Govt’s crypto law move puts city’s new age pros in a bind | Nagpur News

Crypto transactions should be recognised as asset class, regulated centrally: RSS body | India News

Nagpur: The booming trade in cryptocurrency has attracted many new age entrepreneurs to the industry, including a few professionals from Nagpur. However, uncertainty over the fate of the virtual money in the country after the government planned to bring in a law has derailed the plans of a few. A city professional Sandeep Agrawal and … Read more

Whales Suddenly Move $320,000,000 in Bitcoin to a Single Destination – Here’s Where the Crypto Is Headed

Whales Suddenly Move $320,000,000 in Bitcoin to a Single Destination – Here’s Where the Crypto Is Headed

Crypto whales just moved over 5,800 Bitcoin (BTC) worth more than $327 million into a single destination, according to a whale-surveilling platform. Whale Alert tells its 1.8 million followers in a series of tweets that in the last 24 hours crypto whales are relocating thousands of BTC amid a correction that saw Bitcoin tumble to … Read more

Stock futures move higher after Friday’s big sell-off, investors monitor omicron Covid variant

Stock futures move higher after Friday's big sell-off, investors monitor omicron Covid variant

A trader on the floor of the New York Stock Exchange (NYSE), on Thursday, Nov. 18, 2021.Michael Nagle | Bloomberg | Getty ImagesStock futures moved higher in overnight trading Sunday following Friday’s big sell-off as investors monitor the latest developments related to the Covid omicron variant.Futures on the Dow Jones Industrial Average gained about 215 … Read more

Next Big Crypto Move Will Revolutionize Future of Work

Next Big Crypto Move Will Revolutionize Future of Work

Social tokens are a way for crypto-based communities to incentivize working together on projects.  More than the tokens themselves, it’s the growing ecosystem around them that is valuable. Social tokens are already being successfully utilized in rapidly growing communities.  Eliot Couvat is a French writer and head of community at Coinvise. This is an opinion … Read more

Watchdog Probes Aussie Bank’s Move into Crypto

Australia, Australian Prudential Regulation Authority, Commonwealth Bank of Australia, crypto

Australia’s banking watchdog is taking a closer look into the decision by the Commonwealth Bank of Australia (CBA), the country’s largest lender, to move into crypto trading, according to Reuters and other media outlets. CBA, an Australian multinational bank with businesses across New Zealand, Asia, the U.S. and the U.K., is the first bank in … Read more

Big finance’s move into crypto is unstoppable

Big finance's move into crypto is unstoppable

Watch: Philip Hammond on why crypto adoption is unstoppable Former UK chancellor of the exchequer Philip Hammond claims institutional adoption of the cryptocurrency characteristics of tokenisation and distributed ledger technology is now “unstoppable”.In an interview with Yahoo Finance UK, the Conservative life-peer said that “trading characteristics that are currently associated with crypto assets will become … Read more

CBA crypto move will ‘shake up the industry’

CBA crypto move will ‘shake up the industry’

Not all exchange operators were enthused with the move. Adrian Przelozny, CEO of Independent Reserve, which recently secured a licence to operate in Singapore, said it was frustrating to see CBA partner with an exchange based abroad – Gemini is a United States company – rather than an operator in the local market.Independent Reserve CEO … Read more

Britain’s Covid numbers show we need to move immediately to ‘plan B’ | Kit Yates

All the Covid indicators in the UK are going in the wrong direction. They have been for a while now. Cases are surging upwards; hospitals are feeling the strain of increasing numbers of Covid patients, and daily death tolls are rising. At the same time, vaccination delivery is slowing down.On Monday we saw almost 50,000 … Read more

Formula E’s Move To Crypto Is The Antithesis Of The Series

Formula E's Move To Crypto Is The Antithesis Of The Series

Image: Andretti AutosportOn Oct. 20, Andretti Autosport announced its next sponsor for the upcoming Formula E season: Avalanche, a cryptocurrency blockchain platform designed to capitalize on the latest fad in digital currency. And it goes against every eco-friendly ethos that Formula E has claimed to be built upon.If you’re not familiar with crypto — or … Read more

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners – Mining Bitcoin News

Russia, Belarus Move to Introduce Special Electricity Tariffs for Crypto Miners

Authorities in Belarus and the Russian Federation are taking steps to separate cryptocurrency miners from other groups of power users and deny them access to subsidized energy. This could lead to the adoption of differentiated electricity rates for businesses involved in digital coin minting activities. Cryptocurrency Miners in Russia and Belarus May Face Higher Energy … Read more