Day: February 14, 2022

No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan – Regulation Bitcoin News

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Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian Government to Restrict Investor Access to Crypto Assets Authorities in Moscow are not planning to permit loans in cryptocurrency or its use as collateral, the Ministry of Finance has emphasized in an explanatory note to its regulatory proposal. The department’s concept was recently approved by the federal government to…

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Coinbase stock falls 5% pre-Wall Street as Bitcoin price dip adds to Super Bowl woes

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United States cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022. Data from Cointelegraph Markets Pro and TradingView showed COIN preparing to open at $194.53 before Monday’s Wall Street open. Snowden: Coinbase crash “so very internet” The Super Bowl 2022 was an event to remember for crypto investors, with several of the exchange industry’s biggest names airing full-scale ad pitches. For Coinbase, however, the publicity quickly turned sour as the platform’s website and app both crashed following promises…

Singaporean megabank DBS works on expanding Bitcoin trading to retail

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DBS Bank, Singapore’s largest bank, is working on expanding its cryptocurrency exchange beyond its current investor base of institutional clients, according to the CEO. DBS Bank CEO Piyush Gupta spoke of the bank’s cryptocurrency business during the Q4 2021 earnings call on Monday, stating that the company will focus on measures to further scale its crypto exchange operations in 2022. During the call, Gupta was asked whether DBS Bank has a roadmap for rolling out digital asset trading to retail investors. While the CEO did not provide a straightforward answer, he…

SundaeSwap Token SUNDAE Debuts On Bitrue Crypto Exchange

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SundaeSwap’s native token SUNDAE is set to go live on the Bitrue crypto exchange. Decentralized trading protocol SundaeSwap had been launched to much fanfare from the community, seeing the price of ADA rally 50% in its wake. It has since grown in popularity and is the leading decentralized exchange (DEX) on the Cardano blockchain. Bitrue which has been a strong supporter of Cardano projects announced that SUNDAE will be added to the list of tradeable assets on the platform. Bitrue was the first crypto exchange to support trading for OccamFi,…

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Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues – Bitcoin News

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Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally to mint these tokens. The sale of tweet NFTs is still active. Cent Struggles With Unauthorized Use and Plagiarism Cent, one of the first marketplaces to allow users to tokenize tweets and sell them, has announced it is…

BLOCK, Argo Blockchain, and GRIID

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Intel ’s play to get into the bitcoin mining market might end up being the story of the year. In a post titled “Blockchain and the New Custom Compute Group,” Raja Koduri reveals a little of the company’s playbook. At Intel, he’s the senior vice president and general manager of the Accelerated Computing Systems and Graphics Group.  Related Reading | Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System In the article, Koduri says, “we are focusing our efforts on realizing the full potential of blockchain by…

Get Rewarded by Withdrawing Crypto

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Rebuilding capitalism SocialGood is a blockchain initiative that aims to reshape capitalism as we know it by working to create a donation machine that combines blockchain with artificial intelligence in an app. The app can be downloaded on Google Play for Android and Apple Store for iPhones, and by using it, users could receive up to 100% of their purchase back in crypto. This will be reflected within a few days after SocialGood has received confirmation of your purchase from any of its affiliated shops and partners. One thing to…