Search Results for: negative rating

Fitch Ratings Downgrades El Salvador Deeper Into Junk Status Citing Bitcoin Risks

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One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The adoption of bitcoin as legal tender…

Konami’s Castlevania Anniversary NFT Sale Raises Over $160K

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Konami, a Japanese game developer and software publisher, raised more than $160K in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of its most…

Sega podría abandonar los experimentos NFT si los jugadores los perciben como una forma de robar dinero

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Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO…

India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

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The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch…

Crypto Markets Shed Billions Overnight — Analyst Says ‘Drawdown Normal’ and ‘Bull Market Structure Still Intact’

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Cryptocurrency markets have dropped significantly in value during the last 24 hours as the entire market capitalization of all 10,000 crypto assets in existence has dropped below the $3 trillion mark to $2.77 trillion on Tuesday morning (EST). After tapping $66K…

Edward Snowden llama a las CBDC “moneda criptofascista”, “más cerca de ser una perversión de la criptomoneda”

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En octubre 9, El denunciante y defensor de la privacidad Edward Snowden publicó un editorial de opinión sobre las monedas digitales del banco central. (CBDC) y las CBDC afirmadas son “el peligro más nuevo que asoma el horizonte público.” Snowden destacó que más que ser una innovación, CBDC’somos “cerca…

Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

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Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely…

Las tres grandes agencias de crédito critican la adopción de Bitcoin en El Salvador — S&P Global advierte sobre "implicaciones negativas inmediatas"

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All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch Ratings published reports on the matter in El Salvador, S&P Global…

Opensea NFT Marketplace afirma que un empleado se benefició de información privilegiada

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En septiembre 15, el token no fungible superior (NFT) mercado, Mar abierto, reveló que un ejecutivo de Opensea se benefició del uso de información privilegiada. “Ayer nos enteramos de que uno de nuestros empleados compró artículos que sabía que estaban configurados para mostrarse en nuestra página principal antes.…

Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

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Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility…