Category: cryptocurrencies

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Chinese crypto ban poses no threat to local industry media, sources say

Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter. China’s most recent crypto ban would not…
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Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios

Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more…
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Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high

Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00. Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year.…
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SafePal, Bifrost and Request Network soar after Bitcoin price hits $59K

BTC’s push toward $60,000, new cross-chain features and a sharp increase in user activity boosted SFP, BFC and REQ price. Bitcoin (BTC) started the new month in strength and Dec. 1’s run up to $59,053 suggests that bulls are beginning to shake off the fears stirred up by the Federal Reserve’s taper talks and the emergence…
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‘Crypto Critic’ — Hollywood insider has a message for celebrities who shill token projects

According to Ben McKenzie, blockchain technology may still play an important role in the future of finance, but “rich and famous people pushing these products” haven’t yet earned the trust of investors. Ben McKenzie, the actor known for his roles on TV shows including Gotham and The OC, is speaking out against public figures endorsing…
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House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

The hearing, “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States,” is the latest from Congress to explore the issues concerning crypto assets. Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in…
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Grubhub users can earn BTC rewards for food delivery as part of Lolli partnership

“Food delivery is a ritual for many and Bitcoin rewards makes Bitcoin a part of that ritual,” said Lolli co-founder and CEO Alex Adelman. Food delivery platform Grubhub has partnered with Bitcoin rewards app Lolli to give hungry people the opportunity to earn crypto back on their orders. In a Wednesday announcement, Lolli said Grubhub…
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Croatia’s largest supermarket chain now accepts crypto

While it now accepts crypto online, Konzum plans to expand the new payment option to its physical chain stores soon. Konzum, the largest supermarket chain in Croatia, is keeping up with the times by debuting payments in cryptocurrencies like Bitcoin (BTC). The company officially announced on Dec. 1 that it now accepts nine cryptocurrencies for payment…
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Blockchain.com acquires SeSocio to cement presence in Latin America

100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people. Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina. One of the biggest investment platforms in Latin America, SeSocio will now merge with Blockchain.com to help them scale…
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Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have a future and it’s necessary to follow their development. Russia’s Putin Still Cautious About Crypto Russian President Vladimir Putin has made another comment regarding cryptocurrencies.…
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