Category: cryptocurrencies

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Gemini crypto exchange launches credit card in United States

Users can get their cashback reward in over 60 different cryptocurrencies supported by Gemini. Gemini, a major cryptocurrency exchange founded by the Winklevoss twins, has launched its crypto credit card. The company officially announced Thursday that its Gemini Credit Card is available in the United States across all 50 states. The new card is issued…
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Russia should use crypto for payments with Africa, commerce exec says

Russia should deploy cryptocurrencies and CBDCs for settlement and payments with Africa, the president of the Chamber of Commerce and Industry believes. An executive at Russia’s Chamber of Commerce and Industry has called on the government to conduct cross-border settlements in cryptocurrencies and central bank digital currencies (CBDC). Chamber president Sergei Katyrin sent a letter…
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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…
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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…
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Wikimedia community supports proposal to stop foundation from accepting crypto donations

The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies.” Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor. According to a Tuesday update on the proposal, roughly…
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Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch

COTI turns bullish after increased integration with the Cardano ecosystem and the upcoming launch of MultiDAG 2.0 and the Djed stablecoin reflect strengthening fundamentals. Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs.  VORTECS™ charts from Cointelegraph Markets Pro show that COTI, an enterprise-grade financial…
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Brazilian Senate announces incoming approval of the ‘Bitcoin law’

The law will allow the president of Brazil to designate or create a regulatory agency to oversee the crypto market. The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil. The legislation, which has been debated in…
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Multi-chain, stocks and stablecoin-focused DeFi protocols are showing signs of strength

Balancer, DeFiChain and cBridge each saw a surge in their total value locked despite the current downturn in the wider crypto market. The cryptocurrency market has far faced an uphill battle for the larger part of 2022 due to global economic headwinds on multiple fronts, along with supply chain constraints, blistering inflation and the ongoing…
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New crypto card by Nexo allows users to pay without selling Bitcoin

Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019. Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment…
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Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens

Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools. Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according to an announcement shared with Cointelegraph…
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