Category: Cryptocurrency

Feb 01
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: Report

Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. 601 Total views 6 Total shares Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using […]

Jan 31
Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31

Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. 500 Total views 5 Total shares One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets […]

Jan 31
UNICEF calls for child safeguards amid mainstream crypto adoption

UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. 1632 Total views 54 Total shares The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets. […]

Jan 31
Former BOJ official warns against use of digital yen in the financial sector

Hiromi Yamaoka is currently heading a private forum of 74 companies that are planning to launch a private digital currency. 790 Total views 68 Total shares A former Bank of Japan (BOJ) official who reportedly headed its digital currency research is now advising against its use. According to a report published in the Japan Times, […]

Jan 31
El Salvador president predicts ‘gigantic price increase’ for Bitcoin

There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. 6704 Total views 97 Total shares Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender. Bukele took to Twitter […]

Jan 31
Blockchain is just a database without crypto, legal expert says

Separating blockchain from crypto leaves all the exciting opportunities out, legal expert Elçin Karatay told Cointelegraph. 1218 Total views 22 Total shares Blockchain can’t be separated from crypto in a progressive manner because extracting blockchain from crypto diminishes the former to a glorified database, leaving all the exciting opportunities out, Turkish law expert Elçin Karatay […]

Jan 31
Bitcoin price down 20% so far in 2022 after worst January since 2018

Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems? Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the peak of Bitcoin’s last halving cycle. Investors, however, are still waiting for a “blow-off top.” Will Bitcoin see a rare “red” […]

Jan 31
Top 5 cryptocurrencies to watch this week: BTC, LINK, HNT, FLOW, ONE

Bitcoin’s (BTC) relief rally rose above $38,500 on Jan. 29, but the bulls are struggling to sustain the higher levels. For the past few days, Bitcoin’s sentiment has closely followed the U.S. equity markets. Hence, analysts warned traders to be careful and not to read much into any possible weekend rallies when traditional markets are […]

Jan 30
Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare

LooksRare made its debut on Jan.10 and the recently launched NFT marketplace has drawn a lot of attention, not only because its daily trade volumes were more than double Opensea’s on the second day of trading, but also because it has become the new playground for wash traders. Wash trading is a series of trading […]

Jan 30
Meta goes Brazil to trademark Bitcoin and crypto services

Meta published the application for registration on Jan. 25 and is currently awaiting opposition prior to INPI approval. 9687 Total views 118 Total shares Meta, the world’s biggest social media platform, has filed a trademark registration with the Brazilian authorities to design, develop and provision hardware and software for various Bitcoin (BTC) and crypto-related services.  […]