Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulators latest position on the matter comes after it softened its stance on the......

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCBs subsidiary, New York Community Bank, will become a custodian for the companys stablecoin reserves. Circle Partners......

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds......

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currencywould be necessary in the future to ensure Nigeria......

Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning

A Chinese state-run newspaper has published an article warning about bitcoins price falling to zero amid the crypto market sell-off. Entre-temps, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless Chinas state-run......

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance

Cristiano Ronaldo, one of the worlds top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballers Web3 community. According to Ronaldo, his partnership with Binance isgoing to change the non-fungible token......

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (TVN) marketplace Knownorigin. Ebay declared that the acquisition is animportant step in Ebays tech-led reimagination.Ebay Purchases NFT Marketplace in Order to Make E-Commerce......

Signaler: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and theres been speculation about insolvency. According to a recent report, 3AC’s......

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencents Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions......

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. toutefois, after the S2F price model didnt come to fruition......