Category: cryptocurrencies

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Litecoin transactions near an all-time high after gaining ground in consumer finance

It’s become easier to use Litecoin for everyday payments thanks to several recent partnerships. The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered…
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Putin’s internet ombudsman pessimistic about crypto regulation

“No one is looking to allow Russian people to earn money with crypto operations,” the official claimed. Despite Russian officials’ increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive. Dmitry Marinichev, Russia’s ombudsman for the protection of entrepreneurs’ rights under Russian President Vladimir Putin, discussed…
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Bitcoin ATMs Double This Year, Exceed 30,000 Globally

Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to 80 countries now host teller machines exchanging cryptocurrencies with fiat money. Over 30,000 Bitcoin ATMs Operate Around the World In a year when cryptocurrency markets…
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Biden’s pick for CFTC chair wants the agency to be a ‘beat cop’ with the authority to oversee 60% of digital asset market

Rostin Behnam said it was “critically important to have a primary cop on on the beat” of an emerging market that included cryptocurrencies and stablecoins. Acting chairperson of the Commodity Futures Trading Commission, or CFTC, Rostin Behnam has likened the government agency’s enforcement of the digital asset space to a beat cop on duty. At…
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Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call

Dorsey suggested that the new initiative is incentivizing content creation and cryptocurrency adoption alike. Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC…
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Localbitcoins P2P Exchange Launches Mobile App for Android

Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins Offers Users Android App Popular P2P crypto exchange Localbitcoins has…
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Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware 

Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the darknet, has been dismantled as a result of a joint operation carried out with the United States. Cybercriminals From Ukraine Launder Millions, Offer Flash Drives…
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Slovenian finance ministry seeks public opinion on crypto tax laws

Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies. Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports.  The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the…
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Everipedia VORTECS™ Score hits record high ahead of upcoming NFT drop to IQ stakers

The VORTECS™ Score for IQ surged to a record high shortly before Everipedia announced that token stakers would receive special NFTs. In the world of technical analysis, any tool that gives the trader insight into the next possible market move is valued highly because an early signal of impending price action can turn an average…
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Helium partners with Dish Network to expand its crypto-based distributed 5G platform

Helium announces a new partnership with Dish Network, which will further extend its 5G network in exchange for HNT rewards. The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that can be applied in every home across the globe.   Thanks to its user-run…
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