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Russia Starts Developing Mechanism for International Crypto Payments

September 25, 2022 0

Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments.

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Kenyan Central Bank Says It’s ‘Craziness’ to Convert Country’s Reserves to Bitcoin

September 25, 2022 0

The Kenyan central bank governor Patrick Njoroge has described as “craziness” the calls to convert Kenya’s reserves into bitcoin. He added that he would have to be out of his mind before agreeing to this. Njoroge argued that cryptocurrencies like bitcoin are not only volatile, but are hardly solving any problem. CBK Governor Says Converting […]

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Southeast Asia’s Largest Bank DBS Launches Self-Directed Crypto Trading Amid Institutional Demand

September 25, 2022 0

The largest bank in Southeast Asia, DBS, has launched self-directed cryptocurrency trading via its app. More customers are now qualified to access the bank’s digital asset exchange and trade cryptocurrencies, including bitcoin and ether. DBS Launches Self-Directed Crypto Trading DBS, the largest bank in Southeast Asia, announced Friday that it “has rolled out self-directed

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JPMorgan: Demand for Crypto as Payment Method Has Drastically Declined

September 25, 2022 0

Global investment bank JPMorgan is seeing little demand for crypto as a payment method. However, the bank noted that cryptocurrencies are becoming “larger and larger” in the gaming sector, including in the metaverse. JPMorgan Sees Little Demand for Crypto as a Payment Tool The global head of payments for JPMorgan’s Corporate & Investment Bank division, […]

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Robert Kiyosaki Says End of Fake Money Is Here — Shares 3 Lessons to Help Investors Amid Market Crashes

September 25, 2022 0

After predicting the biggest crash in world history, Robert Kiyosaki, the famous author of the best-selling book Rich Dad Poor Dad, says the “end is here” for fake money. He reiterated three lessons that will help investors “do well in market crashes.” Robert Kiyosaki on the End of Fake Money The author of Rich Dad […]

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Moscow Exchange Suggests Issuing Crypto Receipts for Those Afraid of Blockchain

September 24, 2022 0

The Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready for distributed ledgers to essentially work with securities. MOEX also plans to become a licensed crypto exchange operator. Largest Russian Stock Exchange Gears Up to […]

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Report: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency

September 24, 2022 0

According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that represents a ratio of what customers are […]

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While Known Mining Pools Currently Dominate, Unknown Miners Discovered the Most Bitcoin Blocks During the Last 13 Years

September 24, 2022 0

The Bitcoin network has been operational for 5,012 days and so far, more than 755,000 blocks have been mined into existence. During the last year, Foundry USA and Antpool were the top two miners as the combined pools collectively mined 18,229 blocks out of the 53,510 blocks mined this year. Foundry is the leader this […]

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Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

September 24, 2022 0

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95 billion. The TVL has not been this low in over five months since March 29, and the most dominant defi protocol today is Makerdao, leading […]

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Biggest Movers: DOGE Hits 1-Month High to Start the Weekend

September 24, 2022 0

Dogecoin rallied to a one-month high to start the weekend, as markets marginally rebounded on Saturday. The token rose by as much as 10% in today’s session, racing past a key resistance in the process. Solana was another notable gainer, as it hit an 11-day high. Dogecoin (DOGE) Dogecoin was one of Saturday’s most notable […]