Lawyer Kyle Roche previously withdrew as counsel on several crypto class-action lawsuits, including the Tether and Bitfinex Crypto Asset Litigation. The fallout from the leaked Kyle Roche videos has continued after two law firms submitted a document to the court asking that his law firm Roche Freedman be removed as interim co-lead from the Tether…
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Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model. The growing number of speculators taking out Ether (ETH) loans to maximize their potential to earn forked Ether Proof-of-Work tokens (ETHPoW) has been causing headaches for…
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Ending a long-term dispute, Russia’s Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country’s central bank, over the legalization of cross-border payments in cryptocurrencies…. Read More: Russia’s Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments Read more »Sign up for e-EUR – the progressive stablecoin
Play-to-earn (P2E) games like Axie Infinity have been in something of a slump recently with players getting tired of long grinds and repetitive earning mechanics. However, that’s not to say P2E gaming is dead, the focus simply needs to shift toward gameplay. Play-to-earn gaming has become incredibly popular over the past few years with some…
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As the relations between the U.S. and Russia remain stringent due to the latter country’s invasion of Ukraine, a lawyer for a Russian citizen accused of laundering more than USD 4bn worth of crypto has called on the Kremlin to facilitate a prisoner exchange involving his client with Washington…. Read More: Lawyer For Alleged Russian…
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Notwithstanding the Ukraine war, 2022 will most likely go down in history as the year of inflation. Following decades of sub-5% inflation in the United States and the European Union, prices have risen by around 9% in both areas, driven predominantly by supply shocks to energy and food (not to mention quantitative easing)…. Read More:…
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Brazilian markets regulator says it wants to play a leading role in regulating crypto – in a move that could derail parliamentarians’ own attempts to regulate the sector. Per the financial arm of the newspaper giant Globo, the Brazilian Securities and Exchange Commission, known locally as the CVM, has ditched its laissez-faire attitude to crypto…
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Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities in Russia Consider Legalizing International Cryptocurrency Payments In the current conditions, “it…
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This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming next year with our friends at [Trezor].” Trezor Says Company Is ‘Working on a…
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India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to Pilot India’s CBDC With Public-Sector Banks The Reserve Bank of India (RBI), the country’s central bank, has reportedly asked four public-sector banks to trial India’s…
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