Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer. Back in January, Sberbank asked the Central Bank to grant it the right to issue a stablecoin for…
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Trading volume in tether (USDT) using the Ukrainian hryvnia (UAH) fiat currency on crypto exchange Binance continues to see strong growth, reaching a new war-time high on Wednesday this week. Meanwhile, trading volume in both USDT and bitcoin (BTC) using Russian rubles is down significantly since the aggression on Ukraine started…. Read More: Tether…
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Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) and Ethereum (ETH) wallet MetaMask have confirmed their respective plans for tokens and decentralized autonomous organizations (DAOs) in a bid to reward some early adopters…. Read More: Bored Ape Yacht Club and MetaMask Join the Altcoinization Bandwagon Read more »Pay, Trade, Buy Bitcoin with…
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The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the USD 1bn mark last week…. Read More:…
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Sanctions imposed on Russia as a result of its war in Ukraine could lead more countries to consider digital versions of their own currencies – known as central bank digital currencies (CBDCs) – as a counterweight to the dominant role of the US dollar, a former Bank of Japan (BOJ) executive has said…. Read…
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A case involving the US Internal Revenue Service (IRS) and its alleged attempt to refund a couple’s tezos (XTZ) crypto staking tax bill could come to a head after one of the duo pushed for a “definitive ruling” that could change the way staking is taxed in the United States…. Read More: Tezos Staking Couple Ramps Up Pressure on…
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Bitcoin price declined sharply after a rally to USD 41,500, nearing USD 39,000, but it’s now (11:54 UTC) trading above USD 40,500 once again, having increased 5% in a day. Similarly, major altcoins could accelerate too. ETH broke the USD 2,650 resistance and is now facing hurdles near USD 2,720. XRP is still trading…
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South Korean video game giants want to carve out a slice of the increasingly lucrative play-to-earn (P2E) crypto gaming pie – with heavyweight Neowiz set to drop a new crypto golf gaming title…. Read More: South Korean Gaming Firms Looking to Emulate Axie Infinity P2E Crypto Gaming Success Read more »Pay, Trade, Buy Bitcoin…
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The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest…. Read More: RUNE Extends Rally After Interest-Free Loans, Synths Unveiled Read more »Pay, Trade, Buy Bitcoin with…
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The CEO of Terra (LUNA), Do Kwon, has agreed to a rather large bet with a Twitter user that the price of LUNA will not be lower in one year than it is now. “Who wants to take a USD 1,000,000 bet that LUNA will be lower price in 1 year than now?” That…
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