Crypto will not save Russia from sanctions, experts say | Crypto News

Crypto will not save Russia from sanctions, experts say | Crypto News

Cryptocurrency alone will not allow Russia to skirt a barrage of sanctions aimed at punishing Moscow for invading Ukraine, cryptocurrency analysts told Al Jazeera. The United States, United Kingdom, European Union and Canada announced new sanctions on Monday, this time targeting Russia’s central bank and national wealth fund. The US Treasury Department said that it was … 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

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

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

Crypto racket which siphoned off Rs40cr investments busted | Nagpur News

Crypto racket which siphoned off Rs40cr investments busted | Nagpur News

Nagpur: The city police have busted the first organized cryptocurrency racket based in Nagpur in which investments to the tune of more than Rs40 crore were siphoned off through a company ‘Ether Trade Asia’. A dramatic raid was conducted at Lonavala in an early dawn operation in collaboration with Pune rural police.At a press briefing … Read more

10 best crypto casino sites & top bitcoin casinos for 2022 — Features — The Guardian Nigeria News – Nigeria and World News

10 best crypto casino sites & top bitcoin casinos for 2022 — Features — The Guardian Nigeria News – Nigeria and World News

Discover the best crypto casino sites and BTC casinos ranked by experts for game variety, crypto bonuses, security & fairness, altcoin variety and more. Looking for a superior experience at the best crypto casino sites? We’ve played our way through dozens of them to curate a list based on strict, player-first ranking criteria by industry … Read more

News UK explores cashing in on crypto boom with NFTs | News UK

Rupert Murdoch’s publishing arm is considering making a move into the frothy market of non-fungible tokens, or NFTs, by turning the Times and the Sun’s extensive archive of photos, cartoons and classic front pages into unique digital versions.News UK is in the early stages of evaluating whether the crown jewels among its tens of thousands … Read more

BBC inquiry into pulled documentary on crypto investor Hanad Hassan | News

The BBC has launched an internal investigation after editorial issues were discovered on an abandoned documentary about a “cryptomillionaire”.The corporation made an 11th-hour decision last Wednesday to pull a programme spotlighting Hanad Hassan, who said he had turned a $50 cryptocurrency investment into an $8 million fortune in just nine months.Prior to the scheduled broadcast … Read more

HMRC officials seize NFT crypto assets as three arrested on suspicion fraud | Science & Tech News

The government furlough scheme is still supporting millions of employees

Customs officials have seized three non-fungible tokens (NFTS) in what is believed to be the first law enforcement action in the UK involving the digital asset.HM Revenue and Customs (HMRC) announced that three people had been arrested on suspicion of a £1.4m VAT repayment fraud involving 250 fake companies. The agency’s Nick Sharp said the … Read more

SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News

US SEC Working With CFTC on Crypto Regulation to Ensure Investor Protection, Says Chairman Gensler

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair Gary Gensler on Crypto … Read more

Will crypto be the Super Bowl’s biggest winner? This week’s top cryptocurrency news

Will crypto be the Super Bowl's biggest winner? 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 cryptocurrency, NFTs and their related realms.Our lead story is Sunday’s Super Bowl and all the crypto ads viewers will see. And, while we’re on the topic of crypto and pro sports, the Washington Nationals baseball team also … Read more

Money for Nothing: Cities’ Crypto Push Draws Fans, Critics | Florida News

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NEW YORK (AP) — A small group of cryptocurrency enthusiasts has an offer that they’re hoping U.S. cities can’t refuse.The group City Coins is asking Miami and New York to accept the equivalent of millions of dollars in a new cryptocurrency, and at least some of the money is real: Last week, Miami Mayor Francis … Read more

Indian American Himanshu B Patel to advise powerful Congressman on crypto | World News

Indian American Himanshu B Patel to advise powerful Congressman on crypto | World News

Patel is the founder and the managing director of Triton Electric Vehicles, which is working towards building global capabilities of producing EV trucks and cars from India. Powerful Congressman Pete Sessions has appointed Indian American Himanshu B Patel as his chief economic development and energy infrastructure advisor for his Crypto Technical Working Group.In a statement, … Read more

Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto – Featured Bitcoin News

Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto

Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater Associates founder Ray Dalio discussed cryptocurrency regulation and the future … Read more

Gala Jumps 37% Higher, as Crypto Bulls Return – Bitcoin News

Gala Jumps 37% Higher, as Crypto Bulls Return – Bitcoin News

During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on Saturday, as the global crypto market capitalization was around 8% higher. Biggest gainers Following a huge week of news in the gaming and crypto space, it was only a matter … Read more

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets – Regulation Bitcoin News

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds … Read more

Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure – Featured Bitcoin News

US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure

U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawmaker Says Crypto Is Here to Stay U.S. Senator Pat Toomey talked about cryptocurrency on CNBC Wednesday. The senator was asked … Read more

crypto: Legal Experts Split Over Crypto Regulation | Mumbai News

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

Mumbai: Legal experts are divided over regulating crypto assets. While one section is advising the government not to take a hasty decision without understanding the use cases, the other is against continuing the status quo despite the difficulty in defining crypto.ICICI Bank’s group general counsel Pramod Rao has said, “The government’s pause (on introducing the … Read more

Vitalik Buterin to Use $100 Million From Crypto Relief’s SHIB Funds to Accelerate Covid Relief Efforts – Featured Bitcoin News

Vitalik Buterin to Use $100 Million From Crypto Relief's SHIB Funds to Accelerate Covid Relief Efforts in India

Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds Buterin donated to Cryptorelief last year. Vitalik Buterin to Personally Deploy $100M From … Read more

Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’ – Mining Bitcoin News

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners 'Was Pointless'

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash details that the hashrate limiter scheme introduced by Nvidia “did not … Read more

Union Bank of Philippines to Offer Crypto Trading and Custodial Services – Featured Bitcoin News

Union Bank of Philippines to Offer Crypto Trading and Custodial Services

One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial Services Union Bank of the Philippines (UBP), also known as Unionbank, plans to offer cryptocurrency trading and custodial … Read more

Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population – Regulation Bitcoin News

Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country's Muslim Population – Regulation Bitcoin News

Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons why Muslims must avoid investing or using cryptocurrencies. Cryptocurrencies Thought to Be … Read more

Bitcoin’s slump could be the start of a ‘crypto winter’ that sees prices crash, UBS says. Here are three reasons why. | Currency News | Financial and Business News

Bitcoin el salvador

UBS said there are a number of challenges that could trigger a crypto winter.Marvin Recinos/Getty Images A growing number of factors suggest a “crypto winter” could be on its way, analysts at UBS have warned. The case for bitcoin as a currency and inflation hedge is dwindling, and its tech has several flaws, they said. … Read more

Bitcoin price news live: Crypto set for ‘interesting week’ as major test approaches

Bitcoin price news live: Crypto set for ‘interesting week’ as major test approaches

Bitcoin remains stubbornly immobile at the start of the week, though some crypto analysts believe it is approaching a moment of reckoning. The cryptocurrency shifted in price by less than 1 per cent over the weekend, remaining above the key $40,000 level but failing to see any significant momentum towards recovering the losses it suffered … Read more

Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites – Altcoins Bitcoin News

Vitalik Buterin Asks Crypto Twitter Which Currency They Prefer to Replace Ethereum — Cardano and Tron Winners

Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter asking his followers if 80% of all transactions and savings in the year 2035 are in one currency and it is not ether, which currency they would prefer it to be. He asked them to choose from a number of cryptocurrencies including bitcoin, … Read more

Crypto Could Soon Pose Risks to Countries’ Financial Stability – Regulation Bitcoin News

IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the Financial System’ The International … Read more

Investors riding the NFT craze are facing billions in taxes | Crypto News

Investors riding the NFT craze are facing billions in taxes | Crypto News

The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.It’s one of the hottest corners of crypto – and now the U.S. government wants its share of the profits. Investors and creators of nonfungible tokens – a market that has ballooned to $44 billion, Chainalysis data … Read more

Bitcoin climbs above key level after US inflation jump | Crypto News

Bitcoin climbs above key level after US inflation jump | Crypto News

The largest digital asset by market value rose as much as 3.3 percent to $44,085 Wednesday.By Vildana Hajric and Emily GraffeoBloombergPublished On 12 Jan 202212 Jan 2022Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in four decades revives the debate about whether the cryptocurrency is a hedge against … Read more

SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security – Regulation Bitcoin News

SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won't Say if Ethereum Is a Security – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency … Read more

SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme – Regulation Bitcoin News

SEC Charges Australian 'Man Behind the Machine' in $41M Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.” ‘Man Behind the … Read more

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance – Bitcoin News

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance

Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s … Read more

Reddit cofounder Alexis Ohanian predicts play-to-earn crypto will be the only type of games people play in 5 years | Currency News | Financial and Business News

Alexis Ohanian, Reddit co-founder, at the Solana conference in Lisbon

Alexis Ohanian, Reddit cofounder.Solana Play-to-earn crypto will be the only type of games most people play in five years, according to Reddit cofounder Alexis Ohanian. “90% of people will not play a game unless they are being properly valued for that time,” he said in a recent podcast. He also expects most people will unknowingly … Read more

These are the 6 hottest crypto tokens you can use to buy real estate in the metaverse | Currency News | Financial and Business News

Metaverse digital cyber world technology, man with virtual reality VR goggle playing AR augmented reality game and entertainment, futuristic lifestyle

Metaverse digital cyber world technology, man with virtual reality VR goggle playing AR augmented reality game and entertainment, futuristic lifestyleThinkhubstudio/Getty Buying virtual plots of land became the new normal in 2021 as investors jumped to alternative investing trends. Sales of virtual land boomed towards the latter half of the year, with NFT-based worlds raking in … Read more

