The Concept of Using the Digital Ruble as a Reserve Currency Gains Ground in Sanctioned Russia

The State Duma, the second body of the Russian Parliament, has recommended that the digital ruble be recognized as a reserve currency. However, fears have been raised in the West that the new iteration of Russian fiat could be used to circumvent the country’s isolation due to sanctions. Worried about increasing Western sanctions, Russian officials have … Read more

Austin Governor Welcomes Web3 Blockchain Technology And Cryptocurrency Payments

The state’s one of the fastest-growing city will investigate policy options for accepting Bitcoin as a transaction option and integrating other Web3 applications to enhance citizens’ lifestyles. As digital currency emerges massive at this year’s come back of South by Southwest, Austin city officials are engaged in allowing individuals to pay with virtual currency. Governor … Read more

The Ongoing War leads Ukraine to accept Bitcoin, Ethereum, and Tether donations

Previously, Ukraine rejected crypto donations but in order to support its troops and civilians amidst the ongoing Russia-Ukraine war, the Ukrainian government via Twitter appealed for support from different nations and also asked the Crypto community to raise funds by showing their acceptance towards Bitcoin, Ether, USDT, etc as donations. The government of Ukraine has … Read more

Bitso Expands To Colombia As Cryptocurrency Popularity Grows In The Country

Bitso , a Mexico-based cryptocurrency exchange, is growing and strengthening its presence in Colombia, and the country’s interest is growing in these new technologies. Emilio Pardo has been appointed as the new national director of Bitso, with the aim of launching operations in Colombia in collaboration with Banco de Bogota. Bitso debuts in Colombia Bitso, a Mexico-based … Read more

Bored Ape Yacht – Is It Temporary Craze Or Future Of NFTs?

The Bored Ape Yacht Club is a 10,000-strong collection of Bored Ape NFTs. On the Ethereum blockchain, NFTs are one-of-a-kind digital valuables. Since these virtual images are non-fungible tokens, owners are assured of owning a one-of-a-kind picture. Emperor Tomato Ketchup, Gordon Goner, Gargamel, and Nosass are the BAYCs’ founders. Some of them were not newcomers … Read more

Australian Competition Watchdog Investigating Meta for Crypto Scam Ads

Facebook’s parent company, Meta is under investigation by Australia’s consumer and competition  (ACCC) watchdog because of the unending series of fake cryptocurrency advertisements of the platform. Just after the news that Andrew Twiggy Forrest, the billionaire businessman was pursuing criminal action against the Meta, a social media Giant for reportedly showing fake articles and crypto scam … Read more

Crypto mining is advantageous in Russia, Putin’s analysis

Vladimir Putin, President of Russia has given hope to crypto enthusiasts who have been in a threat of banning cryptocurrencies and mining regarding digital assets’ future in the country. In a video conference on 26th Jan 2022, Putin with the members of the Russian Government said that he would like to “start with an issue … Read more