Get comprehensive coverage of the cryptocurrency industry with our news selection. Whether you’re a seasoned investor or just a novice crypto enthusiast, The Coinomist has the news and insights you need to stay informed. From Bitcoin to DeFi, we’ve got you covered.
Oklahoma State Senators John Montgomery and Ryan Martinez have proposed a draft law that would cut miners’ electricity and hardware costs due to $5 million in subsidies.
The co-founder and executive chairman of Ripple joined an environmental campaign by donating $5 million to make changes to Bitcoin’s code.
At the end of March, the US Securities and Exchange Commission presented to the public new rules for exchanges. Regulatory failures in the sphere that experts still consider excessively risky were a premise of the updates.
The second-largest bank in Italy is facing a $144 million fine after losing a case against a crypto mining company Bitminer Factory.
The Ronin blockchain network connected to the popular Axie Infinity online game is the latest victim of crypto hackers who have managed to secure one of the biggest snatches to date.
The details of the Shiba Inu metaverse have become known. Initially, the project was supposed to be launched under the name Shibverse, but later it was changed to SHIB: The Metaverse. The developers plan to use all existing ecosystem tokens. The team expects its own metaverse to become a powerful tool for the development and popularization of Shiba Inu.
This sum was collected on the first day of digital art sales. This was stated on official pages of Deputy Prime Minister of Ukraine and Minister of Digital Transformation Mykhailo Fedorov.
Aimed to support entrepreneurs and artists who seek to integrate the NFT technology into their work and businesses, the American financial service corporation created the “Visa Creator Program”.
Cardano’s popularity in the crypto-verse is increasing. According to a report by the crypto intelligence firm IntoTheBlock, the number of large transactions on the Cardano blockchain has seen a 50 fold increase this year.
The Dubai-based Citizens School, starting in September 2022, offers to pay for education with cryptocurrency. It will be a pioneering school in the Middle East, providing parents with flexible payment options in both fiat and digital money.
In India, the Directorate General of GST Intelligence (DGGI) seized $12.6 million from 11 cryptocurrency exchanges. The main reason for the seizure was the charge of tax evasion.
A non-fungible arrest warrant token of the South African democracy icon sold for $130,000 at an auction for the Liliesleaf Museum.
The coming weeks will be decisive for the British crypto industry. The UK government plans to present to the public a strategy for regulating the crypto market. According to industry sources who wish to remain anonymous, special attention will be paid to the legal regulation of the sector and stablecoins.
The Japanese government has stated that it will look for an opportunity to close any backdoors for sanctions evasion against the Russian Federation. On Monday, the Japanese government made a statement that the country’s currency legislation will be revised in order to prevent Russia’s attempts to evade Western sanctions restrictions with cryptocurrency assets. For this purpose, during the next meeting of the Japanese Parliament, the Kishida government will revise the Law on Foreign Exchange and Foreign Trade. This was reported to the Reuters news agency by Hirokazu Matsuno, chief secretary of the Cabinet of Ministers of Japan.
On Thursday, a meeting of shareholders took place, at which it was decided to integrate the blockchain into the company’s development plan. According to the Korean JoongAng Daily media resource, the corporation’s charter refers to the “development and sale of blockchain-based software” and “the sale and mediation in cryptocurrency.”
The United States Securities and Exchange Commission’s (SEC) legal dispute against Ripple Labs, and individual defendants including CEO of Ripple Labs Brad Garlinghouse and co-founder Chris Larsen, continues to garner attention. On March 24, the court granted the SEC an extension to submit a discovery schedule relating to the case, marking a small victory for the American financial watchdog.
The journalistic cliché that “the DeFi world was rocked by a hack” could be used again.
On March 21st, Google applied for the “Non-Fungible Planet” patent, which by name correlates with non-fungible tokens (NFTs) in the cryptocurrency sphere. However, this project will not be related to the crypto industry and intends to highlight problems related to climate change.
American actor Sylvester Stallone will release a collection of NFTs, as well as provide some NFT holders with the opportunity to meet in person.
As part of crowdfunding for the military forces, the Ministry of Digital Transformation of Ukraine, together with Ukrainian and foreign artists, created an NFT museum about the events of the Russian war against Ukraine.
Thailand will prohibit the use of digital assets as means of payment for goods and services. The cryptocurrency sector remains a controversial phenomenon in Thailand. Now the authorities are planning to introduce a ban on cryptocurrency as the form of payment from April 1, as they believe that this could endanger the country’s financial sector and economy.
Goldman Sachs became the first major US bank to conduct an over-the-counter crypto transaction.
Colombian traders sued Binance due to the blocking of funds. Over 20 individuals claim that the Binance crypto-exchange blocked their accounts due to the request of the Dutch public bodies.
The Central Bank of Canada has joined forces with the Massachusetts Institute of Technology to conduct research on a central bank digital currency (CBDC).
According to a recent report by the United Nations Office on Drugs and Crime, some known drug cartels of the new generation such as Jalisco and Sinaloa are increasingly using cryptocurrencies in their criminal activities as new digital assets have become a convenient financial tool.
A spring cleaning turned into a costly crypto accident when a woman unknowingly threw away a USB drive holding £3 million in Bitcoin.
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.
