In a Friday press conference, Central Bank of Russia governor Elvira Nabiullina further escalated the fear, uncertainty, and doubt (FUD) surrounding the state of crypto regulation in the country. When asked about the rise of digital assets, Nabiullina gave the following remarks, as reported by local news outlet finmarket.ru and translated by Cointelegraph: You know that our attitude towards cryptocurrencies is…
Apparently, it only took a pandemic for the writers behind the animated TV series South Park to offer their take on nonfungible tokens (NFTs) and cryptocurrencies… and it’s not a positive outlook. In its “Post COVID: The Return of COVID” special that aired Thursday, South Park depicted one of the show’s protagonists, Leopold “Butters” Stotch, also known as Victor Chaos,…
DeFi enthusiasts can now deposit Ethereum and earn their interest back in stablecoins like DAI or even DAI on Vesper Finance, which has rolled out a whole batch of crypto pairs through which users can mix and match deposits and interests. Vesper is a lending platform that lets users earn interest in various cryptocurrencies. Before today, interest could only be…
Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day bull run. Source: TradingView The gains surfaced primarily as Yearn Finance revealed that it has been buying back YFI en masse since November…
The United States Securities and Exchange Commission continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices. On Wednesday, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF. The SEC now expects to decide whether to approve…
beginner Changelly announces the addition of another token to the family of over 200 cryptocurrencies available on the platform. From now on, ALPACA tokens can be easily and quickly exchanged at floating rates. ALPACA is the token delivered by Alpaca Finance. It is used to reward the project’s participants and bootstrap the ecosystem. Alpaca amplifies the liquidity layer of integrated…
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively working on the country’s crypto regulation. $43 Billion in Trading Volume, 82% of Users Earned Profit…
On Friday, Polygon (MATIC) and Alexis Ohanian’s venture capital firm Seven Seven Six announced a $200 million initiative backing projects operating at the intersection of social media and Web 3.0. The initiative will focus on gaming applications and social media platforms built on Polygon’s infrastructure. Alex Ohanian co-founded Reddit in 2005, left in 2010, and returned as executive chairman in…
DeFi project Vesper Finance now lets users deposit one cryptocurrency and earn interest in another thanks to its new Vesper Earn product. Source: https://decrypt.co/88600/lend-bitcoin-earn-ethereum-new-vesper-finance-update
I came to the Sandbox Alpha for the musical experiences of Snoop Dogg and Deadmau5. It was awesome dancing with my voxelated avatar: green hair, pink sports bra, denim shorts, yellow stockings, and red shoes. All with the insane creatures around me dancing, and the feeling of indulging in a real concert with flashing lights and pounding beats. I thought…
