News and Articles by Diana

The UK Legal Commission advocates for the recognition of NFTs and digital currencies as a new type of property. This body published a statement in which it supported the plans of the government of the kingdom to legalize the cryptosphere. Such an initiative was previously made not only in the...

Binance CEO Changpeng Zhao and head of the Eastern European branch of the exchange Gleb Kostarev discussed cooperation options with the Turkish authorities. The world's largest cryptocurrency platform plans to gain a foothold in the Middle East and Europe. In addition, she is ready to help states...

The US Federal Reserve's rate hike of 75 basis points was expected. Analysts agreed that due to the acceleration of inflation, the regulator will be forced to tighten monetary policy again. At the same time, they expected a further decline in the value of shares of the technology sector and...

The cryptocurrency market has won back some losses after the fall at the beginning of the current week. Bitcoin fell to $20,900 last Tuesday but rebounded quickly as support strengthened in the $21,000 area. At the time of publication of this review, BTC was trading at $21,248. In weekly terms, the...

Many cryptocurrency exchanges were forced to either leave the Indian market or limit their presence in it. They made this decision against the backdrop of tightening control over the cryptosphere and high taxes on market participants. However, according to the CEO of the KuCoin platform, Johnny...

At the end of last year, China and Hong Kong began the second phase of testing the digital version of the yuan (CBDC). To increase the popularity of the token, the People's Bank of China wants to endow it with approximately the same functions that conventional cryptocurrencies have. Transactions...

Proch.io launches its Proch wallet and announces a presale of the POCH Token. Also, the Proch wallet launch presale will contain earning swap and NFTs. To get to know them better, Proch.io is a company with an integrated project that includes a decentralized wallet and a cryptocurrency trading...

The restriction of withdrawals was notified by the Zipmex cryptocurrency exchange in Thailand last week. Local regulators then made the trading platform's problems public and began interacting with the customers who had been harmed by the outage. Information on the impacted traders is being...

Most experts agree that in the middle of this week the US Federal Reserve System will once again raise the discount rate. Investors are redistributing their portfolios in favor of the dollar. The US dollar index is growing for the second day in a row. In parallel, there is a correction in the stock...

Amid the bear market, many crypto companies and hedge funds have run into trouble. Well-known financial corporations began to acquire a stake in this business. According to many experts, the entry of large capital into this sector of the economy will help maintain its liquidity and minimize new...

According to the founder and former CEO of BitMEX crypto exchange Arthur Hayes, bitcoin hit bottom in June. The fall of BTC to $18,000 last month was a landmark event for the entire market. Many traders and speculators left the cryptosphere after such a collapse. It was at this moment that the...

Tim Sweeney, CEO of the Epic Games Store, stated that the company has no intention of giving up on non-fungible token initiatives (NFTs). Sweeney reiterated the firm's policy in response to a Twitter user's request to "get rid of every game in the store." "You should have the...

At the beginning of this week, it became known that the American company Tesla sold the lion's share of bitcoins. The electric car manufacturer announced its investment in BTC last winter. From the financial statements for the second quarter of 2022, it follows that the company sold 75% of...

In early April, the press service of the UK government announced its intention to recognize stablecoins as a means of payment. On the eve of the Parliament submitted the relevant bill. Its authors hope that the legalization of digital currencies with fiat and other collateral will strengthen the...

Bitcoin proponent Mike Novogratz believes that the fall in the value of digital currencies was the result of his flood of alarmists and losers. Those companies and funds that collapsed in May and June were created as dubious and speculative projects that attract investment. This “bunch of...

Miami-based startup Halborn closed a $90 million Series A funding round. The lead investor was Summit Partners with the participation of Castle Island Ventures, Digital Currency Group, and hedge fund Brevan Howard. The startup did not disclose its valuation for the round. Halborn chief executive...

Indian Finance Minister Nirmala Sitharaman reaffirmed her department's tough stance on digital currencies. Back in April, she expressed concern that cryptocurrencies were often used in criminal schemes. The Ministry of Finance and the Reserve Bank of India believe that bitcoin cannot be used as a...

The terms yield farming, staking, and minting are all very well-known in the world of DeFi and have attracted a lot of attention lately. And with these DeFi opportunities, your portfolio can flourish and develop into something truly amazing. These three methods used in DeFi effectively produce...