Finance Ministry official says an upcoming bill may provide local infrastructure a allow businesses to negotiate the use of cryptocurrencies in international trade on their own. A Russian Finance Ministry official has provided new details about a bill on digital currencies, whicht is currently being drafted. The bill provides local infrastructure for settlements and regulation...Continue Reading

The Federal Reserve’s rate hike spree will likely spoil XRP’s most bullish fundamentals in years. XRP pricewas wobbling between profits and losses on Sep. 19 despite hopes that Ripple would eventually win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC). Ripple and the SEC both agreed to expedite the lawsuit on Friday...Continue Reading

“Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all,” a core team member wrote. On Monday, decentralized autonomous organization Panda DAO put forth a new proposal to dissolve itself and return assets back to investors. According to the seven-point referendum, between 500 million...Continue Reading

According to Interpol, there are currently 7,151 individuals publicly named on the agency’s Red Notice list out of 69,270. South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a ‘Red Notice’ — suggesting global law enforcement agencies may attempt to find and detain him. According to...Continue Reading

Vogue Singapore and other fashion platforms are creating Web3 communities for users, but will the concept catch on? A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar...Continue Reading

Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June. Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing Ethereum (ETH) in users’ daily transactions...Continue Reading

On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022. Bitcoin (BTC) and Ethereum’s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of...Continue Reading

Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October. Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin. WazirX officially announced on Monday...Continue Reading

Gaming companies Zebedee and Thndr are taking advantage of the Lighting Network, atop Bitcoin, to entertain and onboard gamers into Bitcoin. You can now play Solitaire, Snake and even Counter-Strike to earn Satoshis, tiny fractions of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin and Zebedee, a...Continue Reading

Pension funds, insurance companies and other institutional investors matter because they invest for the long term, helping solve crypto’s volatility problem. Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital.  And from a purely technical standpoint, the blockchain network’s transition from a proof-of-work (PoW) to...Continue Reading