According to a high-ranking government official, Iran is unwilling to recognize cryptocurrency as a legitimate means of payment. This comment, which came from Iran’s deputy minister of communications, Reza Bagheri Asl, comes as the Central Bank of Iran (CBI) published rules for the rolling out of its national digital currency. The deputy minister made the […]
On April 8, the Luna Foundation Gaurd (LFG), a Terra (LUNA) organization, announced a partnership with the Avalanche Foundation and revealed that it would purchase $100 million worth of AVAX over-the-counter (OTC). The organization noted that the purchased AVAX would be held in its diversified reserves, along with Bitcoin (BTC), intended for its UST Decentralized […]
As it expands its sanctions against Russia on its military invasion of Ukraine, the European Union (EU) has again gone after the cryptocurrency industry. Last Friday, the European Commission introduced a dusty round of restrictions on Russia agreed on by the Council of the EU. The Commission detailed that the additional sanctions should “further contribute […]
Delivering his speech at the recently concluded Bitcoin 2022 conference in Miami, Florida, PayPal co-founder Peter Thiel shared a list of what he called: “enemies stopping Bitcoin from rising 100x.” Thiel noted that the “enemies list [is] a list of people who I think are stopping Bitcoin.” He explained that “there’s a lot of them, […]
A new critical cryptocurrency law just passed in the EU, and it went largely unnoticed by the market. While this new law only affects cryptocurrency investors in the EU directly, it could have a ripple effect on the rest of the market. The new law essentially enforces cryptocurrency companies to mandate strict KYC (Know Your […]
In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the […]
As Bitcoin (BTC) records a massive correction, it would seem that large whale addresses have seized the moment to purchase the benchmark cryptocurrency at a discount, as reports show that whales accumulated over 6,000 coins yesterday alone. This revelation came from CryptoQuant analysts. Meanwhile, popular crypto commentator Yu Shiuan Chen recently tweeted an insight into […]
The Central Bank of Russia (CBR) has ruled out the possibility of using cryptocurrency to evade the hefty sanctions imposed on the country following its military invasion of Ukraine in late February. The latest development came from a statement by the Bank’s First Deputy Governor, Ksenia Yudaeva, as a response to a proposal forwarded by […]
Recent reports show Lucky Block (LBLOCK) has accumulated over 49,000 holders as the lottery cryptocurrency continues to scale up. That said, tapping 50,000 holders would be a significant achievement for the cryptocurrency project, which began operating in late January on PancakeSwap DEX and LBank, the only centralized exchange it trades on. LBLOCK rallied by over […]
