Crypto

Belgian Banking Group KBC Creates Blockchain-Based Coin

by

KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile…

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

by

The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by…

Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians

by

Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users from the war-torn country. The card allows people displaced by the ongoing conflict with Russia to make payments and receive financial…

Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

by

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well….

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

by

Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance…

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

by

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina,…

Kanye West Files Trademarks Describing NFT Technology After Denouncing the Digital Collectible Concept

by

According to trademark filings with the United States Patent and Trademark Office (USPTO), the American rapper Ye (commonly known as Kanye West) is getting into the world of non-fungible tokens (NFTs) and the metaverse. The record producer’s company Mascotte Holdings Inc….

Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia

by

Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor….

Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

by

For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a…

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

by

Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help…