sponsored Upland is a mobile-first blockchain metaverse that allows users to buy virtual properties based on real world addresses, build on those properties to increase their value, and sell them to increase their virtual real estate portfolio. Upland has the unique position to attract mass markets due to the fact that the economy is built to be open and inclusive.…
Month: August 2022
gm: Sam Bankman-Fried, Crypto Savior?
FTX CEO Sam Bankman-Fried is the man of the moment in crypto as he has bailed out multiple insolvent companies. Some are calling him Atlas, some sarcastically calling him savior. Sam answers tough questions from Dan Roberts and Stacy Elliott on FTX’s bailout strategy, the controversial Voyager loan, his market outlook, marketing mistakes by crypto lenders, FTX competitors Binance and…
Mailchimp bans crypto content creators without prior notice
The email marketing platform Mailchimp appears to have suspended its services to crypto content creators. Platforms associated with crypto news, content, or related-services started to have issues logging into accounts, followed by notices of service interruptions which began surfacing this week. Crypto-associated accounts such as the Edge wallet, a provider of self-custody crypto holding services, and Messari, a crypto research…
Fallout from crypto contagion subsides but no market reversal just yet
The blockchain industry showed some surprising resilience in July, which may point to a period of greater fundamental support for the crypto space overall in the short term. In looking at a wide variety of indicators, including Bitcoin’s (BTC) price action, open interest on Ether (ETH) and activity in GameFi, there are some strong signals to suggest that a bullish…
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment – Regulation Bitcoin News
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in the transaction are derived from a virtual asset” must also be reported. Identification Documents…
Russia plans to roll out digital ruble across all banks in 2024
The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official digital ruble rollout in a few years. According to the Bank of Russia’s latest monetary policy update, the authority will begin to connect all banks and credit institutions to the digital ruble platform in 2024. That would be an important…
Tornado DAO Grapples With Arrests as Discord, Governance Forum Go Dark
The Discord server and Tornado DAO governance forum linked to the recently sanctioned crypto mixing service Tornado Cash appear to have been disabled. Tornado Cash is an Ethereum-centric mixing tool which was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control on Monday. Following the crackdown, crypto projects throughout the ecosystem have struggled with how to reckon with the…
ETC Nears 4-Month High, LINK Hits Highest Point Since June – Market Updates Bitcoin News
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month high earlier in the day. Ethereum Classic (ETC) Etherum…
‘Welcome to the War on Code’: Crypto Twitter Reacts to Arrest of Alleged Tornado Cash Dev
Today’s news of the Netherlands Crime Agency (FIOD) arresting a “suspected” Tornado Cash developer is making waves on social media, with the crypto community and privacy advocates decrying the move as a declaration of war on those who simply write code. “I’m short of words. I’m short of breath. They detained him for writing code. Writing code. These terrorist organizations…
FTX partners with Paradigm for ‘one-click’ futures spread trading
Digital asset investment firm Paradigm has announced the launch of spreads trading in partnership with crypto exchange FTX. In a Friday blog post, Paradigm said under the FTX partnership users would be able to utilize “one-click” trading with “no leg risk” for the spread between spot, perpetuals and fixed maturity futures on Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX),…