With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians […]
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new […]
A Turkish prosecutor is pursuing jail time of up to 40,000 years for 21 defendants associated with Thodex crypto exchange, according to the indictment filed on Thursday. Thodex, a crypto firm based in Turkey, announced […]
The last week of March has probably been one of the best for crypto this year. Coins have been on the rise and it seems the momentum is not about to slow down. But as […]
Michael Saylor, CEO of business intelligence firm MicroStrategy, believes that the financial market is not ready to have a Bitcoin-backed bond. Meanwhile, El Salvador has postponed the launch of its BTC-backed volcano bonds. Now is […]
It feels like an eternity ago when Ethereum (ETH) bottomed close to $2000. But things have started to look up, and ETH has rebounded sharply. The coin is now well above $3000, and it is […]
In brief The Stablecoin Transparency Act would require stablecoins to be fully backed by dollars or short-term government securities. Stablecoin issuers would also have to publish audited reports. Remember the whole hubbub about Tether only […]
There are now signs that the crypto market is on a path toward full recovery. After a terrible start in 2022, a lot of coins in the market have started to show positive momentum. We […]
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 […]
In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective date of the capital gains tax set for 1 April 2022. That has been clear since. But what else might crypto […]
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