The world’s sixth-largest exchange has shot itself in the foot by announcing substantial reductions in rewards for its Visa cardholders, causing CRO price to tank. Crypto exchange Crypto.com announced severe reductions to CRO staking rewards for most tiers of its VISA prepaid card which has forced the token price to fall around 30% in less…
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The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors. Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of…
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Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans. Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup…
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PRESS RELEASE. Singapore, May 3, 2022 – NFTs have disrupted the gaming industry with their unique benefits. It has been gaining popularity as many have welcomed the advent of play-to-earn (P2E) for considerable rewards, with also disquiet over the unwelcome intrusion of commerce into the escapist world of gaming. Web3 games are supposed to consist…
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The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its invasion of Ukraine. Bills Preventing Wealthy Russians From Using Crypto to Avoid Sanctions The Blockchain Association has been lobbying U.S.…
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Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when applied to the gaming industry. The executive declared that he was a big believer in blockchain technology, and that players investing their time in games should be able to monetize whatever items they had…
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According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population…
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Crypto adoption is rising high on the political agenda in Latin America, where legislation is edging closer to promulgation – although Argentinean Bitcoin (BTC) and crypto miners have received a warning that if the chips are down, they could be ordered to power down their rigs…. Read More: Crypto Bills in Panama, Brazil Progressing…
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“I have to live with the reality that an asset’s worth what people perceive it to be worth,” Ken Griffin stated. Billionaire Citadel Securities founder Ken Griffin has compared cryptocurrency to abstract art, opining that the value of both is derived from the eye of the beholder. Griffin — who Forbes estimates to be worth…
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The Ocean State’s legislature is looking to tackle the housing shortage and ensure new projects are going green by incentivizing builders with crypto rewards. A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for reducing the project’s carbon footprint. The Green Housing Public-Private…
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