What is Kin Crypto? This project aims to foster a user-focused and decentralized ecosystem of applications. Its creation is in reaction to the unwelcome dominance of big digital players who monetize users and destroy competition. By creating and distributing Kin, participants in the ecosystem can gain economic value and share it. In other words, the more...
While traditional media continue to insist that cryptocurrencies are hard to spend, many well-known companies are already accepting them as a means of payment. Within a week, several major news outlets published articles covering the fundamentals of cryptocurrencies such as Bitcoin. One CBS news item said: “Cryptocurrency is not easy to spend.” This might have been...
DeFiance Capital founder Arthur Cheong warned that North Korean-backed hackers have developed sophisticated methods to target crypto companies. On Friday, Cheong tweeted that these hackers are using new forms of social engineering designed to "breakthrough our mental defenses." He claims that this information comes from research and conversations with leading cybersecurity experts. At the forefront of these...
The Omani Capital Market Authority will include real estate tokenization in its regulation of virtual assets and also licenses cryptocurrency exchanges. The regulation of Oman's virtual assets will be completed by the third quarter of 2022. Kemal Rizadi, Advisor to the Omani Capital Market Authority, made these comments during a real estate exhibition and conference held...
Despite the activation of Taproot on the Bitcoin network in November 2021, data available at transactionfee.info shows that only approximately 0.37% of all Bitcoin transactions use it, as opposed to 85% for the Segregated Witness update, which was activated in August 2017. The Taproot Bitcoin core update was activated in November 2021, promising many new features...
MicroStrategy CEO Michael Saylor called his multi-billion dollar purchase of bitcoin a "huge success" in adding value to shareholders. He wrote about this in a letter to investors, published last Thursday. “The adoption of bitcoin as our primary treasury reserve asset has separated us from regular competitors and lifted our brand,” he wrote. However, he called the...
The Ministry of Finance of Russia handed over to the government an amended and finalized bill on cryptocurrencies. Twitter users mistakenly thought it recommended the use of cryptocurrencies as "legal tender". But the wording is somewhat different. Earlier on April 8, the Russian Ministry of Finance announced the amendments and finalization of the upcoming cryptocurrency bill,...
Virtual coin market expert Ali Martinez analyzed the price chart of the flagship cryptocurrency Bitcoin. The analyst stated that the value of the digital coin could drop to $27,000 under certain conditions. Martinez assured that in order for this not to happen, it is important for the bulls to stay above certain values. According to the...
Popular crypto analyst Mikael van de Poppe spoke about his predictions for several leading altcoins. According to the expert, he is optimistic about Ripple and Litecoin. The specialist predicted a rapid growth in the value of these assets and predicted the dominance of bulls in the market. According to the analyst, he developed this point of...
Three Chinese banking supervisors have issued a warning against non-fungible tokens (NFTs) at a time when the industry is booming worldwide. Recognizing that NFTs are an innovative application of blockchain technology that can enrich the digital economy, three observers warned that they could potentially be used for money laundering, speculation and illegal financial activities. Regulators have indicated...
