Inflation In Argentina Skyrockets Amidst Growth In Crypto Adoption

Last week, the inflation numbers for Argentina were published, which showed that the consumer price index (CPI) hit record levels of 78.5%. In terms of high inflation in Latin America, these figures put Argentina in the second spot after Venezuela, as August saw an almost 8% rise in prices that affected the pockets of Argentinians. … Read more

Growth Of Stablecoin Economy Stagnates

There has been a decline of 10.66% in the market capitalization of the top stablecoins from $171.37 billion to $153.09 billion, after the fiasco of the Terra stablecoin back in May. The last two months have recorded very little growth in the market capitalization of the leading stablecoins, as they have stayed close to the … Read more

Chinese Court Rules Crypto Is Virtual Property

Based in Beijing, a Chinese intermediate court recently upheld a ruling issued by a lower court that had determined that crypto is a virtual property, which means it is protected by the law. According to the court, it should be noted that only the circulation of virtual currency has been forbidden by the Bank of … Read more

Foreigners May Be Given Anonymous Entry Points To Digital Ruble

A Russian official disclosed that the upcoming digital ruble of Russia would be made available to foreign nationals via entry points that provide them anonymity. The purpose of this idea is to provide protection to these investors against the Western sanctions that have been imposed on Moscow. Anonymous digital ruble purchases On Tuesday, Vladimir Gutenev, … Read more

Robert Kiyosaki Urges Investors To Enter The Crypto Market Now

The renowned author of the book Rich Dad, Poor Dad recently talked about cryptocurrency, urging people to invest in the market right now. According to Robert Kiyosaki, the biggest economic crash in the history of the world is coming, so it is the best time for people to get into the crypto market. Big crash … Read more

Central Bank Of Norway Is Using Ethereum To Launch Its Digital Currency

In the past two years, many countries have sought advancements and growth in the crypto-blockchain sector. Although some countries continue despising and rejecting cryptocurrencies, the majority have realized the importance of their adoption. This is the reason why the cryptocurrency industry has been advancing on a global level. Seeing the potential of blockchain technology, many … Read more

Brazilian Securities Watchdog Wants Changes In Crypto Bill

The CVM, the securities watchdog in Brazil, recently demanded that the crypto bill, which is slated for discussion in Congress be changed. The current document reportedly has a loophole that the organization wishes to correct, as it would mean that some tokens are not treated as securities like carbon credits and tokenized physical items. The … Read more

Elon Musk’s Dogecoin Lawsuit Grows As More Defendants Join

A lawsuit worth $258 billion had been filed against Elon Musk, Spacex, and Tesla for the promotion of Dogecoin. It appears that the lawsuit has now expanded, as new DOGE investors and defendants have also joined in. According to the plaintiffs, the meme token i.e. Dogecoin is just another Ponzi scheme and claims that Musk … Read more

Crypto Launderer Vinnik’s Lawyer Calls On Russia To Talk About US Prisoner Swap

Alexander Vinnik, a Russian IT specialist, had recently been extradited to the United States. A lawyer representing the alleged crypto launderer reached out to the government in Moscow. The attorney urged it to talk about a potential prisoner exchange with the US. The French legal expert believes that Vinnik can only be saved if he … Read more

A Very Credible Bitcoin Analyst Has A Very Alarming Prediction To Make For Bitcoin

Bitcoin’s (BTC) price may experience a great dip in the upcoming days which may see its value drop by 50%. The latest prediction surrounding Bitcoin suggests that the largest cryptocurrency may record a 50% dip compared to its current trading price. Fear Grows for Bitcoin Winter With every passing day, the situation has been getting … Read more

Hive Blockchain Exploring New Mineable Coins Before Ethereum Merge

With Ethereum scheduled to make its transition from the Proof-of-Work (PoW) consensus algorithm to Proof-of-Stake (PoS), crypto miner Hive Blockchain has been exploring alternatives for replacing Ethereum. Latest update On Tuesday, the Canadian crypto mining company posted its latest production update in which it said that it was looking at other coins. With the Ethereum … Read more

Comedian Bill Murray’s Wallet Hacked For $186K Worth Of Ethereum

On September 1st, 2022, approximately 119.2 ether (ETH) tokens were drained from the wallet of American comedian and actor, Bill Murray. This was after he had conducted a charity auction related to non-fungible tokens (NFTs). As per statistics, most of the NFTs and tokens in the wallet have been moved and tokens worth $556 are … Read more

Ripple’s Colombian Land Project Stalled

Two weeks before Gustavo Petro, the newly elected President of Colombia took office, Ripple Labs had entered into a partnership with the country’s Ministry of Information Technology and Communications. However, it appears that the project has now been stalled because the new government stated outright that it is not one of its major priorities. Project … Read more

FBI Profiles Onecoin Scam’s Ruja Ignatova As Top 10 Most Wanted Fugitive

In a new podcast, the Onecoin cryptocurrency scam, along with its co-founder Ruja Ignatova, was profiled by the Federal Bureau of Investigation (FBI). Onecoin has come to be recognized as one of the biggest scams to happen in the crypto space and its co-founder, who is also referred to as the ‘Crypto Queen’ is now … Read more

US Congress Inquiring Into Crypto Exchanges For Preventing Crypto Fraud

The House Committee on Oversight and Reform has decided to shift its attention toward the crypto sector. In order to protect people from fraudsters, it has turned up the pressure on crypto exchanges and federal agencies. Agencies and exchanges The committee sent a bunch of letters on Tuesday morning and the list of recipients included … Read more

European Stocks Decline For Third Day With Recession Fears Growing

On Tuesday, European stocks ended the day lower, as they failed to shrug off worries of high interest rates amidst the possibility of an economic recession and a burgeoning energy crunch. Stocks erase gains The continent-wide STOXX 600 index had recorded gains of as much as 1% during the session, but it ended up erasing … Read more