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Latest Blockchain and Crypto News



Line

Line messenger will launch an NFT platform

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The Japanese company Line, the operator of the messenger of the same name, announced the launch of the NFT marketplace on April 13, 2022. The LINE NFT platform was created based on LINE Blockchain's network. Users will store assets in the BITMAX Wallet. It is planned that at launch, more than 100...

Bitcoin Ethereum

Bitcoin and Ethereum bounce back after yesterday's fall

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The surge in investor activity in the cryptosphere at the beginning of the week turned out to be short-lived. The largest digital currency fell below $42,000 again and pulled almost all major altcoins with it. Today's trading in Asia took place mainly in the green zone, which had a positive effect...

Bank of England crypto

UK Central Bank Plans to Develop Crypto Regulations

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The Bank of England is set to sketch the first regulatory framework for crypto. According to the institution, the industry could pose risks to financial stability without being unregulated. The Bank mentioned that although the sector is still small, it sees rapid growth. Discussions over crypto...

Neonexus

Founder of NeoNexus announced the closure of the popular NFT project

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The founder of the well-known NFT project NeoNexus, Jack Shea, announced the termination of a startup operating based on the Solana blockchain. The man stated this on his official Twitter account, noting that the main reason for such a sharp decision was the sudden drop in prices for the SOL...

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...

El Salvador USA BTC

US Congress to Consider Bill That Studies El Salvador’s BTC Policy

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The US Senate considers adopting a bill that as it describes would mitigate risks to the US financial system that it finds may come from El Salvador's adoption of BTC as legal tender. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the act on February 16. The bill would require...

Fed chair crypto

Federal Reserve Chair Says Crypto Will Need New Rules

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The Chairman of the Federal Reserve, Jerome Powell believes that digital innovation won't go away, so there is a need for new regulations. In a virtual summit held by the Bank of International Settlements, Powel said that Distributed Ledger Technology and decentralized finance have the potential...

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...

El Salvador Bitcoin bonds

El Salvador Postpones the Launch of BTC Bonds

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The Salvadoran government made a decision to put off the launch of Bitcoin bonds as the current market conditions are unfavorable. Finance Minister Alejandro Zelaya talked about it during an interview with the TV show "Frente a Frente" President Nayib Bukele first revealed the plans to...

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...

Yuga Labs funding round

BAYC Creator Yuga Labs Raised $450 M for Its Metaverse Project

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The company standing behind the development of the Bored Ape Yacht Club, Yuga Labs, attracted $450 M in a recent Series Seeds funding stage. Completing the round, its valuation has reached $4 bln. VC firm Andreessen Horowitz (a16z) led the round. Among investors were game software company Animoca...

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,...

BIS CBDCs

BIS Builds a Digital Assets Platform Prototype With Some CBs

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The Bank for International Settlements together with several central banks have built prototypes for bank-issued digital currencies platform. The network will serve for making transactions across borders, boosting their efficiency. BIS and financial authorities of Australia, Malaysia, Singapore,...

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...

Galaxy Digital Goldman OTC

Goldman Sachs Conducted OTC Crypto Trade with Galaxy Digital

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International investment bank Goldman Sachs implemented an Over the Counter crypto trade, becoming the first large US bank to do so. Galaxy Digital, a blockchain, and crypto-focused financial services institution, revealed that its trading unit has made the transaction easier in the form of a BTC...

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...

India crypto rules

India's New Crypto Rules Presents Strict Trading Limitations

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The Ministry of Finance in India has defined new rules for the crypto sector. According to the publication by the government, losses and profits will be viewed separately. This means that traders can't set off losses incurred in a certain digital asset against income from another one. The policy is...

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