Category: cryptocurrencies

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The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies

GRT gets a double-digit boost in price after its catalog of subgraphs expands and Web3 becomes a trending discussion topic among crypto and tech sector experts. The ongoing digital revolution and rise of the internet have upended the old global value structure over the past 30 years, and big data has become the new “gold”…
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NEO price climbs after China’s BSN gives the project the green light on NFT marketplaces

The launch of N3, new NFT marketplaces and integration with China’s blockchain-based Service Network is providing a boost to NEO price. As the field of viable layer-one blockchain protocols continues to expand with newer entrants trying to solve the issue of high transaction costs and slow processing times, older projects find themselves utilizing their history…
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Colorado governor says he expects state to accept tax payments in crypto by summer

The governor added that paying taxes in crypto was the first step, with using digital asset payments for certain licenses to follow. Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. In a Tuesday CNBC interview, Polis said…
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Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads

The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that. The Super Bowl advertisements by crypto companies, including Coinbase, FTX and several others, ruled social media and news headlines for their out-of-the-box approach. However, United States Senate Banking Committee Chief Sherrod Brown was not impressed and blasted the ad-makers…
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President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus

President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims to Prevent Use of Crypto Wallets in Criminal Activities Belarusian President Alexander Lukashenko has…
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Report Attributes Large Share of Global Crypto Crime to Russia, Moscow City

The growing popularity of cryptocurrencies has placed Russia among the leaders in adoption. But while it is yet to reach the top of the ranking, the country already has a “disproportionate share” of global activity related to some forms of crime involving cryptocurrency, according to a new study by Chainalysis. Three Quarters of Ransomware Revenue…
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Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level. Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the…
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Here’s why the SEC keeps rejecting spot Bitcoin ETF applications

Crypto investors still hope that the SEC will approve a spot-based BTC ETF one day, but data shows it has good reason not to. It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange-traded product (ETP), but efforts continue to be made by different financial…
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Russian Ministry wants to legalize Bitcoin mining in specific areas

The proposal aims to recognize crypto mining as a commercial activity and introduce taxes on its realized profits. Amid the Russian government continuing working out a regulatory regime for digital assets, a federal ministry has made another proposal regarding the crypto mining industry. Russia’s Ministry of Economic Development has greenlighted the concept of crypto mining…
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Gnosis (GNO) continues uptrend after vCOW airdrop and rebrand to CoW Protocol

Momentum for GNO builds as Gnosis rebrands to the Coincidence of Wants (CoW) Protocol and launches an airdrop for GNO stakers and validators. Airdrops, going ‘multi-chain’ and massive multi-million dollar developer incentives were some of the key marketing and rebrand tactics blockchain projects used in 2021. This trend appears set to continue in 2022 and…
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