypto tax software](https://www.coinslegend.com/tag/crypto-tax-software/)
- [Circle](https://www.coinslegend.com/tag/circle/)
- [BNY Mellon](https://www.coinslegend.com/tag/bny-mellon/)
- [USDC reserves](https://www.coinslegend.com/tag/usdc-reserves/)
- [IMF](https://www.coinslegend.com/tag/imf/)
- [Russia sanctions](https://www.coinslegend.com/tag/russia-sanctions/)
- [US Dollar](https://www.coinslegend.com/tag/us-dollar/)
- [Japan](https://www.coinslegend.com/tag/japan/)
- [Crypto regulations](https://www.coinslegend.com/tag/crypto-regulations/)
- [Crypto wallets](https://www.coinslegend.com/tag/crypto-wallets/)
- [DeFi space](https://www.coinslegend.com/tag/defi-space/)
- [EU lawmakers](https://www.coinslegend.com/tag/eu-lawmakers/)
- [Law project](https://www.coinslegend.com/tag/law-project/)
- [Lbank exchange](https://www.coinslegend.com/tag/lbank-exchange/)
- [Lilly Finance](https://www.coinslegend.com/tag/lilly-finance/)
- [LY](https://www.coinslegend.com/tag/ly/)
- [Nonfarm](https://www.coinslegend.com/tag/nonfarm/)
- [Nike](https://www.coinslegend.com/tag/nike/)
- [Ralph Lauren](https://www.coinslegend.com/tag/ralph-lauren/)
- [NFL](https://www.coinslegend.com/tag/nfl/)
- [Market signal](https://www.coinslegend.com/tag/market-signal/)
- [US](https://www.coinslegend.com/tag/us/)
- [America](https://www.coinslegend.com/tag/america/)
- [Recession increase](https://www.coinslegend.com/tag/recession-increase/)
- [Polygon](https://www.coinslegend.com/tag/polygon/)
- [Web3](https://www.coinslegend.com/tag/web3/)
- [L2](https://www.coinslegend.com/tag/l2/)
- [Zero-knowledge](https://www.coinslegend.com/tag/zero-knowledge/)
- [Moonpay](https://www.coinslegend.com/tag/moonpay/)
- [Apple pay](https://www.coinslegend.com/tag/apple-pay/)
- [Kenya central bank](https://www.coinslegend.com/tag/kenya-central-bank/)
- [CBDC](https://www.coinslegend.com/tag/cbdc/)
- [Central bank](https://www.coinslegend.com/tag/central-bank/)
- [Njoroge](https://www.coinslegend.com/tag/njoroge/)
- [ARTIC](https://www.coinslegend.com/tag/artic/)
- [Meta-exhibitions](https://www.coinslegend.com/tag/meta-exhibitions/)
- [Decentralized](https://www.coinslegend.com/tag/decentralized/)
- [Satoshi](https://www.coinslegend.com/tag/satoshi/)
- [Digital currency](https://www.coinslegend.com/tag/digital-currency/)
- [Ted Cruz](https://www.coinslegend.com/tag/ted-cruz/)
- [Bandai Namco](https://www.coinslegend.com/tag/bandai-namco/)
- [IPs](https://www.coinslegend.com/tag/ips/)
- [Indian government](https://www.coinslegend.com/tag/indian-government/)
- [World bank](https://www.coinslegend.com/tag/world-bank/)
- [Crypto policy](https://www.coinslegend.com/tag/crypto-policy/)
- [Moxy.io](https://www.coinslegend.com/tag/moxy-io/)
- [Play to earn](https://www.coinslegend.com/tag/play-to-earn/)
- [Crypto market](https://www.coinslegend.com/tag/crypto-market/)
- [Finance](https://www.coinslegend.com/tag/finance/)
- [Infrastructure](https://www.coinslegend.com/tag/infrastructure/)
- [Russia](https://www.coinslegend.com/tag/russia/)
- [LeisurePay](https://www.coinslegend.com/tag/leisurepay/)
- [Bitmart](https://www.coinslegend.com/tag/bitmart/)
- [Probit global](https://www.coinslegend.com/tag/probit-global/)
- [Tax](https://www.coinslegend.com/tag/tax/)
- [Crypto trading](https://www.coinslegend.com/tag/crypto-trading/)
- [Vaneck](https://www.coinslegend.com/tag/vaneck/)
- [Bitcoin mining](https://www.coinslegend.com/tag/bitcoin-mining/)
- [ATM](https://www.coinslegend.com/tag/atm/)
- [Tracker](https://www.coinslegend.com/tag/tracker/)
- [Tesla](https://www.coinslegend.com/tag/tesla/)
- [Elon Musk](https://www.coinslegend.com/tag/elon-musk/)
- [Dogecoin](https://www.coinslegend.com/tag/dogecoin/)
- [DOGE](https://www.coinslegend.com/tag/doge/)
- [Shiba Inu](https://www.coinslegend.com/tag/shiba-inu/)
- [SHIB](https://www.coinslegend.com/tag/shib/)
- [Meme-coin](https://www.coinslegend.com/tag/meme-coin/)
- [Stock markets](https://www.coinslegend.com/tag/stock-markets/)
- [Africa](https://www.coinslegend.com/tag/africa/)
- [Defiance](https://www.coinslegend.com/tag/defiance/)
- [ETFs](https://www.coinslegend.com/tag/etfs/)
- [NBC](https://www.coinslegend.com/tag/nbc/)
- [Thodex](https://www.coinslegend.com/tag/thodex/)
- [Turkisch exchange](https://www.coinslegend.com/tag/turkisch-exchange/)
- [Taxes](https://www.coinslegend.com/tag/taxes/)
- [Colombian tax](https://www.coinslegend.com/tag/colombian-tax/)
- [Musk](https://www.coinslegend.com/tag/musk/)
- [Bitcoins](https://www.coinslegend.com/tag/bitcoins/)
- [Kazakhstan](https://www.coinslegend.com/tag/kazakhstan/)
- [Crypto miners](https://www.coinslegend.com/tag/crypto-miners/)
- [TrueUSD](https://www.coinslegend.com/tag/trueusd/)
- [Balancer](https://www.coinslegend.com/tag/balancer/)
- [Stablecoin](https://www.coinslegend.com/tag/stablecoin/)
- [fees](https://www.coinslegend.com/tag/fees/)
- [altcoin](https://www.coinslegend.com/tag/altcoin/)
- [European inflation](https://www.coinslegend.com/tag/european-inflation/)
- [ECB](https://www.coinslegend.com/tag/ecb/)
- [Cyprus](https://www.coinslegend.com/tag/cyprus/)
- [Bored Ape](https://www.coinslegend.com/tag/bored-ape/)
- [JPmorgan](https://www.coinslegend.com/tag/jpmorgan/)
- [South Korea](https://www.coinslegend.com/tag/south-korea/)
- [Bolster](https://www.coinslegend.com/tag/bolster/)
- [NFT Ecosystem](https://www.coinslegend.com/tag/nft-ecosystem/)
- [Balarusian](https://www.coinslegend.com/tag/balarusian/)
- [Currency.com](https://www.coinslegend.com/tag/currency-com/)
- [Ripio](https://www.coinslegend.com/tag/ripio/)
- [Indian crypto](https://www.coinslegend.com/tag/indian-crypto/)
- [UPI](https://www.coinslegend.com/tag/upi/)
- [Exchanges](https://www.coinslegend.com/tag/exchanges/)
- [NPCI](https://www.coinslegend.com/tag/npci/)
- [Mastercard](https://www.coinslegend.com/tag/mastercard/)
- [NFT services](https://www.coinslegend.com/tag/nft-services/)
- [Metaverse trademark](https://www.coinslegend.com/tag/metaverse-trademark/)
- [trademark](https://www.coinslegend.com/tag/trademark/)
- [Blockchain.com](https://www.coinslegend.com/tag/blockchain-com/)
- [Sponsorship](https://www.coinslegend.com/tag/sponsorship/)
- [Megabanks](https://www.coinslegend.com/tag/megabanks/)
- [Data dump](https://www.coinslegend.com/tag/data-dump/)
- [Stealth funding](https://www.coinslegend.com/tag/stealth-funding/)
- [ETH Mining rigs](https://www.coinslegend.com/tag/eth-mining-rigs/)
- [Lbank's](https://www.coinslegend.com/tag/lbanks/)
- [Exhibition](https://www.coinslegend.com/tag/exhibition/)
- [BCH](https://www.coinslegend.com/tag/bch/)
- [Market cap](https://www.coinslegend.com/tag/market-cap/)
- [Mozilla](https://www.coinslegend.com/tag/mozilla/)
- [Proof-of-work](https://www.coinslegend.com/tag/proof-of-work/)
- [Raised funds](https://www.coinslegend.com/tag/raised-funds/)
- [Advertising agency](https://www.coinslegend.com/tag/advertising-agency/)
