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With the rise of crypto currency, more people are mining at home or are interested in trying. Crypto mining allows you to generate a constant stream of crypto by submitting processed transactions or “Blocks”. However, running a mining unit in a residential home tends to negatively impact the...
In early summer, the Tanzanian authorities announced the legalization of digital currencies. Now it became known about the plans of the Central Bank to issue a token (CBDC). The corresponding statement last week was made by the head of the Central Bank Florence Luoga. According to him, the...
At the end of November 2021, the number of transactions on decentralized crypto exchanges may exceed $100B. According to The Block, as of November 28, the trading volume has already reached $ 99.5 billion. Compared to the July lows, the number of transactions with digital assets on DEX platforms...
The management of the Bank of Russia strongly opposes the recognition of bitcoin as a legal payment instrument. The head of the Central Bank Elvira Nabiullina, periodically confirms her tough position and calls BTC a fraud and a financial pyramid. Soon, the regulator promises to publish its...
Singapore-based MAS-regulated finance company Fintonia Group has launched two institutional-grade bitcoin funds. Fintonia Bitcoin Physical Fund and Fintonia Secured Yield Fund are for professional investors looking for opportunities to interact with a new asset class. The Bitcoin Physical Fund buys...
Next week on December 2, the Securities and Exchange Commission (SEC) plans to hold talks with representatives of the expert community on the regulation of the digital currency market. The statement of the American regulator notes that in addition to the legalization of cryptocurrencies, the SEC...
The Bank of Canada believes that no threats to the state's economy come from cryptocurrency. The position of the regulator was announced by its official representative Paul Baudry. The share of crypto payments is so low that their impact on the financial sector is hardly felt. However, the official...
Back in July, some details of the project to create the Japanese digital currency (CBDC) became known. The CBDC concept is going to be formed in 2022. This week, Japanese media reported that about 70 companies and banks are planning to participate in the development and testing of the token. An...
There are a growing number of pension funds around the world that have included digital currencies in their portfolio. The first Australian fund decided to follow the path of similar financial structures from other countries. Rest Super fund manages $ 46.8 billion in assets and serves 1.8 million...
Turbulence returns to the crypto market after each spike in the activity of large bitcoin addresses or so-called whales. According to Santiment, wallets holding between 100 and 10,000 BTC triggered an escalation in volatility last week. Recall that the price of bitcoin on some trading floors fell...
Today India is one of the few countries that intend to work with cryptocurrencies in the long term. The government of this state has been going for a long time to create a regulatory framework for digital currencies and recognize them as a separate class of assets. Recently, the Indian authorities...
Central bank digital currencies (CBDCs) are the instruments of our future to bring about a global financial revolution. This point of view is shared by the management of the Bank of England. Deputy Head of the Central Bank John Cunliffe, during his speech at the Parliamentary Committee on Economic...
On Monday, November 22, a crypto trader hamster named Mr. Goxx (real name - Max) died. “It is with deep sorrow that we must announce the loss of our beloved furry friend,” they wrote. The rodent showed no signs of serious illness, they said, but suddenly quit eating and fell asleep calmly on...
Bitcoin (BTC) has been falling in price since the end of last week, but crypto fans still refuse to sell it. According to the Glassnode platform, the number of wallets with a non-zero BTC balance in the second half of November reached an all-time high of 38.76 million. Researchers recall that the...
The Australian office of the Kraken crypto exchange criticized the policy of the country's authorities. As Jonathan Miller, representing the company's top management, noted, if regulators introduce licensing of trading floors, business development will slow down. Australia is among the countries...
The leadership of the European Central Bank is not only working on the launch of the digital euro but also trying to tighten control over all types of cryptocurrency transactions. This week, the regulator issued a press release announcing plans to include stablecoins and other digital assets in the...
Back in early summer, the press center of the Central Bank of Brazil announced the regulator's plans to issue a digital version of the real (CBDC) within the next two to three years. Then, information about the start of token testing began to spread on social networks. The Central Bank denied these...
What are cross-chain bridges? These are decentralized applications that allow the same asset to be transferred between different blockchains. Cross-chain bridges allow you to move tokens of various standards (ERC-20, BEP-20, and others) between blockchains. There are also cross-chain bridges that...
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