The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the Modi government is working on a regulatory framework for cryptocurrencies in India. India’s Prime Minister Modi on Bitcoin and Cryptocurrency Indian Prime Minister Narendra Modi talked about cryptocurrency, specifically bitcoin,…
Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement with Blue Safari Group Acquisition Corp. for a business combination of Blue Safari and the miner. According to the announcement, the two firms are expected to merge and be renamed Bitdeer Technologies Group, retaining their NASDAQ stock market listing.…
Time Magazine, the media company that has been an American institution for almost a century, is partnering with Mike Novogratz’s Galaxy Digital in an effort for its readers to explore the metaverse. In a Thursday announcement, Time said the partnership with the investment management firm was aimed at educating its readers about the metaverse. The long-running magazine will be releasing…
The Russian central bank continues disclosing more details about its upcoming digital currency, now reportedly planning to take commissions for the digital ruble transactions. The fees for Russia’s central bank digital currency (CBDC) transactions will be lower than those of wire transfers, Bank of Russia’s director of financial technologies department Kirill Pronin reportedly said. Pronin elaborated that the CBDC transactions’…
beginner Mining is one of the most popular ways to make money with crypto. However, it has been steadily becoming less and less profitable as time goes on. Despite this, mining is one of the most essential components of the crypto world, both because of its necessity for the normal functioning of the blockchain, and because of its near-cult status.…
beginner Changelly expands the family of over 200 cryptocurrencies available on the platform, introducing the AUCTION token and offering an opportunity to easily and quickly exchange it at floating rates. Being a native platform token of Bounce Finance, AUCTION facilitates platform operation, utility capture, and value realization. The AUCTION token has no monetary value, yet it incorporates economic and game…
The UK’s Advertising Standards Authority (ASA) is investigating Floki Inu cryptocurrency ads which have appeared on the London Underground in recent weeks, according to The Guardian. “While I can’t go into specifics at this time, I can confirm that we are currently investigating Floki Inu,” an ASA spokesperson reportedly said. News of the ASA investigation comes just days after Sian…
Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world. He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film, Blockchain City, is far from an underground production. The…
European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush. This third funding round represented their highest raise to date, following seed funding of $2,5 million in May 2019 and Series…
In brief Solana’s DeFi scene is growing. Cypher hopes to be the go-to synthetic futures protocol for the network. Sure, perpetual futures are great. But where do you go when you really need that expiratory futures fix on Solana? How about Cypher, the futures protocol that wants to bring a new set of traditional finance opportunities to decentralized finance (DeFi)…