- [Egyptian](https://www.coinslegend.com/tag/egyptian/)
- [ACH](https://www.coinslegend.com/tag/ach/)
- [Crypto payments](https://www.coinslegend.com/tag/crypto-payments/)
- [Token](https://www.coinslegend.com/tag/token/)
- [Meta](https://www.coinslegend.com/tag/meta/)
- [Horizon world](https://www.coinslegend.com/tag/horizon-world/)
- [Pilot program](https://www.coinslegend.com/tag/pilot-program/)
- [Central bank of russia](https://www.coinslegend.com/tag/central-bank-of-russia/)
- [Rappi app](https://www.coinslegend.com/tag/rappi-app/)
- [Mexico](https://www.coinslegend.com/tag/mexico/)
- [Rappi](https://www.coinslegend.com/tag/rappi/)
- [Avalanche](https://www.coinslegend.com/tag/avalanche/)
- [Fantom](https://www.coinslegend.com/tag/fantom/)
- [Moonbeam](https://www.coinslegend.com/tag/moonbeam/)
- [Osmosis](https://www.coinslegend.com/tag/osmosis/)
- [MappedSwap](https://www.coinslegend.com/tag/mappedswap/)
- [MST](https://www.coinslegend.com/tag/mst/)
- [Giveaway](https://www.coinslegend.com/tag/giveaway/)
- [Blackrock](https://www.coinslegend.com/tag/blackrock/)
- [Fidelity](https://www.coinslegend.com/tag/fidelity/)
- [Crypto investment](https://www.coinslegend.com/tag/crypto-investment/)
- [Anonymous](https://www.coinslegend.com/tag/anonymous/)
- [Cyberwar](https://www.coinslegend.com/tag/cyberwar/)
- [Quik.com](https://www.coinslegend.com/tag/quik-com/)
- [NFT domain names](https://www.coinslegend.com/tag/nft-domain-names/)
- [Ethereum developer](https://www.coinslegend.com/tag/ethereum-developer/)
- [Griffith](https://www.coinslegend.com/tag/griffith/)
- [Prison](https://www.coinslegend.com/tag/prison/)
- [North Korea](https://www.coinslegend.com/tag/north-korea/)
- [Mining pools](https://www.coinslegend.com/tag/mining-pools/)
- [Robinhood listing](https://www.coinslegend.com/tag/robinhood-listing/)
- [Inflation](https://www.coinslegend.com/tag/inflation/)
- [Golden state warriors](https://www.coinslegend.com/tag/golden-state-warriors/)
- [NFT collection](https://www.coinslegend.com/tag/nft-collection/)
- [NBA](https://www.coinslegend.com/tag/nba/)
- [Parex](https://www.coinslegend.com/tag/parex/)
- [Decentralized exchange](https://www.coinslegend.com/tag/decentralized-exchange/)
- [Exchange](https://www.coinslegend.com/tag/exchange/)
- [Robinhood](https://www.coinslegend.com/tag/robinhood/)
- [Trading platform](https://www.coinslegend.com/tag/trading-platform/)
- [Compound](https://www.coinslegend.com/tag/compound/)
- [Nigeria](https://www.coinslegend.com/tag/nigeria/)
- [Upland](https://www.coinslegend.com/tag/upland/)
- [Saudi arabia](https://www.coinslegend.com/tag/saudi-arabia/)
- [payment](https://www.coinslegend.com/tag/payment/)
- [Kids metaverse](https://www.coinslegend.com/tag/kids-metaverse/)
- [Epic games](https://www.coinslegend.com/tag/epic-games/)
- [Lego](https://www.coinslegend.com/tag/lego/)
- [Ghana](https://www.coinslegend.com/tag/ghana/)
- [Forex](https://www.coinslegend.com/tag/forex/)
- [Bitfinex](https://www.coinslegend.com/tag/bitfinex/)
- [Tether](https://www.coinslegend.com/tag/tether/)
- [Salvadoran families](https://www.coinslegend.com/tag/salvadoran-families/)
- [Public fund](https://www.coinslegend.com/tag/public-fund/)
- [Mobikwik](https://www.coinslegend.com/tag/mobikwik/)
- [Payment service](https://www.coinslegend.com/tag/payment-service/)
- [India](https://www.coinslegend.com/tag/india/)
- [Iran](https://www.coinslegend.com/tag/iran/)
- [Pilot digital rial](https://www.coinslegend.com/tag/pilot-digital-rial/)
- [Rubenstein](https://www.coinslegend.com/tag/rubenstein/)
- [Coinbase](https://www.coinslegend.com/tag/coinbase/)
- [Bore Ape Yacht Club](https://www.coinslegend.com/tag/bore-ape-yacht-club/)
- [DAO](https://www.coinslegend.com/tag/dao/)
- [Maradona](https://www.coinslegend.com/tag/maradona/)
- [RUNE](https://www.coinslegend.com/tag/rune/)
- [THETA](https://www.coinslegend.com/tag/theta/)
- [Lawsuit](https://www.coinslegend.com/tag/lawsuit/)
- [Total value](https://www.coinslegend.com/tag/total-value/)
- [Economy](https://www.coinslegend.com/tag/economy/)
- [FDIC](https://www.coinslegend.com/tag/fdic/)
- [Crypto plans](https://www.coinslegend.com/tag/crypto-plans/)
- [banks](https://www.coinslegend.com/tag/banks/)
- [Bitmex](https://www.coinslegend.com/tag/bitmex/)
- [Public cryptocurrencies](https://www.coinslegend.com/tag/public-cryptocurrencies/)
- [UAE Financial centre](https://www.coinslegend.com/tag/uae-financial-centre/)
- [Amazon](https://www.coinslegend.com/tag/amazon/)
- [Burry](https://www.coinslegend.com/tag/burry/)
- [Big Short](https://www.coinslegend.com/tag/big-short/)
- [LINE](https://www.coinslegend.com/tag/line/)
- [Settlement with Africa](https://www.coinslegend.com/tag/settlement-with-africa/)
- [Arabian horses](https://www.coinslegend.com/tag/arabian-horses/)
- [Al Sheikh stud](https://www.coinslegend.com/tag/al-sheikh-stud/)
- [Finvault](https://www.coinslegend.com/tag/finvault/)
- [Twitter](https://www.coinslegend.com/tag/twitter/)
- [ZIL](https://www.coinslegend.com/tag/zil/)
- [Biggest movers](https://www.coinslegend.com/tag/biggest-movers/)
- [Vitalik Buterin](https://www.coinslegend.com/tag/vitalik-buterin/)
- [Crypto-friendly](https://www.coinslegend.com/tag/crypto-friendly/)
- [Montenegro](https://www.coinslegend.com/tag/montenegro/)
- [Citizen](https://www.coinslegend.com/tag/citizen/)
- [Algorand](https://www.coinslegend.com/tag/algorand/)
- [Algoracle](https://www.coinslegend.com/tag/algoracle/)
- [Argentinia](https://www.coinslegend.com/tag/argentinia/)
- [P2P markets](https://www.coinslegend.com/tag/p2p-markets/)
- [Peer-to-peer](https://www.coinslegend.com/tag/peer-to-peer/)
- [GMT](https://www.coinslegend.com/tag/gmt/)
- [EOS](https://www.coinslegend.com/tag/eos/)
- [Brazilian](https://www.coinslegend.com/tag/brazilian/)
- [UAE Free zone](https://www.coinslegend.com/tag/uae-free-zone/)
- [Listing $UIM token](https://www.coinslegend.com/tag/listing-uim-token/)
- [Universe Island](https://www.coinslegend.com/tag/universe-island/)
- [PancakeSwap](https://www.coinslegend.com/tag/pancakeswap/)
- [Adopt cryptocurrency](https://www.coinslegend.com/tag/adopt-cryptocurrency/)
- [Crypto Fear](https://www.coinslegend.com/tag/crypto-fear/)
- [Greed Index points](https://www.coinslegend.com/tag/greed-index-points/)
- [Uniswap](https://www.coinslegend.com/tag/uniswap/)
- [Swap Widget](https://www.coinslegend.com/tag/swap-widget/)
- [Bonus](https://www.coinslegend.com/tag/bonus/)
- [Referral program](https://www.coinslegend.com/tag/referral-program/)
- [LFG wallet](https://www.coinslegend.com/tag/lfg-wallet/)
- [Crypto tax](https://www.coinslegend.com/tag/crypto-tax/)
- [OFAC](https://www.coinslegend.com/tag/ofac/)
- [Lazarus Group](https://www.coinslegend.com/tag/lazarus-group/)
- [Ehtereum](https://www.coinslegend.com/tag/ehtereum/)
- [XRP](https://www.coinslegend.com/tag/xrp/)
- [NEAR](https://www.coinslegend.com/tag/near/)
- [NumisMe](https://www.coinslegend.com/tag/numisme/)
- [Cash protocol](https://www.coinslegend.com/tag/cash-protocol/)
- [Sega](https://www.coinslegend.com/tag/sega/)
- [Fumb games](https://www.coinslegend.com/tag/fumb-games/)
- [Zebedee](https://www.coinslegend.com/tag/zebedee/)
- [Australians](https://www.coinslegend.com/tag/australians/)
- [Research](https://www.coinslegend.com/tag/research/)
- [Crypto investments](https://www.coinslegend.com/tag/crypto-investments/)
- [Security](https://www.coinslegend.com/tag/security/)
- [Bitcoin ATM](https://www.coinslegend.com/tag/bitcoin-atm/)
- [New York](https://www.coinslegend.com/tag/new-york/)
- [Illegal](https://www.coinslegend.com/tag/illegal/)
- [SEC](https://www.coinslegend.com/tag/sec/)
- [Grayscale](https://www.coinslegend.com/tag/grayscale/)
- [Metaverse ETFs](https://www.coinslegend.com/tag/metaverse-etfs/)
- [Fidelity investments](https://www.coinslegend.com/tag/fidelity-investments/)
- [Moonbirds](https://www.coinslegend.com/tag/moonbirds/)
- [Mutant Apes](https://www.coinslegend.com/tag/mutant-apes/)
- [Tony Hawk](https://www.coinslegend.com/tag/tony-hawk/)
- [Skateboard](https://www.coinslegend.com/tag/skateboard/)
- [Gas prices](https://www.coinslegend.com/tag/gas-prices/)
- [Oman](https://www.coinslegend.com/tag/oman/)
- [Tokenization](https://www.coinslegend.com/tag/tokenization/)
- [Real estate Tokenization](https://www.coinslegend.com/tag/real-estate-tokenization/)
- [Brazil](https://www.coinslegend.com/tag/brazil/)
- [Pilot test](https://www.coinslegend.com/tag/pilot-test/)
- [Ripple](https://www.coinslegend.com/tag/ripple/)
- [Hyperinflation](https://www.coinslegend.com/tag/hyperinflation/)
- [Pavlov](https://www.coinslegend.com/tag/pavlov/)
- [Arrested](https://www.coinslegend.com/tag/arrested/)
- [Oracle contract](https://www.coinslegend.com/tag/oracle-contract/)
- [OHM](https://www.coinslegend.com/tag/ohm/)
- [TIME](https://www.coinslegend.com/tag/time/)
- [KLIMA](https://www.coinslegend.com/tag/klima/)
- [Tokens](https://www.coinslegend.com/tag/tokens/)
- [KyberSwap](https://www.coinslegend.com/tag/kyberswap/)
- [BitTorrent chain](https://www.coinslegend.com/tag/bittorrent-chain/)
- [Finiko Crypto pyramid](https://www.coinslegend.com/tag/finiko-crypto-pyramid/)
- [Digital Peso](https://www.coinslegend.com/tag/digital-peso/)
- [Banxico](https://www.coinslegend.com/tag/banxico/)
- [EU](https://www.coinslegend.com/tag/eu/)
- [Kadena](https://www.coinslegend.com/tag/kadena/)
- [Tori Zero](https://www.coinslegend.com/tag/tori-zero/)
- [Wirex](https://www.coinslegend.com/tag/wirex/)
- [Crypto spam bots](https://www.coinslegend.com/tag/crypto-spam-bots/)
- [Study](https://www.coinslegend.com/tag/study/)
- [Game space](https://www.coinslegend.com/tag/game-space/)
- [GaaS](https://www.coinslegend.com/tag/gaas/)
- [GameFi](https://www.coinslegend.com/tag/gamefi/)
- [Metamask](https://www.coinslegend.com/tag/metamask/)
- [Bezoge earth](https://www.coinslegend.com/tag/bezoge-earth/)
- [Crypto gaming](https://www.coinslegend.com/tag/crypto-gaming/)
- [Gas](https://www.coinslegend.com/tag/gas/)
- [Crypto payouts](https://www.coinslegend.com/tag/crypto-payouts/)
- [USDC](https://www.coinslegend.com/tag/usdc/)
- [Hryvnia](https://www.coinslegend.com/tag/hryvnia/)
- [MetaRace horse racing](https://www.coinslegend.com/tag/metarace-horse-racing/)
- [DApp](https://www.coinslegend.com/tag/dapp/)
- [Anti-crypto](https://www.coinslegend.com/tag/anti-crypto/)
- [Cambodia](https://www.coinslegend.com/tag/cambodia/)
- [Nepal](https://www.coinslegend.com/tag/nepal/)
- [Cyrpto websites](https://www.coinslegend.com/tag/cyrpto-websites/)
- [GAIMIN](https://www.coinslegend.com/tag/gaimin/)
- [GMRX listing](https://www.coinslegend.com/tag/gmrx-listing/)
- [Finland](https://www.coinslegend.com/tag/finland/)
- [South Africa](https://www.coinslegend.com/tag/south-africa/)
- [Riot](https://www.coinslegend.com/tag/riot/)
- [Texas](https://www.coinslegend.com/tag/texas/)
- [Artizen's](https://www.coinslegend.com/tag/artizens/)
- [ATNT](https://www.coinslegend.com/tag/atnt/)
- [MEXC](https://www.coinslegend.com/tag/mexc/)
- [Digital Yuan](https://www.coinslegend.com/tag/digital-yuan/)
- [Crypto regulation](https://www.coinslegend.com/tag/crypto-regulation/)
- [Singapore](https://www.coinslegend.com/tag/singapore/)
- [MAS](https://www.coinslegend.com/tag/mas/)
- [Crypto hub](https://www.coinslegend.com/tag/crypto-hub/)
- [CropBytes](https://www.coinslegend.com/tag/cropbytes/)
- [Sustainable](https://www.coinslegend.com/tag/sustainable/)
- [Grayscale investments](https://www.coinslegend.com/tag/grayscale-investments/)
- [Europe](https://www.coinslegend.com/tag/europe/)
- [Ethereum whales](https://www.coinslegend.com/tag/ethereum-whales/)
- [Whale watching](https://www.coinslegend.com/tag/whale-watching/)
- [Altcoins](https://www.coinslegend.com/tag/altcoins/)
- [Snowden](https://www.coinslegend.com/tag/snowden/)
- [Zcash](https://www.coinslegend.com/tag/zcash/)
- [VegaX](https://www.coinslegend.com/tag/vegax/)
- [B2B technology](https://www.coinslegend.com/tag/b2b-technology/)
- [CAR](https://www.coinslegend.com/tag/car/)
- [STEPN GMT](https://www.coinslegend.com/tag/stepn-gmt/)
- [GRT](https://www.coinslegend.com/tag/grt/)
- [CAKE](https://www.coinslegend.com/tag/cake/)
- [Fuzzle](https://www.coinslegend.com/tag/fuzzle/)
- [ETF](https://www.coinslegend.com/tag/etf/)
- [Law](https://www.coinslegend.com/tag/law/)
- [Crypto assets](https://www.coinslegend.com/tag/crypto-assets/)
- [Data sharing](https://www.coinslegend.com/tag/data-sharing/)
- [Bank of russia](https://www.coinslegend.com/tag/bank-of-russia/)
- [Brubank](https://www.coinslegend.com/tag/brubank/)
- [Infinite Arcade](https://www.coinslegend.com/tag/infinite-arcade/)
- [Bankoff](https://www.coinslegend.com/tag/bankoff/)
- [Crypto cards](https://www.coinslegend.com/tag/crypto-cards/)
- [SEBA bank](https://www.coinslegend.com/tag/seba-bank/)
- [investments](https://www.coinslegend.com/tag/investments/)
- [STACKD](https://www.coinslegend.com/tag/stackd/)
- [Tudor](https://www.coinslegend.com/tag/tudor/)
- [Trading](https://www.coinslegend.com/tag/trading/)
- [Binaryoptrions](https://www.coinslegend.com/tag/binaryoptrions/)
- [stocks](https://www.coinslegend.com/tag/stocks/)
- [Tron](https://www.coinslegend.com/tag/tron/)
- [Apecoin](https://www.coinslegend.com/tag/apecoin/)
- [APE chain](https://www.coinslegend.com/tag/ape-chain/)
- [Salvador](https://www.coinslegend.com/tag/salvador/)
- [El Salvador](https://www.coinslegend.com/tag/el-salvador/)
- [Hackers](https://www.coinslegend.com/tag/hackers/)
- [Qiwi](https://www.coinslegend.com/tag/qiwi/)
- [Bentley University](https://www.coinslegend.com/tag/bentley-university/)
- [Pakistan](https://www.coinslegend.com/tag/pakistan/)
- [Tezos](https://www.coinslegend.com/tag/tezos/)
- [African](https://www.coinslegend.com/tag/african/)
- [Asian](https://www.coinslegend.com/tag/asian/)
- [Turkey](https://www.coinslegend.com/tag/turkey/)
- [UK](https://www.coinslegend.com/tag/uk/)
- [Stablecoins](https://www.coinslegend.com/tag/stablecoins/)
- [LUNA](https://www.coinslegend.com/tag/luna/)
- [Miller](https://www.coinslegend.com/tag/miller/)
- [Blankfein](https://www.coinslegend.com/tag/blankfein/)
- [Recession](https://www.coinslegend.com/tag/recession/)
- [Tron DAO](https://www.coinslegend.com/tag/tron-dao/)
- [TRX](https://www.coinslegend.com/tag/trx/)
- [USDD](https://www.coinslegend.com/tag/usdd/)
- [ATOM](https://www.coinslegend.com/tag/atom/)
- [DOT](https://www.coinslegend.com/tag/dot/)
- [DFA's](https://www.coinslegend.com/tag/dfas/)
- [Digital financial assets](https://www.coinslegend.com/tag/digital-financial-assets/)
- [TFL](https://www.coinslegend.com/tag/tfl/)
- [Terraform labs](https://www.coinslegend.com/tag/terraform-labs/)
- [BitcoinUSD](https://www.coinslegend.com/tag/bitcoinusd/)
- [Market watch](https://www.coinslegend.com/tag/market-watch/)
- [Metatheory](https://www.coinslegend.com/tag/metatheory/)
- [Pantera](https://www.coinslegend.com/tag/pantera/)
- [A16z](https://www.coinslegend.com/tag/a16z/)
- [Australia](https://www.coinslegend.com/tag/australia/)
- [Bankman-fried](https://www.coinslegend.com/tag/bankman-fried/)
- [Payment network](https://www.coinslegend.com/tag/payment-network/)
- [China](https://www.coinslegend.com/tag/china/)
- [MDC Pyramid](https://www.coinslegend.com/tag/mdc-pyramid/)
- [Magic data chain](https://www.coinslegend.com/tag/magic-data-chain/)
- [Cloudflare](https://www.coinslegend.com/tag/cloudflare/)
- [Decentralized network](https://www.coinslegend.com/tag/decentralized-network/)
- [DOJ](https://www.coinslegend.com/tag/doj/)
- [Criminal complaint](https://www.coinslegend.com/tag/criminal-complaint/)
- [US economy](https://www.coinslegend.com/tag/us-economy/)
- [UST](https://www.coinslegend.com/tag/ust/)
- [Investigation](https://www.coinslegend.com/tag/investigation/)
- [Hashrate](https://www.coinslegend.com/tag/hashrate/)
- [CCAF](https://www.coinslegend.com/tag/ccaf/)
- [Terra community](https://www.coinslegend.com/tag/terra-community/)
- [New tokens](https://www.coinslegend.com/tag/new-tokens/)
- [Crypto card club](https://www.coinslegend.com/tag/crypto-card-club/)
- [AAVE](https://www.coinslegend.com/tag/aave/)
- [Ethereum network](https://www.coinslegend.com/tag/ethereum-network/)
- [MetaOasis](https://www.coinslegend.com/tag/metaoasis/)
- [EU regulations](https://www.coinslegend.com/tag/eu-regulations/)
- [Crypto transactions](https://www.coinslegend.com/tag/crypto-transactions/)
- [CEO](https://www.coinslegend.com/tag/ceo/)
- [IDO](https://www.coinslegend.com/tag/ido/)
- [Binance smart chain](https://www.coinslegend.com/tag/binance-smart-chain/)
- [Freedom protocol](https://www.coinslegend.com/tag/freedom-protocol/)
- [Kwon](https://www.coinslegend.com/tag/kwon/)
- [Terra LUNA](https://www.coinslegend.com/tag/terra-luna/)
- [Mulls](https://www.coinslegend.com/tag/mulls/)
- [Panama](https://www.coinslegend.com/tag/panama/)
- [Popeye metaverse](https://www.coinslegend.com/tag/popeye-metaverse/)
- [MADworld](https://www.coinslegend.com/tag/madworld/)
- [Crypto exchange](https://www.coinslegend.com/tag/crypto-exchange/)
- [Croatia](https://www.coinslegend.com/tag/croatia/)
- [Wex](https://www.coinslegend.com/tag/wex/)
- [Vasiliev](https://www.coinslegend.com/tag/vasiliev/)
- [Bexplus](https://www.coinslegend.com/tag/bexplus/)
- [Copy trading](https://www.coinslegend.com/tag/copy-trading/)
- [Crashing](https://www.coinslegend.com/tag/crashing/)
- [Markets crashing](https://www.coinslegend.com/tag/markets-crashing/)
- [Development bank](https://www.coinslegend.com/tag/development-bank/)
- [MoU](https://www.coinslegend.com/tag/mou/)
- [LABEL](https://www.coinslegend.com/tag/label/)
- [CJ entertainment](https://www.coinslegend.com/tag/cj-entertainment/)
- [Platforms](https://www.coinslegend.com/tag/platforms/)
- [CA GameFi](https://www.coinslegend.com/tag/ca-gamefi/)
- [CyberAgent](https://www.coinslegend.com/tag/cyberagent/)
- [ProjectTB](https://www.coinslegend.com/tag/projecttb/)
- [Crypto asset](https://www.coinslegend.com/tag/crypto-asset/)
- [AXS](https://www.coinslegend.com/tag/axs/)
- [Terra development](https://www.coinslegend.com/tag/terra-development/)
- [Airdrop](https://www.coinslegend.com/tag/airdrop/)
- [Crypto fear and greed index](https://www.coinslegend.com/tag/crypto-fear-and-greed-index/)
- [CFGI](https://www.coinslegend.com/tag/cfgi/)
- [Crypto rally](https://www.coinslegend.com/tag/crypto-rally/)
- [Vybe](https://www.coinslegend.com/tag/vybe/)
- [Mining app](https://www.coinslegend.com/tag/mining-app/)
- [Social media mining app](https://www.coinslegend.com/tag/social-media-mining-app/)
- [Latam](https://www.coinslegend.com/tag/latam/)
- [Metaverse fund](https://www.coinslegend.com/tag/metaverse-fund/)
- [Old fashion research](https://www.coinslegend.com/tag/old-fashion-research/)
- [Legislation](https://www.coinslegend.com/tag/legislation/)
- [Lebanese](https://www.coinslegend.com/tag/lebanese/)
- [Coinbase wallet](https://www.coinslegend.com/tag/coinbase-wallet/)
- [Report](https://www.coinslegend.com/tag/report/)
- [Celsius](https://www.coinslegend.com/tag/celsius/)
- [Bank of Canada](https://www.coinslegend.com/tag/bank-of-canada/)
- [Canada](https://www.coinslegend.com/tag/canada/)
- [Bank of America](https://www.coinslegend.com/tag/bank-of-america/)
- [Bank of England](https://www.coinslegend.com/tag/bank-of-england/)
- [BTC withdrawals](https://www.coinslegend.com/tag/btc-withdrawals/)
- [Hardware fail](https://www.coinslegend.com/tag/hardware-fail/)
- [Wall street Analyst](https://www.coinslegend.com/tag/wall-street-analyst/)
- [altFINS](https://www.coinslegend.com/tag/altfins/)
- [Crypto investing](https://www.coinslegend.com/tag/crypto-investing/)
- [HNT](https://www.coinslegend.com/tag/hnt/)
- [Crypto crash](https://www.coinslegend.com/tag/crypto-crash/)
- [Dohrnii DAO](https://www.coinslegend.com/tag/dohrnii-dao/)
- [BHN token](https://www.coinslegend.com/tag/bhn-token/)
- [Fraud](https://www.coinslegend.com/tag/fraud/)
- [Tech Giant](https://www.coinslegend.com/tag/tech-giant/)
- [Buenbit](https://www.coinslegend.com/tag/buenbit/)
- [Market](https://www.coinslegend.com/tag/market/)
- [Predictions](https://www.coinslegend.com/tag/predictions/)
- [BOSO Tokyo](https://www.coinslegend.com/tag/boso-tokyo/)
- [Skybridge](https://www.coinslegend.com/tag/skybridge/)
- [Crypto lending](https://www.coinslegend.com/tag/crypto-lending/)
- [Blockfi](https://www.coinslegend.com/tag/blockfi/)
- [Terra UST](https://www.coinslegend.com/tag/terra-ust/)
- [Binance US](https://www.coinslegend.com/tag/binance-us/)
- [OpiPets](https://www.coinslegend.com/tag/opipets/)
- [Formula 1](https://www.coinslegend.com/tag/formula-1/)
- [Formula one](https://www.coinslegend.com/tag/formula-one/)
- [Nexo](https://www.coinslegend.com/tag/nexo/)
- [Withdrawals](https://www.coinslegend.com/tag/withdrawals/)
- [Technical analysis](https://www.coinslegend.com/tag/technical-analysis/)
- [XTRA.FUND](https://www.coinslegend.com/tag/xtra-fund/)
- [Rewards](https://www.coinslegend.com/tag/rewards/)
- [Kenya](https://www.coinslegend.com/tag/kenya/)
- [CBDCs](https://www.coinslegend.com/tag/cbdcs/)
- [Financial inclusion](https://www.coinslegend.com/tag/financial-inclusion/)
- [Terra](https://www.coinslegend.com/tag/terra/)
- [Druckenmiller](https://www.coinslegend.com/tag/druckenmiller/)
- [Gold](https://www.coinslegend.com/tag/gold/)
- [Schiff](https://www.coinslegend.com/tag/schiff/)
- [Bull market](https://www.coinslegend.com/tag/bull-market/)
- [Devere group](https://www.coinslegend.com/tag/devere-group/)
- [Huobi](https://www.coinslegend.com/tag/huobi/)
- [Ivy Blocks](https://www.coinslegend.com/tag/ivy-blocks/)
- [Moneygram](https://www.coinslegend.com/tag/moneygram/)
- [Crypto to cash](https://www.coinslegend.com/tag/crypto-to-cash/)
- [Stablecoin market](https://www.coinslegend.com/tag/stablecoin-market/)
- [DOGE mining](https://www.coinslegend.com/tag/doge-mining/)
- [meme coin](https://www.coinslegend.com/tag/meme-coin-2/)
- [Dotcom](https://www.coinslegend.com/tag/dotcom/)
- [Week news](https://www.coinslegend.com/tag/week-news/)
- [Crypto exchanges](https://www.coinslegend.com/tag/crypto-exchanges/)
- [Litecoin](https://www.coinslegend.com/tag/litecoin/)
- [MWEB](https://www.coinslegend.com/tag/mweb/)
- [CPI](https://www.coinslegend.com/tag/cpi/)
- [NXTT](https://www.coinslegend.com/tag/nxtt/)
- [Bear market](https://www.coinslegend.com/tag/bear-market/)
- [Next Earth](https://www.coinslegend.com/tag/next-earth/)
- [decentralized finance](https://www.coinslegend.com/tag/decentralized-finance/)
- [Lithuanian](https://www.coinslegend.com/tag/lithuanian/)
- [American Express](https://www.coinslegend.com/tag/american-express/)
- [Crypto rewards](https://www.coinslegend.com/tag/crypto-rewards/)
- [Abra](https://www.coinslegend.com/tag/abra/)
- [investing](https://www.coinslegend.com/tag/investing/)
- [Mercadolibre](https://www.coinslegend.com/tag/mercadolibre/)
- [Crypto ecosystem](https://www.coinslegend.com/tag/crypto-ecosystem/)
- [Partnership](https://www.coinslegend.com/tag/partnership/)
- [Deloitte](https://www.coinslegend.com/tag/deloitte/)
- [PayPal](https://www.coinslegend.com/tag/paypal/)
- [Airbnb](https://www.coinslegend.com/tag/airbnb/)
- [Ebay](https://www.coinslegend.com/tag/ebay/)
- [Terraform](https://www.coinslegend.com/tag/terraform/)
- [UST Collapse](https://www.coinslegend.com/tag/ust-collapse/)
- [EverRise](https://www.coinslegend.com/tag/everrise/)
- [EverRevoke](https://www.coinslegend.com/tag/everrevoke/)
- [Mad Money](https://www.coinslegend.com/tag/mad-money/)
- [GensoKishi](https://www.coinslegend.com/tag/gensokishi/)
- [Kraken](https://www.coinslegend.com/tag/kraken/)
- [Edge](https://www.coinslegend.com/tag/edge/)
- [Confidential](https://www.coinslegend.com/tag/confidential/)
- [Bitcoin Academy](https://www.coinslegend.com/tag/bitcoin-academy/)
- [Jay-Z](https://www.coinslegend.com/tag/jay-z/)
- [Brooklyn](https://www.coinslegend.com/tag/brooklyn/)
- [Block Inc.](https://www.coinslegend.com/tag/block-inc/)
- [Solana Ventures](https://www.coinslegend.com/tag/solana-ventures/)
- [NFTICALLY](https://www.coinslegend.com/tag/nftically/)
- [COMEARTH](https://www.coinslegend.com/tag/comearth/)
- [Metaverse ecosystem](https://www.coinslegend.com/tag/metaverse-ecosystem/)
- [Regulation](https://www.coinslegend.com/tag/regulation/)
- [Social media](https://www.coinslegend.com/tag/social-media/)
- [Bastyon](https://www.coinslegend.com/tag/bastyon/)
- [TOR network](https://www.coinslegend.com/tag/tor-network/)
- [Pocketcoin](https://www.coinslegend.com/tag/pocketcoin/)
- [PKOIN](https://www.coinslegend.com/tag/pkoin/)
- [Regulations](https://www.coinslegend.com/tag/regulations/)
- [Kiss](https://www.coinslegend.com/tag/kiss/)
- [Gene Simmons](https://www.coinslegend.com/tag/gene-simmons/)
- [Gundlach](https://www.coinslegend.com/tag/gundlach/)
- [NFT auction](https://www.coinslegend.com/tag/nft-auction/)
- [EUROC](https://www.coinslegend.com/tag/euroc/)
- [Citigroup](https://www.coinslegend.com/tag/citigroup/)
- [Crypto prices](https://www.coinslegend.com/tag/crypto-prices/)
- [Bitcoin of America](https://www.coinslegend.com/tag/bitcoin-of-america/)
- [BOA](https://www.coinslegend.com/tag/boa/)
- [Cryptocurrency industry](https://www.coinslegend.com/tag/cryptocurrency-industry/)
- [Women](https://www.coinslegend.com/tag/women/)
- [Seaport protocol](https://www.coinslegend.com/tag/seaport-protocol/)
- [interest](https://www.coinslegend.com/tag/interest/)
- [Cryptoassets](https://www.coinslegend.com/tag/cryptoassets/)
- [Bitcoin investment](https://www.coinslegend.com/tag/bitcoin-investment/)
- [Globant](https://www.coinslegend.com/tag/globant/)
- [Kyrgyzstan](https://www.coinslegend.com/tag/kyrgyzstan/)
- [Zell](https://www.coinslegend.com/tag/zell/)
- [Bill Gates](https://www.coinslegend.com/tag/bill-gates/)
- [Microsoft](https://www.coinslegend.com/tag/microsoft/)
- [Utility NFT](https://www.coinslegend.com/tag/utility-nft/)
- [NFTxg](https://www.coinslegend.com/tag/nftxg/)
- [Microstrategy](https://www.coinslegend.com/tag/microstrategy/)
- [Sandbox](https://www.coinslegend.com/tag/sandbox/)
- [Economics](https://www.coinslegend.com/tag/economics/)
- [US central bank](https://www.coinslegend.com/tag/us-central-bank/)
- [Ternoa](https://www.coinslegend.com/tag/ternoa/)
- [open-source](https://www.coinslegend.com/tag/open-source/)
- [Crypto hedge fund](https://www.coinslegend.com/tag/crypto-hedge-fund/)
- [Three arrows capital](https://www.coinslegend.com/tag/three-arrows-capital/)
- [3AC](https://www.coinslegend.com/tag/3ac/)
- [MATIC](https://www.coinslegend.com/tag/matic/)
- [LINK](https://www.coinslegend.com/tag/link/)
- [Agoras](https://www.coinslegend.com/tag/agoras/)
- [Crypto industry](https://www.coinslegend.com/tag/crypto-industry/)
- [XOXO NFT](https://www.coinslegend.com/tag/xoxo-nft/)
- [XOXO](https://www.coinslegend.com/tag/xoxo/)
- [Bitflex](https://www.coinslegend.com/tag/bitflex/)
- [BETA](https://www.coinslegend.com/tag/beta/)
- [zero-trading](https://www.coinslegend.com/tag/zero-trading/)
- [Oil](https://www.coinslegend.com/tag/oil/)
- [Coinmena](https://www.coinslegend.com/tag/coinmena/)
- [UAE](https://www.coinslegend.com/tag/uae/)
- [Clothing](https://www.coinslegend.com/tag/clothing/)
- [Facebook](https://www.coinslegend.com/tag/facebook/)
- [McKinsey](https://www.coinslegend.com/tag/mckinsey/)
- [Cumberland](https://www.coinslegend.com/tag/cumberland/)
- [OTC](https://www.coinslegend.com/tag/otc/)
- [Sberbank](https://www.coinslegend.com/tag/sberbank/)
- [Namibian](https://www.coinslegend.com/tag/namibian/)
- [EBP](https://www.coinslegend.com/tag/ebp/)
- [European blockchain partnership](https://www.coinslegend.com/tag/european-blockchain-partnership/)
- [Bank of Jamaica](https://www.coinslegend.com/tag/bank-of-jamaica/)
- [MIM](https://www.coinslegend.com/tag/mim/)
- [Jim Cramer](https://www.coinslegend.com/tag/jim-cramer/)
- [LBank](https://www.coinslegend.com/tag/lbank/)
- [Klarman](https://www.coinslegend.com/tag/klarman/)
- [BIS](https://www.coinslegend.com/tag/bis/)
- [Bank of International Settlements](https://www.coinslegend.com/tag/bank-of-international-settlements/)
- [Crypto Weaknesses](https://www.coinslegend.com/tag/crypto-weaknesses/)
- [Miners](https://www.coinslegend.com/tag/miners/)
- [Crypto Hedge](https://www.coinslegend.com/tag/crypto-hedge/)
- [Pound](https://www.coinslegend.com/tag/pound/)
- [GBPT](https://www.coinslegend.com/tag/gbpt/)
- [UNI](https://www.coinslegend.com/tag/uni/)
- [Exchange market](https://www.coinslegend.com/tag/exchange-market/)
- [Wechat](https://www.coinslegend.com/tag/wechat/)
- [Prohibit](https://www.coinslegend.com/tag/prohibit/)
- [Crypto service](https://www.coinslegend.com/tag/crypto-service/)
- [Embr](https://www.coinslegend.com/tag/embr/)
- [Future-proof](https://www.coinslegend.com/tag/future-proof/)
- [Philippine central bank](https://www.coinslegend.com/tag/philippine-central-bank/)
- [Crypto investors](https://www.coinslegend.com/tag/crypto-investors/)
- [Cryptopunk](https://www.coinslegend.com/tag/cryptopunk/)
- [Central African Republic](https://www.coinslegend.com/tag/central-african-republic/)
- [Telegram](https://www.coinslegend.com/tag/telegram/)
- [Monetize platform](https://www.coinslegend.com/tag/monetize-platform/)
- [Premium Tier](https://www.coinslegend.com/tag/premium-tier/)
- [Plan B](https://www.coinslegend.com/tag/plan-b/)
- [Stock to flow](https://www.coinslegend.com/tag/stock-to-flow/)
- [S2F](https://www.coinslegend.com/tag/s2f/)
- [Goldman Sachs](https://www.coinslegend.com/tag/goldman-sachs/)
- [Risk of Recession](https://www.coinslegend.com/tag/risk-of-recession/)
- [Registrating crypto companies](https://www.coinslegend.com/tag/registrating-crypto-companies/)
- [Cryptocurrency exchanges](https://www.coinslegend.com/tag/cryptocurrency-exchanges/)
- [Exchange rate](https://www.coinslegend.com/tag/exchange-rate/)
- [Privacy cryptocurrencies](https://www.coinslegend.com/tag/privacy-cryptocurrencies/)
- [Privacy coin](https://www.coinslegend.com/tag/privacy-coin/)
- [MIntMe coin](https://www.coinslegend.com/tag/mintme-coin/)
- [Launch](https://www.coinslegend.com/tag/launch/)
- [Shut down](https://www.coinslegend.com/tag/shut-down/)
- [Visa](https://www.coinslegend.com/tag/visa/)
- [Crypto enabled cards](https://www.coinslegend.com/tag/crypto-enabled-cards/)
- [Remote work](https://www.coinslegend.com/tag/remote-work/)
- [P2E games](https://www.coinslegend.com/tag/p2e-games/)
- [Deutsche bank](https://www.coinslegend.com/tag/deutsche-bank/)
- [Biden](https://www.coinslegend.com/tag/biden/)
- [Janet Yellen](https://www.coinslegend.com/tag/janet-yellen/)
- [Securities and exchange commission](https://www.coinslegend.com/tag/securities-and-exchange-commission/)
- [Cleveland](https://www.coinslegend.com/tag/cleveland/)
- [Federal reserve bank of Cleveland](https://www.coinslegend.com/tag/federal-reserve-bank-of-cleveland/)
- [Google searches](https://www.coinslegend.com/tag/google-searches/)
- [MKR](https://www.coinslegend.com/tag/mkr/)
- [Maker](https://www.coinslegend.com/tag/maker/)
- [Kevin O'Leary](https://www.coinslegend.com/tag/kevin-oleary/)
- [Crypto market downturn](https://www.coinslegend.com/tag/crypto-market-downturn/)
- [GRN](https://www.coinslegend.com/tag/grn/)
- [Ronaldo](https://www.coinslegend.com/tag/ronaldo/)
- [Switzerland](https://www.coinslegend.com/tag/switzerland/)
- [NoVa token](https://www.coinslegend.com/tag/nova-token/)
- [NVA](https://www.coinslegend.com/tag/nva/)
- [Bitrue](https://www.coinslegend.com/tag/bitrue/)
- [NoVa Battles](https://www.coinslegend.com/tag/nova-battles/)
- [Namibian university](https://www.coinslegend.com/tag/namibian-university/)
- [blockchain technology](https://www.coinslegend.com/tag/blockchain-technology/)
- [Master degree](https://www.coinslegend.com/tag/master-degree/)
- [European Central Bank](https://www.coinslegend.com/tag/european-central-bank/)
- [Powell](https://www.coinslegend.com/tag/powell/)
- [tracking crypto](https://www.coinslegend.com/tag/tracking-crypto/)
- [RENEC](https://www.coinslegend.com/tag/renec/)
- [Remitano network](https://www.coinslegend.com/tag/remitano-network/)
- [OSC](https://www.coinslegend.com/tag/osc/)
- [Ontario Securities commission](https://www.coinslegend.com/tag/ontario-securities-commission/)
- [Kucion](https://www.coinslegend.com/tag/kucion/)
- [Bybit](https://www.coinslegend.com/tag/bybit/)
- [Do Kwon](https://www.coinslegend.com/tag/do-kwon/)
- [LUNA collapse](https://www.coinslegend.com/tag/luna-collapse/)
- [Knownorigin](https://www.coinslegend.com/tag/knownorigin/)
- [Cryptostone](https://www.coinslegend.com/tag/cryptostone/)
- [CPS token](https://www.coinslegend.com/tag/cps-token/)
- [Financial ecosystem](https://www.coinslegend.com/tag/financial-ecosystem/)
- [Voyager digital](https://www.coinslegend.com/tag/voyager-digital/)
- [Spanish treasury](https://www.coinslegend.com/tag/spanish-treasury/)
- [Crypto tax model](https://www.coinslegend.com/tag/crypto-tax-model/)
- [Digital Collectible downturn](https://www.coinslegend.com/tag/digital-collectible-downturn/)
- [Crypto bear market](https://www.coinslegend.com/tag/crypto-bear-market/)
- [web3 wallet](https://www.coinslegend.com/tag/web3-wallet/)
- [Bitriver](https://www.coinslegend.com/tag/bitriver/)
- [Russian crypto mining](https://www.coinslegend.com/tag/russian-crypto-mining/)
- [Gazprom Neft](https://www.coinslegend.com/tag/gazprom-neft/)
- [Digital coins](https://www.coinslegend.com/tag/digital-coins/)
- [Uganda](https://www.coinslegend.com/tag/uganda/)
- [Bitcoin Cash](https://www.coinslegend.com/tag/bitcoin-cash/)
- [KBC](https://www.coinslegend.com/tag/kbc/)
- [Blockchain based coin](https://www.coinslegend.com/tag/blockchain-based-coin/)
- [Virtual currency](https://www.coinslegend.com/tag/virtual-currency/)
- [Revoland](https://www.coinslegend.com/tag/revoland/)
- [EverStart](https://www.coinslegend.com/tag/everstart/)
- [Withdrawal freeze](https://www.coinslegend.com/tag/withdrawal-freeze/)
- [Stolen funds](https://www.coinslegend.com/tag/stolen-funds/)
- [Students](https://www.coinslegend.com/tag/students/)
- [Deribit](https://www.coinslegend.com/tag/deribit/)
- [FinTech company](https://www.coinslegend.com/tag/fintech-company/)
- [Digital wealth](https://www.coinslegend.com/tag/digital-wealth/)
- [Digital euro](https://www.coinslegend.com/tag/digital-euro/)
- [XMR](https://www.coinslegend.com/tag/xmr/)
- [Helium](https://www.coinslegend.com/tag/helium/)
- [Monero](https://www.coinslegend.com/tag/monero/)
- [Crypto economy](https://www.coinslegend.com/tag/crypto-economy/)
