Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%
Quick take: Bitcoin hit a local high of $41,718 as anxiety grew on Wednesday, that the Fed would increase interest rates The U.S Federal reserve announced a 0.25% rate hike…
President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency…
Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms…
How Penguin Karts Will Drive The Blockchain Gaming Scene Forward
A lot has happened since the idea of Penguin Karts was first conceived. Who would have thought that a nostalgic memory would spawn the development of a blockchain project, let…
Blockchain gamers see playing NFT games as a potential full-time job, says new survey
NFT gaming platform Balthazar’s chief executive said that “many are ready to quit their other jobs to play NFT games instead.” Despite the fall of nonfungible token (NFT) prices, play-to-earn…
Bored Ape NFT holders to receive ApeCoin: ‘The Dogecoin of NFTs’
ApeCoin will be distributed among owners of BAYC NFTs and is set to be used as the “primary token” in a new ecosystem of play-to-earn games from Yuga Labs and…
Bank of Canada collaborating with MIT on CBDC research
The bank will work alongside the MIT Media Labs’ Digital Currency Initiative (DCI) team to examine how “advanced technologies could affect the potential design of a CBDC.” The Bank of…
$100M fund aims to support the growth of decentralized machine economy
The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization. IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced…
Democrat division over crypto isn’t all bad news for regulation
The digital divide between those for and against cryptocurrencies is widening among U.S. policymakers. The Biden Administration has just passed an executive order furthering research into crypto assets in view…
‘We’re already buying’: Terra founder plans to obtain $10B BTC for reserves
Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” The founder of Terraform…
Nifty News: Yuga Labs buys CryptoPunks, 1inch Wallet supports NFTs and more
The creators of Bored Ape Yacht Club are the new owners of CryptoPunks and Meebits brands, while The San Antonio Spurs celebrate its “winningest” basketball coach with NFTs. This week’s…
Internet Computer founder’s $250M plan to help end the war in Ukraine
Williams’ proposal is focused on using blockchain tech to counter propaganda, and incentivize the Russian population via crypto rewards to get informed on what’s taking place in Ukraine. Internet Computer…
RBI Crypto: Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The…
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given…
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim…