Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. 1211 Total views 34 Total shares Own this piece of history Collect this article as an NFTOn a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to

Opensea Unveils New Features for Creators

By Philip Maina4 hours agoSat Feb 04 2023 09:31:21 Reading Time: 2 minutes Leading NFT marketplace Opensea has launched new tools to simplify creators’ journey Among the features is the ability to conduct a phased minting process Opensea wants to use the tools to strengthen the bond between the marketplace and artists Leading NFT marketplace

Market Potentials, Very Many Scams, FTX Relations and 20 Crypto Jokes

This week in crypto: Bitcoin’s seventh “golden cross” in 10 years neared, crypto whales discussed which altcoins would take the crypto world by storm, crypto analysts discussed which altcoins had huge potential, crypto assets under management surged 36.7% in January but Grayscale’s situation remained “delicate”, and Ark Invest CEO Cathie Wood stood by her thesis

Genesis Upgrade: Bitcoin’s rebirth

February 4 is a special day for Bitcoin, but only those in the Bitcoin SV (BSV) ecosystem fully understand why. While the original Bitcoin protocol was released on January 3, 2009, with the infamous and much-misunderstood Times headline in its Genesis block, those familiar with Bicoin’s history will be all too aware that the original Bitcoin lost

New Bull? Bitcoin Tops $24,000 After Fed Announcement

Bitcoin reached the 6-month high following the FOMC meeting on February 1. The top crypto broke the $23,000 resistance mark and surpassed $24,000 after the United States Federal Reserve (Fed) confirmed the new interest hike.Accordingly, Chairman Jerome Powell said that Fed decided to raise interest by 25 basis points (25%), making the benchmark rate increase

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority

Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

Billionaire investor Ray Dalio has described fiat currency as being in serious “jeopardy” as an effective store of wealth but doesn’t believe Bitcoin (BTC) and stablecoins will be the solution either.The founder of hedge fund firm Bridgewater Associates explained on CNBC’s Squawk Box on Feb. 2 that the mass money printing of the United States

Meta Sticks to Metaverse Vision Despite $13.7 Billion Loss

Reading Time: 2 minutes Meta has vowed to continue funding its metaverse ambitions despite the undertaking leading to a $13.7 billion loss in 2022 Meta’s CEO Mark Zuckerberg believes that the metaverse has a promising future The company expects to incur more losses in 2023 Meta has vowed to continue funding its metaverse vision despite

Bitcoin’s Seventh “Golden Cross” in 10 Years Nears – What This Means for BTC Price?

Bitcoin Golden Eyes. Source: AdobeIn light of the recent rally that has seen it surge more than 40% since the start of the year, Bitcoin is about to experience only its seventh so-called “golden cross” in the last 10 years. A golden cross is a technical event where the 50-Day Simple Moving Average (SMA) crosses

Gemini lied about FDIC insurance in emails to Earn customers: report

Home » Business » Gemini lied about FDIC insurance in emails to Earn customers: report U.S. digital asset exchange Gemini repeatedly lied to its Earn account customers about being insured by the Federal Deposit Insurance Corporation (FDIC), a new report claims. The exchange reportedly kept referring to the FDIC in its communications with clients who were worried