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MATIC Rising: Why Investors Are Upbeat On This Crypto For 2023

[Dec 24, 2022 3:34 AM] The year 2023 looks promising for MATIC. At least, with the way Polygon’s development team are performing, the crypto looks poised for a better year ahead. Polygon, a Layer 2 scaling solution, has recently rolled out zkEVM public testnet…

Russian Parliament Postpones Adoption of Crypto Mining Bill

[Dec 24, 2022 2:30 AM] Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in…

MATIC Price Enters Recovery Mode But Can It Touch $0.90?

[Dec 23, 2022 9:40 AM] The MATIC price has remained bearish for most of this month. Presently, MATIC is attempting to correct its price. Over the last 24 hours, the coin is up by 2%. In the past week, however, the coin has depreciated by over 8%. Although, securing daily…

WAVES Gets Dragged Down By USDN, Despite Pumping Investor Distribution

[Dec 23, 2022 8:03 AM] There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down. WAVES is the native token of the Waves blockchain. According to CoinMarketCap, the token is up by 0.23% or…

Sheikh Hamad Salem Becomes a MaskEX Shareholder as Both Parties Collaborate to Develop a Smart City in the UAE

[Dec 23, 2022 6:00 AM] PRESS RELEASE. Sheikh Hamad Rakadh Salem Hamad Alameri, a well-known Sovereign Wealth Fund (SWF) member of the Royal Family in Abu Dhabi, United Arab Emirates, has officially become a MaskEX shareholder following the signing of a Memorandum of…

Italy and Albania Bust €15 Million Crypto Investment Scam

[Dec 23, 2022 3:00 AM] Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and…

Binance Launches Blockchain Education Program in Kazakhstan

[Dec 22, 2022 3:30 AM] Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the industry. Under an agreement with the government, the blockchain course will be added to the curricula of higher education…

VeChain Jumps By 4% As VET Investors Look To Profit Before Christmas

[Dec 22, 2022 2:35 AM] VeChain has seen a price pump of 4% or currently trading at $0.0161 in the last 24 hours, triggered by the increase in VET demand, data from Coingecko shows. With this scenario, if the buying pressure persists, VET could sprint towards its…

Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland

[Dec 21, 2022 6:00 PM] Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank…

SAND Experiences Increased Selling, But Traders Should Short At This Level

[Dec 21, 2022 5:00 PM] SAND, the SandBox, has been free-falling since the month of August. The coin has registered a severe decline in demand, which has caused the crypto to lose further value. The asset has pierced through various support levels over the past few…

No Santa For Cryptos This Year: Large Cap Coins Touch December Lows

[Dec 21, 2022 3:26 AM] As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors…

BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

[Dec 21, 2022 1:30 AM] The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money…

Bank of Russia to Test International Crypto Payments With Companies

[Dec 20, 2022 5:30 PM] The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under…

Binance Controversy Continues As Experts Warn Of Serious Fallouts Due To FUD

[Dec 19, 2022 4:30 AM] Binance rumors were the all-dominant topic last week after the FOMC meeting. Rumors of insufficient proof of reserves and the pullback from accounting firm Mazars, allegations of a bank run and insolvency, as well as CZ’s interview on CNBC…

Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say

[Dec 19, 2022 1:00 AM] Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use…

Israeli court rules authorities can seize crypto in 150 blacklisted wallets

[Dec 18, 2022 9:04 PM] Over 150 crypto wallets blacklisted for alleged links to the funding of terror groups can now be drained of all funds following a ruling by an Israeli court.

Onecoin Co-Founder Pleads Guilty to Fraud Charges in US

[Dec 18, 2022 9:00 AM] Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in custody since 2018 when he was arrested in…

Binance to Help Azerbaijan With Crypto Regulations

[Dec 18, 2022 5:00 AM] Cryptocurrency exchange Binance has offered to support Azerbaijan in efforts to establish regulations for digital assets. The leading coin trading platform has been active in the region this year, seeking to expand market presence and increase…

National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge

[Dec 17, 2022 11:00 PM] The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction did not identify significant risks for the country’s…

The Bulls Could Be Back For Solana If It Remains Above This Level

[Dec 17, 2022 10:30 AM] Solana price has displayed a completely bearish price thesis on the one-day chart. In that same timeframe, the coin declined by close to 9%. The depreciation in value might continue as the technical outlook points in the same direction. With the…

Uniswap Stuck In The Ground As UNI Copes With Falling Network Activity

[Dec 17, 2022 8:28 AM] According to Santiment, the decentralized exchange Uniswap has not experienced any kind of recovery. Santiment recently tweeted that Uniswap is one of the outliers in the active addresses measure, indicating that the DEX’s native token UNI is…

Shiba Inu (SHIB) Price Continues To Decline – What’s Causing The Drop?

[Dec 17, 2022 7:58 AM] The past few days have seen a decline in the price of crypto assets such as Shiba Inu (SHIB), with inflation and other macroeconomic factors in play, as other cryptocurrencies registered gains. Macroeconomic factors have historically impacted…

What’s Next For Investors As Cardano Threatens To Slip Further?

[Dec 17, 2022 7:10 AM] The Cardano price continued to depict a strong bearish influence in the market. The coin lost over 7% of its value over the last 24 hours. On a weekly time frame, ADA was down by 14%. The extended price pullback might continue, so investors should…

Japanese Government To Ease 30% Crypto Tax Requirement – A Good Move?

[Dec 16, 2022 2:26 PM] Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business…

Glassnode Raises Concerns Over Binance PoR Data, Was There A Mistake?

[Dec 16, 2022 11:00 AM] Binance, as one of the leading crypto exchanges, tried to exhibit transparency in its operations, especially on the security of customers’ funds. This led it to publish its proof of reserve (PoR) reports. However, the collapse of some firms…

ADA Price Sheds 5% In The Last 7 Days Even As Trade Volume Soars

[Dec 16, 2022 8:37 AM] Cardano has been on the downside since ADA reached an all-time-high of $3.10 back in September 2021. As of writing, the 9th top crypto has dropped 5% in the last seven days. In comparison, major cryptocurrencies like Ethereum lost over 4.5%, and…

Web3 community shares tips for a successful GameFi project

[Dec 16, 2022 7:50 AM] From creating e-sports competitions with huge prize pools to making game tokens more relevant to holders, members of the community share their thoughts on GameFi.

Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch

[Dec 16, 2022 4:30 AM] Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States…

This Asset Management Firm Raises Over $70 Million Amid Crypto Winter

[Dec 16, 2022 3:00 AM] Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody…

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions

[Dec 15, 2022 8:30 PM] The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the…