Russia has conducted a study which estimates that the traders in the country owns more than 16.5 trillion rubles ($200 billion USD) worth of crypto. The calculation analyzed IP addresses of major crypto traders in the country and subsidiary information. According to data shared by Bloomberg, over 17 million RussiansContinue Reading
Read in the Digest: Bitcoin dominance at two month high, MicroStrategy buys more BTC. Solana Pay launches into new payment era, ConsenSys acquires MyCrypto to expand MetaMask. Crypto VC investments roar on in 2022, with New York leading the charge. Whale demand for ADA rises with planned Cardano block sizeContinue Reading
Since the crypto winter of 2018, Bitcoin closed January 2022 as its start to a worst year, with the world’s leading crypto recording a loss of 18%, falling to a six-month low in the process. The price drop saw Bitcoin’s dominance hit its lowest point since May 2018. Despite this,Continue Reading
Popular Bitcoin ATM operator, Bitcoin of America, is starting 2022 with a boom. Bitcoin of America has announced their plan to work with Georgia Tech Yellow Jacket’s Michael Devoe to promote cryptocurrency. Bitcoin of America is a well-known virtual currency exchange, registered as a money services business with the UnitedContinue Reading
Read in the Digest: Crypto Rally: Bitcoin Hits $39k, Ethereum and Altcoins Join Recovery. Binance insurance fund reaches $1 billion, 20,000 BTC from 2016’s Bitfinex hack moved to anonymous wallet. India introduces crypto tax and preps 2023 CBDC launch, Thailand scraps proposed 15% crypto tax. Solana’s Phantom raises $109 million,Continue Reading
India has been avoidant to cryptocurrencies, but the high interest and global adoption of crypto influenced the change in India’s stance. The country announced plans to introduce its national cryptocurrency before April 2023 and legalized cryptocurrency by applying a 30% tax on sales of digital assets. The country’s central bank,Continue Reading
The alliance between Binance and Davivienda seeks to provide legal financial support to cryptocurrency operations in Colombia. The pilot plan coordinated by the Colombian regulator hopes to quickly capture some 7,000 clients, who will be able to make bank deposits and withdrawals in authorized cryptocurrencies. Binance and Davivienda, the largestContinue Reading
Read in the Digest; Google Pushes Deeper Into Blockchain and Crypto – Partners with Coinbase, Hires Paypal Vet Grayscale Bitcoin Fund is Down 30%, Whales Add 40k BTC in Last 2 Days Ethereum Surpasses Visa’s Value Moved in 2021, JPMorgan Calls High Gas Fee A Big Problem for ETH CardanoContinue Reading
The popularity of crypto-assets is rising, with at least 2.3 million people in the UK owning cryptocurrency, HM Treasury reported. However, research by the government says that a large number of citizens don’t fully understand cryptocurrencies and don’t know what they’re buying. Most cryptocurrencies, including Bitcoin, are unregulated, leaving investors unprotectedContinue Reading
Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announced that it has joined the National Cyber-Forensics and Training Alliance (NCFTA), a nonprofit corporation focused on identifying, validating, mitigating, and neutralizing cybercrime threats. Binance is the first organization from the blockchain and cryptocurrency industry to formally join the alliance. TheContinue Reading
