Auto Added by WPeMatico

Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins

Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA…

Continue ReadingCrypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins

Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says

President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their…

Continue ReadingCryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says

Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations

A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in…

Continue ReadingVietnam Launches Blockchain Association to Conduct Research and Suggest Regulations

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities…

Continue ReadingCyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo…

Continue ReadingPanama President Mulls Crypto Bill Approval Due to Money Laundering Concerns

Trade Minister Expects Russia to Legalize Cryptocurrency

Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced…

Continue ReadingTrade Minister Expects Russia to Legalize Cryptocurrency

Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining…

Continue ReadingDespite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm

Crypto Exchange Coinbase Slows Hiring Amid Market Downturn

Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move…

Continue ReadingCrypto Exchange Coinbase Slows Hiring Amid Market Downturn

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says

The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly…

Continue ReadingRussia’s First Digital Financial Assets Expected This Year, Lawmaker Says