Russian economist sees bleak future for Bitcoin with the rise of digital ruble

Alexander Razuvaev, a notable Russian economist and member of the supervisory board of the Guild of Financial Analysts and Risk Managers, recently made predictions concerning the future of Bitcoin following the onset of a Russian CBDC.

Russian economist sees bleak future for Bitcoin with the rise of digital ruble

The economist argued that the emergence of digital currencies, such as the digital ruble and other central bank digital currencies (CBDCs), would lead to a significant decrease in thei...

6 months ago

SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement

SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement

SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement

The U.S. Securities and Exchange Commission (SEC) Commissioners, Hester Peirce and Mark Uyeda, have publicly criticized the agency’s unclear cryptocurrency enforcement polic...

6 months ago

Crypto “Best Hedge” Against Inflation: Robert F. Kennedy Jr. at ETHDenver

Crypto Serves as an Offramp from Money Printing Addiction

Crypto “Best Hedge” Against Inflation: Robert F. Kennedy Jr. at ETHDenver

US Presidential Candidate Robert F. Kennedy Jr. has hailed cryptocurrencies as the best hedge against inflation.  In a recent discussion with Caitlin Long, founder and CEO of...

6 months ago

South Korea Investigates Worldcoin Over Data Collection Concerns

Worldcoin Faces Privacy Backlash

South Korea Investigates Worldcoin Over Data Collection Concerns

A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information. A government notice issued Mon...

6 months ago

Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally

Bitcoin’s price grew over 10% over two days and on Monday, surpassed a $54,000 benchmark for the first time since December 2021.

Bitcoin surpasses $56,000 benchmark, uplifts crypto market in latest rally

The gains came on the back of MicroStrategy disclosing another large purchase of about 3,000 bitcoins for $155 million. Analysts see a surge of funds into bitcoin ETFs and the...

6 months ago

OFAC Flags 10 Wallet Addresses Linked to LockBit Affiliates in Ransomware Crackdown

OFAC flagged ten wallet addresses associated with the two LockBit affiliates.

OFAC Flags 10 Wallet Addresses Linked to LockBit Affiliates in Ransomware Crackdown

The Treasury Department’s Office of Foreign Assets Control (OFAC) included numerous wallet addresses associated with two individuals from Russia in its list of specially designated nationa...

6 months ago

Ben ‘BitBoy’ Armstrong fight causes wild swings in memecoin prices

BitBoy’s opponent, “More Light,” told Cointelegraph after the fight he didn’t expect Armstrong to be so “amped up” during their match.

Ben ‘BitBoy’ Armstrong fight causes wild swings in memecoin prices

An organized fight on the weekend between crypto influencer Ben “BitBoy” Armstrong and memecoin developer “More Light” was seemingly more than just a wild flailing of arm...

6 months ago

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

The firm may add other cryptos to its treasury in the future if regulators determine that they are not securities.

Reddit Is Invested In Bitcoin and Ethereum, SEC Filing Shows

Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday in a bid to go public on the New York Stock Exchange (NYSE). ...

6 months ago

Solana NFTs hit $5B in all-time sales volume

Solana NFTs recorded their second-highest monthly sales volume in December 2023, recording $365 million in sales volume for the month.

Solana NFTs hit $5B in all-time sales volume

Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last four months.  On ...

6 months ago

Blueberry protocol pauses lending amid $1.35m drain

Fraudsters hacked the Blueberry DeFi protocol and advised users to withdraw money.

Blueberry protocol pauses lending amid $1.35m drain

The Blueberry project team shared in their post X on Feb. 23 that they had to stop work due to the exploit. Details of the exploit are being determined. The developers a...

6 months ago

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