- [Crypto payment](https://www.coinslegend.com/tag/crypto-payment/)
- [Crypto legalization](https://www.coinslegend.com/tag/crypto-legalization/)
- [Foresight](https://www.coinslegend.com/tag/foresight/)
- [Foresight Ventures](https://www.coinslegend.com/tag/foresight-ventures/)
- [Private round crypto assets](https://www.coinslegend.com/tag/private-round-crypto-assets/)
- [XTZ](https://www.coinslegend.com/tag/xtz/)
- [Crypto market trading](https://www.coinslegend.com/tag/crypto-market-trading/)
- [Yellen](https://www.coinslegend.com/tag/yellen/)
- [Hong Kong](https://www.coinslegend.com/tag/hong-kong/)
- [Non fungible tokens](https://www.coinslegend.com/tag/non-fungible-tokens/)
- [Fiat currency](https://www.coinslegend.com/tag/fiat-currency/)
- [Stagflation](https://www.coinslegend.com/tag/stagflation/)
- [Citadel](https://www.coinslegend.com/tag/citadel/)
- [Cryptocurrency trading platform](https://www.coinslegend.com/tag/cryptocurrency-trading-platform/)
- [wallets](https://www.coinslegend.com/tag/wallets/)
- [Checkout.com](https://www.coinslegend.com/tag/checkout-com/)
- [Polygon Network](https://www.coinslegend.com/tag/polygon-network/)
- [myNFT](https://www.coinslegend.com/tag/mynft/)
- [ADA](https://www.coinslegend.com/tag/ada/)
- [Staking services](https://www.coinslegend.com/tag/staking-services/)
- [PoS](https://www.coinslegend.com/tag/pos/)
- [Arrakis Finance](https://www.coinslegend.com/tag/arrakis-finance/)
- [Ethiopian central bank](https://www.coinslegend.com/tag/ethiopian-central-bank/)
- [NBE](https://www.coinslegend.com/tag/nbe/)
- [Unity CEO](https://www.coinslegend.com/tag/unity-ceo/)
- [Myria](https://www.coinslegend.com/tag/myria/)
- [Community members](https://www.coinslegend.com/tag/community-members/)
- [Cryptoys](https://www.coinslegend.com/tag/cryptoys/)
- [Virtual toys](https://www.coinslegend.com/tag/virtual-toys/)
- [Gaming](https://www.coinslegend.com/tag/gaming/)
- [FBI](https://www.coinslegend.com/tag/fbi/)
- [CFTC](https://www.coinslegend.com/tag/cftc/)
- [Security and exchange commission](https://www.coinslegend.com/tag/security-and-exchange-commission/)
- [Morocco's central bank](https://www.coinslegend.com/tag/moroccos-central-bank/)
- [Eminem](https://www.coinslegend.com/tag/eminem/)
- [Snoop Dogg](https://www.coinslegend.com/tag/snoop-dogg/)
- [Bored Ape avatars](https://www.coinslegend.com/tag/bored-ape-avatars/)
- [BAYC](https://www.coinslegend.com/tag/bayc/)
- [Pionex](https://www.coinslegend.com/tag/pionex/)
- [Trading bots](https://www.coinslegend.com/tag/trading-bots/)
- [Crypto rollercoaster](https://www.coinslegend.com/tag/crypto-rollercoaster/)
- [Moscow's finance](https://www.coinslegend.com/tag/moscows-finance/)
- [Bondholders](https://www.coinslegend.com/tag/bondholders/)
- [Pocket network](https://www.coinslegend.com/tag/pocket-network/)
- [Multichain strategy](https://www.coinslegend.com/tag/multichain-strategy/)
- [Milestone](https://www.coinslegend.com/tag/milestone/)
- [Meta Pay](https://www.coinslegend.com/tag/meta-pay/)
- [Facebook pay service](https://www.coinslegend.com/tag/facebook-pay-service/)
- [Latam Gateway](https://www.coinslegend.com/tag/latam-gateway/)
- [Tencent](https://www.coinslegend.com/tag/tencent/)
- [Metaverse market](https://www.coinslegend.com/tag/metaverse-market/)
- [MLP](https://www.coinslegend.com/tag/mlp/)
- [My liquidity Partner](https://www.coinslegend.com/tag/my-liquidity-partner/)
- [Mining ban](https://www.coinslegend.com/tag/mining-ban/)
- [Iran's crypto community](https://www.coinslegend.com/tag/irans-crypto-community/)
- [Zuckerberg](https://www.coinslegend.com/tag/zuckerberg/)
- [Yuga labs](https://www.coinslegend.com/tag/yuga-labs/)
- [Harmony](https://www.coinslegend.com/tag/harmony/)
- [Multi-sig scheme](https://www.coinslegend.com/tag/multi-sig-scheme/)
- [Crypto firm](https://www.coinslegend.com/tag/crypto-firm/)
- [Alameda ventures](https://www.coinslegend.com/tag/alameda-ventures/)
- [Crypto rial](https://www.coinslegend.com/tag/crypto-rial/)
- [Pilot](https://www.coinslegend.com/tag/pilot/)
- [Ruble](https://www.coinslegend.com/tag/ruble/)
- [Crypto downturn](https://www.coinslegend.com/tag/crypto-downturn/)
- [Central Bank of Nigeria](https://www.coinslegend.com/tag/central-bank-of-nigeria/)
- [Lebanon](https://www.coinslegend.com/tag/lebanon/)
- [Black market](https://www.coinslegend.com/tag/black-market/)
- [Netherlands](https://www.coinslegend.com/tag/netherlands/)
- [KYC data](https://www.coinslegend.com/tag/kyc-data/)
- [Transferring](https://www.coinslegend.com/tag/transferring/)
- [VIP](https://www.coinslegend.com/tag/vip/)
- [Britisch MP](https://www.coinslegend.com/tag/britisch-mp/)
- [Revolution](https://www.coinslegend.com/tag/revolution/)
- [Digital ruble](https://www.coinslegend.com/tag/digital-ruble/)
- [CBR](https://www.coinslegend.com/tag/cbr/)
- [Hardware](https://www.coinslegend.com/tag/hardware/)
- [Distressed assets](https://www.coinslegend.com/tag/distressed-assets/)
- [Crypto Lender](https://www.coinslegend.com/tag/crypto-lender/)
- [Sleeping bitcoins](https://www.coinslegend.com/tag/sleeping-bitcoins/)
- [Moved](https://www.coinslegend.com/tag/moved/)
- [TVL](https://www.coinslegend.com/tag/tvl/)
- [Near protocol](https://www.coinslegend.com/tag/near-protocol/)
- [Albania](https://www.coinslegend.com/tag/albania/)
- [Cryptocurrency investments](https://www.coinslegend.com/tag/cryptocurrency-investments/)
- [Saddle Finance](https://www.coinslegend.com/tag/saddle-finance/)
- [DeFi trading](https://www.coinslegend.com/tag/defi-trading/)
- [Virtual IP](https://www.coinslegend.com/tag/virtual-ip/)
- [Brave Group Inc.](https://www.coinslegend.com/tag/brave-group-inc/)
- [State run media](https://www.coinslegend.com/tag/state-run-media/)
- [Bitcoin price](https://www.coinslegend.com/tag/bitcoin-price/)
- [Crypto warning](https://www.coinslegend.com/tag/crypto-warning/)
- [argentina](https://www.coinslegend.com/tag/argentina/)
- [expand](https://www.coinslegend.com/tag/expand/)
- [Crypto company](https://www.coinslegend.com/tag/crypto-company/)
- [Cappasity](https://www.coinslegend.com/tag/cappasity/)
- [Loyalty programs](https://www.coinslegend.com/tag/loyalty-programs/)
- [Mercado Pago](https://www.coinslegend.com/tag/mercado-pago/)
- [Digital payments](https://www.coinslegend.com/tag/digital-payments/)
- [BSN](https://www.coinslegend.com/tag/bsn/)
- [Crypto losses](https://www.coinslegend.com/tag/crypto-losses/)
- [Spain](https://www.coinslegend.com/tag/spain/)
- [CNMV](https://www.coinslegend.com/tag/cnmv/)
- [Crypto advertisements](https://www.coinslegend.com/tag/crypto-advertisements/)
- [Robert Kiyosaki](https://www.coinslegend.com/tag/robert-kiyosaki/)
- [Rich dad poor dad](https://www.coinslegend.com/tag/rich-dad-poor-dad/)
- [Glassnode](https://www.coinslegend.com/tag/glassnode/)
- [bankruptcy](https://www.coinslegend.com/tag/bankruptcy/)
