Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. Russia is preparing amendments to the current legislation to allow for the confiscation of crypto assets found to be proceeds from crime, […]
Category: Crypto
Bitcoin drops by $2,000. $185 million in longs go ‘rekt’
Bitcoin fell by nearly $2,000 this morning, ‘liquidating’ $200 million worth of futures positions in the past 12 hours and bringing down much of the crypto market alongside. Liquidations, for the uninitiated, occur when leveraged positions are automatically closed out by exchanges/brokerages as a “safety mechanism.” Futures and margin traders—who borrow capital from exchanges (usually […]
DeFi Platform Zerion Raises $8.2M in Series A Funding Round Led by Mosaic Ventures
Coinspeaker DeFi Platform Zerion Raises $8.2M in Series A Funding Round Led by Mosaic Ventures Zerion, an investment interface for Decentralised Finance (DeFi), has raised $8.2 million in its first round of funding. Mosaic Ventures, a Silicon Valley-style venture capital firm from London led the Series A round. The other members in the first funding […]
Oscar Winner Anthony Hopkins to Release World’s First NFT Feature Film on VUELE
Coinspeaker Oscar Winner Anthony Hopkins to Release World’s First NFT Feature Film on VUELE With two Oscar awards under the belt, popular actor Anthony Hopkins is now stepping into the non-fungible tokens (NFT) market. His new movie ‘Project Zero’ shall be released as an NFT which will be available on the Vuele NFT marketplace around […]
Bitcoin Miners on Hunt for Hosting Space in US as China Ban Becomes Real
Coinspeaker Bitcoin Miners on Hunt for Hosting Space in US as China Ban Becomes Real The Bitcoin and digital currency ecosystem is seeing a unique shift as the once largest mining nation, China has maintained its harsh stance to curb all cryptocurrency transactions. The right authorities to enforce the ban including the financial institutions are […]
NBA’s Boston Celtics Announces Partnership Deal with Socios
Coinspeaker NBA’s Boston Celtics Announces Partnership Deal with Socios The Boston Celtics basketball team on Wednesday announced its partnership with blockchain-based sports firm Socios.com. With this partnership, the 17 times world champions will join other sports franchises that have been involved with Socios. This partnership raises the tally of franchises involved with Socios to over […]
Central Banks Doubt Cryptocurrency Limited Role in Reserve Operations
A survey conducted by UBS investment bank shows that central banks do not expect a cryptocurrency to replace gold as a digital reserve asset. (Read More)
Is ShibaSwap safe? DeFi Safety review gives it a score of just 3%
There are concerns over ShibaSwap’s transparency and security. Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security. Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token trading frenzy, the coin’s developers […]
Zerion Aims To Push DeFi Into The Mainstream After Raising $8.2M From Mosaic Ventures
Zerion was founded to allow anyone around the world to gain access to financial services. To help in that endeavor, Zerion announced that it had raised $8.2 million in Series A funding. The funding round was led by Mosaic Ventures and included DCG, Lightspeed, Placeholder, Blockchain.com ventures, and several others. The Idea Behind Zerion Traditional […]
Crypto Wallet Recovery Service KeychainX Can Save Your Bitcoin
Whenever the prices of digital assets skyrocket, social media gets flooded with stories of people that could be millionaires now but forgot the keys to wallets they opened a few years before. But if this happened to you, don’t lose hope, cryptocurrency wallet recovery service KeychainX can save your money. Your Wallet With a Forgotten […]