In Bitcoin.com News’ inaugural newsletter featuring the biggest crypto and economic news stories from Africa, the head of an African regional central bank, Herve Ndoba, implores the bank’s board to introduce a common digital currency. At the same time, the regional bank warned that the Central African Republic’s bitcoin law is incompatible with regional laws. Meanwhile, Kenyan activists have said…
Month: July 2022
DeFi Tokens Curve, Lido, ChainLink Jump Double Digits as Crypto Market Rebounds
The wider crypto market is largely in the green on Friday, with several blue-chip decentralized finance (DeFi) tokens doing especially well. CRV, the governance token of the decentralized exchange Curve, is up 15.58% over the past 24 hours, as it hit a monthly high of $1.56 before backtracking to $1.49 at the time of writing, according to CoinMarketCap. With a…
Greek Police Scramble to Catch Onecoin’s ‘Cryptoqueen’ Ruja Ignatova, Local Media Reports – Bitcoin News
Law enforcement in Greece has recently tried to locate Ruja Ignatova, founder of the infamous Onecoin pyramid scheme. According to a leading Greek daily, investigators acted on intelligence suggesting she was still in the country. Also known as ‘Cryptoqueen,’ Ignatova was last seen boarding a plane to Greece several years ago. Authorities in Athens Try to Find ‘Missing Cryptoqueen’ Who…
Bitcoin bull run 'getting interesting' as BTC price hits 6-week high
Bitcoin price performance is taking in increasingly higher resistance levels as July gains could top 20%. Source: https://cointelegraph.com/news/bitcoin-bull-run-getting-interesting-as-btc-price-hits-6-week-high
Pat Toomey blames the SEC for crypto ending platform crisis
According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lending platform, that froze their deposits in June. An official letter from Toomey to SEC Chairman Gary Gensler, dated by July…
Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy – Mining Bitcoin News
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry of Energy has changed certain…
Marriages and court cases can be held in the metaverse
Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. Source: https://cointelegraph.com/news/marriages-and-court-cases-can-be-held-in-the-metaverse
Is Bitcoin A New Type Of Property? – Bitcoin Magazine
The below is a direct excerpt of Marty’s Bent Issue #1243: “Is bitcoin the emergence of a new type of property in the eyes of the law?” Sign up for the newsletter here. Preston Byrne puts forward a solid argument that bitcoin will eventually be labeled as a new type of property and its understanding could be different in the…
Professional soccer club Crawley Town FC signs midfielder after NFT hodlers vote
Professional English soccer team Crawley Town F.C. have followed through on a community vote by fans and NFT holders who were recently given a voice on what type of player the team should recruit next. The vote, which took place on June 15, which was the first team decision opened up to fans, took place for verified NFTs hodlers via…
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation – Economics Bitcoin News
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region is facing. The institution believes that the economic recovery that Latam is enjoying after the Covid-19 pandemic will be decelerated by several factors, including the macroeconomic conditions, rising inflation, and…