Ex-Head of Crypto Exchange Wex Released in Poland – Bitcoin News

Ex-head of Crypto Exchange Wex Released in Poland

Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish Court Rejects Extradition of Wex Executive to Kazakhstan Authorities in … Read more

Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks – Markets and Prices Bitcoin News

Despite Negative Mining Malware Press, Privacy-Focused Crypto Monero Jumps 36% in 2 Weeks – Markets and Prices Bitcoin News

The privacy-centric crypto asset monero has seen significant gains during the last two weeks, jumping 36% in value against the U.S. dollar. Despite the negative press from the “Spider-Man: No Way Home” torrents with monero mining malware, seven-day statistics indicate the crypto asset has gained more than 21%. Monero Sees Double-Digit Gains Amid Mining Malware … Read more

Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’ – Regulation Bitcoin News

Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’

The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end. … Read more

GST officials detect Rs 40 crore evasion by crypto exchange | India News

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

CHENNAI: The GST authorities in Mumbai have detected evasion of Rs 40.5 crore and recovered Rs 49.2 crore in cash linked to GST evaded, interest and penalty while investigating the business activities of cryptocurrency exchange WazirX. WazirX exchange is managed by Zanmai Labs while the cryptocurrency ‘WRX’ it deals with is owned by Seychelles-based Binance … Read more

Robinhood is launching a beta version of its crypto wallet in January | Currency News | Financial and Business News

People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City.

A pop-up kiosk for Robinhood along Wall Street after the company went public.Spencer Platt/Getty Images Robinhood Markets is launching a beta version of its crypto wallet in January. After months of fine-tuning the new feature during the October alpha testing, Robinhood is now ready to move to the beta phase. Robinhood revealed common user feedback … Read more

Bitcoin, Ethereum, Crypto News and Price Data

Bitcoin, Ethereum, Crypto News and Price Data

“All About Bitcoin” dives into a bitcoin culture and markets discussion with crypto Twitter personality Gabriel Haines, including a look at one of his popular Twitter videos. How do memes and culture affect the markets? What signals is he reading in the bitcoin community for the end of 2021 and beginning of 2022? CoinDesk’s Galen … Read more

China’s crypto crackdown sparks Thai crypto-mining boom | Business and Economy News

China’s crypto crackdown sparks Thai crypto-mining boom | Business and Economy News

Bangkok, Thailand – The moment the axe fell on China’s massive cryptocurrency mines, Thai entrepreneur Pongsakorn Tongtaveenan was ready to swoop – quickly buying up redundant computer processors needed to retrieve Bitcoin from the network and shipping them to Southeast Asia. “Chinese miners got rid of their machines and the price collapsed by 30 percent,” … Read more

Iran orders crypto-mining ban to prevent winter blackouts | Crypto News

Iran orders crypto-mining ban to prevent winter blackouts | Crypto News

The ban is the second time this year that Iran ordered a shutdown of authorised cryptocurrency mining centres to ease the strain on the country’s power plants.By Yasna Haghdoost and Arsalan ShahlaBloombergPublished On 28 Dec 202128 Dec 2021Iran for the second time this year ordered a shutdown of authorized cryptocurrency mining centers as part of efforts … Read more

This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Returns – Markets and Prices Bitcoin News

This Year's Top 10 Crypto Asset Gainers Outshined BTC's and ETH's 12-Month Returns

Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed those 12 month gains by a … Read more

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals – Finance Bitcoin News

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated, however, that the authority’s hardline stance … Read more

Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says ‘It’s Gambling Money’ – Featured Bitcoin News

Former UK Chancellor Lord Hammond Warns About Crypto Investing — Says 'It's Gambling Money' – Featured Bitcoin News

Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of … Read more

Crypto news: Josh Frydenberg’s plans for regulation create a ‘weird limbo state’ for Bitcoin and other Cryptocurrency investors

Crypto news: Josh Frydenberg’s plans for regulation create a ‘weird limbo state’ for Bitcoin and other Cryptocurrency investors

Cryptocurrency is likely to be an election issue for millennials, according to an expert in risk and compliance.TCM Capital’s Fred Pucci says some Australians are relying on the crypto market to help them buy a house or get ahead, but without the benefit of any safeguards.Is investing in cryptocurrency worthwhile? Check out the video above … Read more

Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings – Exchanges Bitcoin News

Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of 'Arbitrarily Reducing' Exchange Rankings – Exchanges Bitcoin News

Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek … Read more

Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions – Privacy Bitcoin News

Crypto Mixing Tools Tornado.cash and Cashfusion Obscure More Than $8 Billion in Transactions – Privacy Bitcoin News

While blockchain monitoring has increased a great deal during the last few years, cryptocurrency mixers have seen significant use from those who don’t want their financial transactions tracked. Meanwhile, two mixing applications, Tornado.cash and Cashfusion, have helped crypto owners make their ethereum and bitcoin cash less traceable. The two applications combined recorded more than $8 … Read more