Day: April 18, 2022

Crypto firm Exmo exits Russia and Belarus by selling part of its business

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London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital asset business in Russia and Belarus to a Russia-based software development company, Exmo officially announced on April 18. At the time of writing, the new owner and the size of the deal are not disclosed. “Unfortunately, we can’t anymore hold the high-risk part of the business, since a global group does not want to put the global expansion plans at…

Is asymmetric information driving crypto’s wild price swings?

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It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advance a catalog of tokens being assessed for listing on its prominent trading platform is noteworthy.  Coinbase’s plans, announced in an April 11 blog along with 50 crypto projects “under consideration” for Q2 2022, could help tamp down the pervasive speculation that surrounds small-cap tokens. Meanwhile, this can help alleviate industry concerns about “information…

Algorand Rents Times Square Billboard to Tout Green Cred Ahead of Earth Day

“We wanted to make a bold statement on a large platform to educate the general public that advances in blockchain technology like those employed at Algorand have made it more green and sustainable than the first generation proof-of-work blockchains, and definitely more green than traditional banking and finance rails,” said Warden, a former executive director at J.P. Morgan. Original Source AheadAlgorandBillboardCreddayEarthGreenRentsSquareTimesTout CryptoX Portal

UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse – Metaverse Bitcoin News

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United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner Emirates has said it will soon launch non-fungible tokens (NFT) and “exciting experiences in the metaverse” for its clientele as well as its workers. According to the airliner, the move aligns with advances in the UAE’s digital economy as well as with the country’s virtual assets related initiatives.…

Myspace founder predicts blockchain gaming to be ‘dominant place’ for socializing

While many gamers are critical of blockchain-based gaming, Myspace co-founder Chris DeWolfe believes adoption is on the way as the business model inherently provides players more control over their in-game experiences. DeWolfe, who is now the CEO of game development firm Jam City, told Cointelegraph that “the quality of the game and how developers interact and engage with players to set expectations” could eventually change the perception of skeptics.  Jam City founder and CEO Chris DeWolfe. Source: Jamcity.com The former Myspace CEO also compared the advent of Web3 gaming to…

CISO Pasi Koistinen on Cryptomarkets, Cybercrime and His Role in Coinhako

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The NewsBTC team interacted with Pasi Koistinen for the first time after he was appointed the CISO of Coinhako. We asked him a few questions about the new role and his views on crypto markets and cybercrime. Here is an excerpt of the interesting interaction that happened recently. Q: Thanks for joining us, and congratulations on your new role as the CISO of Coinhako. First, would you please introduce Coinhako to our readers? A: Coinhako was founded in 2014 in Singapore, and the platform’s mission is to be the go-to…

Hermitcraft 8: Episode 12 – END CRYSTAL MINING!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this episode of Hermitcraft Season 8, Mumbo goes end crystal mining to find netherite. Using End Crystals to find Netherite is an incredibly efficient way to get ancient debris. I get a full set of netherite gear, meet up with the boatem crew to form the Hermitcraft gigabase and Boatem Inc., then join Scar and Pearl for some Magic. Filming channel: Instagram: Twitter: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

BITCOIN IS ABOUT TO DO SOMETHING FOR THE FIRST TIME IN 11 YEARS! (be ready)

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Github suspends accounts of Russian developers linked to sanctioned firms

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Major developer platform Github has reportedly blocked more than a dozen accounts of Russian developer’s associated with organizations sanctioned by the United States government.  The sanctioned accounts include some of the largest banks in Russia: Sberbank and Alfa-Bank, as well as individual developers with links to the sanctioned firms. However, many individual accounts with no links or ties to sanctioned firms were also blocked in the process, Researcher Sergey Bobrov, who reportedly has no links to any such firm, reported that his account was suspended on April 15 and then immediately…

Bitcoin․com Exchange Market Insights Report for April 2022 – Promoted Bitcoin News

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This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance level which had not been reached since September last year. After failing to push through, the marquee crypto saw a reversal to the $40-42,000 level. This had been acting as new support, notably higher than the previous support of $36-38,000 seen in the first quarter…