Thailand has banned the use of cryptocurrencies as a means of payment for goods and services in the country, saying that their use could threaten financial stability and the national economy. According to a notice published on the website of Thailand’s Securities and Exchange Commission (SEC) in cooperation with the Bank of Thailand (BOT),…
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Chainlink Labs aims to support startups to “help create a lasting Web3 ecosystem.” Chainlink Labs recently announced a program that provides a blueprint to help new crypto projects in their blockchain business building journey. According to the company, the program called Startup with Chainlink will help early-stage founders and entrepreneurs with free information resources, community…
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Holding $42,000 will help determine whether BTC bulls bag a $175 million profit in March 25’s $3.34 billion options expiry. Over the past two months, Bitcoin (BTC) has respected an ascending triangle formation, bouncing multiple times from its support and resistance lines. While this might sound like a positive, the price is still down 11%…
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PRESS RELEASE. Blockbank is proud to announce that the existing partnership with Orion Money has extended to include a number of new developments. Ana Plotnikova, blockbank CEO and Co-Founder, stated “We are extremely excited about the partnership with Orion.Money. It has been imperative for us to partner with projects that complement our diverse crypto-finance product…
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“Chaos” could turn into farce in Spain – where it turns out that a controversial tax and asset declaration form will not apply to crypto after all. Or at least not this year…. Read More: After a Scare, Spaniards Won’t Have to Declare their Overseas Crypto Holdings this Year Read more »Pay, Trade, Buy…
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The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC. The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting Bitcoin as legal tender like its neighbor El Salvador — and the answer seems to be…
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The beta version of GameStop’s NFT marketplace is now available, while the marketplace’s official launch is expected to deploy soon. GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s Head of Growth, announced on Medium on Wednesday that…
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Loopring was trading by over 42% on Wednesday, overtaking QNT as the world’s 65th largest crypto in the process. This came as ethereum classic was trading 10.30% higher on the day, taking its one week gain to over 80%. Loopring (LRC) On Wednesday, loopring (LRC) rose to its highest level in three months, a move…
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A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and the project’s stablecoin shuddered from $1 per token to zero. Cashio App Exploited…
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The voices calling for Russia to legalize Bitcoin (BTC) and crypto mining are continuing to grow louder, with the Deputy Prime Minister, prominent academics, and a leading economic think tank all suggesting that legislation should be rolled out in the near future. RBC reported that the Russian Deputy Prime Minister Alexander Novak had spoken…
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