The “Cryptoassets Market Law (MECA)” bill, put up by Costa Rican congresswoman Johana Obando, seeks to regulate and legalize cryptocurrencies in the Central American nation. Congressmen Luis Diego Vargas and Jorge Dengo seconded her and stressed the need for the…
Flasko (FLSK): A New Alcoholic Asset Class For Cryptocurrency Investors
Just like wine, an asset class that consists of rare wines, whiskeys, and champagnes also appreciates over time. Asset Class Worth $1 Trillion The market value of the aforementioned asset class, which has outperformed gold, precious stones, and high-end handbags…
North Korea’s Lazarus Responsible For Major Crypto Hacks In Japan
Japan’s national police have identified the entity responsible for several years’ worth of cyberattacks, including cryptography, as Lazarus, a North Korean hacking ring. Japan Issues Crypto Hack PSA On October 14, the National Police Agency (NPA) and Financial Services Agency…
UK Electronic Bill Hints Use of Blockchain
On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the Electronic Trade Document Bill has the following goals: The Bill will…
Crypto Bank Expands in India Anticipating Positive Government Sentiment
Physical crypto bank Unicas has opened another branch, Cashaa reported a week ago. Unicas is a joint venture between crypto banking stage Cashaa and United Multistate Credit Cooperative Society. Taking note of that this will be the first of numerous…
Harvard Professor: Bitcoin Will Only Work For Failed States
Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…
METACO Head Has Clarified that Crypto Regulations are Now More Institutional Friendly.
However, future crypto rules remain unclear. Regulatory activity in cryptography has arisen at several stages this year. Government officials have made compliance transparent and executed and debated new actions. METACO’s Vice-President of Sales and Business Growth, Seamus Donoghue, believes that…
What does Crypto Institutional Acceptance Entail in 2021 and Beyond?
Bitcoin, the world’s preeminent blockchain and a consistent predictor of the broader crypto market shot up in value towards the end of 2020 to hit all-time highs and remains there. A huge rise in external funding, from legacy financial influencers…
New Russian Prime Minister proposes legislation to streamline crypto market
Russia could be getting ready to make big moves in the cryptocurrency market. The country’s Prime Minister Mikhail Mishustin has appeared to give a green light for the further development of the local crypto market. The prime minister appeared to…
Wyoming Senate Seat Goes to Pro-crypto Candidate
The current US general election has seen a crypto holder and enthusiast clinch a senatorial seat. Republican congresswoman elect Cynthia Lummis beat democrat Merav Ben-David in a hotly contested Wyoming race. An Early Crypto Enthusiast According to a Nov. 4…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