- [COIN shares](https://www.coinslegend.com/tag/coin-shares/)
- [Zimbabwe](https://www.coinslegend.com/tag/zimbabwe/)
- [Gold coins](https://www.coinslegend.com/tag/gold-coins/)
- [Taiwan](https://www.coinslegend.com/tag/taiwan/)
- [Central bank digital currency](https://www.coinslegend.com/tag/central-bank-digital-currency/)
- [trademark applications](https://www.coinslegend.com/tag/trademark-applications/)
- [NFT exchanges](https://www.coinslegend.com/tag/nft-exchanges/)
- [NFT trading](https://www.coinslegend.com/tag/nft-trading/)
- [Warren Buffet-backed](https://www.coinslegend.com/tag/warren-buffet-backed/)
- [Nubank](https://www.coinslegend.com/tag/nubank/)
- [digital banking platform](https://www.coinslegend.com/tag/digital-banking-platform/)
- [Uzbekistan](https://www.coinslegend.com/tag/uzbekistan/)
- [Cryptocurrency miners](https://www.coinslegend.com/tag/cryptocurrency-miners/)
- [Digital currencies](https://www.coinslegend.com/tag/digital-currencies/)
- [Bancorp](https://www.coinslegend.com/tag/bancorp/)
- [NYCB](https://www.coinslegend.com/tag/nycb/)
- [Delio](https://www.coinslegend.com/tag/delio/)
- [DSP](https://www.coinslegend.com/tag/dsp/)
- [List in june](https://www.coinslegend.com/tag/list-in-june/)
- [British virgin islands](https://www.coinslegend.com/tag/british-virgin-islands/)
- [BVI](https://www.coinslegend.com/tag/bvi/)
- [Venezuela](https://www.coinslegend.com/tag/venezuela/)
- [US sanctions](https://www.coinslegend.com/tag/us-sanctions/)
- [L2 launch](https://www.coinslegend.com/tag/l2-launch/)
- [Shibarium](https://www.coinslegend.com/tag/shibarium/)
- [Gender problem](https://www.coinslegend.com/tag/gender-problem/)
- [John McAfee](https://www.coinslegend.com/tag/john-mcafee/)
- [Anti-virus software](https://www.coinslegend.com/tag/anti-virus-software/)
- [Nano Bitcoin](https://www.coinslegend.com/tag/nano-bitcoin/)
- [BIT](https://www.coinslegend.com/tag/bit/)
- [Crypto tour](https://www.coinslegend.com/tag/crypto-tour/)
- [Cryptocurrency awareness tour](https://www.coinslegend.com/tag/cryptocurrency-awareness-tour/)
- [BCAT](https://www.coinslegend.com/tag/bcat/)
- [Bitcoin scam](https://www.coinslegend.com/tag/bitcoin-scam/)
- [Binance pay](https://www.coinslegend.com/tag/binance-pay/)
- [Alchemy pay](https://www.coinslegend.com/tag/alchemy-pay/)
- [ePayments](https://www.coinslegend.com/tag/epayments/)
- [QponBay](https://www.coinslegend.com/tag/qponbay/)
- [Decentralized nature](https://www.coinslegend.com/tag/decentralized-nature/)
- [SEBI](https://www.coinslegend.com/tag/sebi/)
- [BNB](https://www.coinslegend.com/tag/bnb/)
- [BNB token](https://www.coinslegend.com/tag/bnb-token/)
- [XRP token](https://www.coinslegend.com/tag/xrp-token/)
- [SpartaCats](https://www.coinslegend.com/tag/spartacats/)
- [Billboard](https://www.coinslegend.com/tag/billboard/)
- [SpaceX](https://www.coinslegend.com/tag/spacex/)
- [Crypto comparison](https://www.coinslegend.com/tag/crypto-comparison/)
- [Housing bubble](https://www.coinslegend.com/tag/housing-bubble/)
- [crisis](https://www.coinslegend.com/tag/crisis/)
- [Digital real](https://www.coinslegend.com/tag/digital-real/)
- [Brazilian central bank digital currency](https://www.coinslegend.com/tag/brazilian-central-bank-digital-currency/)
- [Crypto bears](https://www.coinslegend.com/tag/crypto-bears/)
- [Bored Ape Yacht Club](https://www.coinslegend.com/tag/bored-ape-yacht-club/)
- [NFT phishing scam](https://www.coinslegend.com/tag/nft-phishing-scam/)
- [Bitcoin miners](https://www.coinslegend.com/tag/bitcoin-miners/)
- [Drop](https://www.coinslegend.com/tag/drop/)
- [Bitcoin mining rigs](https://www.coinslegend.com/tag/bitcoin-mining-rigs/)
- [Metaverse content creation project](https://www.coinslegend.com/tag/metaverse-content-creation-project/)
- [Bitso](https://www.coinslegend.com/tag/bitso/)
- [cryptocurrency exchange](https://www.coinslegend.com/tag/cryptocurrency-exchange/)
- [Addem capital](https://www.coinslegend.com/tag/addem-capital/)
- [Material breach](https://www.coinslegend.com/tag/material-breach/)
- [Wild west-based battle royal](https://www.coinslegend.com/tag/wild-west-based-battle-royal/)
- [Blockchain game](https://www.coinslegend.com/tag/blockchain-game/)
- [Epic Games Store](https://www.coinslegend.com/tag/epic-games-store/)
- [LUNA 2.0](https://www.coinslegend.com/tag/luna-2-0/)
- [Shadow wallets](https://www.coinslegend.com/tag/shadow-wallets/)
- [Gold crypto projects](https://www.coinslegend.com/tag/gold-crypto-projects/)
- [Tokenized](https://www.coinslegend.com/tag/tokenized/)
- [PAXG](https://www.coinslegend.com/tag/paxg/)
- [Pax Gold](https://www.coinslegend.com/tag/pax-gold/)
- [Eurovision winners](https://www.coinslegend.com/tag/eurovision-winners/)
- [Crypto markets](https://www.coinslegend.com/tag/crypto-markets/)
- [Theta Network](https://www.coinslegend.com/tag/theta-network/)
- [NFT Google](https://www.coinslegend.com/tag/nft-google/)
- [INterests](https://www.coinslegend.com/tag/interests/)
- [Central bank Digital currencies](https://www.coinslegend.com/tag/central-bank-digital-currencies/)
- [Digital currency exploration](https://www.coinslegend.com/tag/digital-currency-exploration/)
- [Bitcoin trading](https://www.coinslegend.com/tag/bitcoin-trading/)
- [Gate.io](https://www.coinslegend.com/tag/gate-io/)
- [crypto ecological landscape](https://www.coinslegend.com/tag/crypto-ecological-landscape/)
- [Bitcoin law](https://www.coinslegend.com/tag/bitcoin-law/)
- [Nigerian](https://www.coinslegend.com/tag/nigerian/)
- [Crypto association](https://www.coinslegend.com/tag/crypto-association/)
- [VASP](https://www.coinslegend.com/tag/vasp/)
- [Bitfarms](https://www.coinslegend.com/tag/bitfarms/)
- [Bitcoin fall](https://www.coinslegend.com/tag/bitcoin-fall/)
- [Global markets](https://www.coinslegend.com/tag/global-markets/)
- [Crypto acceptance](https://www.coinslegend.com/tag/crypto-acceptance/)
- [Majid AL](https://www.coinslegend.com/tag/majid-al/)
- [Game-Show](https://www.coinslegend.com/tag/game-show/)
- [Bank of Uganda](https://www.coinslegend.com/tag/bank-of-uganda/)
- [BOU](https://www.coinslegend.com/tag/bou/)
- [Macro conditions](https://www.coinslegend.com/tag/macro-conditions/)
- [Growth](https://www.coinslegend.com/tag/growth/)
- [Bitcoin creator](https://www.coinslegend.com/tag/bitcoin-creator/)
- [2TM Group](https://www.coinslegend.com/tag/2tm-group/)
- [Mercado Bitcoin](https://www.coinslegend.com/tag/mercado-bitcoin/)
- [Market cool down](https://www.coinslegend.com/tag/market-cool-down/)
- [Localbitcoins](https://www.coinslegend.com/tag/localbitcoins/)
- [Crypto business](https://www.coinslegend.com/tag/crypto-business/)
- [Cryptocurrency trader](https://www.coinslegend.com/tag/cryptocurrency-trader/)
- [KryptoPips](https://www.coinslegend.com/tag/kryptopips/)
- [Reward coin](https://www.coinslegend.com/tag/reward-coin/)
- [Multi-broker reward](https://www.coinslegend.com/tag/multi-broker-reward/)