Trading platforms face sharp surge of volume in pairs with ruble and hryvnia
Last week cryptocurrency exchange platforms recorded a sharp increase in trading volumes in pairs with the Russian ruble and the Ukrainian hryvnia.
ECB calls for faster adoption of crypto regulation in response to Russia's possible sanctions evasion
The Chairman of the European Central Bank, Christine Lagarde, sees cryptocurrencies as a tool for possible circumvention of sanctions, which Russia will be able to use if the EU does not speed up work on its cryptocurrency legislation.
Report: NFT market reached $10 billion in 2021
By the end of 2021, the market for non-fungible tokens exceeded $10.49 billion. In 12 months, it increased 170-fold.
CryproQuant: correlation between BTC and S&P500 reaches all-time high
The bitcoin price is currently extremely dependent on the stock market. The level of correlation between the cryptocurrency and the US stock index S&P 500 reached its maximum, CryproQuant analysts noted.
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Samson Mow from Blockstream: CBDCs are a horrible idea
Renowned blockchain developer and bitcoin enthusiast Samson Mow lashed out at central bank digital currencies after Canadian authorities took harsh actions against anti-COVID protests.
People's Bank of China: Daily Digital Yuan Transactions Reached $315,000 at the Olympics
Everyday volume of operations with digital yuan reached $315,000 in recent days at the Olympics, revealed the People's Bank of China.
Russian Central Bank launches first stage of digital ruble testing
The first stage of digital ruble testing launched by the Russian Central Bank involves national commercial banks. Participants made the very first transfers in digital currency.
British tax authorities confiscate NFTs for the first time
The UK tax authorities confiscated three non-fungible tokens and $6,700 worth of cryptocurrencies, and also detained three people as part of a money laundering case.
Russian Central Bank: everything must be done to protect Russians from cryptocurrency market risks
Cryptocurrencies carry high risks for the financial well-being of citizens and national economy stability, therefore they cannot be legalized, says the head of the Central Bank of the Russian Federation, Elvira Nabiullina.
SocialFi - the future shape of social networks
Since 2020, the cryptocurrency market is going through its main transformation: the new concepts of Defi, NFT, altcoins, and Metaverses coming to the place of relic utility tokens and suffering security tokens, stuck in vicious regulation circles
EOS Foundation Seeks $4.1B Reimbursement from Block.one
The EOS Foundation plans to file a lawsuit against blockchain developer Block.one, accusing his ex-partner of negligence and fraud, which led to the low growth rate of EOS.
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US Department of Justice confiscates bitcoins stolen from Bitfinex in 2016 worth $3.6 billion
The US Department of Justice seized $3.6 billion in bitcoin stolen from Bitfinex in 2016 and arrested a couple involved in money laundering.
Russian owners of cryptocurrencies to be obliged to open crypto-wallets in domestic banks
The Russian Government approved the concept of the Ministry of Finance for the regulation of cryptocurrencies. To remove digital currencies from the gray zone, it is proposed to oblige users to make transactions through verified crypto wallets opened through Russian banks.
