Dogecoin payments are now accepted at Elon Musk’s Vegas Loop
The Boring Company, Elon Musk’s construction startup, has begun accepting Dogecoin as payment for trips on its Las Vegas transport system. According to a July 6 story by CNBC, the…
Celsius Network Clears its Bitcoin Loan, Resetting its Liquidation Price to $0
Summary: Celsius Network has completely paid off its Bitcoin loan, resetting its liquidation price to zero. The lending platform has been paying off its loan on the Maker Protocol since…
Reddit Launches Digital Collectible Avatars With Polygon, But They’re Not NFTs
Summary: The social network plans to launch its marketplace for blockchain-powered profile photos on Thursday. Over 90 unique designs crafted by individual artists and thousands of digital collectibles will roll…
The Middle East Could Adopt Bitcoin Soon – Serbian Monarch
Summary: Filip Karadjordjevic surmised that Bitcoin might experience adoption by a Middle Eastern country sooner than you think. The Hereditary Prince of Serbia and Yugoslavia shared his theory on a…
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto…
Report: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation
The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge…
FTX CEO states that the crisis of crypto is behind us
Sam Bankman-Fried can predict that the situation is going to get better. Amid the continuing crypto winter, which has seen Voyager Digital and Three Arrows Capital file for bankruptcy and…
Inactivity fees for Bitstamp stop after huge backlash
Following intense criticism, the Luxembourg-based cryptocurrency exchange Bitstamp said today that it is abandoning the plan to make inactive members pay a fee. They claim to have listened to their…
UK Regulator Accuses Michael Owen Of Illegally Promoting Crypto Casino
The Advertising Standard Authority of the United Kingdom (ASA) has accused Michael Owen, an English former professional footballer, of promoting an unregistered crypto casino. The regulatory authority alleges that Owen…
Belgium is waiting for harmonization while reviewing crypto
The Belgian regulators, the Financial Services and Markets Authority, is collecting feedback on its message about the categorization of cryptocurrencies as financial instruments, investment instruments, and securities. The institution’s letter,…
Storj Price Prediction: STORJ May Push Higher Over Resistances
Storj (STORJ) Price Prediction – July 7There has been a trading intrigue in the STORJ/USD market activities, suggesting the crypto economy may push higher over resistances in the following sessions.…
How the Metaverse can revolutionize the fashion industry
By amalgamating the world of fashion with the Metaverse, brands and their clients stand to benefit a lot. The idea underlying digital fashion can be difficult for many to grasp…
Powers On… Summer musings after two particularly bad months in cryptoland
This columns goal has never been to provide investment advice on cryptocurrencies or other digital assets, nor has it been to provide individualized legal advice. It has mostly been about…
Solflare to let users manage Solana CeFi and DeFi accounts in one app with FTX integration
Transfer between custodied and non-custodied accounts can now take place within the Solflare wallet On Thursday, Solana-native wallet Solflare released a new integration with cryptocurrency exchange FTX.com and FTX.us to…