September 27, 2022

[ad_1] Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help propel GameFi into the mainstream and rescue it from the bear market. Speaking to Cointelegraph during Asia Crypto Week, the Executive President said one obstacle preventing mainstream adoption is current …

3 ‘blockbuster’ titles that could save GameFi — ABGA President Read More »

[ad_1] On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC). The group’s statement included a laundry list of allegations regarding Yuga Lab’s alleged use of esoteric symbolism in BAYC’s art — which Anonymous believes shows the company’s support …

Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club Read More »

[ad_1] Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday. Dubbed El Ninja, he returns to the Octagon on October 1st in …

UFC fighter El Ninja to become first argentinian athlete paid in crypto Read More »

[ad_1] After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax season. Cryptocurrency forks, such as Bitcoin Cash, have created headaches for investors and accountants alike in the past. While there has been progress, the United States Internal Revenue Service rules still weren’t ready for something …

Tax on income you never earned? It’s possible after Ethereum’s Merge Read More »

[ad_1] Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100.  Unfortunately for bulls, the positive momentum for stocks and cryptocurrencies rapidly eroded and Bitcoin price gave up a majority of the …

Bitcoin price fails to hold $20K again, but there is a silver lining Read More »

[ad_1] Japan is expected to enact new rules on money transfers to prevent the use of crypto for money laundering, according to local news agency Nikkei. The changes will bring Japan up-to-date with Financial Action Task Force (FATF) recommendations. An amendment to the Act on Prevention of Transfer of Criminal Proceeds will be introduced in …

Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report Read More »

[ad_1] The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the country. In a Monday update to its list of registered crypto asset firms in the U.K., the FCA showed Revolut was in compliance with amended regulations …

FCA green lights Revolut, making no UK crypto firms operating under temporary status Read More »

[ad_1] The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few months. In a Sept. 27 announcement on Twitter, Harrison said he will be resigning his position as FTX US president but wilremain with the exchange “with the goal of removing technological …

Brett Harrison will step down as FTX US president, move into advisory role Read More »

[ad_1] Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. dollar has room to run — trader Data from Cointelegraph Markets Pro and TradingView confirmed the $20,000 mark barely remaining as tentative support on the day. BTC/USD had …

Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’ Read More »

[ad_1] Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin. That was the conclusion from Gabor Gurbacs, strategy adviser at investment giant VanEck, one of many flagging Bitcoin’s appeal over the pound this week. UK becomes fertile ground for Bitcoin “orange pill” …

Bitcoin, British Pound trading volume soars 1150% as UK’s currency risks dollar parity Read More »