Though trading cryptocurrencies has been largely illegal in Qatar since 2018 , Crypto.com is likely to reach a more international crowd given the popularity of soccer on the world stage. FIFA, an international governing body for many major soccer tournaments, has announced that cryptocurrency exchange Crypto.com will be an official sponsor of its next World...Continue Reading

ETC price appears to be getting a boost from its scheduled “fifthening” next month. Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly “death cross” on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain.  ETC’s price jumped over 15.5%...Continue Reading

According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. The Organisation for Economic Cooperation and Development, or OECD, has suggested additional requirements on reporting crypto transactions and identifying users aimed at increasing transparency for global tax authorities.  In a...Continue Reading

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which coins you should consider buying in a bear market. “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the best top coins to buy in a bear market. But first, market expert Marcel Pechman...Continue Reading

GT driver Laura-Marie Geissler’s career will depend on a decentralized sponsorship model with the aim of leveling the playing field for motorsport athletes. German GT racer Laura-Marie Geissler, creative agency Amsterdam Berlin and NFT startup Unblocked partnered up to launch the first nonfungible token, or NFT, funded motorsport team. Named after the driver, herself, the...Continue Reading

The assets of seven smart contract platforms have been included in the fund: ADA, SOL, AVAX, DOT, MATIC, ALGO and XLM. Digital asset manager Grayscale Investments has unveiled a new cryptocurrency fund dedicated to smart contract platforms excluding Ethereum, underscoring growing investor appetite for alternative blockchain networks.  The Grayscale Smart Contract Platform Ex-Ethereum Fund, also...Continue Reading

“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere,” said Sheila Warren. Sheila Warren, CEO of the Crypto Council for Innovation and former head of data, blockchain and digital assets at the World Economic Forum, said the digital...Continue Reading

Layer 2 scaling solution Optimism has secured $150M in funding, which it will use to hire new developers and decrease fees on the Ethereum network. Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion.  According to...Continue Reading

Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do “business with Russia-based crypto wallets” amid the situation with Ukraine. Representative Brad Sherman will be introducing a bill in the House aimed at cracking down on United States businesses handling crypto transactions for Russian banks and individuals. Speaking...Continue Reading

The firm also highlighted that the Immutable X NFT marketplace deal is set to fetch the firm $150 million worth of IMX tokens upon the “achievement of certain milestones.” Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss...Continue Reading