New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets. Bitcoin’s…
Month: October 2022
Shoppers in India can now order sneakers in the Metaverse for a week
Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world…
Israel kicks off live tests for its tokenized digital bonds
Israel’s Ministry of Finance and the Tel Aviv Stock Exchange expect to finish the pilot…
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as…
Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called…
IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens…
Turkey taps blockchain for e-Human project, President Erdoğan announced
Turkish President Recep Tayyip Erdoğan shared new details about the country’s e-Human project powered by…
Report: India ranks third in the world in terms of Web 3.0 workforce size
There are currently 450 Web 3.0 startup in the country, including four unicorns. According to…
Prosecutors argue ‘insider trading’ claim in the OpenSea case is accurate
Federal prosecutors have argued against a claim made by the former OpenSea product manager that…
3 reasons why Quant Network’s QNT token may have topped after 450% gains since June
QNT whales have started securing profits after the token’s 450%-plus price rally since June 2022.
Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91%…
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
Nuri will maintain crypto trading services until the end of November, and has encouraged users…
Nifty News: Top 10 CryptoPunks wallet lays dormant, house sells on OpenSea, and more
A dormant nonfungible token (NFT) wallet from 2017 with 141 CryptoPunks has been found to…
‘Cryptoqueen’ associates face German court for role in $4B OneCoin scheme
The whereabouts of “Cryptoqueen” Ruja Ignatova are still unknown but the charges against OneCoin members…
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new…