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Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia to Issue Report on […]

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Crypto.com Becomes 1st Crypto, NFT Partner with Women’s Professional Sports Team Angels FC

Crypto.com Becomes 1st Crypto, NFT Partner with Women’s Professional Sports Team Angels FC

Crypto.com, the world’s fastest-growing cryptocurrency exchange headquartered in Hong Kong, announced on Tuesday that it has partnered with Los Angeles’ Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs. This cooperation aims to expand the access and awareness of cryptocurrency, blockchain, and Web3 technologies to the entire Los Angeles football fans, ACFC players, and also

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NEAR Token Jumps Over 20% After UST Integration

NEAR Token Jumps Over 20% After UST Integration

Tokens of the layer 1 blockchain are up 23% after Terra said its UST stablecoins would be supported on the network. Tokens of Near (NEAR) jumped 23% to $10.80 on Wednesday after an integration with decentralized payments network Terra was announced by developers on Tuesday night. Terra’s UST tokens – stablecoins whose value is algorithmically pegged on

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MEDIA IS ADOPTING A BITCOIN STANDARD

MEDIA IS ADOPTING A BITCOIN STANDARD

Bitcoin is revolutionizing media, as evidenced by the capabilities of podcasting 2.0 on the Lightning Network. Bitcoin is revolutionizing media and very few people are paying attention. Your Uncle Marty is becoming more convinced of this by the day. Especially as he gets more acquainted with Podcasting 2.0, the current killer app of smart contracts

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Smart Contract Applications in the Insurance Industry

Smart Contract Applications in the Insurance Industry

The insurance market is a top influencer within the whole global economy. Businesses, ordinary citizens, healthcare firms, and even government institutions all need varieties of insurance. But despite the substantial size of the market, the current insurance structure is bulky and lacks rapport between parties and stakeholders. Building smart contracts for insurance instead of drafting

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5 Best Payment Gateways for International Transactions

5 Best Payment Gateways for International Transactions

What is an international payment gateway? A payment gateway is a tool that businesses use to confirm their client’s card details, making them vital for offline or online companies that authorize credit/ disbenefit card payments. Indeed, if you ’ve got a payment processor and a trafficker account – two of the crucial pieces of software

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Binance joins fresh crypto hub by Dubai World Trade Centre

Binance joins fresh crypto hub by Dubai World Trade Centre

Binance will assist crypto exchanges and businesses to become licensed in Dubai in cooperation with the local government. The world’s largest cryptocurrency trading platform, Binance, is among the first crypto exchanges to join a new crypto hub established by the Dubai World Trade Centre Authority (DWTCA). Binance officially announced it had signed a memorandum of

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Inside China’s underground crypto mining operation, where people are risking it all to make bitcoin

Inside China’s underground crypto mining operation, where people are risking it all to make bitcoin

KEY POINTS China cracked down on its domestic crypto mining industry in May, but many miners have figured out ways to continue operations and evade detection. Experts estimate that as much as 20% of the worldwide bitcoin network remains in China. As hydropower dams dry up in the provinces of Sichuan and Yunnan, miners are

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Private Cryptocurrencies May Soon Vanish From Russia

Private Cryptocurrencies May Soon Vanish From Russia

Privately run cryptocurrencies may soon no longer be used in Russia’s financial markets. According to Russia’s TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies might soon go out of existence in the financial markets. “I’ll give you a hint: We do not see room for cryptocurrency on the Russian financial market,”

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Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse

Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse

Elon Musk, CEO of Tesla, has criticized the current state of the metaverse and the Web3 movement, suggesting the latter concept is a “marketing buzzword.” The crypto influencer also posted a video of David Letterman making fun of the early internet in an interview with Bill Gates, and wondered what the future will bring. Musk

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