Category Archives: Cryptocurrency News

Burger King and Robinhood will give away prizes in cryptocurrencies for clients in the USA

Fast food chain Burger King, in partnership with trading platform Robinhood, will give away DOGE, BTC and ETH cryptocurrencies among US customers for checks for purchases. According to the terms of the promotion, from November 1 to November 21, 2021, Burger King American customers who have spent more than $ 5 on food purchases can participate in the cryptocurrency lottery. By the time the promotion starts, 2,000,220 prize codes will be available. Each participant can…

DAI Algorithmic Stablecoin Ether Provision Exceeded 40%

The battle between Ether and USDC for dominance as the main reserve currency of the DAI stablecoin ended in victory for ETH. The level of DAI backing with USDC stablecoin decreased from 50% to 34.5%. According to the analytical resource Dai Stats, at the time of publication, the share of support for DAI on air increased to 41.4%, while the share of USDC fell to 34.5%. This indicates a decrease in the dependence of stablecoin…

AnubisDAO creators sold $ 60 million tokens and disappeared with investors’ money

The developers of the new project AnubisDAO held a token sale, during which they raised $ 60 million, after which they withdrew all the money and closed their accounts in social networks. The creators of the project promoted AnubisDAO as a fork of the OlympusDAO stablecoin. In addition, the theme of “dog coins” was used to attract attention – the ancient Egyptian god Anubis, depicted with a dog’s head, was chosen as the theme of…

Bitcoin Miner Rhodium Enterprises plans to raise up to $ 100 million for IPO

The mining company intends to use liquid cooling to mine BTC more efficiently. This solution adds value to the company for potential investors. Rhodium Enterprises, which specializes in bitcoin mining, has filed an application with the US Securities and Exchange Commission (SEC), in which it outlined plans to raise up to $ 100 million in an IPO. According to the financial report for the first half of the year, the company’s revenues in 2021 in…

CedarFX – Trade with the First Eco-Conscious Broker

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

FATF in updated manual Clarified the DeFi and NFT Regulations

The Financial Action Task Force on Money Laundering (FATF) has published a new version of the cryptocurrency industry regulation guide. The agency has released a revised and revised guide to cryptocurrencies clarifying who qualifies for the FATF’s recommended requirements. In the amended guideline, DeFi is equated to Virtual Asset Service Providers (VASPs) because it exchanges, stores cryptocurrencies and complies with VASP standards. This applies to blockchain-based services such as decentralized applications (DApps). Insofar as the…

LinkedIn: the number of vacancies in blockchain and cryptocurrencies increased sevenfold in a year

According to data from business social networking site LinkedIn, the number of blockchain and cryptocurrency job vacancies has grown by 615% since 2020. The Economic Graph, a research group on LinkedIn, estimates that large financial companies will add three times the number of people with digital asset experience this year compared to 2015. Already in the first half of this year, the number of cryptocurrency specialists who got a job grew by 40% compared to…

DBS Bank joined the governing board of Hedera Hashgraph

DBS Bank Joins Hedera Hashgraph Governing Council Singapore-based DBS Bank has joined the Hedera Hashgraph Governing Board to explore the possibilities of blockchain use in the banking industry. Hedera Hashgraph is developing an enterprise blockchain for building applications in a decentralized economy. Hedera’s website states that DBS was one of the first banks in Southeast Asia to join Hedera’s governing board. DBS intends to contribute to the exploration of the possibilities of blockchain and distributed…

Crypto Industry Defenders Protest Ban on Placing NFT Games on Steam

A non-profit organization of lawyers insists on lifting the ban on the placement of games using NFT and cryptocurrencies on the Steam platform. In October, the popular PC game distribution platform Steam updated its terms of use, banning any games using NFTs, cryptocurrencies, and other blockchain-based technologies. In this regard, the non-profit organization of lawyers “Fight for the Future”, which protects the digital rights of citizens, including in the field of cryptocurrencies, sent an open…

The Central Bank of Spain ordered the operators of cryptocurrency services to register

The Central Bank of Spain has published a guide to registering companies, marketplaces and banks wishing to provide cryptocurrency services to Spanish citizens. Last week, local banks asked the Bank of Spain to clarify whether they should register with the register of cryptocurrency service operators if their activities are already controlled by the regulator. The central bank dispelled their doubts by stating that any institutions and individuals wishing to provide cryptocurrency services in the country…