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Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing

August 26, 2022

The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine regulators recently discussed cryptocurrency regulation with some executives from the crypto industry in a…
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China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses

August 26, 2022

Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors of Another 2 Chinese Cities to Pay Transit…
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Gaming to Keep Crypto Users Warm During Winter: How Blockchain Technology Begins to Transforms Industries Outside of Finance

August 26, 2022

Aron Beierschmitt is the CEO and Co-Founder of game development and R&D studio Laguna Games.__________ The first quarter of 2022 was profitable and encouraging for the crypto industry. The value of the global cryptocurrency market reached USD 1.7 trillion and was projected to double its size from here by 2027…. Read More: Gaming to Keep…
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Bitcoin and Ethereum Stuck Below Resistance, TFUEL Surges

August 26, 2022

Bitcoin price formed a base above the USD 21,000 zone. BTC started a recovery wave and climbed above the USD 21,500 zone. It is currently (04:00 UTC) consolidating and facing a strong resistance near the USD 22,000 zone. Similarly, most major altcoins are struggling to gain bullish momentum. ETH spiked higher but struggled near the…
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ATOM price is reaching for the Cosmos, but why?

August 26, 2022

Like all altcoins, ATOM price fell as $550 million of BTC, ETH and altcoin positions were liquidated last week, which is exactly why its 35% rebound is raising eyebrows. As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the…
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Lower costs, higher speeds after Ethereum’s Merge? Don’t count on it

August 26, 2022

There’s a lot of hype surrounding Ethereum’s Merge. But in reality, most users aren’t going to notice much change. As we approach the date of Ethereum’s Merge, users have speculated about what it will mean for projects and the wider ecosystem. Some argue the Merge will have little impact on gas fees and believe transaction…
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A16z-backed CoinSwitch exchange raided over alleged forex law breaches

August 26, 2022

The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list. Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws.  According to an Aug. 25 report from Bloomberg, India’s Enforcement Directorate searched CoinSwitch Kuber’s offices…
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Eminem and Snoop Dogg to perform Bored Apes track at MTV music awards

August 26, 2022

BAYC members Eminem and Snoop Dogg will perform ‘From the D 2 the LBC’ on a Otherside metaverse transformed stage. NFT friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday, in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs.…
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Alameda Research and FTX merge VC operations: Report

August 26, 2022

Alameda’s investment arm, FTX Ventures, and crypto exchange FTX will reportedly continue to operate independently from each other. The investment arm of Sam Bankman-Fried’s cryptocurrency exchange, FTX, has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market. According to a Thursday Bloomberg report, Alameda’s Caroline Ellison said in…
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MTV to Broadcast Metaverse-Inspired Award Show Performance Featuring Eminem, Snoop, Bored Apes

August 26, 2022

On Thursday, the popular cable channel MTV revealed that the legendary rappers Eminem and Snoop Dogg plan to perform the duo’s hit single “From the D 2 The LBC” this Sunday. The music video features the non-fungible tokens (NFTs) stemming from the Bored Ape Yacht Club (BAYC) collection, and the upcoming show is considered the…
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