The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch Wants Crypto Outrightly Banned in India The Swadeshi Jagran Manch (SJM), the Indian economic, political, and cultural organization affiliated…
Former U.K. chancellor of the exchequer Lord Hammond has reportedly warned about investing in cryptocurrencies. He said, “It’s gambling money,” noting that “people should be extremely cautious” and “Many regard them as closer to gaming than serious investing.” Nonetheless, he is currently serving as a senior advisor to a crypto firm. Former British Chancellor of the Exchequer Warns About Investing…
The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to be tackled before Q2 of…
Was 2021 a good year? Depends, as most things do, on perspective. As I sat writing the first line of this article, I asked myself this question. Now, this article might sound harsh at times, and I just ask that you stick with me. There’s a method to my madness. As we progress through the months of this year, keep…
Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates persistence, and spawns a watchdog process to maintain its activity,” the firm explained. Beware When Downloading Spider-Man: No Way Home Movie From a Torrent Website Cybersecurity firm Reasonlabs…
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across the country to increase with…
2021 has been a year of major events. We’ve experienced the ongoing global pandemic, widespread and extended lockdowns, significant supply chain disruptions, and unprecedented monetary stimulus from central banks. For cryptocurrency, 2021 saw several major breakthroughs in institutional adoption, along with price appreciation. Our 2021 year-end review highlights the most significant developments and changes seen this year, as well as…
Illustration by Mitchell Preffer for Decrypt This being the week of Christmas, Crypto Twitter wasn’t its usual raucous and polyphonic self. There were fewer announcements, attacks, and gossip than usual. But one debate dominated the chatter: former Twitter CEO Jack Dorsey took on Web3’s venture capitalists and found an ally in Elon Musk. And it all happened after Cardi B…
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New Measures Seek to Protect Internet…
For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie. It was also a great year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization reached all-time high prices multiple…
