Here are key features of blockchains that make then unique to other technologies and that you should know
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine.
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings.
Ukraine’s central bank has banned the use of cryptocurrencies and Ukrainians can only us foreign currency to purchase crypto with a hryvnia limit ($3,400) per month.
Blockchain has proven that games can be a source of income too so, what are the top NFT games to play this year based on their earning potential?
Elon Musk’s electric car company, Tesla, is hodling bitcoin. The company’s balance sheet shows $1.261 billion in digital assets. Tesla has neither purchased nor sold any crypto assets since the first quarter of last year.
The Russian tax agency reportedly wants to allow companies involved in cross-border trade to accept crypto as a form of payment – and pay foreign exporters in cryptoassets. And the Central Bank has claimed that its digital ruble could be ready as soon as next year.
The metaverse and NFTs industries have made a major impact on the crypto space in the last year and the trend looks like it's going to continue into 2022.
Hydra promises more scalability and interoperability, and, according to Charles Hoskinson, it will also offer a better layer 2 experience than the Lightning Network.
Investors are already offering Salvadoran residents around the proposed area of building Bitcoin City as much as five times the amount they paid for their land.
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