After crashing to their lowest prices since summer 2020 last week, Bitcoin and Ethereum have begun to recover. The world’s two biggest cryptocurrencies are both up around 8%. Bitcoin currently trades at around £36,400, about 8% higher than it was this time yesterday, but around 10% down from Tuesday last week, when it traded for over $42,000. Ethereum is worth…
Month: January 2022
Flushing Bank to Offer Bitcoin Services
Flushing Bank customers will soon be able to buy, sell, and hold bitcoin directly within their online banking accounts.The NY State-chartered bank will enable the functionality in Q1 through NYDIG and Q2 Holdings.Q2 provides digital banking solutions to Flushing Bank. Flushing Bank, a New York State-chartered commercial bank, will offer Bitcoin services to its customers in Q1 2022, the company…
YouTube CEO Hints at NFT Integration in Letter to Creators
YouTube CEO Susan Wojcicki has suggested that the company is considering the possibility of “expanding” YouTube’s offering to include NFTs. In her annual letter to creators, Wojcicki stated that the platform was interested in “expanding the YouTube ecosystem”, and indicated that this expansion could include “things like NFTs.” It’s unclear what form NFTs on YouTube would take, but the primary…
Crypto firms ignore Africa at their peril as continent set for major adoption
Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a continent where a growing list of mainstream financial entities have continued to make their presence felt, as they have begun…
New private messaging app claims to be decentralized and quantum-resistant
The new private messaging app called ‘xx messenger’ has been developed by renowned cryptographer David Chaum and it claims to be quantum-resistant. The messenger claims to be quantum-resistant, making it able to shield message content from all currently known decryption efforts. This would protect sender, receiver, and their location data from being intercepted or tracked by unwelcome interlopers. The app…
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government – Regulation Bitcoin News
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The Central Bank of Russia’s lobbying…
Thai regulators team up to issue guidelines on digital assets payments
The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together to review and issue guidelines on the use of digital; assets as a payment tool. In a joint press release on Tuesday, Thailand’s top regulatory bodies said that it has become necessary to review and regulate digital assets as a…
Paris Hilton Gives NFTs Away on Jimmy Fallon’s Tonight Show
Paris Hilton gifted every audience member with a non-fungible token (NFT) during her recent appearance on Jimmy Fallon’s “The Tonight Show.” Her announcement came during a conversation with Fallon about her upcoming NFT collection called “Forever Fairytale,” a collection of memories with husband Carter Reum. “I think people are gonna love this,” Fallon said before Hilton replied, “You love it…
Spellfire to Huobi Primelist on January 27th – Sponsored Bitcoin News
sponsored Spellfire is gaining momentum. The legend is back better than ever. Chase the $SPELLFIRE on the most prestigious launchpads – 25th @Daomaker and on the 26th @GameFi. Right after the launchpads, Spellfire is listing on Huobi Primelist on the 27th, one of the world’s leading crypto exchanges. Gaining a Prime List on Huobi ensures that Spellfire continues building on…
Russian finance ministry official calls for crypto regulation, not restriction
In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it. His support is a response to the Russian central bank proposing a blanket ban on crypto mining and trading. According to Chebeskov,…