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ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into…

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IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial…

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Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with…

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Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town

A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local…

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‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian

Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being…

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Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation

In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in…

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Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey

The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local…

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Crypto Fear and Greed Index Score Hits 5 Month Low, Analyzed Sentiment Points to ‘Extreme Fear’

On January 8, 2022, the price of bitcoin dropped to $40,517 per unit just after 1 p.m. (EST) on Saturday afternoon. According to the Crypto Fear & Greed Index (CFGI),…

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