A Round Up Of All Events

What’s Happening In Global Crypto Market : A Round Up Of All Events

While the controversy of legalising cryptocurrency still continues in many countries, the global crypto market has been a hotspot of events since 2021. With the growing suspect of crypto becoming an important actor in ongoing Russia-Ukraine war, here is a round up all the recent events that happened in the crypto market. 1. Growing Fear … Read more

Top 10 Ways AI is Helping Investors Make Money in Crypto

Top 10 Ways AI is Helping Investors Make Money in Crypto

by Satavisa Pati February 27, 2022 Making money in the crypto market can now become a lot easier than before with the help of AIThe high volatility of cryptocurrencies not only increases the risks of crypto trading but also makes it more profitable than any other form of investment. Prices are subject to frequent fluctuations … Read more

Digital assets: Crypto Week At A Glance: Digital assets dance to the tune of global events

Digital assets: Crypto Week At A Glance: Digital assets dance to the tune of global events

New Delhi: As Russia declared war on Ukraine, most cryptocurrencies went down by a large margin. It is important to note that the markets overall in most financial sectors have gone down, but cryptocurrencies being more volatile than most, went down farther than traditional stocks. Crypto Plunge Bitcoin dropped as much as 8 per cent … Read more

Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions – Regulation Bitcoin News

Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions

Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used by Russia to Evade Sanctions Amid growing … Read more

Russian Banks Cutoff From SWIFT And Ukraine Receives Outpouring Of Crypto Support

Russian Banks Cutoff From SWIFT And Ukraine Receives Outpouring Of Crypto Support

SOLEDAR, UKRAINE – FEBRUARY 27: Soldiers in the Ukrainian Army withdraw 15, 100 mm caliber artillery … [+] guns in Soledar, eastern Ukraine, on February 27, 2015. In accordance with a February 12 ceasefire brokered by the leaders of Ukraine, Russia, Germany and France, Ukrainian forces and Russia-backed separatists agreed to stop fighting and withdraw … Read more

$9.9M in Crypto Sent to Ukraine Includes Almost $2M From NFT Sales

$9.9M in Crypto Sent to Ukraine Includes Almost $2M From NFT Sales

The tally of cryptocurrency donations sent to Ukraine’s government and NGOs since the start of its armed conflict with Russia is nearing $10 million, including $1.86 million from one NFT (non-fungible token) collection, according to blockchain analytics firm Elliptic. That total is rising rapidly as donations pour in for what’s been dubbed the “world’s first … Read more

Are crypto and blockchain safe for kids, or should greater measures be put in place?

Are crypto and blockchain safe for kids, or should greater measures be put in place?

Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials — those between the ages of 26 and 41 — are turning to digital asset investment to build … Read more

A $9B Crypto Mystery Solved? This Week’s Top Cryptocurrency News

A $9B Crypto Mystery Solved? This Week's Top Cryptocurrency News

Here’s what happened this week in the crypto world. Getty Welcome to Nonfungible Tidbits, a weekly roundup of the biggest news in crypto, NFTs and their related realms.Our lead story this week is a new book that claims to solve one of the biggest mysteries in the crypto industry: Who hacked The DAO in 2016? We’ll … Read more

Most Profitable Crypto Miners Hit Cryptocurrency Market

Most Profitable Crypto Miners Hit Cryptocurrency Market

New York, NY, Feb. 26, 2022 (GLOBE NEWSWIRE) — BITMANU is quickly emerging as the next big name in the crypto market since the recent launch of the most profitable crypto miners ever. The huge impact created by BITMANU’s BM1, BM2, and BM Pro miners can be attributed to their astounding hash powers and profitability. As … Read more

What Would Karl Marx Think About Crypto?

What Would Karl Marx Think About Crypto?

Last year, in an article titled “The Left Should Talk About Cryptocurrency,” the left-wing culture writer Hussein Kesvani argued that Web3 and Ethereum-adjacent cryptocurrencies would “inevitably” change the world—for good or ill. As such, he said, it was up to leftists to reclaim the technology from libertarians and anarcho-capitalists appropriating socialist terms and ideals. Such … Read more

Military.Finance Named the Hottest Crypto to Watch in 2022

Military.Finance Named the Hottest Crypto to Watch in 2022

MANDEVILLE, La., Feb. 26, 2022 (GLOBE NEWSWIRE) — It was recently announced that the $MIL token, created by Military.Finance – a team dedicated to supporting our military heroes, has been selected as “The Hottest Crypto To Watch In 2022” by Crypto Weekly Magazine. After taking their first token from $10K to $70 million market cap … Read more

Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers

Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers

As public understanding of how digital assets work becomes more nuanced along with the mainstreaming of crypto, the language of Bitcoin’s (BTC) “anonymity” gradually becomes a thing of the past. High-profile law enforcement operations such as the one that recently led to the U.S. government seizing some $3.6 billion worth of crypto are particularly instrumental … Read more

Author’s argument bigger than identity, crypto a scam

Author’s argument bigger than identity, crypto a scam

Dear NL team,I am just writing this as a response to S last week, who suggested adding the caste and religion of authors to the bylines of NL articles.I personally think that just adding caste and religion is not enough and we should add their annual income, their parents’ income, their home and current state, … Read more

Amendments to Relevant Laws to Be Finalized in 2022 – Regulation Bitcoin News

Amendments to Relevant Laws to Be Finalized in 2022 – Regulation Bitcoin News

The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in 2022. Aligning Local Laws With FATF Standards The South African Treasury has said it expects the proposals to include crypto asset service providers … Read more

Federal Grand Jury Indicts BitConnect Founder Over Alleged $2.4B Crypto Scheme

Federal Grand Jury Indicts BitConnect Founder Over Alleged $2.4B Crypto Scheme

In brief The U.S. Department of Justice announced today the indictment of BitConnect founder Satish Kumbhani. The indictment alleges Kumbhani and his co-conspirators obtained approximately $2.4 billion from investors in a Ponzi scheme. The U.S. Department of Justice today revealed its indictment against Satish Kumbhani, the founder of defunct cryptocurrency platform BitConnect. According to the … Read more

Front-running, flash bots and keeping things fair in the crypto market

Front-running, flash bots and keeping things fair in the crypto market

Decentralized finance (DeFi) has the opportunity to democratize access to financial markets that have typically only been open to the rich and powerful. But, DeFi will only survive and continue to grow if we take steps to ensure things are safe, private and fair for both retail and institutional investors. When faced with predatory market … Read more

Crypto network promises hack-proof history of Russia’s Ukraine invasion

A person walks around the wreckage of an unidentified aircraft that crashed into a house in a residential area, after Russia launched a massive military operation against Ukraine, in Kyiv (Photo: Reuters)

Crypto technology could play a unique role in how Russia’s intensifying invasion of Ukraine gets recorded into history. Videos of Russian troops occupying Chernobyl and explosions rocking Kyiv make up some of the millions of digital records documenting the conflict being held on Arweave, a decentralized data storage network. It’s the decentralization that’s key to … Read more

How Investors Can Participate In Crypto Airdrops

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Airdrops in cryptocurrencies work just like discount coupons you may have often received in your inbox from some e-commerce platforms. The discount coupons aim to entice you into visiting the online store of the platform. Developers of new blockchain-based projects adopt a similar approach, luring users to their platform by sending them free tokens.Airdrops are … Read more

How Deep Is The Indian Crypto Advertisement Market?

How Deep Is The Indian Crypto Advertisement Market?

Advertisements by cryptocurrency exchanges are everywhere—you will catch them while watching your favourite match or playing a game on your mobile phone, when browsing through social media posts and more. Some of these could be misleading for retail investors, considering that there is low awareness about these instruments, and few understand the associated risks. While … Read more

Serious Bitcoin Warning Issued Even As Ethereum, BNB, Solana, Cardano And XRP Rebound From Crash

Serious Bitcoin Warning Issued Even As Ethereum, BNB, Solana, Cardano And XRP Rebound From Crash

Bitcoin and cryptocurrency prices have bounced back after crashing as the Russian invasion of Ukraine sent shockwaves through global markets. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the latest crypto price crash The bitcoin price fell under $35,000 per bitcoin this week before rebounding to almost $40,000. Other top ten cryptocurrencies … Read more

Landmark crypto case could pave a path to credibility

Pile of cryptocurrency coins

Advocates seek sole role for OBSI Consumer groups call on Freeland to designate OBSI as binding bank ombud Stress-testing climate risk in financial market plumbing ESMA considers how climate risks could arise for clearing firms FSB prepares to fight post-pandemic debt hangover Paper examines the long-term fallout from massive government support Mining execs fined, banned … Read more

Katherine Wu leaves Coinbase Ventures to join crypto investment firm Archetype – TechCrunch

Katherine Wu leaves Coinbase Ventures to join crypto investment firm Archetype – TechCrunch

Coinbase Ventures investor Katherine Wu is leaving the company for early-stage crypto venture capital firm Archetype, less than a year after joining Coinbase as a senior deal lead in September. “[T]oday is my last day at coinbase sometimes you take that leap of faith and it just doesn’t land quite right- that’s ok!” Wu wrote … Read more

