Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want
Category: Cryptocurrencies
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has
Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors
Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking
Russia to Trial Digital Ruble Settlements for Real Estate Deals
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The
Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland,
Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped
Belgian Banking Group KBC Creates Blockchain-Based Coin
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The
