Sat, November 14

Russian Legislators Propose New Bill Legalizing Crypto Mining

There has been an uptick in the notion of allowing cross-border crypto. The liberal New People group proposed mining measure, but it was shot down. Russia’s legislators are going to look at a new bill that would make cryptocurrency mining legal. This sector has been expanding rapidly over the last

October 30, 2022 2 mins read

Genesis Trading’s Q3 Report Below Par Amid Sluggish Market

Genesis saw a precipitous 44% drop in spot trading volume. There were a total of $4.9 billion in active loans in the 2022 third quarter. Genesis Trading, a cryptocurrency brokerage, has released a new analysis detailing the effects of the current market drop on the cryptocurrency loan sector. Genesis originated

October 30, 2022 1 min read

Visa Files Trademark Application in Regards to Crypto and NFT

USPTO-licensed trademark attorney Mike Kondoudis revealed details. Trademark applications 97643605 and 97643607 were submitted on October 22. Visa has filed two trademark applications in an effort to develop a crypto and NFT services platform and signal its intent to completely immerse itself in the cryptocurrency and NFT market. Both the

October 30, 2022 1 min read

El Salvador Signs MoU With Lugano to Boost Bitcoin Adoption

El Salvador plans to build a “Bitcoin office” in Lugano. Tether has launched a project dubbed “Plan B” to turn Lugano into a crypto center. A memorandum of understanding on economic cooperation between El Salvador and the city of Lugano, Switzerland, was signed with the goal of increasing Bitcoin use

October 29, 2022 1 min read

Bitcoin Breakouts the Slope and Sets Best Week in Three Months

Bitcoin price increased by around 7% in the last 7 days. Ethereum climbed by over 21% with a market cap of 193 $billion. The king of cryptocurrency Bitcoin (BTC), surged beyond $20,000 and fueled the bullish in the crypto market. Following that, the global cryptocurrency market is in a gradual

October 29, 2022 2 mins read

$2500 Fine For Misleading Information Being Reinstated by PayPal?

On November 3rd, the new restricted-expression policy will go into effect. It has the ability to initiate automatic withdrawals from users. Rumor on social media platforms is that PayPal has reinstated its $2,500 fine for each time the business determines a user has posted false information. The financial services behemoth

October 28, 2022 2 mins read

Q9 Capital Granted Virtual Asset License by Dubai’s Regulator

The firm has filed for a complete operating license and has made public its plans. There are now Q9 branches in Hong Kong, London, and Limassol. Q9 Capital, a cryptocurrency investment platform based in Hong Kong, has been granted temporary virtual asset permission by the Virtual Asset Regulatory Authority of

October 27, 2022 2 mins read

Bitcoin Mining Firm Core Scientific Likely to File For Bankruptcy

Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to

October 27, 2022 1 min read

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to

October 27, 2022 1 min read