Ethereum failing to target core Web 3 issues, says NEAR co-founder
Co-founder of NEAR Protocol, Illia Polosukhin, lays out his vision for Web 3 and explains why Ethereum may not play a prominent role in its foundation.
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Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer…
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular…
SundaeSwap launches on Cardano but users report failing transactions
The first DEX on Cardano launched on the mainnet today to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing.
Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading
Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions…
Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to…
Beware of sophisticated scams and rug pulls, as thugs target crypto users
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors.
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The…
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina…
Russia to Allow Foreign Residents to Own and Use Digital Ruble
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization…