Bank of Russia Says Stablecoins Are Not Suitable for Settlements
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a…
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found…
Report: South Africa’s Famed Krugerrands Collection Set to Be Tokenized
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200.…
Celsius Settles the Debt on Aave to Free Its Tokens
Celsius Settles the Debt on Aave to Free Its Tokens According to the transaction details found on the blockchain, Celsius has paid off its entire loan to Aave and freed…
Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The… ]…
When Will The Bear Market End?
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last. The below is…
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will…
Tothesmart Is an Exclusive New Smart Contract Built on the Binance Smart Chain Blockchain
PRESS RELEASE. Now there is no need to buy expensive equipment and pay for electricity, you can simply buy virtual miners from Tothesmart and earn up to 5% per day…
Fifth Largest Swiss Bank To Enable Bitcoin Trading For Over 2 Million Customers
The banking arm of the Swiss post office and fifth largest Swiss retail bank is set to launch bitcoin trading and custody services by 2024. The fifth largest retail bank…
China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing
Some Chinese bank clients, whose accounts were frozen in April, were injured while staging a protest at the Zhengzhou branch offices of the country’s central bank. Reports from local media…