Crypto New Podcast: Blockchain Games

Books to Learn More About Money and Crypto

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part … Read more

Taxes Versus Privacy in Crypto: Old Rules, Modern Technology

Taxes Versus Privacy in Crypto: Old Rules, Modern Technology

Crypto technology has outpaced laws as regulators scramble to find ways to integrate crypto into reporting requirements. David Kemmerer, CoinLedger co-founder and CEO, joins to provide perspective on the challenges associated with crypto taxation, while author Dan Jeffries tackles the clash between reporting requirements and the privacy principles inherent to the crypto industry. A difference … Read more

BlockFi Settlement: A New Era in Crypto Regulation? | SmithAmundsen LLC

BlockFi Settlement: A New Era in Crypto Regulation? | SmithAmundsen LLC

On February 14, 2022, BlockFi Lending LLC (BlockFi) settled charges with the SEC and state securities regulators for a total of $100 million in penalties. BlockFi was charged with a failure to register the offer and sales of its retail crypto lending product and violating the registration provisions of the Investment Company Act of 1940. … Read more

Jack Dorsey’s Block Jumps 42% on Positive Crypto Quarterly Earnings

Jack Dorsey's Block Jumps 42% on Positive Crypto Quarterly Earnings

Jack Dorsey’s Block posted strong quarterly earnings on Thursday, in which investors responded favorably, sending its share price on the ASX to highs not seen in 22-days Over 43% of Block’s fourth quarter earnings came from its crypto peer-to-peer payment service Cash App of $518 million Shares of merchant payments company Block Inc (SQ), formerly Square, … Read more

SEC Commissioner and ‘Crypto Mom’ Hester Peirce Is Amazed a Bitcoin ETF Hasn’t Been Approved Yet

SEC Commissioner and ‘Crypto Mom’ Hester Peirce Is Amazed a Bitcoin ETF Hasn’t Been Approved Yet

Crypto has turned contentious in Washington. While the White House pushes for new rules, a partisan divide is growing in Congress over how to supervise, tax, and regulate the industry. At the nexus of the debate sits the Securities and Exchange Commission. Led by Chairman Gary Gensler, a Democrat appointed by President Joe Biden, the … Read more

WazirX launches build-your-own exchange program for crypto entrepreneurs

With BUIDL, a crypto version of the term ‘build’, WazirX aims to help aspiring crypto entrepreneurs navigate the landscape. (MINT_PRINT)

India’s largest crypto exchange WazirX has unveiled ‘BUIDL With WazirX’, allowing crypto entrepreneurs to build their own exchange. With BUIDL, a crypto version of the term ‘build’, WazirX aims to help aspiring crypto entrepreneurs navigate the landscape. The platform will provide various tools and capabilities to entrepreneurs by releasing application programming interfaces (APIs), thereby giving … Read more

Sc Asks Centre To Clarify

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The Supreme Court of India has asked the Centre to clarify if cryptocurrencies are illegal or not in the country. A Bench of Justices DY Chandrachud and Surya Kant asked the Narendra Modi-led government to make its position clear on legality of cryptos while hearing a case related to the Rs 20,000-crore GainBitcoin scam.In 2018, … Read more

Crypto miner power draw raises environmental concerns

Crypto miner power draw raises environmental concerns

A new crypto mining facility in Fayetteville will be among the city’s top 10 power consumers when it starts operations in August. California-based Plan C Crypto will operate an old 20,000-square-foot industrial facility located near the Fayetteville Regional Airport. It will operate at 5,000 kilowatts, according to the company and the Fayetteville Public Works Commission. … Read more

China Court Rules Crypto Transactions ‘Illegal’

China Court Rules Crypto Transactions 'Illegal'

China’s Supreme Court this week set penalties for violating recent prohibitions against engaging in cryptocurrency transactions. Engaging in “illegal fundraising” — the Chinese government’s term for a category of offenses that includes using cryptocurrency — encompasses transactions using “the internet, the media, promotion conferences, leaflets, mobile phones information and other means to publicize it to … Read more

Crypto crashes, sparks panic; Dream Capital chases cricket NFTs

Crypto crashes, sparks panic; Dream Capital chases cricket NFTs

The price of bitcoin fell more than 8% to below $35,000 on Thursday after Russia launched a military operation in Ukraine. The digital asset has now lost almost half its value from an all-time high of $68,990 in November, owing to geopolitical tensions and the prospect of US interest rate hikes. Bitcoin’s fall dragged down … Read more

