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News and Articles by Diana



Thailand

Thai regulator bans payments in digital assets

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Beginning in December 2021, the Thai Securities and Exchange Commission announced the preparation of a new regulatory framework that would regulate the digital asset industry. According to reports, among the main tasks that the agency has set for itself is the definition of so-called “red...

Morgan Stanley

Morgan Stanley pointed to obstacles to the continued growth of DeFi

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Over-collateralization and regulation will limit the continued exponential growth of the DeFi sector in the coming years. Analysts at Morgan Staley came to these conclusions. Investment bank experts noted that they did not find much evidence for the thesis that DeFi protocols significantly improve...

Avoteo Reaches Strategic Partnership With VeriDoc To Implement Onchain Signature

Avoteo Reaches Strategic Partnership With VeriDoc To Implement Onchain Signature

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Palma de Mallorca, Spain — March 7, 2022, Crypto-native crowdfunding platform Avoteo is announcing a long-lasting strategic partnership with a verifiable electronic signature platform VeriDoc to implement the possibilities of an on-chain signature on its blockchain-based crowdfunding platform....

Florida

Florida to add cryptocurrencies to financial literacy plan

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Florida Gov. Ron DeSantis has signed legislation to introduce financial literacy programs in high schools, including on issues related to cryptocurrencies. During the press conference, the official said that the legislature did not support his initiative to allocate funding for “blockchain...

Binance

Binance continues to restrict opportunities for Russian traders

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In early March, the Binance administration announced that the company would not leave the Russian market. However, the exchange will limit the service to users as part of compliance with the sanctions legislation. This week it became known about new restrictions on investors from the Russian...

institutions

Institutions withdrew about $47M from crypto funds in a week

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Last week, a landmark event for the global economy was the first increase in the discount rate of the Federal Reserve System since 2018. The US regulator thus hopes to ease inflation, which is growing rapidly amid tensions. A report from CoinShares says that institutional investors withdrew about...

Ethereum

Investors send Ether to cold storage

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The largest altcoin Ethereum (ETH) is slowly approaching $3,000. Over the past 24 hours, the ETH exchange rate has strengthened by another 2.34% to $2916. Cryptocurrency capitalization over the past seven days has increased by more than 15% to $349.667 billion. At the beginning of last week,...

1xbit

Play With Solana (SOL) On Your Favorite Online Casino - 1xBit

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We at 1xBit greatly appreciate our community’s feedback and requests. Our players wanted Solana as a payment method, and we listened! You can now bet on sports and play your favorite casino games by wagering SOL coins. But what exactly is Solana, and what makes it so unique? An Introduction to...

Africa

The number of crypto transactions in Africa has grown by almost 2500%

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Recently, the popular cryptocurrency exchange KuCoin published its financial report for 2021. The document aroused great interest among analysts and the media, who, among other things, drew attention to a significant increase in crypto transactions from African users. The report of the exchange...

Shiba

Investors began to withdraw money from Shiba Inu

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Shiba Inu Token (SHIB) is ranked 15th in the ranking of the largest digital currencies. Over the past 24 hours, its price has fallen by 3.88% to $0.00002308. Against the backdrop of winter sales and a fall in the value of the altcoin, a decrease in the number of its holders began. The number of...

Hack

DeFi protocols Li Finance and Umbrella Network were hacked

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DEX aggregator Li Finance has reported a hack that resulted in the theft of 205 ETH (~$591,630) from 29 wallets connected to the service. The project team closed the exploit and compensated for the losses of most users. According to the report, on March 20, an attacker exploited a vulnerability in...

BitMex

BitMex founder predicts Bitcoin will reach $1M

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Many representatives of the cryptosphere are positive about the long-term prospects for Bitcoin (BTC). For example, Galaxy Digital CEO Mike Novogratz said last week that BTC would set a new record in the next three years. According to his forecasts, the bitcoin rate will reach $500,000. BitMEX...

Aiko

AIKO Project Announces Its IDO on the Solana Network

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The NFT ecosystem finally gets a grown-up upgrade with the platform designed for the adult market with its NSFW digital art AIKO Project, the ecosystem of services designed for the adult market, has announced an IDO that is set to change the face of the NFT landscape. AIKO leverages the earning...

Ethereum

Almost 9% of Ether is locked in the ETH 2.0 deposit contract

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8.56% of the total Ether supply is locked in the ETH 2.0 deposit contract. Experts positively assess this trend, as the number of investors in the network is growing, expecting its breakthrough development this year. At the end of the second quarter, there should be a merger of the two versions of...

AAve

Whales have invested more than $10M in Aave crypto in two months

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DeFi token Aave (AAVE) is ranked 54th in the ranking of digital currencies. Over the past seven days, its capitalization has grown by almost 30% to $2.035 billion. Aave starts the new week at just over $150. In the DeFi market, this protocol is in fifth place, with $12.76 billion worth of digital...

Litecoin

Litecoin developers roll out Mimblewimble update to testnet

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The Litecoin team has deployed a new version of the Litecoin Core 0.21.2 client on the testnet. The release includes Mimblewimble Extension Block (MWEB) and Taproot updates. “We have been working very hard to fix all the bugs before the final release. Thanks to everyone who helps us test MWEB on...

Russia USA

US authorities may block Russian users of crypto exchanges

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As part of compliance with the sanctions policy, the American leadership is preparing a bill that prevents the use of cryptocurrencies by Russian individuals and legal entities. A bill developed by a group of senators, which included Elizabeth Warren, who advocates strict crypto regulation, was...

GameStop

GameStop to launch NFT marketplace by the end of July

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US video game console and game retailer GameStop has announced that it will launch an NFT marketplace before the end of the second fiscal quarter of 2022. The firm first announced the initiative in February. The platform will be based on the second-level Ethereum solution from the Australian...

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