Day: September 13, 2022

Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions – Africa Bitcoin News

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According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. Individuals may not hold local currency whose value exceeds $57.00 or 3,000 birr. The directive also sets conditions and circumstances under which Ethiopian residents and non-residents may possess and use foreign currency. Converting All Foreign Currency at Authorized Forex Bureaus The Ethiopian central bank recently issued a directive which sets a limit on the amount of the birr that…

GameStop’s Blockchain Chief Matt Finestone Departs from Company

Matt Finestone, head of the blockchain team at Video game retailer GameStop Corp, announced his departure from the company. According to his official Twitter account, he will continue to focus on dedicating to the Ethereum ecosystem and plan to move closer to protocol/infrastructure. After starting at GameStop in April 2021, Matt Finestone has grown his blockchain team from zero to dozens. Establishing a blockchain department at such a large company is not an easy task, noted Matt Finestone, who brings together a lot of talent and energy from all corners…

Russia aims to set rules for crypto cross-border payments by year’s end

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Russian Prime Minister Mikhail Mishustin on Tuesday officially instructed the government to come to a consensus regarding crypto regulation in Russia by Dec. 19, 2022. The prime minister specifically called on the Duma and other state authorities to come up with coordinated policies on regulating the issuance and circulation of digital currencies in Russia. Mishustin also asked regulators to finalize regulations for cryptocurrency mining and cross-border transactions in digital currencies. The official stressed that the upcoming draft crypto regulations should be aligned with the Russian Finance Ministry, the central bank,…

Bitcoin battles whales above $22K as BTC price faces US CPI data

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Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Serious” whales present new BTC price hurdl Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it sought to push through $22,500. Bulls had attempted to vanquish a wall of seller interest in the range just above $22,000, this proving especially stubborn and leading to an overnight consolidation phase. On-chain monitoring resource Material Indicators highlighted the struggle in a screenshot of the Binance BTC/USD…

Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto – Bitcoin News

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Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies. Cryptocurrency Infrastructure Provider A luxury hotel based in Dubai, Palazzo Versace, recently said it would allow guests to pay for services offered at its premises using cryptocurrency. As stated in a Business Traveller report, starting on September 7, guests staying at Palazzo Versace Dubai…

Web3 native fashion brands hit the runway in real life at NY Fall Fashion Week

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Web3 fashion is subverting the narrative at New York Fashion Week (NYFW) this fall. Fashion brands native to the Web3 space will be premiering in real life (IRL) at a two-day show put on by Nolcha Shows. Nolcha Shows has been actively curating events for 14 seasons. Still, this year there will be a Web3 edition featuring Web3 native brands, along with a panel on Web3’s impact on the fashion industry’s future. In the last few years, fashion industry giants have been jumping into the digital universe at lightning speed.…

Space Engineers – Collection of the Best Mining Mods

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mining in Space Engineers can be either really boring or a fun challenge. Its all about how you mod it. Lets talk about Space Engineer mods! With a focus on the Ore Collection side! NorthWind Heavy Equipment [Mexpex] Heavy Mining Drill [stable/dev] Ba Sing Se Twin Tools ResourceNodes [VSI] AutoMiner V2 Automated Drilling Platform (Stone & Ice) TBH – Compressed Ores Akiad Development – Heavy Ship Tools [QoL] Radio Spectrometry Small Static grids Colorful Icons Enjoy my content? Want to help support…

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