Ukranian bank suspends e-cash transfers, bolstering crypto use case

Ukranian bank suspends e-cash transfers, bolstering crypto use case

A Ukrainian serviceman holds a rocket-propelled grenade (RPG) launcher at fighting positions outside the city of Kharkiv, Ukraine February 24, 2022.Maksim Levin | ReutersUkraine’s central bank is cracking down on digital money transfers in one of the latest measures implemented in connection with a nationwide declaration of martial law.The National Bank of Ukraine ordered electronic … Read more

Founders of crypto exchange BitMEX plead guilty to bank secrecy act violations

Founders of crypto exchange BitMEX plead guilty to bank secrecy act violations

A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Feb 24 (Reuters) – The founders of cryptocurrency exchange BitMEX pleaded guilty to violating the bank secrecy act by failing to establish an anti-money laundering program, the U.S. Attorney’s Office in Manhattan said on … Read more

Crypto ‘will be a multi-chain world’: Ava Labs president

Crypto 'will be a multi-chain world': Ava Labs president

Cryptocurrencies have come a long way from the early days of bitcoin (BTC-USD) adoption. And as more cryptocurrencies have developed, the future of the space will be one that continues to grow as a multi-player arena, according to Ava Labs President John Wu.”I think this is the third generation of crypto already. The first generation … Read more

Why India must seriously consider regulating the crypto market

Why India must seriously consider regulating the crypto market

The much-awaited Cryptocurrency and Regulation of Official Digital Currency Bill did not find a mention in the Budget. The Finance Bill only clarifies the tax treatment of “virtual digital assets”. For now, the government seems to have sidestepped the issue of the regulatory status of crypto assets. For a sector, that is witnessing an exponential … Read more

Academic, Economic Experts Debate Crypto Regulation

Academic, Economic Experts Debate Crypto Regulation

Cryptocurrencies raise potential benefits and risks. They represent a break from the traditional model of so-called “fiat currency,” which gives government bodies inherent regulatory power. Their use offers potential for criminals to escape the oversight of the government, but they also present potential benefits for individuals who wish to gain greater autonomy over their finances. … Read more

Vinter, the crypto index provider, announces new

Vinter, the crypto index provider, announces new

Stockholm, 24 February 2022, 9AM CET: Vinter, the crypto index provider, announces that it has partnered with D2X to build regulated financial products for their crypto derivatives platform . Vinter’s single asset indexes will serve as the reference rates for D2X’s crypto derivatives. Investors will soon be able to trade regulated derivatives on D2X settled against … Read more

crypto market cap: Crypto m-cap halves in less than 5 months to $1.5 trillion

crypto market cap: Crypto m-cap halves in less than 5 months to $1.5 trillion

New Delhi: It took less than five months for the cryptocurrencies’ market capitalisation to halve to the $1.5 trillion mark. The crypto market cap stood at $1.58 trillion on Thursday after Russia ordered military action in Ukraine as against the $3 trillion mark scaled in November 2021. In terms of value, the fall in the … Read more

Meta Announces AI-Powered Metaverse Project; Crypto Market Down

Meta Announces AI-Powered Metaverse Project; Crypto Market Down

Mark Zuckerberg, founder of Meta Inc (formerly Facebook), has unveiled a new artificial intelligence-powered metaverse project. Meanwhile, Indian software giant TCS (Tata Consultancy Service) has started identifying opportunities in the metaverse world and is actively pursuing deals with companies operating in this space. The global crypto market cap crashed by 4.92 per cent at $1.62 … Read more

Chinese Province Hikes Crypto Miner Electric Rates

China, crypto mining, fines, Zhejiang

The Chinese province of Zhejiang’s branch of the National Development and Reform Commission (NDRC) has said it will introduce punitive electricity prices for crypto miners, CoinDesk reported Wednesday (Feb. 23). This comes after the Hainan province and Inner Mongolia have also done so. Authorities are also working to ban the crypto mining industry entirely, after … Read more

Japanese crypto exchanges to strengthen overseas payment rules

Japanese crypto exchanges to strengthen overseas payment rules

Japanese crypto exchanges are set to tighten overseas remittance rules as part of efforts to prevent Bitcoin and other digital currencies from falling into the hands of criminal organizations. The Japan Virtual and Crypto assets Exchange Association has come up with new measures against money laundering and terrorism financing. The rules will require exchange operators … Read more

Mortgage With Crypto? Miami Financial Tech Company Allows Bitcoin as Collateral – NBC 6 South Florida

Mortgage With Crypto? Miami Financial Tech Company Allows Bitcoin as Collateral – NBC 6 South Florida

You can now get a mortgage with crypto. It’s a new way of buying a home, but only if you’ve got the crypto for it. Milo, a financial technology company, will now allow people who own bitcoin to use it as collateral to take out a home mortgage. “We understand that crypto does have value, … Read more