Phone-focused blockchain Celo launched cREAL, a stablecoin pegged to Brazil’s local currency, the real. As of Thursday, cREAL will be available on Brazil-based crypto exchanges Ripio, FlowBTC and NovaDAX. Crypto wallets Bitfy and Coins will also support the stablecoin. NovaDAX users will be able to spend cREAL with the prepaid crypto card issued by the …
The Biden administration will release an executive order for cryptocurrencies in February, Bloomberg reported. Federal agencies are to be tasked with assessing the risks and opportunities that digital assets pose. Senior administration officials will present the plan to Biden in the coming weeks, the report said. The White House is putting together an executive order …
Russia must ban cryptocurrencies, the country’s central bank said in a report released Thursday. The report, “Cryptocurrencies: trends, risks, measures,” was presented during an online press conference with Elizaveta Danilova, the director of the Bank of Russia’s Financial Stability Department. The report says cryptocurrencies are volatile and widely used in illegal activities such as fraud. …
The UK government published plans to strengthen the rules on crypto advertisements and protect consumers from misleading claims today. At the moment, an estimated 2.3 million people in the UK own a crypto asset and their popularity is on the rise. Research suggests that not all users fully understand what they are buying when buying …
Bank of America digital asset strategist Alkesh Shah has predicted that Ethereum competitor Solana could become the “Visa of the digital asset ecosystem” in a Tuesday research note. The Solana network launched in 2020, and its native token, SOL, has since grown into the fifth-largest cryptocurrency with a market capitalization of $47 billion. An order …
As the Fed pushes ahead with its crypto investigation into a digital dollar —which would create competition for major cryptocurrencies, such as bitcoin, ethereum, solana, XRP, and BNB—one congressman is seeking to ban government-issued digital currencies. This past Wednesday, Minnesota Republican Representative, Tom Emmer, introduced a bill that would put a damper on the Fed’s …
Not for Profit layer-1 blockchain developer, NEAR foundation has recently announced they’ve secured $150 million in a funding round. The main investors are all well known cryptocurrency investment firms. They include, Dragonfly Capital, Three Arrows Capital, Amber Group, Mechanism Capital, Andreessen Horowitz, Mechanism Capital, and other crypto centered investors. NEAR foundation is preparing to enter …
Cryptocurrency payments for real estate are taking off, according to Upnest.com. And it’s not just bitcoin. Real-estate developer, Harbor Custom Development, will start accepting cryptocurrency payments for its developments, starting Jan. 24, 2022. The company will accept Bitcoin, Ethereum, USDC, XRP, DOGE, SHIB, Binance USD, Wrapped BTC, Litecoin, Dai, Bitcoin Cash, Pax Dollar, and Gemini …
Even though crypto markets are struggling right now, Metaverse crypto coins are holding support well, with some gaining over 1000% in the past 7 days. This article looks at our handpicked top ten Metaverse crypto coins that could propel your wealth in 2022, ordered by the current market cap, lowest to highest. 10 Verasity (VRA) …
The idea of the metaverse has rapidly seized the public conversation, for good or bad, and is a recurring theme in a good number of crypto conversations. Even with all of this conversation, however, there still is a gap between what crypto native organizations or experts perceive the metaverse to be, and what the – …
The value of digital assets along with the technology infrastructure that it supports can no longer be ignored, as reflected in the landmark increases in cryptocurrency participation we saw in 2021. Digivault, the digital asset custody business within Nasdaq-listed cryptocurrency exchange, has achieved a 30-fold increase in assets under custody in the 2021 calendar year. …
The United States Securities and Exchange Commission has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset securities” in an initial coin offering (ICO) his company had conducted in 2018. The SEC alleges in a Thursday complaint that Sproule’s company, Metavine Inc., which operated the ICO …