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Weekly News

Read more about the article UAE reportedly plans to issue federal crypto license for VASPs

UAE reportedly plans to issue federal crypto license for VASPs

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018. The United Arab Emirates…

Continue ReadingUAE reportedly plans to issue federal crypto license for VASPs
Read more about the article Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week. Bitcoin (BTC) dipped below $43,000 on Feb. 17 as…

Continue ReadingBitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’
Read more about the article Fake alert! New projects pose as prominent brands to lure crypto investors

Fake alert! New projects pose as prominent brands to lure crypto investors

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

Projects trying to mimic popular brands such as Tesla, Jurassic Park, Meta and Animoca Brands are trying to lure people to buy their crypto tokens. Creating a new crypto project…

Continue ReadingFake alert! New projects pose as prominent brands to lure crypto investors
Read more about the article Crypto is like a ‘venereal disease’ and should be banned: Charlie Munger

Crypto is like a ‘venereal disease’ and should be banned: Charlie Munger

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

Comments made by Warren Buffet’s right-hand man and vice chairman of Berkshire Hathaway have gone viral for their imaginative depiction of cryptocurrency. Charlie Munger, the ancient vice chairman of Berkshire…

Continue ReadingCrypto is like a ‘venereal disease’ and should be banned: Charlie Munger
Read more about the article Avalanche growth sparks third-party cross-chain bridges

Avalanche growth sparks third-party cross-chain bridges

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

Avalanche blockchain launched its own official Ethereum bridge in 2021, but now a third-party cross-chain bridge claims to reduce transaction costs even further. Avalanche, a layer-1 proof-of-stake blockchain network, gets…

Continue ReadingAvalanche growth sparks third-party cross-chain bridges
Read more about the article New bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin Law

New bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin Law

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

Three U.S. senators proposed a bill that would commission a lengthy report detailing the inner workings of El Salvador’s Bitcoin Law and a subsequent action plan to mitigate risk. A…

Continue ReadingNew bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin Law
Read more about the article 4% of crypto whales are criminals, and they hold $25B among them: Chainalysis

4% of crypto whales are criminals, and they hold $25B among them: Chainalysis

  • Post author:admin
  • Post published:February 18, 2022
  • Post category:Weekly overview

The report defines criminal whales as private wallets that hold more than $1 million worth of crypto, with more than 10% of their balances coming from illicit addresses. Chainalysis data…

Continue Reading4% of crypto whales are criminals, and they hold $25B among them: Chainalysis
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