On Wednesday, Normura Holdings made an announcement on the launch of Laser Digital Holdings, which is a venture capital unit focused on the cryptocurrency market. Normura Holdings is Normura Group’s principal member and is a Japanese financial holding firm. Its move comes after several financial giants made a move into the crypto space this year….
Spanish crypto exchange Eurocoinpay has made a deal for offering one of the first debit cards based on cryptocurrency in Spain. Customers of Eurocoinpay already have access to the card in question and now users will be able to take advantage of it by shopping in more than 90 million locations in the European Union…
The results of a new survey conducted by Harris Poll show that most American crypto investors believe that they possess the tools necessary for becoming billionaires down the road. The survey had been focused on how Americans view billionaires and it showed that Gen Zers and millennials have a higher sentiment in this regard, as…
Global bitcoin mining firm, Bitfarms has launched its operations in the mining megafarm that it set up in Argentina. Launched on September 16th, the new mining facility is now generating about 10 ]MWof mining power in the initial phase, but it expects to expand and become fully operational in the next year. According to the…
The Securities and Exchange Commission (SEC) in Thailand has proposed that a ban be imposed on crypto lending and staking activities and that people not be permitted to engage in them. The regular has now opened up the proposal for comments from the public and also noted that the reason behind the ban would be…
The head of the Russian government instructed the finance ministry and central bank in Moscow to come to an agreement on how to develop the digital asset market in Russia by December 1st. They should also work with other regulators in order to develop common legislation that can be used for regulating the digital asset…
The Financial Services Regulatory Authority (FSRA) is the financial regulator for the Abu Dhabi Global Market. It recently disclosed six principles that will be used for developing regulations for virtual assets and their supervision. While the FSRA said that these principles would not be legally binding, they should be regarded as a complement to the…
September 9 had proven to be a day of hope and joy for the Ether (ETH) investors as its price recorded a significant rise. For a while, Ether had found it difficult to push through the $1,700 level, which is the overhead resistance mark for the second-largest cryptocurrency. However, on September 9, Ether was able…
The chairman of the US Securities and Exchange Commission (SEC) has instructed his staff to begin fine-tuning compliance for crypto intermediaries and tokens. According to the SEC chair, most of the crypto tokens that are in circulation are categorized as securities. Crypto tokens are securities Last Thursday, there was an SEC Speaks conference at the…
Last week, the tax authority in Argentina (AFIP) discovered three different clandestine crypto mining operations, which were located in the city of Cordoba and San Juan. Just one of these mining farms had mining equipment worth $600,000 and the institution was able to track them due to the high electricity consumption. Illegal crypto mining The…
According to a top Russian government official, the country is cooperating with friendly nations about the potential use of stablecoins for making international payments. This news comes after some of the prominent institutions in the Russian Federation agreed that the country needs to work on legalizing crypto cross-border payments in light of the Western sanctions….
The trading price of Ether (ETH) is currently hovering in a particular range. The range is the 20-day EMA and the H&S pattern. The trading price of $1,605 is the 20-day EMA for Ether and the H&S value is at a lower level. This means that the trading price of ETH is moving within a…
Animoca Brands is one of the major platforms within the crypto-blockchain industry and it wants to gain even more ground within the sector. In recent years, Animoca Brands has gained so much name in the world of blockchain and metaverse gaming. For this purpose, the brand has collaborated with multiple blockchain and metaverse-based companies. Animoca…
The new Prime Minister of Britain, Liz Truss had previously stated that cryptocurrencies should be welcomed in such a manner that their potential is not affected. Truss beat Rishi Sunak, the former finance minister of the United Kingdom, who intended to make the country crypto-friendly. New PM The race to become Britain’s prime minister had…
On Monday, the largest crypto trading platform in the world by trading volume, Binance announced that it would be removing USDC from the list of its spot trading pairs. Not only is it removing the stablecoin, but it also warned its users that three types of stablecoins would be automatically converted into BUSD if those…
Thousands of global computers have been invaded by crypto mining malware. This particular malware has been running since 2019 and is using these computers for mining the privacy coin Monero (XMR). Crypto mining malware Last Monday, a report was published by Check Point Research, which shed light on the activities of a cryptocurrency mining malware,…
A set of crypto regulations has been finalized by the government of Iran. A government official said that the administration had ratified a ‘comprehensive and detailed’ law. It is aimed at providing a regulatory framework for crypto, which includes their mining and authorized usage. Crypto regulations in Iran The Industry, Mines, and Trade Minister of…
Mikhail Mishustin, the Prime Minister of Russia, was full of praise for digital assets as a payment method, as he said that they could help the country in achieving financial independence. However, the leading government official also encouraged the use of the Russian ruble for making international settlements. Foreign trade During a session that was…
The British currency was set for closing its worst month against the US dollar since 2016 on Wednesday and the worst month against the euro since the middle of 2021. This was due to concerns that there is a sharp slowdown in the British economy and the soaring inflation drove investors to sell the currency….
On Tuesday, the Sterling declined against the euro and was on course for recording its biggest monthly drop against the common currency in the last 16 months. This is because the energy crunch once more fueled worries about a recession in the British economy. Energy crisis US investment bank Goldman Sach’s economists issued a warning…
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Indeed, web3 and decentralized finance (DeFi) capabilities are among the blockchain pillars making most chains attractive to investors. Early adopters that joined the space are working to strengthen their footing. Polygon is among such platforms. The Polygon Village Created as a one-stop platform for developers to build and enhance projects, Polygon Village will use vouchers…
