Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should...
Bitcoin
Monopoly Millionaire Game Raised $1 Million in Seed Funding
PRESS RELEASE. Monopoly Millionaire Game, a marine-themed GameFi that involves island construction, cultivating, shooting and more, announced that it has...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces...
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S....
‘Unprecedented Opportunities’ — Cleanspark Acquires 1,061 Bitcoin Miners at a ‘Discounted Price’
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to...
NYDIG to Provide the New York Yankees With Bitcoin Payroll Services
On July 14, 2022, the bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the firm inked a multi-year...
Geopoly Launches Alpha Version Of Blockchain-Based Game
PRESS RELEASE. Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be playable via...
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for...
Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program
The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post...
Bitcoin, Ethereum Technical Analysis: BTC Briefly Moves Back Above $20,000 During Volatile Day of Trading
Bitcoin briefly broke back into the $20,000 region on Thursday, following a volatile day of trading. Volatility in crypto markets...
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter...
Bank of Russia Says Stablecoins Are Not Suitable for Settlements
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for...
Why Migrants Are Turning to Crypto: The Key to Attaining the UN Goal to Reduce Remittance Costs to Less Than 3% by 2030
The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the...
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the...
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct...
