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News and Articles by Anahit



Fed Central bank digital currency

US Fed Published a Study on Digital Dollar

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The Federal Reserve System of the USA published a research paper on the digital USD, discovering the currency’s advantages and shortcomings. The establishment said that this is the first step between the system and stakeholders. Originally, the release was expected to be published in the summer...

Elon Musk Twitter NFTs

Twitter Had Better Focus On Scammers Than NFT Avatars: Elon Musk

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Twitter's subscription service Twitter Blue announced that now users can use NFTs as their profile pictures by connecting their crypto wallets. Tesla CEO Elon Musk reacted to the news, saying that the news is annoying. In his opinion, it would be better if the social media network spent its...

Crypto liquidations

Amount of Crypto Liquidations Surpassed $720 M

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Crypto prices continued to decline. Bitcoin price dropped to $38.560. Currently, Bitcoin trades at around $39.000. Ether declined to $2800. In the last 24 hours, the global market cap decreased by 7.8% and now stands at around $1.8 trillion....

El Salvador Bitcoin loans

El Salvador to Provide Crypto-Based Loans

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El Salvador continues to increase Bitcoin’s role in the country’s economics. Currently, the government considers offering small and medium businesses $10 M in crypto-backed loans. The program will start in the first quarter of this year. Director at Technological Economic International Affairs...

Bank of Russia crypto ban

Bank of Russia Proposed Ban on Crypto Mining and Trading

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Today Russia’s Central Bank issued a report on the crypto industry, trends, risks, and regulations. The regulator announced its plans to enhance regulations on unbanked cryptos and stablecoins. The institution proposes a full crypto ban, including issuance and operations. It also offers to...

Meta NFTs Facebook Instagram

Facebook and Instagram Plan to Allow Users to Create NFTs

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Meta, the parent company of Facebook, Instagram, and other entities, aims to provide users the possibility to create and trade NFTs. An article, published by Financial Times, informs that Facebook, and Instagram are working to enable users to put their NFTs on view through their profiles. Persons...

Gary Gensler crypto regulations 2022

SEC Will Focus On Crypto Platforms Regulation in 2022

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The chair of the US SEC, Gary Gensler said that platforms offering crypto trading services will be a primary focus of the agency. Bloomberg informs that during a recent virtual conference, Gensler said that he had asked the staff to get crypto exchanges inside the investor protection area and look...

Google blockchain division

Google Forms a Group to Work on Distributed Technologies

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One of the top tech companies, Google revealed that the company has a new unit which will work on blockchain and other disruptive computing and data processing techs. As per a report by Bloomberg, Google assigned an engineering vice president of Advertising Infrastructure and Payments Systems at...

Multichain hack

A Hacker Exploiting Multichain Bug Offers to Return 80%

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On Jan. 17, the blockchain interoperability network Multichain was hacked. The team announced that a critical vulnerability affected 6 cryptos; WETH, PERI, OMT, WBNB, MATIC, and AVAX. The company mentioned that it fixed the vulnerability, and transactions could be done safely. However, Multichain...

European Union crypto mining

EU Markets Regulator Calls for Ban on PoW Crypto Mining

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Erik Thedéen, Member of the Management Board of the European Securities and Markets Authority (ESMA) finds that EU regulators should encourage the crypto industry to use crypto mining that is less energy-consuming. During an interview with Financial Times, Thedéen said that he finds the solution...

Microsoft Activision Blizzard

Microsoft Acquires Activision Blizzard, Enters Metaverse

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Tech giant Microsoft disclosed acquiring one of the biggest game publisher companies, Activision Blizzard for around $68.7 bln. Microsoft said that the move is a step towards entering the metaverse. Metaverse is a virtual environment where users interact via 3D avatars. Fungible and non-fungible...

Bitcoin mining Intel

Intel Plans to Present an Efficient BTC Mining ASIC

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Leading technological corporation Intel is going to unveil a new, environmentally friendly BTC mining ASIC at the upcoming International Solid-State Circuits Conference (ISSCC), which will take place next month. In the program, published by ISSCC, it's mentioned that session 21, highlighting chip...

Animoca Brands valuation

Blockchain Games Developer Animoca Brand's Valuation Hit $5 B

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NFTs and metaverse-focused company Animoca Brands announced securing around $358 M in investments. In a blog post published on Jan. 18, the team said that the company’s valuation surpassed $5 B with the fund allocation. The investment round was led by Liberty City Ventures. Among the...

Mark Cuban DAOs

Mark Cuban Keeps 80% of His Portfolio in Crypto

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Entrepreneur Mark Cuban unveiled that he invests 80% of his holdings in crypto. In a later interview during "The Problem With Jon Stewart", Cuban said that currently, he doesn't invest in traditional establishments. The NBA team Dallas Mavericks owned by Cuban partners with the publicly...

Crypto.com unauthorized activity

Crypto.com Restored Withdrawals After an Unauthorized Activity

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Crypto trading platform Crypto.com detected unauthorized activity on the platform on Jan. 17, after which it stopped deposits and withdrawals for some time. The team was investigating suspicious activities during the pause. Crypto.com stated that all funds were unaffected. The exchange implemented...

Polygon MATIC upgrade

Polygon’s MATIC Becomes Deflationary After the EIP 1559 Launch

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The Polygon team revealed today that Ethereum Improvement Proposal (EIP 1559) is going live on the Polygon blockchain protocol. With the upgrade, the supply of MATIC becomes deflationary, which means that through burning, coins will be removed from circulation. Also, the step improves fee...

Walmart filings NFTs

Walmart to Present Its Crypto, NFTs and Step Into the Metaverse

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Later filings by leading retail company Walmart unveil that the company intends to release its own crypto asset, NFTs, and enter the metaverse. The company submitted filings with the USA Patent and Trademark Office at the end of 2021. Overall, Walmart presented 7 filings. In one of them, the...

Singapore MAS crypto ads

Singapore Regulator Issues Guideline on Crypto Promotions

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MAS (The Monetary Authority of Singapore) released a guideline that set rules for those offering crypto trading services, from advertising their services publicly. The new rules aim to protect investors from possible risks. According to the regulator, the public shouldn't be provoked to trade...

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