Category Archives: Cryptocurrency News

The head of the CCI urged to speed up the launch of the digital currency of the Central Bank to protect the US dollar

Crypto Council for Innovation (CCI) CEO Sheila Warren believes that the technologies accompanying the digital yuan could undermine the hegemony of the US dollar. Sheila Warren, formerly head of blockchain and distributed ledger technology at the WEF, said the digital yuan will not be able to significantly impact retail payments in the US. However, she noted that the technologies accompanying China’s state digital currency could have a negative impact on the global dominance of the…

Goldman Sachs completed the first OTC options trading on Galaxy

One of the largest investment banks in the US, Goldman Sachs, was one of the first to conduct an over-the-counter transaction using a cryptocurrency option. Goldman Sachs has completed the first over-the-counter (OTC) option trading on Galaxy digital currency. The transaction was made in collaboration with Galaxy Digital, a crypto investment management company owned by Michael Novogratz. According to the announcement, the OTC transaction was granted in the form of a non-deliverable option (NDO) on…

Lossless: how a beginner can avoid common trading mistakes

Newbie traders face the same problems when entering the cryptocurrency market. How to avoid them and what to look for when choosing a cryptocurrency trading platform? Cryptocurrency as a tool for investment and earnings is becoming more and more popular. Instant success and quick earnings is a very real opportunity for advanced traders. However, when a tool provides many opportunities to make money, there are always just as many opportunities to lose money. Often, investors…

BlockFi reported a leak of user data via Hubspot

Cryptocurrency service BlockFi has announced the hacking of Hubspot partner servers and the leakage of personal data. User assets and site systems are secure. The cryptocurrency service BlockFi warned on Twitter that on March 18 there was a leak of information about users from the database of the partner company Hubspot, which is responsible for interaction with customers. “Hubspot has confirmed that an unauthorized third party has gained access to certain BlockFi customer data hosted…

New Jersey Parliament will consider banning officials from accepting gifts in cryptocurrencies and NFT

Two state lawmakers have filed a law in the New Jersey House of Representatives preventing government officials from receiving bribes in cryptocurrency. Legislature members Christopher Tully and Ellen Park have submitted a bill to the New Jersey General Assembly for approval that will prevent government officials from accepting irreplaceable tokens (NFT) or other digital currency as gifts. Co-author Christopher Tully said the law was aimed at fighting corruption through the use of cryptocurrencies. “It is…

The network of gaming stores GameStop is preparing to launch an NFT trading platform

The largest American retail network for the sale of video games GameStop has resumed the development of its own platform for trading in collectible tokens. GameStop began development on the platform back in mid-2021, but progress has stalled since then. In January 2022, the company launched a dedicated NFT and Web3 development division. At the same time, a partnership was announced with Immutable X, a developer of a solution for scaling the Ethereum network. It…

Police of Rio de Janeiro arrested suspects of involvement with GAS Consultoria

The Brazilian police have detained the likely creators of the fraudulent scheme for investing in cryptocurrencies GAS Consultoria. The operation, called “Operação Betka”, took place in Rio de Janeiro and was the fourth stage of Operation Cryptos, during which the head of GAS Consultoria, Glaidson Acácio dos Santos, was arrested last August. GAS Consultoria, headquartered in the popular resort of Cabo Frio, was founded by a former waiter and promised clients 10% or more per…

Brazilian Government Creates Rede Brasil de Blockchain Network

The Brazilian government blockchain network is designed to help the country’s authorities increase the transparency of the movement of budget funds. The Rede Brasil de Blockchain (RBB) network project has been in development since 2018. At the Ethereum.Rio event, Gladstone Arantes, Head of Blockchain Initiatives at the Country Development Bank (BNDES), shared the technical details of the project. Arantes said that the developers have chosen a Hyperledger Besu 2.0 consensus protocol system as the base…

The President of Ukraine signed the law “On virtual assets”

The Ukrainian authorities have adopted a law that should regulate the circulation and use of cryptocurrencies. In February, the Verkhovna Rada of Ukraine approved the law “On Virtual Assets”, and on Wednesday, March 16, the Ministry of Digital Transformation of Ukraine announced that President Volodymyr Zelensky had signed it. The law is intended to create conditions for the legal use of cryptocurrencies on the territory of Ukraine. The National Securities and Stock Market Commission of…

American Express Registers Trademarks for NFTs and the Metaverse

The largest US payment system has filed an application for registration of seven new trademarks related to non-fungible tokens and Web3. Metaverse Trademark Attorney Michael Kondoudis tweeted today that one of the largest credit card companies, American Express, has filed seven new trademark applications. The corporation has registered several names and logos, including AMEX, MEMBERSHIP REWARDS and SHOP SMALL. Kondoudis said that everything indicates that the company plans to take its place in the metaverse…