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Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

[Dec 5, 2022 1:00 AM] A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the…

MANA Bloats 3.5% In Last 24 Hours, And Traders Now Smell Profit

[Dec 3, 2022 8:00 AM] MANA, the cryptocurrency used as payment for goods and services in the metaverse project Decentraland, has already lost 33% of its value over the last 30 days. After going all the way up to $0.7339 on November 5, the asset was on a consistent…

BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit

[Dec 2, 2022 6:30 AM] Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar…

Italy Wants to Tax Crypto Gains at 26% From 2023

[Dec 1, 2022 8:30 AM] The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and…

National Bank of Ukraine Unveils E-hryvnia Concept

[Dec 1, 2022 2:30 AM] The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail…

Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours

[Dec 1, 2022 1:50 AM] Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The…

MATIC Price Prediction: Bulls Aim Fresh Rally To $1.12

[Nov 30, 2022 11:38 PM] MATIC price started a fresh increase from the $0.765 support zone. Polygon bulls are now aiming a fresh increase above the $1.00 resistance zone. MATIC price started a decent increase above the $0.90 resistance against the US dollar. The price is…

Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

[Nov 29, 2022 3:00 PM] Cryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated…

Cardano Registers Milestone With More Than 7 Million Native Tokens

[Nov 29, 2022 3:30 AM] Cardano (ADA) has failed to take advantage of a significant network milestone it recently achieved as the digital asset continues to struggle in pushing its price to higher levels. At the time of this writing, the cryptocurrency was changing hands…

Polkadot (DOT) Clings To $5 Level Despite Unforgiving Bear Market

[Nov 29, 2022 1:43 AM] Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX…